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Print - 2020-03-04
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 04 Mar, 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 04 Mar, 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 (March 3, 2020).

Published 04 Mar, 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 (March 3, 2020).

Published 04 Mar, 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 (March 3, 2020).

Published 04 Mar, 2020 12:00am
Money Market Report

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (March 3, 2020).
Published 04 Mar, 2020 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (March 3, 2020).

Published 04 Mar, 2020 12:00am
BOARD MEETINGS
Stocks

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 04 Mar, 2020 12:00am
Member to Member
Stocks

Member to Member

The following transactions member to member subsequently reported on Tuesday (March 3, 2020).

Published 04 Mar, 2020 12:00am
THE RUPEE: Rising trend
Money & Banking

THE RUPEE: Rising trend

The rupee managed to gain slightly against the dollar on the local money market on Tuesday in the process of trading, dealers said.
Published 04 Mar, 2020 12:00am
Shipping Intelligence
Schedules

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (March 3, 2020).

Published 04 Mar, 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 (March 3, 2020).

Published 04 Mar, 2020 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Tuesday (March 3, 2020)

Published 04 Mar, 2020 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (March 3, 2020).

Published 04 Mar, 2020 12:00am
LME official prices

LME official prices

The following were Monday official prices.

Published 04 Mar, 2020 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Tuesday (March 3, 2020).

Published 04 Mar, 2020 12:00am
The Weather

The Weather

The weather report on Tuesday (March 3, 2020) and the forecast for Wednesday (March 4, 2020).

Published 04 Mar, 2020 12:00am
US MIDDAY: Gold soars over 3 percent
Commodities

US MIDDAY: Gold soars over 3 percent

Gold surged over 3% on Tuesday after the US central bank cut interest rates to help cushion the economic damage caused by the coronavirus outbreak and on expectations of policy easing by other major central banks.
Published 04 Mar, 2020 12:00am
New York cotton futures down
Cotton & Textile

New York cotton futures down

Cotton futures fell on Tuesday, following a decline in equity markets weighed down by renewed fears that the coronavirus will lead to global economic slowdown even as the US Federal Reserve cut interest rates to help cushion the impact.
Published 04 Mar, 2020 12:00am
Oil falls in volatile session
Energy

Oil falls in volatile session

Oil prices fell in a volatile session on Tuesday, succumbing to fears that the coronavirus would take a heavy toll on energy demand even after the Federal Reserve cut US interest rates and OPEC and allied producers considered more output cuts to support p
Published 04 Mar, 2020 12:00am
Copper pulls back from one-week high
Commodities

Copper pulls back from one-week high

Copper tripped into the red on Tuesday, retreating from its highest level in more than a week, despite news of an emergency cut in US interest rates and hopes about more stimulus spending.
Published 04 Mar, 2020 12:00am
Palm oil up over 2pc
Commodities

Palm oil up over 2pc

Malaysian palm oil futures jumped over 2% on Tuesday on hopes of a recovery in demand from China and India, following the ouster of prime minister Mahathir Mohamad, whose criticisms about India had soured palm oil trade with the country.
Published 04 Mar, 2020 12:00am
Social issues: President calls for Ulema's vibrant role

Social issues: President calls for Ulema's vibrant role

President Dr Arif Alvi Monday urged the religious scholars particularly the prayer leaders to play their vibrant role to sensitize and guide the masses on social issues pervading the country, taking advantage of their proximity to the people and grasp on
Published 04 Mar, 2020 12:00am
'Pakistan, US to work jointly for combating menace of drugs'

'Pakistan, US to work jointly for combating menace of drugs'

Minister for Narcotics Control Shehryar Khan Afridi on Tuesday met with the United States' Principal Assistant Secretary of State, James Walsh, on the sidelines of the 63rd session of the United Nations Commission on Narcotic Drugs (CND) being held in Vie
Published 04 Mar, 2020 12:00am
Prominent bankers' meet PM
Money & Banking

Prominent bankers' meet PM

A delegation of prominent bankers of the country called on Prime Minister Imran Khan in Islamabad Tuesday. Adviser to PM on Finance Dr. Abdul Hafeez Shaikh, Adviser to PM on Institutional Reforms Dr. Ishrat Hussain, Governor State Bank of Pakistan Syed Re
Published 04 Mar, 2020 12:00am
NIDM's workshop concludes in Mithi

NIDM's workshop concludes in Mithi

Closing ceremony of two days training workshop on topic Disaster Risk Reduction (DRR) Climate Change Adoptions (CCA) and Early Recovery Need Assessment (ERNA) of NIDM (National Institute of Disaster Management Islamabad held in Mithi.
Published 04 Mar, 2020 12:00am
Ajmal replaces Yousafzai as KP info minister

Ajmal replaces Yousafzai as KP info minister

Advisor to Chief Minister Ajmal Wazir on Merged Districts, Coordination and Spokesperson to the provincial government has been assigned the portfolio of Information and Public Relations. Similarly, Shaukat Yusafzai has been relieved of his portfolio of In
Published 04 Mar, 2020 12:00am
Speakers highlight steps against coronavirus

