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Print - 2020-04-23
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 23 Apr, 2020 02:53am
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 23 Apr, 2020 02:53am
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 22, 2020).

Published 23 Apr, 2020 02:53am
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 22, 2020).

Published 23 Apr, 2020 02:53am
BOARD MEETINGS
Stocks

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 23 Apr, 2020 02:53am
Member to Member
Stocks

Member to Member

The following transactions member to member subsequently reported on Wednesday (April 22, 2020).

Published 23 Apr, 2020 02:53am
Shipping Intelligence
Schedules

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Wednesday (April 22, 2020).

Published 23 Apr, 2020 02:53am
Pakistan Mercantile Exchange - PMEX
Rates

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (April 22, 2020).

Published 23 Apr, 2020 02:53am
Cotton Spot Rates
Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Wednesday (April 22, 2020).

Published 23 Apr, 2020 02:53am
The Weather

The Weather

The weather report on Wednesday (April 22, 2020) and the forecast for Thursday (April 23, 2020).

Published 23 Apr, 2020 02:53am
US MIDDAY: Gold surges nearly 2pc
Commodities

US MIDDAY: Gold surges nearly 2pc

Gold prices jumped as much as 1.9% on Wednesday on expectations for more fiscal and monetary stimulus measures amid massive economic damage due to stay-at-home and business shutdown orders around the world to limit the spread of the novel coronavirus.
Published 23 Apr, 2020 02:53am
US MIDDAY: Corn rises
Commodities

US MIDDAY: Corn rises

US corn futures rose 2% on Wednesday as traders unwound bearish bets following the market's decline to its lowest since September 2009 on Tuesday, traders said.
Published 23 Apr, 2020 02:53am
Gold jumps in Europe
Commodities

Gold jumps in Europe

Gold prices jumped 1% on Wednesday on hopes for more fiscal and monetary stimulus measures amid massive economic damage due to stay-at-home and business shutdown orders around the world to limit the spread of the novel coronavirus.
Published 23 Apr, 2020 02:53am
Tokyo rubber falls
Commodities

Tokyo rubber falls

Tokyo Commodity Exchange's (TOCOM) futures rubber contract fell for a second day, ending the day 2.9 yen lower at 147.7 yen per kg, tracking Shanghai prices as the coronavirus outbreak saps demand.
Published 23 Apr, 2020 02:53am
Malaysian palm oil higher
Commodities

Malaysian palm oil higher

Malaysian palm oil futures closed up on Wednesday tracking higher soyabean oil prices, after slumping to a near nine-month low in the previous session, but gains were capped by a retreat in crude oil prices.
Published 23 Apr, 2020 02:53am
Brent rebounds from 1999 lows, US oil up in wild trade
Energy

Brent rebounds from 1999 lows, US oil up in wild trade

Brent crude oil rebounded from two days of losses and US futures surged on Wednesday, bolstered by tentative discussions of additional supply cuts from OPEC producers and US inventory builds that were less dire than some anticipated.
Published 23 Apr, 2020 02:53am
Cotton jumps to near 1-month high
Cotton & Textile

Cotton jumps to near 1-month high

ICE cotton futures surged as much as 5% to their highest in nearly a month on Wednesday, on expectations that top consumer China is going to purchase the natural fiber among other agricultural commodities from the United States.
Published 23 Apr, 2020 02:53am
CBOT corn hits lowest since Sept 2009
Commodities

CBOT corn hits lowest since Sept 2009

Chicago Board of Trade corn futures dropped 1.4% on Tuesday, hitting a 10-1/2-year low on pressure from slumping energy markets and weakening demand for ethanol as the coronavirus pandemic slashed fuel usage, traders said.
Published 23 Apr, 2020 02:53am
No major activity witnessed on cotton market
Cotton & Textile

