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Print - 2020-02-26
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 26 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 26 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 25, 2020).

Published 26 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 25, 2020).

Published 26 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 25, 2020).

Published 26 Feb, 2020 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (February 25, 2020).
Published 26 Feb, 2020 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (February 25, 2020).

Published 26 Feb, 2020 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (February 25, 2020).

Published 26 Feb, 2020 12:00am
JLI MANAGED TAKAFUL FUND

JLI MANAGED TAKAFUL FUND

JLI Managed Takaful Fund Rates on Tuesday (February 25, 2020).

Published 26 Feb, 2020 12:00am
BOARD MEETINGS
Stocks

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 26 Feb, 2020 12:00am
Member to Member
Stocks

Member to Member

The following transactions member to member subsequently reported on Tuesday (February 25, 2020).

Published 26 Feb, 2020 12:00am
Shipping Intelligence
Schedules

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (February 25, 2020).

Published 26 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 25, 2020).

Published 26 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 25, 2020)

Published 26 Feb, 2020 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (February 25, 2020).

Published 26 Feb, 2020 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 26 Feb, 2020 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (February 25, 2020).

Published 26 Feb, 2020 12:00am
The Weather

The Weather

The weather report on Tuesday (February 25, 2020) and the forecast for Wednesday (February 26, 2020).

Published 26 Feb, 2020 12:00am
UK stocks fall further as coronavirus triggers new sell-off
Stocks

UK stocks fall further as coronavirus triggers new sell-off

London-listed stocks fell sharply to fresh five-month lows on Tuesday as an increase in coronavirus cases outside China triggered a second day of selling across global markets. The blue-chip FTSE 100 lost 1.9%, a day after logging its worst session since
Published 26 Feb, 2020 12:00am
Southeast Asian stocks slightly higher
Stocks

Southeast Asian stocks slightly higher

Most Southeast Asian stock markets ended marginally higher on Tuesday after a selloff in the previous session, even as concerns over the rapid spread of the coronavirus remained. Kuwait, Bahrain, Oman, Afghanistan and Iraq reported their first cases, whil
Published 26 Feb, 2020 12:00am
Indian stocks end lower for third session
Stocks

Indian stocks end lower for third session

Indian stocks fell for a third straight session on Tuesday as concerns over the coronavirus outbreak hit risk sentiment, while US President Donald Trump's two-day visit did little to cheer investors. The blue-chip NSE Nifty 50 index ended 0.27% lower at 1
Published 26 Feb, 2020 12:00am
European stocks sink further as pandemic fears hit buying
Stocks

European stocks sink further as pandemic fears hit buying

European shares ended at their lowest in nearly two months on Tuesday as concerns over a coronavirus pandemic roiled markets which had already marked enormous losses in the prior session. The pan-European STOXX 600 index ended 1.8% lower as the virus' spr
Published 26 Feb, 2020 12:00am
China stocks cap fall on limited domestic impact
Stocks

China stocks cap fall on limited domestic impact

Losses in China stocks, which ended lower on Tuesday, were capped as investors expected the coronavirus contagion outside China to have a limited impact on the Chinese market. At the close, the Shanghai Composite index was down 0.6% at 3,013.05. The blue-
Published 26 Feb, 2020 12:00am
Australian, NZ shares down
Stocks

Australian, NZ shares down

Australian shares on Tuesday added to the heavy losses in the previous session as investors remained on edge over the rapid spread of the coronavirus outside China and its impact on global economic growth. Sentiment was also hit after Prime Minister Scott
Published 26 Feb, 2020 12:00am
Treasury Yields tick down
Money & Banking

Treasury Yields tick down

US Treasury yields ticked lower on Tuesday as traders kept up the flight to safety on concerns the coronavirus epidemic would have a significant impact on global growth. Even as global stock markets stabilized the day after a sell-off, the benchmark 10-ye
Published 26 Feb, 2020 12:00am
Japan's Nikkei at four-month low
Stocks