Speakers highlight steps against coronavirus

No scientific proof of onion, garlic juices effectiveness in prevention or treatment of coronavirus, however, a balanced diet and good hygienic condition can provide protection against the virus. "The persons suffering from flue, cough with fever should w
Published 04 Mar, 2020 12:00am
Bilawal assures support to Aurat March

Bilawal assures support to Aurat March

Chairman Pakistan Peoples Party (PPP) Bilawal Bhutto has assured a delegation of progressive groups and young doctors of his full cooperation towards holding of Aurat March in the country. He was addressing these two delegations in the city on Tuesday. He
Published 04 Mar, 2020 12:00am
8.5 million cotton bales reach ginneries
Cotton & Textile

8.5 million cotton bales reach ginneries

Seed cotton (Phutti) equivalent to 8.565 million or 8,565,376 bales has reached ginneries across Pakistan till March 1, registering 20.26 per cent shortfall compared to corresponding period of last year. Out of total arrivals, over 8.55 million or 8,552,6
Published 04 Mar, 2020 12:00am
Model programme on poverty alleviation held at UAF

Model programme on poverty alleviation held at UAF

University of Agriculture Faisalabad Scientists Prof. Dr. Zafar Iqbal Qureshi and his team have successfully implemented model of poverty alleviation and women empowerment with the support of Turkish International Cooperation and Coordination Agency (TiKA
Published 04 Mar, 2020 12:00am
South Africa slips into second recession in two years
Money & Banking

South Africa slips into second recession in two years

South Africa slipped into recession in the final three months of 2019, the country's statistics bureau said on Tuesday, the second contraction to hit the economy in as many years. It is the third recession the continent's most industrialised economy has s
Published 04 Mar, 2020 12:00am
Inflation's rise tests Turkish recovery in face of Syria conflict
Global Business Economy

Inflation's rise tests Turkish recovery in face of Syria conflict

Turkey's key inflation gauge rose for a fourth straight month to 12.37% in February, data showed on Tuesday, testing the central bank's resolve to keep stimulating the economy in the face of a weakening lira and a worsening conflict in Syria. The rise in
Published 04 Mar, 2020 12:00am
Eurozone inflation down as ECB readies virus response
Global Business Economy

Eurozone inflation down as ECB readies virus response

Eurozone inflation fell to 1.2 percent in February, official data showed Tuesday, as the European Central Bank said it was preparing to respond to the economic impact of the coronavirus. The drop from 1.4 percent in January means the rate is even further
Published 04 Mar, 2020 12:00am
Daimler targets 20 percent cut in European CO2 output for 2020
Global Business Economy

Daimler targets 20 percent cut in European CO2 output for 2020

Mercedes-Benz parent company Daimler said Tuesday it aims to slash average carbon dioxide (CO2) emissions from new cars sold in Europe by 20 percent in 2020, as EU-wide limits bite. "This is a very big year for us and a year where we are taking electrific
Published 04 Mar, 2020 12:00am
Coronavirus could push airlines to merge: AF-KLM chief
Global Business Economy

Coronavirus could push airlines to merge: AF-KLM chief

The spread of the coronavirus could force weak airlines to merge with competitors, the head of Air France-KLM and the A4E association of European airlines said Tuesday. "There are quit a few weak carriers around the world," Benjamin Smith said at the asso
Updated 04 Mar, 2020 10:53am
Hand sanitiser sales rocket 255 percent in Britain
Global Business Economy

Hand sanitiser sales rocket 255 percent in Britain

Sales of hand sanitiser in Britain have more than tripled as nervous customers sought to protect themselves from coronavirus, data showed Tuesday. Hand sanitiser sales surged 255 percent in the four weeks to 23 February compared with the same period a yea
Published 04 Mar, 2020 12:00am
COVID-19 could put fifth of UK staff off work
Global Business Economy

COVID-19 could put fifth of UK staff off work

Up to one fifth of employees could be off work in Britain when the coronavirus outbreak peaks, the government said Tuesday outlining a new action plan. Britain had 51 confirmed cases of COVID-19 as of 9:00 am (0900 GMT), an increase of 12 in 24 hours, as
Published 04 Mar, 2020 12:00am
China's Jingye to seal British Steel rescue next week
Commodities

China's Jingye to seal British Steel rescue next week

Chinese industrial giant Jingye Group on Tuesday said it would next week finally complete on its takeover of British Steel, including its Dutch operations - but not its small French unit. The announcement, which will preserve 3,200 jobs out of around 5,00
Published 04 Mar, 2020 12:00am
Australia cuts rates
Money & Banking

Australia cuts rates

Australia cut its benchmark interest rate to a record low on Tuesday, putting its central bank among the first in the world to ease policy to fight the economic fallout from the coronavirus. This was the fourth reduction by the Reserve Bank of Australia (
Published 04 Mar, 2020 12:00am
Banks in Sudan to introduce Visa payment systems
Money & Banking

Banks in Sudan to introduce Visa payment systems

Several banks in Sudan are introducing Visa payment systems as the country seeks to develop its financial sector following decades of isolation, a central bank official and the US financial services company said. Bank of Khartoum, Qatar National Bank and
Published 04 Mar, 2020 12:00am
Malaysia cuts key rate to mitigate virus impact
Money & Banking

