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Print - 2020-03-05
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 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 05 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 Wednesday (March 4, 2020).

Published 05 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 Wednesday (March 4, 2020).

Published 05 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 Wednesday (March 4, 2020).

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

Money Market Report

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

Spot dollar rates

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

Published 05 Mar, 2020 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (March 4, 2020).

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

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

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

Member to Member

The following transactions member to member subsequently reported on Wednesday (March 4, 2020).

Published 05 Mar, 2020 12:00am
THE RUPEE: Steady trend
Money & Banking

THE RUPEE: Steady trend

The rupee held the overnight firmness in relation to the dollar on the local money market on Wednesday in the process of trading, dealers said.
Published 05 Mar, 2020 12:00am
Shipping Intelligence
Schedules

Shipping Intelligence

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

Published 05 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 Wednesday (March 4, 2020).

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

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (March 4, 2020)

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

Cotton Spot Rates

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

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

LME official prices

The following were Tuesday official prices.

Published 05 Mar, 2020 12:00am
Bullion Rates

Bullion Rates

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

Published 05 Mar, 2020 12:00am
The Weather

The Weather

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

Published 05 Mar, 2020 12:00am
US MIDDAY: Gold steadies
Commodities

US MIDDAY: Gold steadies

Gold held steady on Wednesday following a surge in the previous session on the US Federal Reserve's surprise rate cut, as a firmer dollar and strong uptick in risk sentiment limited bullion's upside. Spot gold was flat at $1,639.43 per ounce by 01:46 p.m.
Published 05 Mar, 2020 12:00am
Palm oil futures jumped
Commodities

Palm oil futures jumped

Malaysian palm oil futures jumped 5% on Wednesday as buyers stocked up ahead of the Muslim holy month of Ramadan and expectations of 2019/2020 production falling also boosted prices. The benchmark palm oil contract for May delivery on the Bursa Malaysia D
Published 05 Mar, 2020 12:00am
Oil gives up gains even as OPEC works on big output cut
Energy

Oil gives up gains even as OPEC works on big output cut

Crude oil prices were mixed, giving up early gains despite expectations that major producers were closing in on an agreement to cut supply aimed at offsetting a slump in demand caused by the coronavirus outbreak. Since the outbreak worsened, oil has dropp
Published 05 Mar, 2020 12:00am
Copper prices climb
Commodities

Copper prices climb

Copper prices climbed on Wednesday as traders interpreted the US central bank's rate cut as a positive move that will ease liquidity, but worries about demand in top consumer China dominated. Benchmark copper on the London Metal Exchange ended up 0.3% at
Published 05 Mar, 2020 12:00am
Cotton futures move up
Cotton & Textile

Cotton futures move up

Cotton futures rose as much as 2% on Wednesday, helped by mill buying and a recovery in stock markets, while investors awaited weekly federal export sales data from the US Department of Agriculture.
Published 05 Mar, 2020 12:00am
UK stocks rise as investors eye stimulus
Stocks

UK stocks rise as investors eye stimulus

London's FTSE 100 index rose for a third day on Wednesday, as miners and other export-heavy firms were boosted by a dip in sterling, with investors weighing the impact of a cut in US interest rates on a slowing global economy.
Published 05 Mar, 2020 12:00am
Southeast Asian stocks: Indonesia, Manila stocks up
Stocks

Southeast Asian stocks: Indonesia, Manila stocks up

Indonesian stocks closed up over 2% on Wednesday as the country's central bank said foreign inflows could be triggered by the US Fed's rate cut, while the Philippine index reversed early losses just before the bell to end higher.
Published 05 Mar, 2020 12:00am
Indian shares lower
Stocks

Indian shares lower

Indian shares closed lower on Wednesday after the country's health minister confirmed the number of coronavirus cases had risen sharply to 28, fuelling worries that economic activity may be affected further. The NSE Nifty 50 index ended 0.46% lower at 11,
Published 05 Mar, 2020 12:00am
European shares up
Stocks

European shares up

European shares rose on Wednesday, with defensive sectors gaining the most as investors grappled with the efficacy of monetary stimulus in offsetting the economic impact of the coronavirus. While the Fed's 50 basis points cut on Tuesday did see markets in
Published 05 Mar, 2020 12:00am
China stocks surge
Stocks

