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Print - 2020-04-07
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 07 Apr, 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 07 Apr, 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 Monday (April 6, 2020).

Published 07 Apr, 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 Monday (April 6, 2020).

Published 07 Apr, 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 Monday (April 6, 2020).

Published 07 Apr, 2020 12:00am
BOARD MEETINGS
Stocks

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 07 Apr, 2020 12:00am
Member to Member
Stocks

Member to Member

The following transactions member to member subsequently reported on Monday (April 6, 2020).

Published 07 Apr, 2020 12:00am
THE RUPEE: $ makes gains
Money & Banking

THE RUPEE: $ makes gains

The rupee tended lower against the dollar on both the inter-bank market and open currency market on Monday in the process of trading activity, dealers said.
Published 07 Apr, 2020 12:00am
Shipping Intelligence
Schedules

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (April 6, 2020).

Published 07 Apr, 2020 12:00am
Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Monday (April 6, 2020).

Published 07 Apr, 2020 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Monday (April 6, 2020)

Published 07 Apr, 2020 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Monday (April 6, 2020).

Published 07 Apr, 2020 12:00am
LME official prices

LME official prices

The following were Friday official prices.

Published 07 Apr, 2020 12:00am
The Weather

The Weather

The weather report on Monday (April 6, 2020) and the forecast for Tuesday (April 7, 2020).

Published 07 Apr, 2020 12:00am
US MIDDAY: Gold climbs
Commodities

US MIDDAY: Gold climbs

Gold prices surged over 2% to a more than three-week high on Monday on expectations of global stimulus measures to counter the economic damage caused by the outbreak of the novel coronavirus.
Published 07 Apr, 2020 12:00am
US MIDDAY: Corn at 3-1/2-year low
Commodities

US MIDDAY: Corn at 3-1/2-year low

Chicago corn futures slid for a seventh consecutive session on Monday, to their lowest since 2016, sapped by massive US planting prospects and renewed weakness in crude oil that underscored crumbling demand for corn-based ethanol.
Published 07 Apr, 2020 12:00am
Brazil soya crop revised lower on drought
Commodities

Brazil soya crop revised lower on drought

Brazilian agribusiness consultancy AgRural on Monday revised down the country's 2019/2020 soyabean crop, according to a statement, as a drought hit the south of the world's largest exporter of the oilseed.
Published 07 Apr, 2020 12:00am
Gold jumps over 2 percent in European trade
Commodities

Gold jumps over 2 percent in European trade

Gold prices surged over 2% to a more than three-week high on Monday on expectations of global stimulus measures to counter the economic damage caused by the outbreak of the novel coronavirus.
Published 07 Apr, 2020 12:00am
Gold moves higher in Asia
Commodities

Gold moves higher in Asia

Gold rose to a one-week high on Monday as demand for the safe-haven metal rose due to worries over the worsening economic impact from the coronavirus pandemic.
Published 07 Apr, 2020 12:00am
Raw sugar, cocoa prices surge
Commodities

Raw sugar, cocoa prices surge

Raw sugar futures on ICE climbed on Monday, extending the previous session's rise as equities rallied on a slowdown in coronavirus-related deaths and new cases but gains were capped by concerns that Brazil will boost sugar output.
Published 07 Apr, 2020 12:00am
Malaysian palm oil moves higher
Commodities

Malaysian palm oil moves higher

Malaysian palm oil futures ended higher on Monday, snapping a four-day losing streak, as cargo surveyor data showed better-than-expected exports for the first five days of this month.
Published 07 Apr, 2020 12:00am
Tokyo rubber futures surge
Commodities

Tokyo rubber futures surge

Tokyo Commodity Exchange (TOCOM) futures rose to about 1-week high on Monday as investors were encouraged by a slowdown in coronavirus deaths and news cases in US hot spots, though fears of dwindling global demand capped gains.
Published 07 Apr, 2020 12:00am
Sterling steadies against dollar
Money & Banking

Sterling steadies against dollar

Sterling steadied against the dollar on Monday, recovering from a slight dip overnight on expectations that British Prime Minister Boris Johnson will "shortly" be back at work after being taken to hospital with persistent coronavirus symptoms.
Published 07 Apr, 2020 12:00am
Aussie, kiwi inch up
Money & Banking

