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Print - 2020-04-16
State Bank of Pakistan conversion rates
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 16 Apr, 2020 12:00am
Barclays bid rates and maximum rates for payment of interest
Rates

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 16 Apr, 2020 12:00am
Currency notes: exchange rates
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 15, 2020).

Published 16 Apr, 2020 12:00am
Bill buying rates per unit of currency
Rates

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 15, 2020).

Published 16 Apr, 2020 12:00am
BOARD MEETINGS
Stocks

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 16 Apr, 2020 12:00am
Member to Member
Stocks

Member to Member

The following transactions member to member subsequently reported on Wednesday (April 15, 2020).

Published 16 Apr, 2020 12:00am
Shipping Intelligence
Schedules

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (April 15, 2020).

Published 16 Apr, 2020 12:00am
Pakistan Mercantile Exchange - PMEX
Rates

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (April 15, 2020).

Published 16 Apr, 2020 12:00am
Cotton Spot Rates
Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (April 15, 2020).

Published 16 Apr, 2020 12:00am
Bullion Rates
Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Wednesday (April 15, 2020).

Published 16 Apr, 2020 12:00am
The Weather

The Weather

The weather report on Wednesday (April 15, 2020) and the forecast for Thursday (April 16, 2020).

Published 16 Apr, 2020 12:00am
US MIDDAY: Gold down
Commodities

US MIDDAY: Gold down

Gold prices fell on Wednesday, a day after scaling over seven-year highs, as the dollar firmed and investors booked profits, although concerns of a global recession put a floor under prices.
Published 16 Apr, 2020 12:00am
Gold dips in Europe
Commodities

Gold dips in Europe

Gold prices fell on Wednesday, a day after scaling over seven-year highs, as the dollar firmed and investors booked profits, although concerns of a global recession put a floor under prices.
Published 16 Apr, 2020 12:00am
Malaysian palm oil up
Commodities

Malaysian palm oil up

Malaysian palm oil futures ended higher on Wednesday, in line with gains in Dalian oil prices, although weaker crude prices and falling exports due to coronavirus-led lockdowns capped gains.
Published 16 Apr, 2020 12:00am
Raw sugar hits 1-1/2 year low
Commodities

Raw sugar hits 1-1/2 year low

Raw sugar hit 1-1/2 year lows below 10 cents per lb on Wednesday as the impact of coronavirus-related lockdowns again hammered oil prices and tempted Brazilian cane mills to increase sugar output at the expense of the biofuel ethanol.
Published 16 Apr, 2020 12:00am
Oil mixed after record 19m-barrel US crude storage build
Energy

Oil mixed after record 19m-barrel US crude storage build

Oil prices were mixed on Wednesday after the United States reported a 19 million-barrel jump in inventories, the biggest weekly build ever, while forecasts showed global demand crumbling to its lowest levels in a quarter-century due to the coronavirus pan
Published 16 Apr, 2020 12:00am
Copper falls on recession fear
Commodities

Copper falls on recession fear

Copper fell on Wednesday as moves by China's central bank to bolster the economy were overshadowed by predictions of a deep global recession, which drove down stock markets and oil prices.
Published 16 Apr, 2020 12:00am
Cotton slips
Cotton & Textile

Cotton slips

ICE cotton futures eased on Wednesday on the back of weaker equities as dismal US economic data exacerbated fears of the coronavirus-driven economic toll.
Published 16 Apr, 2020 12:00am
Dollar rebounds in Europe
Money & Banking

Dollar rebounds in Europe

The dollar rebounded on Wednesday amid growing concerns that the damage to the global economy from the coronavirus pandemic will be long and protracted, boosting the safe-haven appeal of the greenback.
Published 16 Apr, 2020 12:00am
Sterling falls off monthly highs
Money & Banking

Sterling falls off monthly highs

The pound fell back on Wednesday from one-month highs against the dollar and euro as investors realised it was too early to be optimistic about a recovery from the coronavirus crisis.
Published 16 Apr, 2020 12:00am
Asian forex: Rupiah strengthens
Money & Banking

