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Print - 2020-04-09
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 09 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 09 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 Wednesday (April 8, 2020).

Published 09 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 Wednesday (April 8, 2020).

Published 09 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 Wednesday (April 8, 2020).

Published 09 Apr, 2020 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Wednesday (April 8, 2020).

Published 09 Apr, 2020 12:00am
BOARD MEETINGS
Stocks

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 09 Apr, 2020 12:00am
Member to Member
Stocks

Member to Member

The following transactions member to member subsequently reported on Wednesday (April 8, 2020).

Published 09 Apr, 2020 12:00am
Shipping Intelligence
Schedules

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (April 8, 2020).

Published 09 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 Wednesday (April 8, 2020).

Published 09 Apr, 2020 12:00am
Lahore Grain Market Rates

Lahore Grain Market Rates

Grain and other commodity rates in rupees on Akbari Mandi on Wednesday (April 8, 2020)

Published 09 Apr, 2020 12:00am
Cotton Spot Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (April 8, 2020).

Published 09 Apr, 2020 12:00am
LME official prices

LME official prices

The following were Tuesday official prices.

Published 09 Apr, 2020 12:00am
Bullion Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (April 8, 2020).

Published 09 Apr, 2020 12:00am
The Weather

The Weather

The weather report on Wednesday (April 8, 2020) and the forecast for Thursday (April 9, 2020).

Published 09 Apr, 2020 12:00am
US MIDDAY: Gold little changed
Commodities

US MIDDAY: Gold little changed

Gold prices held steady on Wednesday as investors awaited the release of minutes from the US Federal Reserve's policy meeting, which is expected to provide further clues on stimulus measures amid rapid surge in coronavirus cases.
Published 09 Apr, 2020 12:00am
US MIDDAY: Corn futures slump
Commodities

US MIDDAY: Corn futures slump

Chicago corn futures slumped on Wednesday, giving up part of their previous session's gains, as the US government reported the US ethanol industry saw a near-decade low in weekly production amid massive stocks.
Published 09 Apr, 2020 12:00am
Crude prices up on hopes of production cuts
Energy

Crude prices up on hopes of production cuts

Oil prices strengthened ahead of their settlement on Wednesday, buoyed by hopes that OPEC and its allies will strike a production cut agreement, shrugging off bearish signals from surging US crude inventories.
Published 09 Apr, 2020 12:00am
Ukraine grain export jumps to record 47m tonnes
Commodities

Ukraine grain export jumps to record 47m tonnes

Ukraine's grain exports have reached a record 47 million tonnes so far in the 2019/20 season that began last July, up 21% year on year, the Ministry for Development of Economy, Trade and Agriculture said on Wednesday.
Published 09 Apr, 2020 12:00am
Gold prices hold steady in European trade
Commodities

Gold prices hold steady in European trade

Gold prices held steady on Wednesday as investors awaited the release of minutes from the US Federal Reserve's policy meeting, which is expected to provide further clues on stimulus measures amid rapid surge in coronavirus cases.
Published 09 Apr, 2020 12:00am
Gold rises in Asia
Commodities

Gold rises in Asia

Gold prices gained in volatile trade on Wednesday amid weakening appetite for risk as rising deaths dampened hopes for a swift containment of the novel coronavirus.
Published 09 Apr, 2020 12:00am
Gold drops in New York
Commodities

Gold drops in New York

Gold prices fell over 1% on Tuesday, retreating from a near one-month high hit earlier in the session, as signs of slowdown in coronavirus cases in major epicenters boosted equity markets, drawing away some of the bullion's safe-haven appeal.
Published 09 Apr, 2020 12:00am
Malaysian palm oil ends higher
Commodities

Malaysian palm oil ends higher

Malaysian palm oil futures ended higher on Wednesday as supply disruption worries arose after Malaysia upheld its decision to temporarily close plantations and mills to contain the spread of the coronavirus.
Published 09 Apr, 2020 12:00am
Tokyo rubber up, helped by Shanghai rally
Commodities

Tokyo rubber up, helped by Shanghai rally

Tokyo Commodity Exchange (TOCOM) futures rose for a fourth session on Wednesday, hitting a more than 2-week high, supported by a rally in Shanghai futures, although it gave up some gains in late trade.
Published 09 Apr, 2020 12:00am
India shuns Gulf producers, diverts refiners' oil to SPR
Energy

India shuns Gulf producers, diverts refiners' oil to SPR

India will divert 19 million barrels of Gulf oil from state-run firms to strategic petroleum reserves (SPRs) skipping direct purchases from producers to help refiners get rid of extra oil as their storage is full, three sources said.
Published 09 Apr, 2020 12:00am
Aluminium slips to 4-year low, copper falls
Commodities

Aluminium slips to 4-year low, copper falls

Aluminium prices slipped to their lowest level in more than four years on Wednesday as falling demand due to the new coronavirus and expectations of a large surplus this year were reinforced by rising stocks.
Published 09 Apr, 2020 12:00am
Cotton futures climb
Cotton & Textile