Aussie, kiwi inch up

The Australian and New Zealand dollars inched ahead on Monday as investors found cheer in slowing death rates in some of the countries worst hit by the coronavirus, lifting share markets across Asia.
Published 07 Apr, 2020 12:00am
Most Asian currencies weaken
Money & Banking

Most Asian currencies weaken

Most Asian currencies pulled back on Monday as the rise of coronavirus cases in the region added to fears of a prolonged economic crisis as governments struggle to contain the disease.
Published 07 Apr, 2020 12:00am
Dollar rises against yen in Europe
Money & Banking

Dollar rises against yen in Europe

The US dollar stalled against most currencies on Monday but continued its rise versus the Japanese yen as the rate of deaths from coronavirus in Europe slowed while deaths in Japan and elsewhere in Asia accelerated.
Published 07 Apr, 2020 12:00am
Southeast Asian stocks climb
Stocks

Southeast Asian stocks climb

Southeast Asian stock markets tracked broader equities to end higher on Monday as investors were encouraged by a global slowdown in coronavirus cases and deaths as well as regional government stimuli.
Published 07 Apr, 2020 12:00am
Australian shares 4 percent up
Stocks

Australian shares 4 percent up

Energy and healthcare sectors aided Australian shares to settle 4% firmer on Monday, as coronavirus infections in key countries appeared to slow down, lifting investor appetite for risky bets.
Published 07 Apr, 2020 12:00am
Monday's early trade: S&P set to recoup $1 trillion in value
Stocks

Monday's early trade: S&P set to recoup $1 trillion in value

The S&P 500 was on track to recoup about $1 trillion in market value in a frantic rally on Monday after New York, the biggest US coronavirus hot spot, reported a fall in daily deaths, raising hopes that the pandemic could level-off soon.
Published 07 Apr, 2020 12:00am
UK shares surge
Stocks

UK shares surge

UK shares surged on Monday, led by battered travel stocks, insurers and housebuilders, as investors welcomed signs of slowing increases in coronavirus-related deaths in the worst-affected parts of western Europe.
Published 07 Apr, 2020 12:00am
European shares jump
Stocks

European shares jump

German shares jumped 5.8% on Monday to lead a strong bounce in European shares as a slowdown in coronavirus deaths raised hopes that nationwide lockdowns may gradually be eased.
Published 07 Apr, 2020 12:00am
Nikkei up over 4 percent
Stocks

Nikkei up over 4 percent

Tokyo's key Nikkei index closed more than four percent higher on Monday as investors reacted positively to reports suggesting a slowing daily death toll from coronavirus in Europe.
Published 07 Apr, 2020 12:00am
Most Middle Eastern stocks gain
Stocks

Most Middle Eastern stocks gain

Most Middle Eastern stocks ended higher on Monday, reflecting positive global market sentiment cheered by a slowdown in coronavirus-related deaths and new cases. Saudi Arabia's benchmark index gained 1.6%, with Al Rajhi Bank rising 1.3% and oil giant Saud
Published 07 Apr, 2020 12:00am
Gold demand soars in major Asian hubs
Commodities

Gold demand soars in major Asian hubs

Physical bullion markets in major Asian hubs saw a sharp divide this week with some regions seeing a surge in demand, while others grappled with strained supply and muted activity amid global lockdowns due to the coronavirus.
Published 07 Apr, 2020 12:00am
CBOT soyabean futures fall to 2-week low
Commodities

CBOT soyabean futures fall to 2-week low

Chicago Board of Trade soyabean futures fell to a two-week low on Friday, posting the first weekly drop in three weeks as the coronavirus pandemic has disrupted global supplies and stoked concerns about weakening demand, traders said.
Published 07 Apr, 2020 12:00am
Cotton market: Ginners hope for more concessions
Cotton & Textile

Cotton market: Ginners hope for more concessions

In the absence of normal physical activity on the cotton market these days, the ginners were hoping for more effective measures and concessions for better production in near future, some dealers said on Monday.
Published 07 Apr, 2020 12:00am
Activities of Karachi Port and Port Qasim
Business & Economy