Asian forex: Rupiah strengthens

The Indonesian rupiah strengthened on Wednesday, a day after the country's central bank held interest rates steady and unveiled measures to ease the liquidity crunch stemming from the coronavirus-induced economic stress.
Published 16 Apr, 2020 12:00am
UK midcaps drop
Stocks

UK midcaps drop

Signs of a longer lockdown in Britain knocked 4% off UK's midcap shares on Wednesday, while plunging oil prices hit the commodity-heavy FTSE 100 index. The FTSE Mid 250 index, comprising companies more exposed to the British economy, posted sharper losses
Published 16 Apr, 2020 12:00am
Southeast Asian stocks mixed
Stocks

Southeast Asian stocks mixed

Southeast Asian stocks ended mixed on Wednesday, with losses led by Indonesia and Thailand, as warnings of a global recession and a sharp decline in oil prices offset a key interest rate cut by the Chinese central bank.
Published 16 Apr, 2020 12:00am
Wall Street jumps
Stocks

Wall Street jumps

US stocks jumped on Tuesday as optimism that the Trump administration could move to ease lockdowns from the coronavirus outbreak overshadowed worrying earnings reports from JPMorgan and Wells Fargo.
Published 16 Apr, 2020 12:00am
Wednesday's early trade: Stocks slide on gloomy data
Stocks

Wednesday's early trade: Stocks slide on gloomy data

The S&P 500 recoiled on Wednesday from a four-week high, as dire forecasts for the worst economic downturn since the Great Depression were strengthened by a crash in business activity and dismal first-quarter earnings reports.
Published 16 Apr, 2020 12:00am
China stocks down
Stocks

China stocks down

China shares closed lower on Wednesday, as investor worries over an expected sharp drop in the country's first-quarter economic growth offset a brief boost from a widely expected cut to medium-term lending rates.
Published 16 Apr, 2020 12:00am
European shares halt five-day rally
Stocks

European shares halt five-day rally

European shares closed firmly in the red on Wednesday, ending a five-day rally as the first batch of earnings reports underlined the business damage from the coronavirus pandemic, while energy stocks sank on worries of a plunge in oil demand.
Published 16 Apr, 2020 12:00am
Nikkei slips
Stocks

Nikkei slips

Japan's benchmark Nikkei index ended lower on Wednesday, after touching a month-high in the previous session, due to a selloff in value stocks that took a hit from worries over a looming recession. Investors still favoured defensive shares such as healthc
Published 16 Apr, 2020 12:00am
Bourses in Mideast drop
Stocks

Bourses in Mideast drop

Shares in the Middle East ended in the red on Wednesday following warnings of the worst global recession since the 1930s, underlining the economic damage done by the coronavirus outbreak.
Published 16 Apr, 2020 12:00am
US natural gas futures fall on cooler weather
Energy

US natural gas futures fall on cooler weather

US natural gas futures fell over 4% on Tuesday as the market focused more on projections that steps to slow the coronavirus spread will cut future demand rather than short-term forecasts for cooler weather and higher heating use over the next two weeks.
Published 16 Apr, 2020 12:00am
Listless activity seen on cotton market
Cotton & Textile

Listless activity seen on cotton market

No major activity was witnessed on the cotton market as the government has extended the lock down for another two weeks. Textile sector has appealed the Prime Minister Imran Khan to extend the last date of the payment of gas bills. They were of the view t
Published 16 Apr, 2020 12:00am
Activities of Karachi Port and Port Qasim
Business & Economy

Activities of Karachi Port and Port Qasim

The Karachi Port handled 70,346 tonnes of cargo comprising 48,777 tonnes of import cargo and 21,569 tonnes of export cargo including 3,469 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday.
Published 16 Apr, 2020 12:00am
CBOT corn futures sink amid coronavirus crisis
Commodities

CBOT corn futures sink amid coronavirus crisis

US corn futures fell for a second straight session on Tuesday on demand worries as coronavirus restrictions limit travel and ethanol fuel use, and as weak livestock prices stoke fears of herd contraction, traders said.
Published 16 Apr, 2020 12:00am
McEnany takes over as White House press secretary