Japan's Nikkei at four-month low

Japan's Nikkei share average fell to a four-month low on Tuesday, as investors reduced their equity holdings on their first trade after a long weekend and as a spike in coronavirus cases beyond mainland China threatened the global economy. The Nikkei shar
Published 26 Feb, 2020 12:00am
Wall Street plunges on fears of coronavirus pandemic
Stocks

Wall Street plunges on fears of coronavirus pandemic

Wall Street's three major averages plunged on Monday as investors ran for safety after a surge in coronavirus cases outside China fanned worries about the global economic impact of a potential pandemic. Investors sold riskier assets and rushed to traditio
Published 26 Feb, 2020 12:00am
Tuesday's early trade: Wall Street deepens losses
Stocks

Tuesday's early trade: Wall Street deepens losses

Wall Street added to losses on Tuesday with its three major stock indexes falling 1%, after officials said the coronavirus was "a rapidly escalating epidemic," a day after virus worries sent the S&P 500 and the Dow Industrials to their biggest daily decli
Published 26 Feb, 2020 12:00am
Most Mideast stocks slip as virus fears continue
Stocks

Most Mideast stocks slip as virus fears continue

Most Middle Eastern stocks fell on Tuesday, extending the previous session's sharp selloff triggered by a spike in the number of coronavirus cases outside China. The death toll from the virus in Iran rose to 16, the highest outside China, while other hard
Published 26 Feb, 2020 12:00am
Hong Kong stocks recover
Stocks

Hong Kong stocks recover

Hong Kong stocks recovered from early falls to close slightly higher on Tuesday, as investors expected the coronavirus outbreak outside China to have a limited impact on the world's second-largest economy. The Hang Seng index rose 0.3%, to 26,893.23, whil
Published 26 Feb, 2020 12:00am
US consumer confidence holds at higher levels despite coronavirus
Global Business Economy

US consumer confidence holds at higher levels despite coronavirus

US consumer confidence edged up in February, suggesting a steady pace of consumer spending that could support the economy despite growing fears over the fast-spreading coronavirus, which have roiled financial markets.
Published 26 Feb, 2020 12:00am
Croda profit hit by trade war
Global Business Economy

Croda profit hit by trade war

Croda's annual profit was hurt by a hit to demand as the trade war between Beijing and Washington persisted and China attempted to modernise "surrogate sales" in what its top boss called the harshest trading environment in a decade.
Published 26 Feb, 2020 12:00am
Qatar postal blockage ends as regional rivals restore service
Global Business Economy

Qatar postal blockage ends as regional rivals restore service

A postal blockage against Qatar has ended with Saudi Arabia, Bahrain and Egypt restoring services, the UN postal agency said Tuesday, after mail links were severed in 2017 as part of a campaign to isolate Doha. The three nations, along with the United Ara
Published 26 Feb, 2020 12:00am
Drillship off Lebanon to start oil and gas exploration
Energy

Drillship off Lebanon to start oil and gas exploration

A drillship anchored off Lebanon Tuesday to explore for oil and gas, an energy firm and the government said, raising hopes for a future boost to the country's crumbling economy. Information Minister Manal Abdel Samad said the first ever such exploration w
Published 26 Feb, 2020 12:00am
Shanghai signs $1.7 billion investment deals
Global Business Economy

Shanghai signs $1.7 billion investment deals

Shanghai's city government has signed agreements with foreign investors for 21 projects worth more than $1.7 billion combined, the official Xinhua News Agency reported on Tuesday. Firms that will invest in Shanghai through the projects include Siemens Hea
Published 26 Feb, 2020 12:00am
Expedia to cut 3,000 jobs
Global Business Economy