China stocks surge

China stocks settled higher on Wednesday as investors hoped for more domestic policy stimulus after the US Federal Reserve cut interest rates to tackle the economic fallout from the coronavirus. Additionally, economists urged for swift support to avoid ma
Published 05 Mar, 2020 12:00am
Australian shares tumble, NZ rises
Stocks

Australian shares tumble, NZ rises

Australian shares ended at a nine-month low on Wednesday as investors overlooked faster-than-expected economic growth and a surprise rate cut by the US Fed amid growing fears of a global economic fallout from the coronavirus outbreak. The S&P/ASX 200 inde
Published 05 Mar, 2020 12:00am
10-year Treasury yields fall to record low
Money & Banking

10-year Treasury yields fall to record low

US benchmark 10-year Treasury yields on Tuesday fell to a record low below 1% after the Federal Reserve slashed interest rates by 50 basis points in an emergency move to ease the economic fallout from the fast-spreading coronavirus.
Published 05 Mar, 2020 12:00am
Hong Kong stocks ease
Stocks

Hong Kong stocks ease

Hong Kong stocks slipped on Wednesday, as an emergency rate cut from the US Federal Reserve seemed to spook rather than soothe global markets. However, losses were contained as bleak data further raised hopes for even more further policy support.
Published 05 Mar, 2020 12:00am
Another foul day on Wall Street after surprise Fed rate cut
Stocks

Another foul day on Wall Street after surprise Fed rate cut

Wall Street tumbled in a volatile session on Tuesday after the US Federal Reserve surprised investors with a half percentage-point cut in interest rates, amplifying fears about the magnitude of the coronavirus' impact on the economy.
Published 05 Mar, 2020 12:00am
Japanese shares flat
Stocks

Japanese shares flat

Japanese shares ended almost flat on Wednesday as a pickup in Wall Street futures following early results of US Democratic primaries helped stocks claw back earlier losses after the Federal Reserve's emergency rate cut failed to lift confidence.
Published 05 Mar, 2020 12:00am
Middle East shares decline
Stocks

Middle East shares decline

Stock markets in the Middle East retreated on Wednesday, as an emergency rate cut from the US Federal Reserve failed to quell investor nerves over the coronavirus's widening global economic fallout. The World Health Organization warned on Tuesday of a glo
Published 05 Mar, 2020 12:00am
French political power couple lose tax fraud appeal
Taxes

French political power couple lose tax fraud appeal

A right-wing power couple that ran a wealthy Paris suburb for decades were given three-year jail terms on Wednesday and barred from holding office for 10 years after losing their appeals against tax fraud convictions.
Published 05 Mar, 2020 12:00am
Big UK retailers reveal coronavirus supply disruptions
Global Business Economy

Big UK retailers reveal coronavirus supply disruptions

Large UK retailers are suffering supply disruptions because of the coronavirus that is hitting sales, according to a survey Wednesday that also revealed the extent of stockpiling by consumers.
Published 05 Mar, 2020 12:00am
China's services activity plunges
Global Business Economy

China's services activity plunges

China's services sector had its worst month on record in February as new orders plummeted to their lowest level since the global financial crisis, a business survey showed on Wednesday, with economists urging swift support to avoid mass bankruptcies.
Published 05 Mar, 2020 12:00am
Australian economic growth picks up but outlook cloudy
Global Business Economy

Australian economic growth picks up but outlook cloudy

Australia's economy expanded by more than expected last quarter, easing the risk of a recession even as raging bushfires and the coronavirus crisis wreaked havoc with tourism and travel at the start of the new year.
Published 05 Mar, 2020 12:00am
Lufthansa to ground 150 planes over coronavirus
Global Business Economy

Lufthansa to ground 150 planes over coronavirus

German airline giant Lufthansa said Wednesday it would ground 150 of its more than 750 planes worldwide, days after announcing a slimmed-down timetable over the effects of the novel coronavirus.
Published 05 Mar, 2020 12:00am
Ritz London co-owner reveals £1 billion+ offers for hotel
Global Business Economy

Ritz London co-owner reveals £1 billion+ offers for hotel

Several bids of more than £1.0 billion ($1.3 billion, 1.2 billion euros) have been received as offers to buy London's Ritz hotel, co-owner Frederick Barclay said on Wednesday.
Published 05 Mar, 2020 12:00am
Brazil economy grows at slowest pace in 3 years, 2020 outlook darkens
Global Business Economy