No major activity witnessed on cotton market

The government of Sindh had given permission to more than 132 factories related to export oriented industry to start their operations which will have a positive impact on the cotton market in the coming days.
Published 23 Apr, 2020 02:53am
Activities of Karachi Port
Business & Economy

Activities of Karachi Port

The Karachi Port handled 151,064 tonnes of cargo comprising 74,424 tonnes of import cargo and 76,640 tonnes of export cargo including 6,986 loaded and empty containers during the last 24 hours ending at 0700 hours on Wednesday.
Published 23 Apr, 2020 02:53am
Chinese iron ore futures plunge from 8-1/2-month high
Commodities

Chinese iron ore futures plunge from 8-1/2-month high

Chinese iron ore futures slumped on Tuesday, retreating from a more than 8-1/2-month closing high hit in the previous session, on concerns about surplus supply of the steelmaking raw material as the coronavirus hit demand outside China.
Published 23 Apr, 2020 02:53am
US wheat futures mixed
Commodities

US wheat futures mixed

US wheat futures ended mixed on Tuesday, with the most-active Chicago Board of Trade soft red winter wheat contracts and MGEX spring wheat finishing in negative territory on a technical setback and declines in the corn market.
Published 23 Apr, 2020 02:53am
Industries in Sindh to be opened gradually: CS

Industries in Sindh to be opened gradually: CS

Chief Secretary Sindh Mumtaz Ali Shah said that Sindh government is cognizant about the economic impact of closure of factories and is committed to allow the industries to function gradually. However, industrialists have to give an undertaking that all pr
Published 23 Apr, 2020 02:53am
Smuggled cigarettes, Indian gutka seized by MCC

Smuggled cigarettes, Indian gutka seized by MCC

Model Customs Collectorate (MCC), Preventive on Wednesday claimed to have seized huge quantity of smuggled cigarettes and Indian gutka worth Rs 90.45 million at Boltan Market area.
Published 23 Apr, 2020 02:53am
320 new Covid-19 cases emerge in Sindh: CM

320 new Covid-19 cases emerge in Sindh: CM

Sindh Chief Minister Syed Murad Ali Shah has said that 320 new cases of coronavirus have been diagnosed in the province, of them 308 are of local spread, the highest ever witnessed in the province, and the worst affected is Karachi with over 1300 cases of
Published 23 Apr, 2020 02:53am
PML-N seeks Hamza's release amid Covid-19 fears

PML-N seeks Hamza's release amid Covid-19 fears

Pakistan Muslim League-Nawaz (PML-N) has urged the authorities concerned to immediately release the opposition leader in the Punjab Assembly, Hamza Shahbaz, over fears he might get infected in the presence of suspected Covid-19 inmates in the Camp Jail.
Published 23 Apr, 2020 02:53am
Assets beyond means case: Shehbaz again skips NAB hearing

Assets beyond means case: Shehbaz again skips NAB hearing

Leader of the Opposition in the National Assembly and Pakistan Muslim League-N President Shehbaz Sharif on Wednesday again skipped the hearing of National Accountability Bureau (NAB) in assets beyond means and money laundering cases citing "threat to his
Published 23 Apr, 2020 02:53am
Hoarders of 41 items to get three years' imprisonment

Hoarders of 41 items to get three years' imprisonment

The Punjab government has made hoarding of 41 items a punishable offence up to three years of imprisonment. In this connection, the government promulgated The Punjab Prevention of Hoarding Ordinance 2020, under which any dealer found hoarding an article
Published 23 Apr, 2020 02:53am
PTEA for expeditious disbursement of all outstanding refunds
Cotton & Textile

PTEA for expeditious disbursement of all outstanding refunds

Pakistan Textile Exporters Association (PTEA) has stressed for expeditious disbursement of all outstanding refunds as the Covid-19 pandemic has significantly impacted the cash flow squeezing the financial streams.
Published 23 Apr, 2020 02:53am
Karachi to experience hot weather

