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Print - 2020-04-24
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 24 Apr, 2020 02:52am
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 24 Apr, 2020 02:52am
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 23, 2020).

Published 24 Apr, 2020 02:52am
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 23, 2020).

Published 24 Apr, 2020 02:52am
BOARD MEETINGS
Stocks

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 24 Apr, 2020 02:52am
Member to Member
Stocks

Member to Member

The following transactions member to member subsequently reported on Thursday (April 23, 2020).

Published 24 Apr, 2020 02:52am
Shipping Intelligence
Schedules

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (April 23, 2020).

Published 24 Apr, 2020 02:52am
Pakistan Mercantile Exchange - PMEX
Rates

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (April 23, 2020).

Published 24 Apr, 2020 02:52am
Cotton Spot Rates
Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (April 23, 2020).

Published 24 Apr, 2020 02:52am
Bullion Rates
Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (April 23, 2020).

Published 24 Apr, 2020 02:52am
The Weather

The Weather

The weather report on Thursday (April 23, 2020) and the forecast for Friday (April 24, 2020).

Published 24 Apr, 2020 02:52am
Oil up on acceleration of output cuts from OPEC nations
Energy

Oil up on acceleration of output cuts from OPEC nations

Oil soared on Thursday, extending its rebound after major oil-producing nations said they would accelerate planned production cuts to combat the dramatic slump in demand due to the COVID-19 pandemic.
Published 24 Apr, 2020 02:52am
US MIDDAY: Gold jumps
Commodities

US MIDDAY: Gold jumps

Gold prices jumped as much as 1.5% to more than a one-week high on Thursday, emboldened by hopes of more stimulus from the United States as a coronavirus-led lockdown takes a toll on the world's largest economy and its labour market.
Published 24 Apr, 2020 02:52am
Gold scales over 1-week peak in Europe
Commodities

Gold scales over 1-week peak in Europe

Gold prices jumped about 1% to more than a one-week high on Thursday, emboldened by hopes of more stimulus from the US Federal Reserve as a coronavirus-led lockdown takes a toll on the world's largest economy and labor market.
Published 24 Apr, 2020 02:52am
Gold down in Asia
Commodities

Gold down in Asia

Gold edged lower on Thursday as investors booked profits from sharp gains in the previous session, but prices held above the $1,700 an ounce level on the promise of more US stimulus measures to ease the economic blow from the coronavirus crisis.
Published 24 Apr, 2020 02:52am
Raw sugar edges higher
Commodities

Raw sugar edges higher

Raw sugar futures on ICE edged higher on Thursday, boosted partly by gains in crude oil, while coffee prices also advanced but cocoa eased slightly.
Published 24 Apr, 2020 02:52am
Palm oil climbs 2 percent
Commodities

Palm oil climbs 2 percent

Malaysian palm oil futures ended 2% higher on Thursday, tracking a rebound in crude oil and gains in rival soyabean oil, with bargain buying after palm fell to near 9-month lows further boosting prices.
Published 24 Apr, 2020 02:52am
Rubber jumps
Commodities

Rubber jumps

Tokyo rubber prices rose nearly 3% on Thursday, tracking Shanghai futures and oil prices after more stimulus was promised by the US government to combat the coronavirus pandemic.
Published 24 Apr, 2020 02:52am
Copper follows oil higher, demand outlook shaky
Commodities

Copper follows oil higher, demand outlook shaky

Copper prices rose on Thursday alongside oil, but analysts said the gains are unlikely to be sustained as poor demand prospects are likely to be reinforced by data showing further economic deterioration due to the coronavirus pandemic.
Published 24 Apr, 2020 02:52am
UK urged to stop cotton imports made in Chinese 'prison camps'
Cotton & Textile

UK urged to stop cotton imports made in Chinese 'prison camps'

Major brands are turning a blind eye to forced labour on a scale not seen since World War Two, lawyers and campaigners said on Thursday as they urged Britain to halt imports of cotton goods originating from China's Xinjiang region.
Published 24 Apr, 2020 02:52am
Euro sinks to one-month low in Europe
Money & Banking

