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Markets » Exchange

Bangladesh remittances up 2.6 percent
Exchange

Bangladesh remittances up 2.6 percent

Money sent home in December by Bangladeshis working overseas rose nearly 2.6 percent from a year earlier to about $1.31 billion, the central bank said on Monday. In July-December, the first half of the 2015-16 financial year, Bangladesh received $7.48 mil
Published 05 Jan, 2016 12:00am
The Saudi economy
Exchange

The Saudi economy

After enjoying a long period of abundance and prosperity, Saudi Arabia is all set to see its fortune diminishing in the near future due to a drastic fall in crude prices. Reflecting this scenario, it announced a record budget deficit and cuts in fuel and
Published 05 Jan, 2016 12:00am
US MIDDAY: gold rallies two percent
Exchange

US MIDDAY: gold rallies two percent

Gold rallied 2 percent to a four-week high on Monday, buoyed by rising tensions in the Middle East and a sharp drop in stocks following weak Chinese data that fuelled concerns over global growth. Palladium, which as a largely industrial metal is more expo
Published 05 Jan, 2016 12:00am
Yet another amnesty?
Exchange

Yet another amnesty?

On January 1, the Voluntary Tax Compliance Scheme (VTCS) the Prime Minister announced was a New Year gift for the trader community and also earned a "gold medal there for, but since VTCS will amend the Income Tax Ordinance, and therefore require parliamen
Published 05 Jan, 2016 12:00am
Gold jumps two percent in Europe
Exchange

Gold jumps two percent in Europe

Gold rallied 2 percent on Monday, buoyed by rising tensions in the Middle East and a sharp drop in stocks following weak Chinese data that fuelled concerns over global growth. Palladium, which as a largely industrial metal is more exposed than gold to eco
Published 05 Jan, 2016 12:00am
Cocoa and sugar tumble on risk-off selling
Exchange

Cocoa and sugar tumble on risk-off selling

New York cocoa futures on ICE fell more than 2.5 percent to the lowest in more than two months on Monday, pressured by broad-based selling on concerns about global economic growth and the weak British pound, while raw sugar dropped sharply. Arabica coffee
Published 05 Jan, 2016 12:00am
Palm oil futures fall on weak exports to start 2016 trading
Exchange

Palm oil futures fall on weak exports to start 2016 trading

Malaysian palm oil futures fell at the start of 2016 trading on slowing exports as demand from top consumer China is unlikely to improve despite the upcoming Lunar New Year holiday. The benchmark palm oil contract for March on the Bursa Malaysia Derivativ
Published 05 Jan, 2016 12:00am
Board Meetings
Exchange

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 05 Jan, 2016 12:00am
Copper starts 2016 on soft footing after bleak China data
Exchange

Copper starts 2016 on soft footing after bleak China data

Copper hit a two-week low on the first trading day of 2016 after weak Chinese factory data weighed heavily on Shanghai equities and rekindled worries over economic growth in China and beyond. Surveys showed factory activity in the world's second-largest e
Published 05 Jan, 2016 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 05 Jan, 2016 12:00am
Shanghai copper slips
Exchange

Shanghai copper slips

Shanghai Futures Exchange copper slipped 1.4 percent to 36,100 yuan ($5,547) on a sour note on Monday after data showed factory activity in top consumer China continued to shrink in December, compounding a difficult outlook for metals at a time when a fir
Published 05 Jan, 2016 12:00am
ISE index close down
Exchange

ISE index close down

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 28.45 points as the ISE Ten Index moved from 2,781.35 to 2,752.90
Published 05 Jan, 2016 12:00am
Amnesty must lead to raise number of filers
Exchange

Amnesty must lead to raise number of filers

Not only is the 'block' that constitutes honest taxpayers plausibly angry at the 'amnesty' granted to traders under the Voluntary Tax Filing Scheme (VTFS), country's political opposition has also strongly reacted to the government's controversial move. Ne
Published 04 Jan, 2016 12:00am
Your rupee last week
Currency

Your rupee last week

Following currency fluctuations took place in foreign exchange rates during the last week. (December 28 to 31 2015).

Published 04 Jan, 2016 12:00am
THE RUPEE: all-round gains
Currency

THE RUPEE: all-round gains

All-round gains witnessed on the money market as the rupee managed to pick up versus the dollar during the week-ended on January 2, 2016. In the interbank market, the rupee appreciated by 20 paisas in relation to the dollar for buying and selling at Rs 10
Published 04 Jan, 2016 12:00am
THE RUPEE: all-round gains
Exchange

THE RUPEE: all-round gains

All-round gains witnessed on the money market as the rupee managed to pick up versus the dollar during the week-ended on January 2, 2016. In the interbank market, the rupee appreciated by 20 paisas in relation to the dollar for buying and selling at Rs 10
Published 04 Jan, 2016 12:00am
Index gains 2.2 percent
Exchange

Index gains 2.2 percent

Karachi shares market ended the year's last week on a positive note with benchmark KSE100 index rising 2.2 per cent to 33,228.95 points.
Published 04 Jan, 2016 12:00am