Activities of Karachi Port and Port Qasim

The Karachi Port handled 216,239 tonnes of cargo comprising 59,168 tonnes of import cargo and 157,071 tonnes of export cargo including 2,549 loaded and empty containers during the last 48 hours ending at 0700 hours on Monday.
Published 07 Apr, 2020 12:00am
Freight rates in Asia at highest since 2008
Commodities

Freight rates in Asia at highest since 2008

Freight rates for smaller long-range (LR) vessels to move naphtha and other clean oil products from the Middle East to Japan have hit near 12-year highs, Refinitiv data showed, driven by a demand surge for floating storage to combat oversupply.
Published 07 Apr, 2020 12:00am
Euronext wheat steady after two-week low
Commodities

Euronext wheat steady after two-week low

Euronext wheat edged higher on Friday, steadying after a near two-week low a day earlier in line with a rebound in Chicago, while traders awaited the outcome of a latest import tender by Algeria.
Published 07 Apr, 2020 12:00am
Thai rice export prices soar to seven years high
Commodities

Thai rice export prices soar to seven years high

Thai rice export prices soared to their highest in seven years this week on expectations of a sales boost after top exporter India went into a lockdown to curb the spread of the coronavirus and main rival Vietnam temporarily banned new export contracts.
Published 07 Apr, 2020 12:00am
PMEX daily trading report
Commodities

PMEX daily trading report

On Friday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,718. The traded value of metals, energy and COTS/FX was recorded at PKR 6.385 billion and the number of lots traded was 20,536.
Published 07 Apr, 2020 12:00am
March 2020 among hottest on record: EU

March 2020 among hottest on record: EU

Temperatures last month were among the hottest on record for March, the European Union's satellite monitoring service said Monday, with particularly extreme warm weather over Russia, home to much of Earth's permafrost.
Published 07 Apr, 2020 12:00am
Canadian actress and activist Shirley Douglas dies

Canadian actress and activist Shirley Douglas dies

Canadian actress and civil rights activist Shirley Douglas died Sunday at the age of 86, her son actor Kiefer Sutherland said. Douglas died following a bout of pneumonia, Sutherland wrote on Twitter, specifying that it was not related to the novel coronav
Published 07 Apr, 2020 12:00am
Brazil minister offends China with 'racist' virus tweet

Brazil minister offends China with 'racist' virus tweet

China demanded an explanation from Brazil Monday after the far-right government's education minister linked the coronavirus pandemic to the Asian country's "plan for world domination," in a tweet imitating a Chinese accent.
Published 07 Apr, 2020 12:00am
Mumbai hospital shut after surge in cases among staff

Mumbai hospital shut after surge in cases among staff

A major private hospital in Mumbai was shut to new patients and declared a coronavirus containment zone on Monday after 26 nurses and three doctors tested positive, an official said.
Published 07 Apr, 2020 12:00am
Wisconsin forges ahead with vote despite health concerns

Wisconsin forges ahead with vote despite health concerns

National Guard members will man some polling stations and voters in more than 100 municipalities will have nowhere to cast their ballots as the US state of Wisconsin holds elections on Tuesday despite the coronavirus epidemic.
Published 07 Apr, 2020 12:00am
Monster storm strengthens in Pacific, lashing Vanuatu

Monster storm strengthens in Pacific, lashing Vanuatu

A deadly Pacific cyclone intensified as it hit Vanuatu on Monday, threatening a natural disaster that experts fear will undermine the impoverished nation's battle to remain coronavirus-free.
Published 07 Apr, 2020 12:00am
Eurozone investor morale hits all-time low
Global Business Economy

Eurozone investor morale hits all-time low

Investor morale in the eurozone fell to an all-time low in April and the bloc's economy is in deep recession due to the coronavirus, which is "holding the world economy in a stranglehold", a survey showed on Monday.
Published 07 Apr, 2020 12:00am
Volkswagen loses 'damning' dieselgate UK class lawsuit
Global Business Economy

Volkswagen loses 'damning' dieselgate UK class lawsuit

German car giant Volkswagen faces the threat of a hefty "dieselgate" payout in Britain after a court Monday ruled in favour of more than 90,000 VW drivers whose vehicles cheated emissions tests.
Published 07 Apr, 2020 12:00am
Apple to ship 1 million face shields a week
IT & Computers