Euro sinks to one-month low in Europe

The euro fell to its lowest in a month on Thursday after data showed economic activity in the euro zone virtually halted by government-imposed lockdowns to stop the coronavirus pandemic.
Published 24 Apr, 2020 02:52am
Sterling strengthens against dollar and euro
Money & Banking

Sterling strengthens against dollar and euro

The pound strengthened against both the euro and the dollar on Thursday, even after dire British preliminary PMI readings for April, as market activity appears immune to new data about the disastrous economic fallout from the coronavirus.
Published 24 Apr, 2020 02:52am
Most Asian currencies tepid
Money & Banking

Most Asian currencies tepid

Most Asian currencies were tepid on Thursday amid concerns over feeble oil demand and expectations of dire manufacturing and services survey data out of the United States and euro zone, while the Indonesian rupiah slid as much as 1%.
Published 24 Apr, 2020 02:52am
FTSE recovers as oil majors, homebuilders surge
Stocks

FTSE recovers as oil majors, homebuilders surge

Britain's FTSE 100 rebounded from early losses on Thursday, as surging oil prices and signs that major UK homebuilders were planning to resume work boosted sentiment, with investors shrugging off some shockingly weak economic data.
Published 24 Apr, 2020 02:52am
SE Asian stocks largely up
Stocks

SE Asian stocks largely up

Most Southeast Asian stock markets finished higher on Thursday, with Thailand leading the gains, as risk sentiment improved backed by a recovery in oil prices and expectations of a fresh relief package in the United States.
Published 24 Apr, 2020 02:52am
Wall Street surges
Stocks

Wall Street surges

Wall Street surged on Wednesday as oil prices recovered and Congress looked on course to approve nearly $500 billion more in aid to help small businesses ride out the coronavirus crisis.
Published 24 Apr, 2020 02:52am
China stocks down
Stocks

China stocks down

Chinese stocks ended weaker on Thursday, as mounting economic uncertainty sparked by the coronavirus pandemic kept share prices under pressure, stopping investors from chasing the rebound from the previous session.
Published 24 Apr, 2020 02:52am
Oil, banks drive gains in European stocks
Stocks

Oil, banks drive gains in European stocks

A rally in energy and bank shares lifted European stock markets on Thursday, while investors counted on more stimulus to revive the bloc's economy as the coronavirus-induced lockdowns brought activity to a halt in April.
Published 24 Apr, 2020 02:52am
Most of Gulf indexes up
Stocks

Most of Gulf indexes up

Most stock markets in the Middle East ended higher on Thursday, buoyed by a recovery in oil prices from historic lows and a slew of better-than expected first-quarter earnings. Brent crude was up $1.55, or 7.61%, at $21.92 a barrel by 1200 GMT, a day afte
Published 24 Apr, 2020 02:52am
US natural gas futures jump to nine-week high
Energy

US natural gas futures jump to nine-week high

US natural gas futures jumped over 6% to a nine-week high on Wednesday on expectations gas production will decline in coming weeks as drillers shut oil wells in shale basins due to the recent collapse of US crude prices. Those oil wells produce a lot of g
Published 24 Apr, 2020 02:52am
CBOT corn futures rise on short-covering
Commodities

CBOT corn futures rise on short-covering

Chicago Board of Trade corn futures rebounded from a 10-1/2-year low on Wednesday, rising 2.4% on a round of short-covering traders said. Technical resistance for the benchmark CBOT July corn contract was noted at its 10-day moving average. Support from o
Published 24 Apr, 2020 02:52am
New crop of cotton likely to arrive from June
Cotton & Textile

New crop of cotton likely to arrive from June

Amid hopes of softening the lockdown during the holy month of Ramazan traders were hopeful that trading activity will improve in the cotton market. According to market sources traders were putting pressure on the government that they should allow them to
Published 24 Apr, 2020 02:52am
Activities of Karachi Port and Port Qasim
Business & Economy