Expedia to cut 3,000 jobs

Online travel giant Expedia will cut about 3,000 jobs after what the company described in a statement as "disappointing" performance last year. The firm, which operates its flagship travel site as well as Hotels.com, Hotwire, Travelocity, Cheaptickets, Eg
Published 26 Feb, 2020 12:00am
Weak economy fuels smallest Mexican current account deficit since 1995
Global Business Economy

Weak economy fuels smallest Mexican current account deficit since 1995

Mexico posted its smallest current account deficit in 24 years during 2019 as sluggish investment crimped spending on capital goods even as the US trade dispute with China supported exports, official data showed on Tuesday.
Published 26 Feb, 2020 12:00am
Tesco says cutting bakery jobs
Global Business Economy

Tesco says cutting bakery jobs

Britain's biggest retailer, supermarket group Tesco, said Tuesday it was cutting more than 1,800 jobs at its in-store bakeries following a drop in demand for its bread loaves.
Published 26 Feb, 2020 12:00am
D I Khan win KP U-21 Inter-Tehsil Games trophy
Other

D I Khan win KP U-21 Inter-Tehsil Games trophy

Ismail Khan (D. I. Khan) Tehsil clinched the overall trophy after securing three gold medals and a silver medal in the Khyber Pakhtunkhwa U-21 Inter-Tehsil Games that concluded here Tuesday. Deputy Commissioner Dera Ismail Khan Muhamamd Umair was the chie
Published 26 Feb, 2020 12:00am
PCB sees no complain over ball changing incident
Cricket

PCB sees no complain over ball changing incident

The Pakistan Cricket Board (PCB) confirmed that match referee Roshan Mahanama has not received an official complaint from Quetta Gladiators against Peshawar Zalmi for changing the condition of the ball during their 22 February fixture of the HBL Pakistan
Published 26 Feb, 2020 12:00am
Standard Chartered invests in future footballers of Pakistan
Football

Standard Chartered invests in future footballers of Pakistan

Standard Chartered upskilled community coaches from Karachi United Football Club (KUFC) to build future footballers of Pakistan. This programme was led by two Liverpool FC academy coaches for 12 KUFC coaches who work across underserved communities and are
Published 26 Feb, 2020 12:00am
Aussie, kiwi find their footing but risks persist
Money & Banking

Aussie, kiwi find their footing but risks persist

The Australian dollar bounced from an 11-year low on Tuesday, clawing back some of the heavy losses from recent sessions as investors took some solace from a dip in the coronavirus infection rate amid growing US rate cut expectations.
Published 26 Feb, 2020 12:00am
Sterling rebounds after selloff though outlook cautious
Money & Banking

Sterling rebounds after selloff though outlook cautious

Sterling rebounded on Tuesday as markets worrying about the spread of coronavirus found some stability, encouraging investors to pare back their rush into dollars that had sent the British currency lower. Traders of the pound will also be watching for dev
Published 26 Feb, 2020 12:00am
Latam currencies rise
Money & Banking

Latam currencies rise

Latin American currencies firmed on Tuesday, capitalising on the dollar's weakness, as worries of greater economic impact from the coronavirus raised expectations of an interest rate cut by the US Federal Reserve. MSCI's index of Latam currencies and its
Published 26 Feb, 2020 12:00am
Asian forex: most currencies regain footing
Money & Banking

Asian forex: most currencies regain footing

Most emerging Asian currencies firmed on Tuesday, clawing back some of the prior session's heavy losses, as growing US rate-cut expectations took some steam out of the dollar's recent run. Financial markets have ratcheted up bets that the Federal Reserve
Published 26 Feb, 2020 12:00am
Virus-driven risk-off move lifts yen in New York
Money & Banking

Virus-driven risk-off move lifts yen in New York

The Japanese yen rose versus the US dollar on Monday in a risk-off move spurred by the rise in coronavirus cases. The safe-haven yen was last up 0.73% at 110.74 per dollar, having strengthened to 110.34 earlier in the day.
Published 26 Feb, 2020 12:00am
Dollar weakens largely in Europe
Money & Banking

