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Print - 2020-03-12
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 12 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 12 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 11, 2020).

Published 12 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 11, 2020).

Published 12 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 11, 2020).

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

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Wednesday (March 11, 2020).
Published 12 Mar, 2020 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Wednesday (March 11, 2020).

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

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (March 11, 2020).

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

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

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

Member to Member

The following transactions member to member subsequently reported on Wednesday (March 11, 2020).

Published 12 Mar, 2020 12:00am
THE RUPEE: Decline extends
Money & Banking

THE RUPEE: Decline extends

The dollar maintained overnight rising trend in terms of the rupee on local currency markets on Wednesday amid increase in greenback demand, dealers said.
Published 12 Mar, 2020 12:00am
Shipping Intelligence
Schedules

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (March 11, 2020).

Published 12 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 11, 2020).

Published 12 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 11, 2020)

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

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (March 11, 2020).

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

LME official prices

The following were Tuesday official prices.

Published 12 Mar, 2020 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (March 11, 2020).

Published 12 Mar, 2020 12:00am
The Weather

The Weather

The weather report on Wednesday (March 11, 2020) and the forecast for Thursday (March 12, 2020).

Published 12 Mar, 2020 12:00am
US MIDDAY: Gold prices ease
Commodities

US MIDDAY: Gold prices ease

Gold prices fell on Wednesday after rising as much as 1.3% earlier in the session, as traders sold the precious metal to cover margins for stock markets spooked by the global spread of coronavirus.
Published 12 Mar, 2020 12:00am
US MIDDAY: Corn, wheat decline
Commodities

US MIDDAY: Corn, wheat decline

Chicago corn and wheat futures declined on Wednesday, following as Wall Street equity markets fell sharply on fears of the coronavirus causing a global recession and a lack of immediate US measures to counter the economic fallout.
Published 12 Mar, 2020 12:00am
NY cotton edges up on mill buying
Cotton & Textile

NY cotton edges up on mill buying

ICE cotton futures edged higher on Wednesday, supported by mill buying ahead of the weekly export sales report from the United States Department of Agriculture (USDA). Cotton contract for May rose 0.18 cent, or 0.3%, to 61.59 cents per lb as of 2:19 p.m.
Published 12 Mar, 2020 12:00am
World oil prices slump four percent
Energy

World oil prices slump four percent

Oil prices fell 4% on Wednesday, sinking into the close of trading with renewed weakness in the stock market after the World Health Organization said the global coronavirus outbreak is now a pandemic, and as major oil producers announced plans to escalate
Published 12 Mar, 2020 12:00am
London stocks jump after BoE's emergency rate cut
Stocks

London stocks jump after BoE's emergency rate cut

London stocks climbed on Wednesday after the Bank of England joined other major central banks in cutting interest rates to buffer the economy from the fast-spreading coronavirus. Housebuilders - particularly sensitive to the domestic economy - led gains o
Published 12 Mar, 2020 12:00am
Most Southeast Asian stocks drop
Stocks

Most Southeast Asian stocks drop

Vietnam shares tumbled more than 3% on Wednesday as coronavirus cases in the country spiked, while most other Southeast Asian markets ended lower amid growing scepticism about Washington's stimulus measures to limit the economic impact of the outbreak.
Published 12 Mar, 2020 12:00am
European shares lose for fifth day
Stocks

European shares lose for fifth day

European shares ended at a 14-month low on Wednesday after surrendering initial gains made on the Bank of England's stimulus measures, while weakness in markets across the Atlantic also drove losses. The benchmark STOXX 600 closed down 0.7%, having turned
Published 12 Mar, 2020 12:00am
China stocks down
Stocks

China stocks down

China stocks ended lower on Wednesday, though losses were contained as worries over the coronavirus outbreak in the country ebbed after President Xi Jinping's visit to Wuhan, and as investors expect Beijing's stimulus to underpin its economy.
Published 12 Mar, 2020 12:00am
Indian shares up
Stocks

Indian shares up

Indian shares ended higher on Wednesday, with gains in energy majors offsetting weakness in IT and financial stocks, after a Bank of England interest rate cut raised hopes of more global stimulus moves to limit the impact of the coronavirus. The NSE Nifty
Published 12 Mar, 2020 12:00am
Tokyo shares sink to three-year low
Stocks

Tokyo shares sink to three-year low

Japan's Topix share index fell to its lowest level in more than three years on Wednesday as investors worried about the global economic impact of the fast spreading coronavirus. The broader Topix shed 1.5% to 1,385.12 points, its lowest close since Novemb
Published 12 Mar, 2020 12:00am
Treasury yields head up from all-time lows
Money & Banking