Cotton futures climb

ICE cotton futures climbed to a two-week peak on Wednesday as stock markets gained on hopes the novel coronavirus outbreak was close to its peak, while investors await the USDA's monthly supply-demand report and the weekly export sales data.
Published 09 Apr, 2020 12:00am
Christians won't observe Good Friday, Easter

Christians won't observe Good Friday, Easter

The Christian community has announced not to celebrate the forthcoming celebration of Good Friday and Easter amid increasing coronavirus cases across the province.
Published 09 Apr, 2020 12:00am
GCU sets up MentalHealth Helpline for tele-counseling

GCU sets up MentalHealth Helpline for tele-counseling

The Government College University Lahore has established the Tele-counseling Centre for providing free online counseling services to people dealing with anxiety, stress, fear or other psychological issues arising due to the global pandemic of Coronavirus
Published 09 Apr, 2020 12:00am
Coronavirus cases reach 2,108 in Punjab

Coronavirus cases reach 2,108 in Punjab

With 78 new cases reported in Punjab; the total number of coronavirus positive cases in the province has reached to 2,108 including 340 in Lahore.
Published 09 Apr, 2020 12:00am
Ration bags being distributed among Tharis

Ration bags being distributed among Tharis

The process of distributing the ration bags continues on daily basis among the daily wages and poor people of the district Tharparkar as released the funds for Ration bags by the Sindh Government to the Deputy Commissioner Tharparkar this was said by DC T
Published 09 Apr, 2020 12:00am
Opposition has no agenda to deal with Covid-19: CM

Opposition has no agenda to deal with Covid-19: CM

Speaker Punjab Assembly Ch Parvez Elahi has to convene the meeting of the All Parties Parliamentary Committee for preventing spread of coronavirus on Friday (April 10).
Published 09 Apr, 2020 12:00am
APMPEA urges govt to help retrieve stuck payments

APMPEA urges govt to help retrieve stuck payments

The All Pakistan Meat Processors & Exporters Association (APMPEA) has urged the federal government to launch efforts at commercial consulate level abroad to ensure retrieval of payments stuck/defaulted by the importers of Pakistani meat and its products.
Published 09 Apr, 2020 12:00am
Early trade in New York: Dollar drifts higher
Money & Banking

Early trade in New York: Dollar drifts higher

The US dollar edged higher on Wednesday in choppy trading, attracting safe-haven bids, as optimism faded that the coronavirus crisis may be nearing a peak and investor concerns remained over the economic fallout of the pandemic.
Published 09 Apr, 2020 12:00am
Range-bound sterling gains against dollar
Money & Banking

Range-bound sterling gains against dollar

Sterling gained ground against the dollar on Wednesday as the US currency's rally eased a touch, and on news that British Prime Minister Boris Johnson was in "clinically stable" condition after being rushed into intensive care.
Published 09 Apr, 2020 12:00am
Most Asian currencies slip
Money & Banking

Most Asian currencies slip

Most Asian currencies slipped against the dollar on Wednesday, with the Indonesian rupiah leading the pack, as a rising global death toll from the novel coronavirus soured risk sentiment.
Published 09 Apr, 2020 12:00am
European shares inch up
Money & Banking

European shares inch up

European stock markets inched higher to post a third straight day of gains of Wednesday, tracking a rally on Wall Street, but sentiment remained fragile with all eyes on whether euro zone finance ministers will agree an economic rescue package.
Published 09 Apr, 2020 12:00am
SE Asian stocks largely down
Money & Banking

SE Asian stocks largely down

Most Southeast Asian stock markets closed lower on Wednesday as a mounting death toll from the global coronavirus outbreak prompted investors to book profits after sharp gains earlier this week.
Published 09 Apr, 2020 12:00am
Wall Street falls
Stocks

Wall Street falls

Wall Street fell on Tuesday, as a drop in oil prices steepened in the latter stages of the session and erased early gains built on tentative signs that coronavirus outbreaks in some of the biggest US hot spots may be leveling.
Published 09 Apr, 2020 12:00am
Wednesday's early trade: Wall Street climbs
Stocks

Wednesday's early trade: Wall Street climbs

Wall Street rose on Wednesday on hopes the coronavirus outbreak in the United States was close to its peak and expectations that Congress will inject hundreds of billions more in the battered economy.
Published 09 Apr, 2020 12:00am
China shares lower
Stocks

China shares lower

Chinese shares pulled back on Wednesday after a doubling of new coronavirus infections in mainland China highlighted continued risks posed by the pandemic, even as Wuhan, the Chinese city at the heart of the outbreak, ended its lockdown.
Published 09 Apr, 2020 12:00am
FTSE 100 retreats as insurers, Tesco take hit
Stocks