Dollar weakens largely in Europe

The US dollar weakened on Tuesday as expectations grew that the Federal Reserve would cut interest rates this year to relieve pressure on the economy caused by China's coronavirus outbreak. The dollar rose last week to its highest in years as the virus sp
Published 26 Feb, 2020 12:00am
Dollar pauses gains in Asia
Money & Banking

Dollar pauses gains in Asia

The dollar checked its march higher on Tuesday, as investors sharply raised bets that the growing fallout from the coronavirus outbreak would prompt US interest rate cuts. That helped to stay a steep slide in Asian currencies that has accompanied the viru
Published 26 Feb, 2020 12:00am
Turkish lira down again
Money & Banking

Turkish lira down again

Turkey's lira tumbled 0.7% on Tuesday, giving up earlier gains against the dollar, as investors fretted over the global spread of coronavirus and the quarantining of 132 people in Ankara who were aboard a flight from Iran. The lira stood at 6.1545 at 1050
Published 26 Feb, 2020 12:00am
China's iron ore hits 1-1/2-month high
Commodities

China's iron ore hits 1-1/2-month high

China's iron ore futures climbed to their highest in more than six weeks on Monday after data showed stockpiles of the steelmaking raw material at the country's ports declined for two consecutive weeks. Beijing's promise to step up policy support to count
Published 26 Feb, 2020 12:00am
Improved trading activity seen on cotton market
Cotton & Textile

Improved trading activity seen on cotton market

Volume of business went up on the cotton market on Tuesday as some leading mills indulged in panic buying following the uncertainties created by spread of coronavirus the world over, dealers said. The official spot rate maintained week-end level at Rs 900
Published 26 Feb, 2020 12:00am
Activities at Karachi and Port Qasim
Business & Economy

Activities at Karachi and Port Qasim

The Karachi Port handled 123,083 tonnes of cargo comprising 57,540 tonnes of import cargo and 65,543 tonnes of export cargo including 4,692 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday.
Published 26 Feb, 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 over 2% on Monday on forecasts for milder weather and lower heating demand over the next two weeks than previously expected. Front-month gas futures for March delivery on the New York Mercantile Exchange (NYMEX) fell 4.6 cents,
Published 26 Feb, 2020 12:00am
EU wheat falls as jump in coronavirus cases outside China
Commodities

EU wheat falls as jump in coronavirus cases outside China

European wheat fell on Monday following a slump on US markets and global financial markets as a jump in coronavirus cases outside China fuelled global growth worries. Benchmark May milling wheat on Paris-based Euronext, closed at 189.50 euros a tonne, dow
Published 26 Feb, 2020 12:00am
PMEX daily trading report

PMEX daily trading report

On Monday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,191. The traded value of metals, energy and COTS/FX was recorded at PKR 12.867 billion and the number of lots traded was 16,380.
Published 26 Feb, 2020 12:00am
Russian wheat prices decline after month-long slide
Commodities

Russian wheat prices decline after month-long slide

Russian wheat export prices registered a fourth consecutive weekly decline last week, dragged down by competition with other major exporters, but the pace of the fall has slowed, SovEcon agriculture consultancy said on Monday.
Published 26 Feb, 2020 12:00am
CBOT corn futures fall on supply worries
Commodities

CBOT corn futures fall on supply worries

Chicago Board of Trade corn futures fell for a fourth straight session and notched contract lows, pressured by forecasts for ample supplies of the grain and worries about the spread of coronavirus beyond China, traders said. Spillover weakness from tumbli
Published 26 Feb, 2020 12:00am
Brexit talks turn sour as EU, UK clash

Brexit talks turn sour as EU, UK clash

Britain and Brussels clashed Tuesday over upcoming Brexit talks, with London roundly rejecting key elements of the EU's negotiating platform, setting up an acrimonious start to negotiations next week.
Published 26 Feb, 2020 12:00am