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اردو

Jul 22, 2026 اردو

Print Edition BR Markets Dollar to PKR

Intl Oil Prices Iran-US war Petrol Prices Gold Rates Podcasts PSX Notices

Markets

Asia Fuel Oil-Arbitrage spread climbs to near 2-year high

Published September 26, 2018 Updated September 26, 2018 12:07pm

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By Shoaib Ur Rehman Reuters

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SINGAPORE: The second-month East-West (EW) arbitrage spread was trading at a near two-year high on Wednesday as expectations of tightening fuel oil supplies in Asia continued to feed bullish sentiment, but arbitrage opportunities from West of the Suez to Singapore were limited by strong backwardation in the fuel oil market, trade sources said.

The 380-cst fuel oil November arbitrage spread was at $23.75 a tonne, up from about $23 a tonne in the previous session and its highest since December 2016.

Meanwhile, fuel oil inventories in the Fujairah oil hub sank to a near seven-month low this week, official data showed on Wednesday.

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 21	278.12
USD PKR Interbank Buying / Jul 21	277.92
USD to Japanese Yen / Jul 22	163.08
USD to Swiss Franc / Jul 22	0.81
Pound Sterling to USD / Jul 22	1.34
Euro to USD / Jul 22	1.14
SOFR % / Jul 21	3.59

Stock	Volume
S&P 500 / Jul 21	7,509.20
Nasdaq / Jul 21	25,837.21
FTSE 100 / Jul 21	10,585.91
Dow Jones / Jul 21	52,224.64
Germany DAX 30 / Jul 21	25,011.35
France CAC40 / Jul 21	8,363.14
India Sensex / Jul 22	76,694.63
Tokyo Nikkei / Jul 22	67,511.12
Hang Seng / Jul 22	24,903.04

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 21	18,880
Gold 10 Grams PKR / Jul 21	368,000
Petrol/Litre / Jul 22	320.73
Crude Oil USD/Barrel / Jul 22	86.22
Gold Spot USD/Ounce / Jul 22	4,114.27
Diesel/Litre / Jul 22	367.21
Cotton US¢/pound / Jul 22	80.13

Gainers
Losers
Leaders

Stock	Price
Sally Textile / Jul 22 Sally Textile Mills Limited(SLYT)	16.13 ▲ 1.47 (10.03%)
Dadabhoy Cement / Jul 22 Dadabhoy Cement Industries Limited(DBCI)	22.64 ▲ 2.06 (10.01%)
F.Credit & Inv / Jul 22 First Credit and Investment Bank Limited(FCIBL)	35.93 ▲ 3.27 (10.01%)
Gammon Pak / Jul 22 Gammon Pakistan Limited(GAMON)	24.18 ▲ 2.2 (10.01%)
Olympia Mills / Jul 22 Olympia Mills Limited(OML)	143.19 ▲ 13.02 (10%)
Ahmad Hassan / Jul 22 Ahmad Hassan Textile Mills Limited(AHTM)	121.25 ▲ 11.02 (10%)
Fateh Sports / Jul 22 Fateh Sports Wear Limited(FSWL)	142.71 ▲ 12.97 (10%)
The Thal Ind.Corp. / Jul 22 The Thal Industries Corporation Limited(TICL)	1,048.37 ▲ 95.31 (10%)
Asia Ins. / Jul 22 Asia Insurance Company Limited(ASIC)	45.86 ▲ 4.17 (10%)
Hala Enterprise / Jul 22 Hala Enterprises Limited(HAEL)	30.99 ▲ 2.78 (9.85%)

Stock	Price
Khairpur Sug. / Jul 22 Khairpur Sugar Mills Limited(KPUS)	1,364.30 ▼ -151.59 (-10%)
Suhail Jute / Jul 22 Suhail Jute Mills Limited(SUHJ)	243.87 ▼ -27.1 (-10%)
Aisha Steel (CPS) / Jul 22 Aisha Steel Mills Limited (CPS)(ASLCPS)	64 ▼ -6.94 (-9.78%)
Shams Textile / Jul 22 Shams Textile Mills Limited(STML)	54.30 ▼ -5.38 (-9.01%)
Pak. P.V.C. / Jul 22 Pakistan PVC Limited(PPVC)	26.13 ▼ -2.38 (-8.35%)
Ideal Dynamics / Jul 22 Ideal Dynamics Limited(IDEAL)	47 ▼ -4.1 (-8.02%)
Crescent Cotton / Jul 22 Crescent Cotton Mills Limited(CCM)	60.60 ▼ -4.26 (-6.57%)
First IBL Mod. / Jul 22 First IBL Modaraba(FIBLM)	14.29 ▼ -0.98 (-6.42%)
TPL Insurance / Jul 22 TPL Insurance Limited(TPLI)	65.80 ▼ -4.3 (-6.13%)
Husein Industries / Jul 22 Husein Industries Limited(HUSI)	56.88 ▼ -3.62 (-5.98%)

Stock	Volume
Trust Sec.& Brok. / Jul 22 Trust Securities & Brokerage Limited(TSBL)	83,405,217 ▲ 0.07
Cnergyico PK / Jul 22 Cnergyico PK Limited(CNERGY)	65,715,092 ▲ 0.05
TPL Properties / Jul 22 TPL Properties Limited(TPLP)	26,911,635 ▲ 0.18
Pak Refinery / Jul 22 Pakistan Refinery Limited(PRL)	19,972,929 ▲ 1.86
B.O.Punjab / Jul 22 The Bank of Punjab(BOP)	13,610,644 ▲ 0.07
F. Nat.Equities / Jul 22 First National Equities Limited(FNEL)	9,050,514 ▲ 0
TPL Corp Ltd / Jul 22 TPL Corp Limited(TPL)	8,121,612 ▲ 0.11
K-Electric Ltd. / Jul 22 K-Electric Limited(KEL)	7,671,582 ▼ -0.16
Maple Leaf Cement / Jul 22 Maple Leaf Cement Factory Limited(MLCF)	6,535,310 ▼ -2.06
WorldCall Telecom / Jul 22 Worldcall Telecom Limited(WTL)	6,210,327 ▼ -0.01