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Print - 2020-05-20
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 20 May, 2020 12:05am
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 20 May, 2020 12:05am
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 Tuesday (May 19, 2020).

Published 20 May, 2020 12:05am
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 Tuesday (May 19, 2020).

Published 20 May, 2020 12:05am
BOARD MEETINGS
Stocks

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Published 20 May, 2020 12:05am
Member to Member
Stocks

Member to Member

The following transactions member to member subsequently reported on Tuesday (May 19, 2020).

Published 20 May, 2020 12:05am
THE RUPEE: Mixed trend continues
Money & Banking

THE RUPEE: Mixed trend continues

Pakistan Rupee again displayed mixed trend on Tuesday. It lost value against USD in interbank market while gaining value for selling in open market. However, it lost value for buying in open market against USD, Euro, AED and SR.
Published 20 May, 2020 12:05am
Shipping Intelligence
Schedules

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Tuesday (May 19, 2020).

Published 20 May, 2020 12:05am
Pakistan Mercantile Exchange - PMEX
Rates

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Tuesday (May 19, 2020).

Published 20 May, 2020 12:05am
Cotton Spot Rates
Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Tuesday (May 19, 2020).

Published 20 May, 2020 12:05am
The Weather

The Weather

The weather report on Tuesday (May 19, 2020) and the forecast for Wednesday (May 20, 2020).

Published 20 May, 2020 12:05am
Oil dips as US Senate grills Fed chair, Treasury secretary
Energy

Oil dips as US Senate grills Fed chair, Treasury secretary

Oil prices pulled back slightly on Tuesday as a US Senate committee grilled Federal Reserve Chair Jerome Powell and Treasury Secretary Steven Mnuchin about aid packages intended to bolster the economy.
Published 20 May, 2020 12:05am
Gold gains in Europe
Commodities

Gold gains in Europe

Gold rose on Tuesday on uncertainty over how economies would emerge from a deep slowdown, although optimism about a potential vaccine for the novel coronavirus capped bullion's advance.
Published 20 May, 2020 12:05am
Cotton jumps 2 percent
Cotton & Textile

Cotton jumps 2 percent

ICE cotton futures rose to their highest in more than two months on Tuesday on hopes of a pick-up in demand as economies ease coronavirus-led restrictions and as unfavorable weather in top growing areas in the United States posed a threat to crops.
Published 20 May, 2020 12:05am
KP CNG association demands immediate relief
Energy

KP CNG association demands immediate relief

Office-bearers of the Compressed Natural Gas Association in Khyber Pakhtunknhwa on Tuesday said they would go to the court after Eid-ul-Fitr if the government did not announce a special gas tariff relief package for the CNG sector forthwith.
Published 20 May, 2020 12:05am
SNGPL MD listens to public grievances
Energy

SNGPL MD listens to public grievances

To facilitate gas consumers through immediate resolution of their complaints, Sui Northern Gas Pipe Lines Limited (SNGPL) organized e-Kachehri at his Head Office under the directions of Prime Minister's Performance Delivery Unit (PMDU). Managing Director
Published 20 May, 2020 12:05am
Red Bull Street Style 2020 kicks off
Football

Red Bull Street Style 2020 kicks off

Red Bull Street Style will take the official World Championship of freestyle football, this year, entirely online. Anyone can enter by submitting a video clip. Through a series of challenges, the field will be narrowed until the best international men and
Published 20 May, 2020 12:05am
PIA, Reliance Petrochem Industries sign MoU
Business & Economy

PIA, Reliance Petrochem Industries sign MoU

Pakistan International Airlines (PIA) signed a Memorandum of Understanding (MoU) with Reliance Petrochem Industries Private Limited manufactures of "Reliance Handtizer" and "Reliance Surface Sanitizers"; these products will be used by PIA on board its fig
Published 20 May, 2020 12:05am
Measures to facilitate investors discussed

Measures to facilitate investors discussed

Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Tuesday chaired a meeting to discuss measures that could facilitate the investors to bring in more investment to the country to boost the pace of development of the country.
Published 20 May, 2020 12:05am
SSGC's first Khulli Kacheri addresses customers' complaints