Brazil economy grows at slowest pace in 3 years, 2020 outlook darkens

Brazil's economy grew by 1.1% last year, official figures showed on Wednesday, the slowest rate in three years as a deceleration in growth in the final quarter indicated that the weak recovery from the 2015-16 recession will limp along into this year.
Published 05 Mar, 2020 12:00am
Uber loses French case, driver declared employee
Global Business Economy

Uber loses French case, driver declared employee

France's top civil court dealt ride-hailing giant Uber a setback on Wednesday with a ruling that it had effectively employed one of its drivers.
Published 05 Mar, 2020 12:00am
Equal prize money for men and women in England's Hundred
Cricket

Equal prize money for men and women in England's Hundred

English cricket's new Hundred competition will feature equal prize money for the men's and women's competitions, tournament organisers announced on Wednesday. The England and Wales Cricket Board said the total prize fund of £600,000 ($768,000) would be sp
Published 05 Mar, 2020 12:00am
French cycling team Cofidis quarantined in UAE until March 14
Other

French cycling team Cofidis quarantined in UAE until March 14

The two French cycling teams kept in the United Arab Emirates following the outbreak of coronavirus that ended the UAE Tour, will be quarantined for 10 more days, team officials said on Wednesday. "We have just learned that we are officially quarantined,
Published 05 Mar, 2020 12:00am
Safaraz to be considered for T20 World Cup: Misbah
Cricket

Safaraz to be considered for T20 World Cup: Misbah

Former skipper of national cricket team Sarfaraz Ahmed, who is representing Quetta Gladiator in the 5th PSL edition as its captain, may be considered for the ICC Men's T20 World Cup. Head coach Misbah-ul-Haq revealed that Sarfaraz Ahmed was under consider
Published 05 Mar, 2020 12:00am
IPL slashes prize money in cost-cutting drive
Cricket

IPL slashes prize money in cost-cutting drive

India's cricket board has slashed the prize money by half for the winners and runners-up of this year's IPL, the world's most popular and successful T20 league. The Board of Control for Cricket in India (BCCI) said the move was part of measures to cut the
Published 05 Mar, 2020 12:00am
Fatima Fertilizer in partnership accord with Multan Sultans
Cricket

Fatima Fertilizer in partnership accord with Multan Sultans

Fatima Fertilizer Wednesday signed a partnership agreement with Multan Sultans to officially support them during the ongoing Pakistan Super League (PSL) 2020. The agreement was signed between the owner of Multan Sultans team, Ali Tareen and Director Mark
Published 05 Mar, 2020 12:00am
Investigators raid Portuguese clubs over tax evasion
Other

Investigators raid Portuguese clubs over tax evasion

Investigators swooped on a string of top football clubs in Portugal on Wednesday as part of a tax evasion probe, the prosecutor's office announced. Benfica and Porto confirmed searches and declared themselves ready to collaborate with the authorities.
Published 05 Mar, 2020 12:00am
Khyber Super League Cricket Tournament opens in Landi Kotal
Cricket

Khyber Super League Cricket Tournament opens in Landi Kotal

Khyber Super League Cricket Tournament was inaugurated at Konj Sports Ground, Landi Kotal on Wednesday. The sports activity was organized under the banner of Konj Sports Committee and member provincial assembly Shafiq Sher Afridi was the chief guest on th
Published 05 Mar, 2020 12:00am
West Indies defeat Sri Lanka in T20
Cricket

West Indies defeat Sri Lanka in T20

Oshane Thomas took five wickets for 28 runs as West Indies beat Sri Lanka by 25 runs in their first Twenty20 international on Wednesday. Lendl Simmons hit an unbeaten 67 as West Indies, who chose to bat, made 196-4. Thomas's bouncer-laden fast bowling dev
Published 05 Mar, 2020 12:00am
Clijsters loses in Mexico in latest comeback
Other

Clijsters loses in Mexico in latest comeback

Returning four-time major winner Kim Clijsters lost in the first round of the WTA tournament in Monterrey, Mexico, just her second match of an ambitious comeback after her 2012 retirement. The 36-year-old Belgian mother of three played her first match in
Published 05 Mar, 2020 12:00am
Sterling rallies against euro
Money & Banking

Sterling rallies against euro

Sterling headed for its best day against the euro in two weeks and inched up from four-and-a-half-month lows against the dollar on Wednesday, as incoming Bank of England Governor Andrew Bailey said action could be needed to offset the effects of the coron
Published 05 Mar, 2020 12:00am
Asian forex: Most currencies strengthen
Money & Banking

