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Print - 2020-04-17
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 17 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 17 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 Thursday (April 16, 2020).

Published 17 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 Thursday (April 16, 2020).

Published 17 Apr, 2020 12:00am
BOARD MEETINGS
Stocks

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 17 Apr, 2020 12:00am
Member to Member
Stocks

Member to Member

The following transactions member to member subsequently reported on Thursday (April 16, 2020).

Published 17 Apr, 2020 12:00am
Shipping Intelligence
Schedules

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (April 16, 2020).

Published 17 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 Thursday (April 16, 2020).

Published 17 Apr, 2020 12:00am
Cotton Spot Rates
Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (April 16, 2020).

Published 17 Apr, 2020 12:00am
Bullion Rates
Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (April 16, 2020).

Published 17 Apr, 2020 12:00am
The Weather

The Weather

The weather report on Thursday (April 16, 2020) and the forecast for Friday (April 17, 2020).

Published 17 Apr, 2020 12:00am
Gold pares gains in Europe
Commodities

Gold pares gains in Europe

Gold retreated slightly after climbing as much as 1.3% earlier on Thursday, as US jobless claims fell marginally and on hopes virus-led restrictions will ease, though concerns of a global recession kept bullions' appeal intact.
Published 17 Apr, 2020 12:00am
Copper gains
Commodities

Copper gains

Copper prices firmed on Thursday as data from China pointed to signs of gradual recovery from the novel coronavirus, but gains were capped by concerns about global growth and falling metals demand.
Published 17 Apr, 2020 12:00am
Palm oil ends at over six-month low
Commodities

Palm oil ends at over six-month low

Malaysian palm oil futures closed at a more than six-month low on Thursday, hurt by the country's decision to delay its biodiesel mandate, while prospects of higher output and slower exports amid coronavirus-led lockdowns also dented sentiment.
Published 17 Apr, 2020 12:00am
Tokyo rubber falls
Commodities

Tokyo rubber falls

Tokyo Commodity Exchange (TOCOM) futures fell in light trade on Thursday, as more signs of weakening demand for automobiles and fears over a severe global recession weighed on market sentiment. TOCOM's rubber contract for September delivery finished 1.1 y
Published 17 Apr, 2020 12:00am
Raw sugar edges away from recent lows, cocoa up
Commodities

Raw sugar edges away from recent lows, cocoa up

Raw sugar futures on ICE were higher on Thursday after a 1-1/2 year low in the prior session, boosted partly by a rebound in crude oil prices, while cocoa also edged up. May raw sugar was up 0.05 cent, or 0.5%, at 10.21 cents per lb at 1359 GMT. The front
Published 17 Apr, 2020 12:00am
OPEC says oil market undergoing 'historic shock'
Energy

OPEC says oil market undergoing 'historic shock'

The OPEC oil cartel said Thursday that the world market for crude is undergoing an unprecedented jolt due to coronavirus mitigation measures that have decimated demand.
Published 17 Apr, 2020 12:00am
Millions unemployed, homebuilding collapses as virus ravages US economy
Global Business Economy

Millions unemployed, homebuilding collapses as virus ravages US economy

A record 22 million Americans have sought unemployment benefits over the past month, with millions more filing claims last week, almost wiping out all the job gains since the Great Recession and underscoring the toll on the economy from extraordinary meas
Published 17 Apr, 2020 12:00am
G7 to collaborate on economy reopenings: White House

G7 to collaborate on economy reopenings: White House

G7 leaders agreed Thursday to coordinate the reopening of their economies after the coronavirus pandemic and to ensure "trusted supply chains" in the future, the White House said.
Published 17 Apr, 2020 12:00am
UK puts virus-hit construction sector back on track
Global Business Economy

UK puts virus-hit construction sector back on track

The UK government has said the building of a high-speed railway can officially begin, lifting the country's construction sector struck down by a nationwide lockdown over coronavirus. British Prime Minister Boris Johnson, recovering from COVID-19 that saw
Published 17 Apr, 2020 12:00am
PSMA denies news report
Commodities