Karachi to experience hot weather

The city is likely to experience a spell of hot weather with a maximum of 36 degrees Celsius of temperature in the next 24 hours, the Met Office said on Wednesday. The metropolis's horizons are likely to remain mostly sunny with a maximum temperature of u
Published 23 Apr, 2020 02:53am
Devising strategy for promoting startups in IT industry agreed with UNDP
IT & Computers

Devising strategy for promoting startups in IT industry agreed with UNDP

The Ministry of Information Technology and Telecommunication and the United Nations Development Programme (UNDP) on Wednesday agreed to devise a strategy for promoting startups in the IT industry through business incubation centres and innovation hubs.
Published 23 Apr, 2020 02:53am
CDWP approves 3 projects worth Rs 12.55 billion
Business & Economy

CDWP approves 3 projects worth Rs 12.55 billion

April 22, 2020:- The Central Development Working Party (CDWP) approved three projects at the cost of Rs12.55 billion and recommended two projects valued at Rs196.6 billion to the Executive Committee of the National Economic Council (ECNEC) for considerati
Published 23 Apr, 2020 02:53am
FBR devises centralized system of online payment
Taxes

FBR devises centralized system of online payment

FBR has devised a centralized system of online payment of Sales Tax, FED and Income Tax refunds directly in the bank account of the taxpayers. For this purpose, FBR has requested the taxpayers to update their IRIS profile. In the given bank account detail
Published 23 Apr, 2020 02:53am
Sterling recovers
Money & Banking

Sterling recovers

Sterling recovered on Wednesday, as some traders bought back into a currency that had slipped to a two-week low the day before during a flight to financial safe havens after oil prices crashed.
Published 23 Apr, 2020 02:53am
Most Asian currencies rangebound
Money & Banking

Most Asian currencies rangebound

Most Asian currencies moved in a narrow range on Wednesday as weak crude prices gave regional importers a chance to stock up supply, although worries persisted over frail risk sentiment due to oil crash and coronavirus-led uncertainties.
Published 23 Apr, 2020 02:53am
UK's top equity index rises
Stocks

UK's top equity index rises

Britain's top equity index rose on Wednesday as positive corporate updates helped calm the mood after a sharp sell-off in the previous session due to plunging oil prices.
Published 23 Apr, 2020 02:53am
SE Asian stocks higher
Stocks

SE Asian stocks higher

Southeast Asian markets recovered from early losses on Wednesday to end marginally higher, led by a 1.5% rise in Indonesian stocks, which was powered by gains in consumer and telecom stocks.
Published 23 Apr, 2020 02:53am
Wall Street stays down
Stocks

Wall Street stays down

Wall Street tumbled for a second straight day on Tuesday as a collapse in US oil prices and glum forecasts by companies worsened fears of a deep economic downturn.
Published 23 Apr, 2020 02:53am
China stocks up
Stocks

China stocks up

China stocks reversed course to close higher on Wednesday, as investors hoped the government would speed up rolling out further fiscal stimulus to shore up an economy that has been hobbled by the coronavirus pandemic.
Published 23 Apr, 2020 02:53am
European shares gain
Stocks

European shares gain

A rebound in oil prices and hopes of more stimulus lifted European shares on Wednesday, even as investors remained cautious about a swift recovery as more companies issued worrying financial forecasts.
Published 23 Apr, 2020 02:53am
Most Gulf indexes rebound
Stocks

Most Gulf indexes rebound

Major stock markets in the Gulf ended higher on Wednesday, buoyed by recovery in Brent crude after prices hit their lowest level since 1999 earlier in the session.
Published 23 Apr, 2020 02:53am
Russian internet giant offers free coronavirus tests
IT & Computers

Russian internet giant offers free coronavirus tests

Russian internet giant Yandex has launched a free coronavirus testing service for the Moscow region as Russia boasts of one of the world's highest testing rates.
Published 23 Apr, 2020 02:53am