Treasury yields head up from all-time lows

Treasury yields rose from all-time lows on Tuesday as global oil and stock markets rebounded on optimism that governments would take steps to reboot economies impacted by the global spread of coronavirus. The 10-year note yield was last at 0.8046%, more t
Published 12 Mar, 2020 12:00am
Australian, NZ shares slip
Stocks

Australian, NZ shares slip

Australian shares fell more than 3.5% on Wednesday and slipped back into bear territory as doubts set in whether expected stimulus measures would be adequate enough to soften the economic blows from the coronavirus outbreak.
Published 12 Mar, 2020 12:00am
Saudi, UAE indexes fall as oil prices drop
Stocks

Saudi, UAE indexes fall as oil prices drop

Stock markets in Saudi Arabia and United Arab Emirates (UAE) closed lower on Wednesday as oil prices fell after both the countries promised to raise oil output amid an oil-supply policy dispute with Russia.
Published 12 Mar, 2020 12:00am
Rising food costs lift US consumer prices
Global Business Economy

Rising food costs lift US consumer prices

US consumer prices unexpectedly rose in February but could drop in the months ahead as the coronavirus outbreak depresses demand for some goods and services, outweighing price increases related to shortages caused by disruptions to the supply chain.
Published 12 Mar, 2020 12:00am
Lufthansa to cancel 23,000 flights in April over virus
Global Business Economy

Lufthansa to cancel 23,000 flights in April over virus

German airline Lufthansa said Wednesday it would cancel 23,000 flights across the group, a 50-percent reduction, as it tries to deal with the fallout from the coronavirus crisis.
Published 12 Mar, 2020 12:00am
French homeopathy giant to cut 600 jobs
Global Business Economy

French homeopathy giant to cut 600 jobs

The world's largest producer of homeopathy treatments said Wednesday that it would cut 646 jobs in France, or around a fourth of its workforce in the country, after French authorities slashed reimbursements to patients for the alternative remedies.
Published 12 Mar, 2020 12:00am
Brazil cuts growth forecast
Global Business Economy

Brazil cuts growth forecast

Brazil slashed its economic growth forecast for 2020 Wednesday over the impact of the coronavirus outbreak on Latin America's biggest economy, which is closely tied to China's.
Published 12 Mar, 2020 12:00am
Boeing reins in spending amid 737 MAX, coronavirus crises
Global Business Economy

Boeing reins in spending amid 737 MAX, coronavirus crises

Boeing will suspend most hiring and overtime pay as it works to conserve cash in the face of twin crises over the 737 MAX and a massive slowdown in travel due to coronavirus, the company said Wednesday.
Published 12 Mar, 2020 12:00am
US lawmakers seek Xinjiang import ban over forced labor
Global Business Economy

US lawmakers seek Xinjiang import ban over forced labor

US lawmakers on Wednesday proposed a ban on most imports from China's Xinjiang region, charging that goods produced by Uighur forced laborers were making their way into the United States.
Published 12 Mar, 2020 12:00am
Saudi Arabia asked state agencies to implement big budget cuts
Global Business Economy

Saudi Arabia asked state agencies to implement big budget cuts

Saudi Arabia has asked state agencies to submit proposals for cuts of at least 20% to their budgets in a fresh austerity drive to cope with a sharp drop in oil prices, four sources familiar with the matter said.
Published 12 Mar, 2020 12:00am
Russian officials play down risks of falling rouble and oil
Energy

Russian officials play down risks of falling rouble and oil

The Russian economy is not at risk of contracting in 2020 and consumer inflation is unlikely to accelerate above the target, First Deputy Prime Minister Andrei Belousov said on Wednesday, playing down concerns about the rouble hitting a four-year low.
Published 12 Mar, 2020 12:00am
UK food banks face shortages, rationing
Global Business Economy

UK food banks face shortages, rationing

Panic-buying due to the coronavirus has led to fewer donations to UK food banks, and some must even ration essential goods to needy people, experts said Wednesday.
Published 12 Mar, 2020 12:00am
Coronavirus throws international sport into chaos
Other

Coronavirus throws international sport into chaos

As more sports in more countries on Wednesday announced measures to avoid spreading the new coronavirus, the problem of international competitions proved particularly thorny.
Published 12 Mar, 2020 12:00am
Imad Wasim sees victory crucial
Cricket

Imad Wasim sees victory crucial

Imad Wasim, captain Karachi Kings termed the match with Lahore Qalandars (to be played on March 12 at National Stadium Karachi (NSK)) important to seal their place in top fours.
Published 12 Mar, 2020 12:00am
Peshawar leads with 33 gold medals in KP U-21 Games
Other

Peshawar leads with 33 gold medals in KP U-21 Games

Leading the medal tally Peshawar's gold hunt continued on the third day when it bagged 33 gold medal, 21 silver medals and eight bronze medals by securing 682 points, Bannu with eight gold medal, 17 silver and 9 bronze medals and Mardan with seven gold me
Published 12 Mar, 2020 12:00am
Bangladesh thrash Zimbabwe to win T20 series
Cricket