PSMA denies news report

Pakistan Sugar Mills Association - Punjab Zone takes a strong exception to the article titled "13 Mills Underreport Over 200,000 Tons of Sugar" published in press section, where the information provided by The Punjab Cane Commissioner's Office has been mi
Published 17 Apr, 2020 12:00am
Industries should follow SOPs: Buzdar
Industry

Industries should follow SOPs: Buzdar

Expressing concern over traffic on some roads of Lahore city, Chief Minister Punjab Sardar Usman Buzdar appealed to the citizens to follow the government's instructions and restrict themselves to their homes.
Published 17 Apr, 2020 12:00am
Refund claims: FBR directs completion of processing before 20th
Taxes

Refund claims: FBR directs completion of processing before 20th

The Federal Board of Revenue (FBR) has directed all the chief commissioners, Inland Revenue, to complete processing of the refunds claims before 20th April 2020 in view of the sensitivity of COVID19 relief package implementation, says a notification avail
Published 17 Apr, 2020 12:00am
Dollar rises against others in Europe
Money & Banking

Dollar rises against others in Europe

The dollar consolidated its gains against other currencies on Thursday before the release of weekly US jobless data likely to provide more evidence of the world's biggest economy hurtling into a deep recession.
Published 17 Apr, 2020 12:00am
Sterling slips against dollar, euro
Money & Banking

Sterling slips against dollar, euro

The pound slipped slightly against the dollar and euro on Thursday as the UK government said the novel coronavirus outbreak was starting to peak but it would be premature to lift a country-wide lockdown.
Published 17 Apr, 2020 12:00am
Aussie, kiwi under pressure
Money & Banking

Aussie, kiwi under pressure

The Australian and New Zealand dollars were under pressure on Thursday, as evidence of the damage the novel coronavirus was wreaking on the world economy soured risk sentiment, unravelling a chunk of their recent gains.
Published 17 Apr, 2020 12:00am
UK markets steady
Stocks

UK markets steady

Britain's stock markets steadied on Thursday after a two-day slump as budget airline EasyJet signalled it would ride out the coronavirus-induced travel halt, but broader concerns that a lockdown would be extended pressured the FTSE 100.
Published 17 Apr, 2020 12:00am
Southeast Asian stocks fall
Stocks

Southeast Asian stocks fall

Most Southeast Asian stock markets ended lower on Thursday, with the Philippines index plunging 7%, as dire prospects for the global economy due to the coronavirus pandemic dented investor sentiment.
Published 17 Apr, 2020 12:00am
Thursday's early trade: S&P 500, Dow slip
Stocks

Thursday's early trade: S&P 500, Dow slip

The S&P 500 and Dow Jones slipped on Thursday, giving up early gains as concerns about dismal first-quarter earnings and lasting economic damage from the coronavirus pandemic offset better-than-expected weekly jobless claims numbers.
Published 17 Apr, 2020 12:00am
European shares bounce
Stocks

European shares bounce

European shares rose on Thursday as daily coronavirus death tolls in Spain and Italy eased, while a defiant statement on the crisis from two of the continent's big budget airlines helped battered travel stocks recover.
Published 17 Apr, 2020 12:00am
China stocks surge
Stocks

China stocks surge

China stocks ended higher on Thursday on recovering global investor sentiment, but gains were modest ahead of March-quarter GDP data that is expected to show an economic contraction for the first time in nearly 30 years.
Published 17 Apr, 2020 12:00am
Most Middle East stocks fall
Stocks

Most Middle East stocks fall

Most Middle East indexes fell for a second day on Thursday, after the International Monetary Fund (IMF) warned of the worst economic downturn since 1930s while an expected drop in global oil demand to quarter-century lows added to the woes.
Published 17 Apr, 2020 12:00am
Japanese shares down
Stocks

Japanese shares down

Japanese shares on Thursday tracked overnight losses on the Wall Street, as economic damage from COVID-19 weighed on investor sentiment, with banks and automakers leading the declines.
Published 17 Apr, 2020 12:00am
Asia's gasoline crack hits 1-1/2-week high
Energy