Apple to ship 1 million face shields a week

Apple has said it will soon be producing one million face shields a week for medical workers battling the coronavirus pandemic. The tech giant had already sourced 20 million surgical masks from around the world to help address a global shortage, chief exe
Published 07 Apr, 2020 12:00am
Early signs of China recovery: IMF
Money & Banking

Early signs of China recovery: IMF

The global recession caused by the coronavirus pandemic will be worse than in 2009, but early signs of a recovery are appearing in China, including renewed pollution, IMF economists said Monday.
Published 07 Apr, 2020 12:00am
EU imposes tariffs on glass fibre from China, Egypt over dumping
Global Business Economy

EU imposes tariffs on glass fibre from China, Egypt over dumping

The European Union will impose tariffs of up to 99.7% on glass fibre producers in China and Egypt that it accuses of selling at unfairly low prices, in a closely watched and rare case involving Chinese companies operating abroad.
Published 07 Apr, 2020 12:00am
EU approves UK 50 billion pound scheme for virus-hit firms
Global Business Economy

EU approves UK 50 billion pound scheme for virus-hit firms

The European Union gave the go ahead on Monday to a British scheme to provide a 50-billion-pound (57-billion-euro) "umbrella" to shield private businesses from the coronavirus epidemic.
Published 07 Apr, 2020 12:00am
UK car sales dive 44 percent
Global Business Economy

UK car sales dive 44 percent

New car sales in Britain dived 44 percent last month as the country's lockdown triggered by the coronavirus outbreak shut show rooms, industry data showed Monday. It comes as UK-based research group, the Centre for Economics and Business Research (CEBR),
Published 07 Apr, 2020 12:00am
Iran says European barter system 'good omen' but insufficient
Global Business Economy

Iran says European barter system 'good omen' but insufficient

Iran on Monday welcomed the launch of a European barter system to bypass US sanctions as a "good omen" but said it was insufficient in light of the Europeans' commitments. Britain, France and Germany said last week they had carried out the first transacti
Published 07 Apr, 2020 12:00am
ICI Pakistan Limited
Brief Recordings

ICI Pakistan Limited

ICI Pakistan Limited (PSX: ICI) boasts a long history; its establishment precedes the formation of Pakistan. It has several line of business such as manufacturing of Polyester Stable Fibre (PSF), Soda Ash which is used in the manufacturing of glass, paper
Updated 07 Apr, 2020 05:52am
Secretary Balochistan PA resigns

Secretary Balochistan PA resigns

Sardar Hussain, Secretary Balochistan Provincial Assembly, has tendered his resignation from his post in a letter sent to the Speaker Balochistan Provincial Assembly Mir Abdul Qudoos Bizenjo.
Published 07 Apr, 2020 12:00am
PICT account: SCB client goes digital

PICT account: SCB client goes digital

Standard Chartered Pakistan has collaborated with Pakistan International Container Terminal (PICT), to provide them an efficient virtual accounts solution that has enabled them to continue their collection services in these times of social distancing and
Published 07 Apr, 2020 12:00am
PTAA chief sends SOS to PM for clearance of IT funds
Taxes

PTAA chief sends SOS to PM for clearance of IT funds

Javed Iqbal Qazi, chairman Pakistan Tax Advisors Association, (PTAA) has approached Prime Minister Imran Khan for clearance of unpaid income tax refunds of local manufacturers and businessmen engaged in domestic activities, pending for the last many years
Published 07 Apr, 2020 12:00am
PCMA for exempting chemical industry from Section 144
Business & Economy

PCMA for exempting chemical industry from Section 144

The chemical industry has urged the provincial governments of Punjab and Sindh to exempt chemical manufacturing units from Section-144, otherwise production of over 23 essential items including exportable products of textile, garments and leather industri
Published 07 Apr, 2020 12:00am
PPA fears short supply of poultry products

PPA fears short supply of poultry products

Due to reduced consumption and price crash, broiler farmers have reduced placement of day-old chicks at their farms as a result of which hatcheries had almost stopped setting eggs for chick production.
Published 07 Apr, 2020 12:00am