SSGC's first Khulli Kacheri addresses customers' complaints

Adhering to the directives of Government of Pakistan for organizations working under the umbrella of Federal Government to convene Khulli Kacheri in accordance to the vision of Prime Minister Imran Khan, Sui Southern Gas Company held its first Khulli Kach
Published 20 May, 2020 12:05am
Euro rallies in Europe
Money & Banking

Euro rallies in Europe

The euro rallied on Tuesday, propelled by a Franco-German proposal on Monday for a fund that would offer grants to European Union regions and sectors hit hardest by the coronavirus pandemic.
Published 20 May, 2020 12:05am
Early trade in New York: Dollar weakens against euro
Money & Banking

Early trade in New York: Dollar weakens against euro

The US dollar edged lower against the euro on Tuesday as the common currency added to Monday's gains following news of a Franco-German proposal for a fund that would offer grants to European Union regions and sectors hit hardest by the coronavirus pandemi
Published 20 May, 2020 12:05am
Asian currencies up
Money & Banking

Asian currencies up

Most Asian currencies ticked higher against a weaker dollar on Tuesday after encouraging data from an early-stage trial for a coronavirus vaccine lifted sentiment towards risky Asian assets.
Published 20 May, 2020 12:05am
UK mid-caps rise for third day
Money & Banking

UK mid-caps rise for third day

Britain's mid-cap index climbed for the third straight session on Tuesday on hopes of a speedy recovery from a coronavirus-fuelled recession, while more UK firms moved to shore up cash reserves to ride out the slump.
Published 20 May, 2020 12:05am
Tokyo shares hit 2-1/2 months high
Stocks

Tokyo shares hit 2-1/2 months high

Japanese stocks advanced in line with their Wall Street and Asian peers and hit a two-and-a-half-month high on Tuesday, as encouraging early-stage data for a potential coronavirus vaccine boosted hopes for a swift reopening of the global economy.
Published 20 May, 2020 12:05am
S&P at 10-week high
Stocks

S&P at 10-week high

US stocks jumped on Monday, and the S&P 500 closed at a 10-week high, on encouraging early-stage data for a potential coronavirus vaccine and on the promise of more stimulus to lift an economy beaten down by the pandemic.
Published 20 May, 2020 12:05am
Tuesday's early trade: S&P 500 trading flat
Stocks

Tuesday's early trade: S&P 500 trading flat

The S&P 500 was trading flat on Tuesday, handing back some gains from a strong rally in the previous session, as investors digested a mixed set of quarterly results from retailers including Home Depot and Walmart.
Published 20 May, 2020 12:05am
Banks, telecoms drag European stocks lower
Stocks

Banks, telecoms drag European stocks lower

European shares lost some ground on Tuesday after a rally in the previous session, as falls for euro zone banks and telecoms stocks countered optimism from a stimulus plan for the European Union.
Published 20 May, 2020 12:05am
China shares rise
Stocks

China shares rise

China shares closed firmer on Tuesday, as data from an early-stage trial for a COVID-19 vaccine lifted hopes of a faster recovery from the pandemic-driven economic slump.
Published 20 May, 2020 12:05am
Major Middle East markets surge
Stocks

Major Middle East markets surge

Major Middle East stock markets closed higher on Tuesday, tracking a rise in global equities and a recovery in oil prices, with Saudi Arabia leading gains on the back of oil giant Saudi Aramco.
Published 20 May, 2020 12:05am
SE Asian stocks gain
Stocks

SE Asian stocks gain

Southeast Asian stock markets gained on Tuesday, with Thailand hitting its highest level in more than two months, as investors cheered positive data from an early-stage study testing a coronavirus vaccine.
Published 20 May, 2020 12:05am
China's iron ore marks best day in 10 months
Commodities

China's iron ore marks best day in 10 months

Dalian iron ore futures jumped as much as 7.5% on Monday as port inventory of the steelmaking raw material in China, the world's top steel producer, dropped to the lowest in more than three years, adding to concerns over supply.
Published 20 May, 2020 12:05am
Activities of Karachi Port and Port Qasim
Business & Economy