Activities of Karachi Port and Port Qasim

The Karachi Port handled 63,298 tonnes of cargo comprising 33,356 tonnes of import cargo and 29,942 tonnes of export cargo including 4,221 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday.
Published 24 Apr, 2020 02:52am
Euronext wheat mixed as spot futures cool
Commodities

Euronext wheat mixed as spot futures cool

Euronext wheat was mixed on Wednesday as spot futures eased after this week's export-fuelled surge and new-crop prices edged higher due to continuing dry weather in much of Europe. Front-month May milling wheat on the Paris-based Euronext exchange settled
Published 24 Apr, 2020 02:52am
PMEX daily trading report
Commodities

PMEX daily trading report

On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,426. The traded value of metals, energy and COTS/FX was recorded at PKR 5.289 billion and the number of lots traded was 18,123.
Published 24 Apr, 2020 02:52am
UN warns Israel over West Bank annexation

UN warns Israel over West Bank annexation

The UN's special Middle East envoy, Nickolay Mladenov, on Thursday warned Israel not to annex parts of the West Bank, saying such a move would be a "devastating blow" to the internationally-backed two-state solution.
Updated 24 Apr, 2020 06:29am
First Syrian state torture trial opens in Germany

First Syrian state torture trial opens in Germany

Two alleged former Syrian intelligence officers went on trial in Germany on Thursday accused of crimes against humanity in the first court case worldwide over state-sponsored torture by Bashar al-Assad's regime.
Published 24 Apr, 2020 02:52am
Spanish government apologises to children

Spanish government apologises to children

One of Spain's deputy prime ministers apologised Thursday to the country's children for confining them to their homes since mid-March as part of a nationwide lockdown to fight the coronavirus pandemic.
Published 24 Apr, 2020 02:52am
Pandemic throws global economy into deeper decline
Global Business Economy

Pandemic throws global economy into deeper decline

Global economic activity all but ground to a halt this month as government-imposed lockdowns due to the coronavirus pandemic took a particularly heavy toll on the world's service industry, surveys showed on Thursday.
Published 24 Apr, 2020 02:52am
Millions of Americans join unemployed ranks
Global Business Economy

Millions of Americans join unemployed ranks

A stunning 26.5 million Americans have sought unemployment benefits over the last five weeks, confirming that all the jobs gained during the longest employment boom in US history have been wiped out as the novel coronavirus savages the economy.
Published 24 Apr, 2020 02:52am
US new home sales tumble
Global Business Economy

US new home sales tumble

Sales of new US single-family homes dropped by the most in more than 6-1/2 years in March and further declines are likely as the novel coronavirus outbreak batters the economy and throws millions of Americans out of work.
Published 24 Apr, 2020 02:52am
Germany announces new 10 billion euro virus package
Global Business Economy

Germany announces new 10 billion euro virus package

The German government unveiled a 10 billion euro ($10.8 billion) economic package on Thursday to pay for additional unemployment benefits and new tax cuts to help businesses affected by the coronavirus.
Published 24 Apr, 2020 02:52am
Cargo containers: FBR issues procedure for sealing and desealing
Taxes

Cargo containers: FBR issues procedure for sealing and desealing

The Federal Board of Revenue (FBR) Thursday issued procedure for sealing and desealing of cargo containers meant for transshipment, transit, safe transportation and export including transit of International Security Assistance Force (ISAF) cargo.
Published 24 Apr, 2020 02:52am
Saudi envoy hands over ration bags to Punjab Governor

Saudi envoy hands over ration bags to Punjab Governor

Saudi Ambassador Nawaf Bin Saeed Al Maliki handed over 20,000 ration bags to Punjab Governor Chaudhary Mohammad Sarwar here on Thursday which will be distributed in Lahore and other cities of Punjab.
Published 24 Apr, 2020 02:52am