Trends - nickel market - Business Recorder

nickel market

Indonesia puts nickel export levy on hold to devise a price index first

JAKARTA: Indonesia, the world’s top nickel producer, has put on hold plans to tax nickel product exports while it...

Published 30 May, 2023 10:25am

Markets

China’s refined nickel imports slump to near 20-year lows

LONDON: China’s imports of refined nickel have fallen to levels last seen almost 20 years ago, when the ...

Published 28 May, 2023 03:34am

Markets

Nickel faces huge supply glut as Indonesian output booms

LONDON: The nickel market is facing a massive supply glut this year as surging Indonesian production continues to...

Published 30 Apr, 2023 05:10am

Markets

Nickel slides, copper steadies on Chinese demand

LONDON: Nickel prices slumped on Thursday after the London Metal Exchange (LME) announced plans to widen its ...

Published 31 Mar, 2023 06:45am

Markets

Nickel extends rebound on short-covering, low stocks

LONDON: Nickel prices extended gains on Tuesday, boosted by dwindling inventories and short covering by speculators,...

Published 28 Mar, 2023 04:42pm

Markets

Nickel surges as inventories slide and speculators wade in

LONDON: Nickel shot up on Friday after inventories in China tumbled, while some speculators took advantage of the...

Published 27 Mar, 2023 06:15am

Markets

Nickel Industries set to raise $471mn to buy nickel assets

Australia’s Nickel Industries will raise $471 million in capital to help fund the acquisition of several nickel...

Published 18 Jan, 2023 11:04am

Markets

UK watchdog blocks LME plan to restart Asian hours nickel trade

LONDON: Britain’s financial watchdog is blocking the restart of London Metal Exchange nickel trade in Asian hours...

Published 16 Jan, 2023 06:18am

Markets

Nickel jumps 15% to highest since May in illiquid trade

LONDON: Nickel prices jumped 15% on Monday to their highest since May as funds and traders reversed bets on lower...

Published 14 Nov, 2022 05:10pm

Markets

Shanghai copper, nickel up for 4th day on low stocks, stimulus hopes

SHANGHAI: Shanghai copper and nickel prices extended gains to a fourth session on Monday, as low inventories and...

Published 19 Apr, 2022 05:32am

Markets

Mass exit from nickel market opens up a volatility trap

LONDON: The good news for the London Metal Exchange (LME) is that its nickel contract is trading again after last...

Published 08 Apr, 2022 05:28am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01