Activities of Karachi Port and Port Qasim

The Karachi Port handled 70,950 tonnes of cargo comprising 47,946 tonnes of import cargo and 23,004 tonnes of export cargo including 2,641 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday.
Published 20 May, 2020 12:05am
US natural gas futures jump over 10pc as output slows
Energy

US natural gas futures jump over 10pc as output slows

US natural gas futures jumped over 10% on Monday on slowing output as energy firms shut wells and slash spending on new oil drilling after crude prices sank earlier this year due to coronavirus-led demand destruction. Those oil wells also produce a lot of
Published 20 May, 2020 12:05am
PMEX daily trading report
Commodities

PMEX daily trading report

On Monday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 3,994. The traded value of metals, energy and COTS/FX was recorded at PKR 8.292 billion and the number of lots traded was 18,083.
Published 20 May, 2020 12:05am
Rainfalls to help Ivorian cocoa mid-crop
Commodities

Rainfalls to help Ivorian cocoa mid-crop

Rainfall was still below average in most of Ivory Coast's cocoa growing regions last week but the arrival of downpours could help the April-to-September mid-crop, farmers said on Monday.
Published 20 May, 2020 12:05am
CDWP approves six projects worth Rs16.11bn

CDWP approves six projects worth Rs16.11bn

The Central Development Working Party (CDWP) has approved as many as six projects at a cost of Rs16.11 billion, and recommended one project worth Rs25.23 billion to the Executive Committee of the National Economic Council (Ecnec) for approval.
Published 20 May, 2020 12:05am
Three Pakistani universities join efforts to fight Covid-19

Three Pakistani universities join efforts to fight Covid-19

Three Pakistani universities and other 54 universities in 11 countries from the South and Southeast Asian University Network (S&SE Asian UN) vowed on Tuesday to join efforts in fighting against the COVID-19, as the pandemic continues to spread across the
Published 20 May, 2020 12:05am
Field Isolation Centre: Sindh CM admires people, army

Field Isolation Centre: Sindh CM admires people, army

Sindh Chief Minister Syed Murad Ali Shah appreciated Pakistani people and military who have come together to turn the Field Isolation Centre (FIC) as a project of supreme importance from paper to the reality.
Published 20 May, 2020 12:05am
Pakistan, China, Russia and Iran welcome Afghan deal

Pakistan, China, Russia and Iran welcome Afghan deal

Pakistan, China, Russia and Iran have welcomed the political deal between Afghan President Ashraf Ghani and his political rival Abdullah Abdullah, and urged the foreign troops to withdraw in an orderly and responsible way so that the situation in Afghanis
Published 20 May, 2020 12:05am
Sadia appeals for special prayers on 27th Ramazan

Sadia appeals for special prayers on 27th Ramazan

Sadia Rashid, President of Hamdard Foundation Pakistan, has appealed to the nation to offer special prayers on the 27th of Ramazan, in the wake of the Covid-19 pandemic which has badly affected the socioeconomic structure of the country as well as the wor
Published 20 May, 2020 12:05am
Mayor assures people all-out support

Mayor assures people all-out support

The Mayor of Karachi, Wasim Akhtar, said on Tuesday that the local bodies' representatives are with the people in their difficult time and making all-out efforts to resolve their issues.
Published 20 May, 2020 12:05am
Court curbs German spies' foreign internet surveillance

Court curbs German spies' foreign internet surveillance

Germany's foreign intelligence service violated the constitution by spying on internet data from foreigners abroad, the nation's top court ruled Tuesday in a victory for overseas journalists who brought the case.
Published 20 May, 2020 12:05am
Rubio named to lead Senate Intel Committee

Rubio named to lead Senate Intel Committee

Republican Senator Marco Rubio, a strong critic of China and Cuba, was named Monday to chair the powerful Senate Intelligence Committee while previous head Richard Burr is investigated in an insider trading scandal.
Published 20 May, 2020 12:05am