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Print - 2020-03-21
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 21 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 21 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 Friday (March 20, 2020).

Published 21 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 Friday (March 20, 2020).

Published 21 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 Friday (March 20, 2020).

Published 21 Mar, 2020 12:00am
BOARD MEETINGS
Stocks

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 21 Mar, 2020 12:00am
Member to Member
Stocks

Member to Member

The following transactions member to member subsequently reported on Friday (March 20, 2020).

Published 21 Mar, 2020 12:00am
Shipping Intelligence
Schedules

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Friday (March 20, 2020).

Published 21 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 Friday (March 20, 2020).

Published 21 Mar, 2020 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Friday (March 20, 2020)

Published 21 Mar, 2020 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Friday (March 20, 2020).

Published 21 Mar, 2020 12:00am
LME official prices

LME official prices

The following were Thursday official prices.

Published 21 Mar, 2020 12:00am
The Weather

The Weather

The weather report on Friday (March 20, 2020) and the forecast for Saturday (March 21, 2020).

Published 21 Mar, 2020 12:00am
Cotton futures hit lowest level in over a decade
Cotton & Textile

Cotton futures hit lowest level in over a decade

ICE cotton futures hit their lowest level in more than a decade on Friday, as slowing business activities across the globe due to the coronavirus pandemic heightened fears of sluggish demand for the natural fiber.
Published 21 Mar, 2020 12:00am
US MIDDAY: Gold rises
Commodities

US MIDDAY: Gold rises

Gold rebounded on Friday, rising as much as 3.1%, as a wave of fiscal and monetary stimulus by global central banks to counter the economic impact from coronavirus spread halted investors lure for cash.
Published 21 Mar, 2020 12:00am
Gold rebounds in Europe
Commodities

Gold rebounds in Europe

Gold rebounded on Friday, rising as much as 3.1%, as a wave of fiscal and monetary stimulus by global central banks to counter the economic impact from coronavirus spread halted investors lure for cash. Spot gold was up 1.7% at $1,495.37 per ounce at 11:0
Published 21 Mar, 2020 12:00am
Raw sugar soars
Commodities

Raw sugar soars

Raw sugar futures on ICE jumped by about 5% on Friday as financial markets rebounded after central banks and governments poured unprecedented aid into the global economy in an effort to halt a coronavirus-driven recession.
Published 21 Mar, 2020 12:00am
Malaysian palm oil up three percent
Commodities

Malaysian palm oil up three percent

Malaysian palm oil futures jumped 3% on Friday, tracking a rally in crude oil and global markets, despite a sharp fall in March exports. The benchmark palm oil contract for June delivery on the Bursa Malaysia Derivatives Exchange closed up 68 ringgit, or
Published 21 Mar, 2020 12:00am
Oil selloff resumes; set for steepest weekly fall since 2008
Energy

Oil selloff resumes; set for steepest weekly fall since 2008

US crude fell on Friday and was on track for its biggest weekly decline since 2008 as global demand dried up due to the coronavirus and as Washington scrambled to respond, with officials saying an envoy would head to Saudi Arabia to deal with fallout of a
Published 21 Mar, 2020 12:00am
Fire hits Venezuela crude pumping station, affecting 37,000 bpd
Energy

Fire hits Venezuela crude pumping station, affecting 37,000 bpd

A fire hit a crude pumping station in northeastern Venezuela early on Friday, knocking some 37,000 barrels per day of oil production offline, according to two people with knowledge of the incident and a document seen by Reuters.
Published 21 Mar, 2020 12:00am
New York cotton
Cotton & Textile

New York cotton

The following were the fluctuations observed during the day:

Published 21 Mar, 2020 12:00am
US natural gas rises on jump in oil prices
Energy

US natural gas rises on jump in oil prices

US natural gas futures rose on Thursday with a 23% jump in oil prices and a slightly bigger than expected weekly storage draw after three days of losses drove gas to its lowest in 24 years. Traders noted the increase came despite forecasts for demand over
Published 21 Mar, 2020 12:00am
Cotton spot rate unchanged on lacklustre business
Cotton & Textile