Malaysia cuts key rate to mitigate virus impact

Malaysia's central bank cut its key interest rate on Tuesday to the lowest in 10 years, to reduce the impact of the coronavirus oubreak on the country's exports and tourism. Bank Negara Malaysia (BNM) cut its overnight policy rate by 25 basis points to 2.
Published 04 Mar, 2020 12:00am
Jack Welch, iconic General Electric CEO, dead at 84

Jack Welch, iconic General Electric CEO, dead at 84

Jack Welch, who built General Electric into a global industrial flagship and became one of America's best-known businessmen, died on Monday aged 84, the company said. Dubbed the "manager of the century," by Fortune magazine in 1999, Welch transformed GE i
Published 04 Mar, 2020 12:00am
Munich to host next IAA German car show
Global Business Economy

Munich to host next IAA German car show

Munich will host the next edition of Germany's biggest car show IAA, its organiser VDA said Tuesday, as the industry scrambles to rebrand the fair after a poor showing in 2019. Frankfurt was home to the bi-annual show for almost seven decades, but last ye
Published 04 Mar, 2020 12:00am
China stocks jump after coronavirus cases fall
Stocks

China stocks jump after coronavirus cases fall

China shares closed higher on Tuesday as new coronavirus cases in the country fell, while hopes of global policy action to limit the economic hit from the epidemic also aided sentiment.
Published 04 Mar, 2020 12:00am
Southeast Asian stocks rebound
Stocks

Southeast Asian stocks rebound

Southeast Asian stock markets rebounded on Tuesday, with Thailand posting its best session in at least three years, as expectations that central banks would step in to blunt the economic blow from the coronavirus epidemic spurred a risk rally.
Published 04 Mar, 2020 12:00am
Tuesday's early trade: Wall Street plummets
Stocks

Tuesday's early trade: Wall Street plummets

US stock markets fell sharply on Tuesday on worries that even a half percentage-point cut in interest rates might not be enough to stave off the economic impact of the coronavirus outbreak and halt the worst sell-off in more than a decade.
Published 04 Mar, 2020 12:00am
London stocks climb
Stocks

London stocks climb

London's bluechip index rose for a second day on Tuesday, as the US Federal Reserve cut interest rates to protect the US economy from the impact of the coronavirus, marking the central bank's first emergency rate cut since the financial crisis.
Published 04 Mar, 2020 12:00am
European shares rise
Stocks

European shares rise

European shares jumped on Tuesday as investors bet on more moves by major central banks and governments to counter the economic blow from the coronavirus outbreak, helping major stock markets recover from a hammering in the past week.
Published 04 Mar, 2020 12:00am
Most Gulf indexes extend gains
Stocks

Most Gulf indexes extend gains

Most bourses in the Middle East closed higher on Tuesday, with Saudi outperforming the region, as global policymakers signalled a united front to address the economic fallout from the spreading coronavirus. G7 finance ministers and central bank governors
Published 04 Mar, 2020 12:00am
Women's Tour continues with 2020 schedule
Other

Women's Tour continues with 2020 schedule

The Women's Tennis Association (WTA) has said it hopes to forge ahead with the remainder of the 2020 world tour despite widespread concerns over the coronavirus outbreak that has seen a host of sports events cancelled or postponed around the globe. The vi
Published 04 Mar, 2020 12:00am
France rugby's 'Bison' Arnaud Marquesuzaa dies
Other

France rugby's 'Bison' Arnaud Marquesuzaa dies

Former France rugby union international Arnaud Marquesuzaa, known as "The Bison" for his uncompromising defence, has died. He was 85. Basque by birth, Marquesuzaa won three French titles with different clubs: Racing 92 in 1959, Lourdes in 1960 and Montaub
Published 04 Mar, 2020 12:00am
Olympic chiefs prepare for 'successful' Tokyo 2020
Other

Olympic chiefs prepare for 'successful' Tokyo 2020

The International Olympic Committee said Tuesday it was busy with preparations for a "successful" Summer Games in Tokyo in less than five months and at a time when the coronavirus outbreak is widening. IOC president Thomas Bach, speaking at the opening of
Published 04 Mar, 2020 12:00am
Inter District Taekwondo Championship concludes
Other

Inter District Taekwondo Championship concludes

Special Assistant to Chief Minister Sindh Hammad N. D. Khan said Sindh Government has always scourged healthy activities. Particularly in the city-state of Quaid-e-Azam, the crime rate has gone up considerably during the last past years because there was
Published 04 Mar, 2020 12:00am
PBG Risala win in National Polo Championship
Other

PBG Risala win in National Polo Championship

The PBG Risala toppled ASC Polo Team by 7-4 in the Zameen National Open Polo Championship for Quaid-e-Azam Gold Cup 2020 match played here at Lahore Polo Club ground on Tuesday. Team work was witnessed from the PBG Risala as Hamza Mawaz Khan, Raheem Saqib
Published 04 Mar, 2020 12:00am