Bangladesh thrash Zimbabwe to win T20 series

Opener Liton Das maintained his superb form as Bangladesh thrashed Zimbabwe by nine wickets in the second Twenty20 international to clinch the two-match series 2-0 in Dhaka on Wednesday.
Published 12 Mar, 2020 12:00am
Sterling rises from one-week lows
Money & Banking

Sterling rises from one-week lows

Sterling clung to most of its earlier gains on Wednesday after the British government unveiled a 30 billion pound ($39 billion) economic stimulus plan, hours after the Bank of England slashed interest rates to lift the struggling economy.
Published 12 Mar, 2020 12:00am
Asian forex: Units trade in a thin range, rupiah falls
Money & Banking

Asian forex: Units trade in a thin range, rupiah falls

Indonesia's rupiah fell on Wednesday after the country reported its first coronavirus-related death, while other Asian currencies traded in a thin range due to the uncertainty over proposed government measures to limit the economic impact of the epidemic.
Published 12 Mar, 2020 12:00am
Turkish lira slides
Money & Banking

Turkish lira slides

The Turkish lira weakened and the main stock index fell on Wednesday on concerns over the country's first confirmed coronavirus case, but shares in some sectors rose as investors expected some companies to benefit.
Published 12 Mar, 2020 12:00am
Dollar climbs against yen, Swiss franc in NY
Money & Banking

Dollar climbs against yen, Swiss franc in NY

The dollar posted sharp gains on Tuesday against the safe-haven Japanese yen and Swiss franc, rebounding from the prior day's huge losses, as investors hoped global monetary policymakers will launch further stimulus plans to ease the economic impact of th
Published 12 Mar, 2020 12:00am
Dollar falls against yen, Swiss franc in Europe
Money & Banking

Dollar falls against yen, Swiss franc in Europe

The US dollar resumed its descent against the Japanese yen and Swiss franc on Wednesday as fears over the spreading coronavirus pushed investors into safe havens, while the British pound recovered after Bank of England unexpectedly cut interest rates.
Published 12 Mar, 2020 12:00am
Pound erases gains, dollar down in Asia
Money & Banking

Pound erases gains, dollar down in Asia

The British pound erased early gains after an unexpected interest rate cut by the Bank of England on Wednesday, while the dollar resumed its descent against the safe-haven Japanese yen and Swiss franc on fears over the spreading coronavirus.
Published 12 Mar, 2020 12:00am
CBOT wheat futures higher after choppy session
Commodities

CBOT wheat futures higher after choppy session

Chicago Board of Trade wheat futures closed higher on Tuesday, rallying in late technical moves following a choppy session, traders said. CBOT May soft red winter wheat settled up 3-1/2 cents at $5.22-1/4 per bushel. K.C. May hard red winter wheat ended u
Published 12 Mar, 2020 12:00am
CBOT corn futures rise
Commodities

CBOT corn futures rise

Chicago Board of Trade corn futures ended higher on Tuesday on bargain-buying after a three-session slide and spillover strength from a rebound in US equity markets and crude oil futures, traders said. Oil and global equity markets recovered after the pri
Published 12 Mar, 2020 12:00am
Lethargic business seen on cotton market
Cotton & Textile

Lethargic business seen on cotton market

Another dull day witnessed on the cotton market on Wednesday due to short supply position, dealers said. The official spot rate maintained overnight levels at Rs 9000, they added. In the ready session, deals could not be confirmed as mills and spinners fa
Published 12 Mar, 2020 12:00am
Activities at Karachi and Port Qasim
Business & Economy

Activities at Karachi and Port Qasim

The Karachi Port handled 114,927 tonnes of cargo comprising 58,084 tonnes of import cargo and 56,843 tonnes of export cargo including 7,542 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday.
Published 12 Mar, 2020 12:00am
US natural gas futures jump on oil price rises
Energy

US natural gas futures jump on oil price rises

US natural gas futures rose more than 6% on Tuesday, following an 8% increase in oil prices, on hopes of economic stimulus and expectations the oil price collapse will prompt US drillers to cut back on oil and gas production in shale basins.
Published 12 Mar, 2020 12:00am
Russian wheat export prices fall to sixth week
Commodities

Russian wheat export prices fall to sixth week

Russian wheat export prices fell for the sixth week running last week, following global benchmarks and a tumbling rouble, which is likely to trigger domestic price growth this week, analysts said on Tuesday. Russian wheat with 12.5% protein content loaded
Published 12 Mar, 2020 12:00am
PMEX daily trading report

PMEX daily trading report

On Tuesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,872. The traded value of metals, energy and COTS/FX was recorded at PKR 5.501 billion and the number of lots traded was 8,933.
Published 12 Mar, 2020 12:00am