Cotton spot rate unchanged on lacklustre business

Official spot rate was unchanged on the local market on Friday in the process of cautious trading session, dealers said. The official spot rate managed to sustain overnight level at Rs 8800, they added. According to the market sources, under the circumsta
Published 21 Mar, 2020 12:00am
Activities at Karachi and Port Qasim
Business & Economy

Activities at Karachi and Port Qasim

The Karachi Port handled 106,378 tonnes of cargo comprising 89,941 tonnes of import cargo and 16,437 tonnes of export cargo including 4,700 loaded and empty containers during the last 24 hours ending at 0700 hours on Friday.
Published 21 Mar, 2020 12:00am
Asia's gasoline sinks to deepest discount since late 2011
Energy

Asia's gasoline sinks to deepest discount since late 2011

Asia's gasoline crack extended losses on Thursday, widening its rare discount to crude to its steepest since November 2011 amid higher crude oil prices and concerns over collapsing demand for refined fuels as the coronavirus pandemic continues to weigh on
Published 21 Mar, 2020 12:00am
South Korea buys about 69,000 tonnes of corn
Commodities

South Korea buys about 69,000 tonnes of corn

South Korea's Major Feedmill Group (MFG) purchased about 69,000 tonnes of corn to be sourced from optional origins in an international tender which closed on Wednesday, European traders said. The corn was bought at $192.99 a tonne on a cost and freight (c
Published 21 Mar, 2020 12:00am
PMEX daily trading report

PMEX daily trading report

On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,354. The traded value of metals, energy and COTS/FX was recorded at PKR 10.652 billion and the number of lots traded was 14,661.
Published 21 Mar, 2020 12:00am
CBOT wheat futures rise on rising demand
Commodities

CBOT wheat futures rise on rising demand

CBOT wheat futures rose on Thursday on expectations of rising demand for pasta and other products that home-bound consumers were likely to eat as the world weathers the coronavirus pandemic, traders said. There also was talk of Chinese purchasers asking q
Published 21 Mar, 2020 12:00am
CBOT corn futures jump
Commodities

CBOT corn futures jump

Chicago Board of Trade corn futures jumped 2.9% on Thursday, snapping a streak of three straight losing sessions. Traders noted a round of bargain buying after the most-active contract hit its lowest on a continuous basis since September 2016 on Wednesday
Published 21 Mar, 2020 12:00am
New corporate law: Winding up of NBFCs required NOC from SECP
Stocks

New corporate law: Winding up of NBFCs required NOC from SECP

A new corporate law would bar courts from entertaining applications for winding up of Non-Banking Finance Companies (NBFCs) unless such application is accompanied by a certificate in writing from the Securities and Exchange Commission of Pakistan (SECP) c
Published 21 Mar, 2020 12:00am
Sindh minister lauds people's cooperation with government

Sindh minister lauds people's cooperation with government

Sindh Minister for Information, Local Government, Housing & Town Planning, Religious Affairs, Forest and Wildlife Syed Nasir Hussain Shah on Friday thanked people from all walks of life for cooperating with the Sindh government in this difficult time.
Published 21 Mar, 2020 12:00am
'Corona Telemedicine Helpline Centre' being set up: governor

'Corona Telemedicine Helpline Centre' being set up: governor

Announcing the setting up of 'Corona Telemedicine Helpline Centre' in all public and private medical universities and colleges in the province, Punjab Governor Chaudhry Mohammad Sarwar said on Friday that 'now is time to get united against corona.'
Published 21 Mar, 2020 12:00am
Sindh reports first COVID-19 death

Sindh reports first COVID-19 death

The first coronavirus-related death in Sindh was reported by the provincial health officials on Friday as the number of cases in Pakistan continues to climb.
Published 21 Mar, 2020 12:00am
Steps against COVID-19: LHC seeks report from Punjab government

Steps against COVID-19: LHC seeks report from Punjab government

A Lahore High Court full bench on Friday sought a detailed report from the Punjab government by March 24 about measures being taken to combat coronavirus spread and facilities being provided to patients when secretary primary healthcare admitted that the
Published 21 Mar, 2020 12:00am
Anti-smog measures discussed at S&GAD