Asia's gasoline crack hits 1-1/2-week high

Asia's gasoline crack hit a 1-1/2 week high on Wednesday, rebounding from a record low in the previous session, following a plunge in raw material oil prices but the crack value remained in steep discounts due to oversupply and a lack of demand.
Published 17 Apr, 2020 12:00am
Euronext wheat futures ease for second day
Commodities

Euronext wheat futures ease for second day

Euronext wheat eased for a second day on Wednesday in line with Chicago as wheat futures saw technical selling after a recent rally and forecasts of rain across Europe eased concerns about parched crops.
Published 17 Apr, 2020 12:00am
Dullness remains on cotton market
Cotton & Textile

Dullness remains on cotton market

The trade activities remained dull on the cotton market as the government has extended the lock down for another two weeks.
Published 17 Apr, 2020 12:00am
Activities of Karachi Port and Port Qasim
Business & Economy

Activities of Karachi Port and Port Qasim

The Karachi Port handled 124,424 tonnes of cargo comprising 66,061 tonnes of import cargo and 58,363 tonnes of export cargo including 8,732 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday.
Published 17 Apr, 2020 12:00am
China's March iron ore imports fall
Commodities

China's March iron ore imports fall

China's iron ore imports dipped in March, official customs data showed on Tuesday, as mills slowed output to digest record-high steel inventories after disruptions caused by the coronavirus outbreak curtailed construction and industrial activities.
Published 17 Apr, 2020 12:00am
US natural gas futures fall as LNG exports decline
Energy

US natural gas futures fall as LNG exports decline

US natural gas futures fell for a fifth consecutive day on Wednesday, as pipeline and liquefied natural gas (LNG) exports declined and concerns rose over how measures to slow the spread of coronavirus will continue cutting demand.
Published 17 Apr, 2020 12:00am
China's stainless steel hits over seventh session high
Commodities

China's stainless steel hits over seventh session high

Stainless steel futures in China extended gains into a seventh session on Wednesday as restocking demand from traders rose, while raw material supply disruptions due to suspension at Philippines' nickel mines also supported prices.
Published 17 Apr, 2020 12:00am
Virus sees Doctors Without Borders launch first Canada project

Virus sees Doctors Without Borders launch first Canada project

The NGO Doctors Without Borders (MSF) has launched its first ever intervention in Canada by helping to set up a convalescent center for homeless people with COVID-19, an official said Wednesday. The 400-bed facility will soon open in Toronto, Canada's lar
Published 17 Apr, 2020 12:00am
New York governor extends shutdown to May 15

New York governor extends shutdown to May 15

New York Governor Andrew Cuomo extended the state's shutdown order Thursday until May 15, citing data showing conditions were improving but insisting on the need to maintain vigilance.
Published 17 Apr, 2020 12:00am
Saudi Arabia executes Yemeni

Saudi Arabia executes Yemeni

Saudi Arabia on Thursday executed a Yemeni man convicted over a knife attack on a Spanish theatre group, the interior ministry said, amid a controversial push to ease decades-old restrictions on entertainment.
Published 17 Apr, 2020 12:00am
60 Rohingya die, hundreds rescued

60 Rohingya die, hundreds rescued

Sixty Rohingya died on a boat crammed with hundreds of people stranded in the Bay of Bengal for more than two months, two survivors told AFP on Thursday. Both said that the captain of the fishing trawler, carrying over 500 men, women and children, was als
Published 17 Apr, 2020 12:00am
Ramazan transmissions: Pemra bans live audiences

Ramazan transmissions: Pemra bans live audiences

Pakistan Electronic Media Regulatory Authority (Pemra) has banned live audiences to attend Ramzan transmissions in the wake of the coronavirus pandemic. A notification issued by Pemra has further advised channels to disinfect and sanitize equipment, while
Published 17 Apr, 2020 12:00am
Bid to smuggle Pakistani currency to Iran foiled

Bid to smuggle Pakistani currency to Iran foiled

Directorate of Intelligence and Investigation, Customs, Gwadar on Thursday claimed to have thwarted an attempt to smuggle Pakistani currency to Iran via sea route of Jiwani.
Published 17 Apr, 2020 12:00am