FTSE 100 retreats as insurers, Tesco take hit

Britain's FTSE 100 pulled back on Wednesday, as a rising global death toll crushed hopes that the coronavirus crisis was subsiding, while insurers took a hit over halts in dividend payments and Tesco warned of a surge in costs.
Published 09 Apr, 2020 12:00am
Gulf stocks mixed, Saudi index edges up
Stocks

Gulf stocks mixed, Saudi index edges up

Stock markets in the United Arab Emirates backtracked from two sessions of gains on Wednesday as investors fled risk on coronavirus fears, while Saudi equities edged up ahead of an OPEC+ meeting on output cuts.
Published 09 Apr, 2020 12:00am
US natural gas futures jump to three-week high
Energy

US natural gas futures jump to three-week high

US natural gas futures jumped for a third day in a row to a three-week high on Tuesday on a confirmation of forecasts for cooler weather and higher heating demand next week.
Published 09 Apr, 2020 12:00am
Cotton spot rate remains unchanged
Cotton & Textile

Cotton spot rate remains unchanged

The official spot rate was unchanged as there was no physical activity seen on the cotton market these days due to lockdown to tackle with the coronavirus, some sealers said on phone on Wednesday.
Published 09 Apr, 2020 12:00am
Activities of Karachi Port and Port Qasim
Business & Economy

Activities of Karachi Port and Port Qasim

The Karachi Port handled 112,390 tonnes of cargo comprising 68,840 tonnes of import cargo and 43,550 tonnes of export cargo including 7,592 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday.
Published 09 Apr, 2020 12:00am
CBOT corn futures rise on short covering
Commodities

CBOT corn futures rise on short covering

Chicago corn futures prices gained traction on Tuesday as energy prices firmed earlier in the session, a bit of relief from seven days of consecutive losses that plunged corn prices to 3-1/2 year lows, traders said.
Published 09 Apr, 2020 12:00am
European wheat little changed despite US price falls
Commodities

European wheat little changed despite US price falls

European wheat was little changed on Tuesday as the market weighed up the positive factors of brisk short-term export demand and dry weather in Europe against good US wheat crop conditions which pushed Chicago futures lower.
Published 09 Apr, 2020 12:00am
KE to resume meter-reading, on actual consumption

KE to resume meter-reading, on actual consumption

K-Electric (KE) has decided to resume meter reading in select areas of the city from April 9, 2020. The power utility has taken this step in consultation with the National Electric Power Regulatory Authority (NEPRA) after considering customers' demands an
Published 09 Apr, 2020 12:00am
Administration creating hurdles in running industrial units: PHMA

Administration creating hurdles in running industrial units: PHMA

Some garment industrial units has started production in Lahore and Faisalabad following the government's permission in the lockdown. PHMA welcomed the decision, pledging to take strict precautionary measures directed by the government and health experts d
Published 09 Apr, 2020 12:00am
Guidelines on how to use PPE issued

Guidelines on how to use PPE issued

The federal government has prepared and issued detailed guidelines with the support of National Command and Operation centre (NCOC) and National Institute of Health (NIH) on use of masks and personal protection equipment (PPE) kits to ensure safety of all
Published 09 Apr, 2020 12:00am
Two officials of Ranolia Hydel project suspended
Energy

Two officials of Ranolia Hydel project suspended

Chief Executive Officer (CEO), Pakhtunkhwa Energy Development Organization (PEDO), Engineer Naeem Khan has suspended two senior officials of the 17MW Ranolia Hydel Power Project, Kohistan over the closure of the operation of the power station in violation
Published 09 Apr, 2020 12:00am
LHC issues detailed verdict in Mir Shakil's case

LHC issues detailed verdict in Mir Shakil's case

The Lahore High Court has observed that no immunity from accountability is available to any person particularly when facing a charge of causing loss to the public exchequer and misuse of public power.
Published 09 Apr, 2020 12:00am
PRGMEA for releasing ST refunds

PRGMEA for releasing ST refunds

Shaikh Mohammad Shafiq, chairman (central) of Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA), and Amir Amil Khotawala, chairman (south zone), have appreciated the initiatives of Prime Minister Imran Khan in announcing the rel
Published 09 Apr, 2020 12:00am
EFP hails KE decision

EFP hails KE decision

Employers Federation of Pakistan has been in continued discussion with K-Electric to revisit its notice to bill consumers on average basis citing the difficulties faced by meter readers during the lockdown. The efforts of EFP paid off and KE has agreed to
Published 09 Apr, 2020 12:00am
Minister asks parents to deposit 20 percent less fee

Minister asks parents to deposit 20 percent less fee

Punjab School Education Minister Murad Raas on Wednesday asked parents not to deposit the fees on old vouchers and directed private schools to issue new fees vouchers with 20 percent discount as announced by the Punjab government.
Published 09 Apr, 2020 12:00am
Afghan govt releases 100 Taliban prisoners

Afghan govt releases 100 Taliban prisoners

The Afghan government released 100 low-risk Taliban prisoners Wednesday, officials said, a day after the insurgents announced they were walking out of talks with Kabul.
Published 09 Apr, 2020 12:00am