McEnany takes over as White House press secretary

Kayleigh McEnany, a former Fox News figure who is fiercely loyal to President Donald Trump, took over Wednesday as his new press secretary, entering the high-profile job at a time of turmoil in White House relations with the press.
Published 16 Apr, 2020 12:00am
China denies criticising France's virus response

China denies criticising France's virus response

China on Tuesday denied criticising France's response to the coronavirus pandemic, saying there had been "misunderstandings" after French officials summoned the Chinese ambassador in Paris.
Published 16 Apr, 2020 12:00am
India allows rural poor to work

India allows rural poor to work

Millions of people in rural India will be allowed back to work next week despite a nationwide coronavirus lockdown, the government said Wednesday, as it conceded the hardships of shutting its vital farming economy were too great.
Published 16 Apr, 2020 12:00am
New Zealand PM takes pay cut as virus hits economy
Global Business Economy

New Zealand PM takes pay cut as virus hits economy

New Zealand Prime Minister Jacinda Ardern announced Wednesday she will take a 20 percent pay cut in a symbolic act of solidarity with people struggling financially during the coronavirus pandemic.
Published 16 Apr, 2020 12:00am
Virus sends Germany into recession
Global Business Economy

Virus sends Germany into recession

Germany in March plunged into a recession set to last until the middle of the year, the economy ministry said Wednesday, as the government readied an extension of the virus-fighting curbs that sparked the slump until May 3.
Published 16 Apr, 2020 12:00am
US retail sales, factory output sink
Global Business Economy

US retail sales, factory output sink

US retail sales suffered a record drop in March and output at factories declined by the most since 1946, buttressing analysts' views that the economy contracted in the first quarter at its sharpest pace in decades as extraordinary measures to control the
Published 16 Apr, 2020 12:00am
US banking giants report gloomy earnings
Money & Banking

US banking giants report gloomy earnings

Turmoil in financial markets created some profitable opportunities for large banks in the first quarter, but results released Wednesday underscored the industry's expectations for a potentially deep US recession.
Published 16 Apr, 2020 12:00am
Wheat harvest season: 2020
Brief Recordings

Wheat harvest season: 2020

Wheat harvest operations are in full swing across the country. Back in Oct-19, the Federal Committee on Agriculture set highest ever wheat production target of 27 million tons on an area of 9.2 million hectares for the then upcoming rabi crop season.
Updated 16 Apr, 2020 04:45am
Hand-washing, safe-drinking points set up in Hyderabad

Hand-washing, safe-drinking points set up in Hyderabad

To combat risk of the spread of Covid-19 from the crowds, Research and Development Foundation (RDF) in collaboration with district administration, has installed hand-washing and safe-drinking facilities at 20 different locations in Hyderabad, under NCA Pa
Published 16 Apr, 2020 12:00am
Punjab extends lockdown till 25th, opens low-risk sectors

Punjab extends lockdown till 25th, opens low-risk sectors

The Punjab government has extended lockdown in the province till 12am of 25th April and decided to immediately open low-risk sectors by ensuring implementation of SOPs to prevent corona virus the notification in this regard has been issued.
Published 16 Apr, 2020 12:00am
CM announces to enhance testing capacity to 10,000 daily

CM announces to enhance testing capacity to 10,000 daily

While there is no let up in the corona positive cases in the province, Punjab Chief Minister Sardar Usman Buzdar on Wednesday announced to increase the testing capacity of coronavirus in the province by 10,000 soon.
Published 16 Apr, 2020 12:00am
Passport may be extended manually for a year

Passport may be extended manually for a year

The Ministry of Interior on Wednesday said that the passport may be extended manually for a further period of one year on realisation of proportionate fee equivalent to Rs1,000 by submitting application on a plain paper along with copies of passport and c
Published 16 Apr, 2020 12:00am
Cut-off date for release of PSDP funds extended
Business & Economy

Cut-off date for release of PSDP funds extended

The Finance Division has extended the cut-off date for the release of Public Sector Development Programme (PSDP) funds as well as surrender of anticipated savings by the ministries and divisions for the current fiscal year in an effort to ensure maximum s
Published 16 Apr, 2020 12:00am