Anti-smog measures discussed at S&GAD

Punjab Environment Minister Muhammad Rizwan on Friday chaired a high-level meeting of cabinet sub-committee on smog for implementations of anti-smog measures at S&GAD's committee room of civil secretariat.
Published 21 Mar, 2020 12:00am
UK shares end higher, but log another week of loss
Stocks

UK shares end higher, but log another week of loss

UK shares managed to end a tumultuous week in positive territory on Friday, as investors pinned hopes on more stimulus actions as the coronavirus pandemic continued to wreak havoc on global growth.
Published 21 Mar, 2020 12:00am
Most SE Asian markets rally as volatile week ends
Stocks

Most SE Asian markets rally as volatile week ends

Most Southeast Asian stock markets rallied on Friday, wrapping up a volatile week that saw heavy selling and sharp rebounds, as broad stimulus measures to mitigate the coronavirus pandemic's impact calmed investors' nerves.
Published 21 Mar, 2020 12:00am
Indian shares up, but suffer worst week since 2008
Stocks

Indian shares up, but suffer worst week since 2008

Indian shares rebounded strongly to finish 6% higher on Friday, driven by gains in IT and financial stocks, as policymakers across the world launched fresh efforts to stem the economic fallout of the coronavirus pandemic.
Published 21 Mar, 2020 12:00am
European shares crawl into second day of gains
Stocks

European shares crawl into second day of gains

European shares ended higher for a second straight day on Friday but pared most of the session's gains as fears over the economic shock from the coronavirus quashed initial optimism.
Published 21 Mar, 2020 12:00am
China's blue-chip index posts worst week in 17 months
Stocks

China's blue-chip index posts worst week in 17 months

China stocks rose on Friday, tracking a rebound in other Asian markets, though the country's blue-chip index still posted its steepest weekly loss in 17 months on persisting worries over the economic damage from the coronavirus outbreak.
Published 21 Mar, 2020 12:00am
Australian shares mark worst week since 2008
Stocks

Australian shares mark worst week since 2008

Australia's benchmark stock index marked its worst week since the 2008 global financial crisis, but settled higher on Friday as hopes of a second round of government stimulus offered a measure of relief to markets pummelled by coronavirus fears.
Published 21 Mar, 2020 12:00am
Treasury yields largely down
Stocks

Treasury yields largely down

US Treasury yields largely fell in volatile trading on Thursday as investors hurried to minimize risk in the face of the coronavirus pandemic, and the Fed poured liquidity into the financial system.
Published 21 Mar, 2020 12:00am
Wall Street ends higher to stem coronavirus selloff
Stocks

Wall Street ends higher to stem coronavirus selloff

US stocks managed to post gains on Thursday after recent steep losses as policymakers around the world took further emergency actions to try to help financial markets cope with deep coronavirus-driven economic damage.
Published 21 Mar, 2020 12:00am
US home sales race to 13-year high
Global Business Economy

US home sales race to 13-year high

US home sales surged to a 13-year high in February, but the housing market recovery is likely to be derailed by the coronavirus pandemic, which has unleashed a wave of layoffs and left the economy teetering on the brink of a recession.
Published 21 Mar, 2020 12:00am
Saudi Arabia announces emergency stimulus, expects wider deficit

Saudi Arabia announces emergency stimulus, expects wider deficit

Saudi Arabia announced emergency stimulus measures on Friday that took its support for the economy to more than $32 billion as it tackles the coronavirus outbreak and lower oil prices, and said it is looking to borrow more to finance a widening deficit.
Published 21 Mar, 2020 12:00am
AirAsia's Fernandes returns as boss after Airbus probe
Global Business Economy

AirAsia's Fernandes returns as boss after Airbus probe

AirAsia boss Tony Fernandes has returned to his post after being cleared by an independent probe, the Malaysian carrier said Friday, weeks after stepping aside amid a $4 billion Airbus graft scandal.
Published 21 Mar, 2020 12:00am