Asian forex: Most currencies strengthen

Most Asian currencies strengthened on Wednesday as a surprise 50 basis point rate cut by the US Federal Reserve overnight sent yield-seekers looking east, with the Indonesian rupiah leading gains. Indonesia's finance minister affirmed that the rate cut co
Published 05 Mar, 2020 12:00am
Turkish lira weakens
Money & Banking

Turkish lira weakens

The Turkish lira weakened early on Wednesday, giving up some of the gains made a day earlier when an emergency rate cut by the US Federal Reserve in response to the spread of coronavirus hit the dollar across the board. At 0525 GMT, the lira stood at 6.11
Published 05 Mar, 2020 12:00am
Dollar falls across the board in NY
Money & Banking

Dollar falls across the board in NY

The US dollar fell across the board on Tuesday after the US Federal Reserve cut interest rates in an emergency move designed to shield the world's largest economy from the impact of the coronavirus. Though Fed Chair Jerome Powell reiterated his view that
Published 05 Mar, 2020 12:00am
Dollar regains footing in European trade
Money & Banking

Dollar regains footing in European trade

The dollar recouped some losses on Wednesday as traders looked to see which other major central banks might follow the US Federal Reserve and make emergency cuts to their interest rates. The Fed surprised investors by slashing rates by 50 basis points to
Published 05 Mar, 2020 12:00am
Brazil 2020-21 coffee crop seen at 67.5 million bags
Commodities

Brazil 2020-21 coffee crop seen at 67.5 million bags

Brazil's coffee crop in the upcoming 2020/21 season is expected to total 67.5 million 60-kg bags, according to a Rabobank crop survey published on Monday. The crop was expected to be made up of a record 49 million bags of arabica and 18.5 million of conil
Published 05 Mar, 2020 12:00am
Dull activity seen on cotton market
Cotton & Textile

Dull activity seen on cotton market

No any deal was reported on the cotton market on Wednesday as mills preferred to import lint from other countries instead of local buying due to higher rates, dealers said. The official spot rate maintained week-end level at Rs 9000, they added. In the re
Published 05 Mar, 2020 12:00am
Activities at Karachi and Port Qasim
Business & Economy

Activities at Karachi and Port Qasim

The Karachi Port handled 193,828 tonnes of cargo comprising 119,966 tonnes of import cargo and 73,862 tonnes of export cargo including 8,723 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday. The total import cargos of
Published 05 Mar, 2020 12:00am
China's iron ore futures extend rise
Commodities

China's iron ore futures extend rise

China's iron ore futures extended gains on Tuesday on hopes of further government support for the coronavirus-hit domestic economy, and after Brazil reported a 17.5% month-on-month drop in February exports of the steelmaking raw material. The Dalian Commo
Published 05 Mar, 2020 12:00am
CBOT soyabean futures rise
Commodities

CBOT soyabean futures rise

Chicago Board of Trade soyabean futures reached their highest prices in more than five weeks on Tuesday on technical buying and bargain hunting, traders said. Argentina is expected to raise taxes on soyabean exports to 33% from the current 30%, a spokesma
Published 05 Mar, 2020 12:00am
European wheat prices rise on technical rebound
Commodities

European wheat prices rise on technical rebound

European wheat prices rose on Tuesday in a technical rebound after a selloff in the past few days, supported by signs of global efforts to offset the economic impact of the coronavirus outbreak. Benchmark May milling wheat on the Paris-based Euronext unof
Published 05 Mar, 2020 12:00am
Canadian canola futures rise
Commodities

Canadian canola futures rise

ICE Canadian canola futures rose on Tuesday on higher soyabean and soyabean oil prices. There was good two-way trade, a trader said, adding volumes and spreading were moderate. Soyabeans rallied in the close and canola followed. May-July canola spread tra
Published 05 Mar, 2020 12:00am
Ukraine sunflower oil exports jump
Commodities

Ukraine sunflower oil exports jump

Ukraine, the world's top exporter of sunflower oil, increased its seaborne exports of the commodity by around 63% so far in the 2019/20 season, preliminary data from the APK-Inform consultancy showed on Monday. Seaport exports of sunflower oil totalled 2.
Published 05 Mar, 2020 12:00am
PMEX daily trading report

PMEX daily trading report

On Tuesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,006. The traded value of Metals, Energy and COTS/FX was recorded at PKR 8.916 billion and the number of lots traded was 13,220.
Published 05 Mar, 2020 12:00am