AVN 66.65 ▼ -1.33 (-1.96%)

BOP 9.75 ▼ -0.13 (-1.32%)

CHCC 129.95 ▼ -3.55 (-2.66%)

DCL 11.20 ▼ -0.35 (-3.03%)

DGKC 112.84 ▼ -1.51 (-1.32%)

EFERT 60.75 ▲ 0.65 (1.08%)

EPCL 43.75 ▼ -0.25 (-0.57%)

FCCL 21.05 ▲ 0.15 (0.72%)

FFL 17.45 ▼ -0.20 (-1.13%)

HASCOL 20.96 ▼ -0.21 (-0.99%)

HBL 131.75 ▼ -1.25 (-0.94%)

HUBC 80.22 ▼ -1.33 (-1.63%)

HUMNL 8.11 ▼ -0.10 (-1.22%)

JSCL 30.70 ▲ 0.79 (2.64%)

KAPCO 26.49 ▼ -0.41 (-1.52%)

KEL 4.16 ▲ 0.03 (0.73%)

LOTCHEM 12.50 ▼ -0.40 (-3.1%)

MLCF 39.66 ▼ -0.51 (-1.27%)

OGDC 104.33 ▼ -3.92 (-3.62%)

PAEL 36.95 ▼ -1.15 (-3.02%)

PIBTL 13.25 ▼ -0.37 (-2.72%)

PIOC 98.50 ▼ -0.50 (-0.51%)

POWER 9.38 ▲ 0.14 (1.52%)

PPL 93.11 ▼ -2.17 (-2.28%)

PSO 201.50 ▼ -0.50 (-0.25%)

SNGP 63.81 ▼ -1.59 (-2.43%)

STPL 13.90 ▼ -0.41 (-2.87%)

TRG 54.60 ▼ -1.95 (-3.45%)

UNITY 18.10 ▲ 0.49 (2.78%)

WTL 1.19 ▼ -0.03 (-2.46%)

BR100 4,346 ▼ -8.53 (-0.2%)

BR30 22,083 ▼ -141.56 (-0.64%)

KSE100 41,806 ▼ -69.89 (-0.17%)

KSE30 17,659 ▼ -15.57 (-0.09%)

COVID-19 TOTAL ▲ DAILY

CASES 308,217 ▲ 799

DEATHS 6,437 ▲ 5

RECOVERIES 294,392

Business Recorder

Sep 25, 2020 PRINT EDITION ► BR MARKETS ►

<<

Stronger dollar and new COVID-19 cases drag metals lower

Commodities

Stronger dollar and new COVID-19 cases drag metals lower

Investors fretting about the impact of a sharp rise in cases in Europe kept the dollar near two-month highs.
Three-month copper on the London Metal Exchange was down 0.8% at $6,551 a tonne at 1650 GMT after touching its lowest since Aug. 18.

Published 24 Sep, 2020 11:53pm

Ghana raises 2020/21 cocoa farmgate price by 28pc

Commodities

Ghana raises 2020/21 cocoa farmgate price by 28pc

The increase for the 2020/21 season, which begins on Oct. 1, is in line with an expected rise in neighbouring Ivory Coast.
The price rises are largely due to implementation by the two governments of a price floor of $2,600 per tonne.

Published 24 Sep, 2020 11:42pm

CBOT wheat may test support at $5.39

Commodities

CBOT wheat may test support at $5.39

The drop from the Monday high of $5.78-1/4 has adopted a zigzag mode, which consists of three waves.

Published 24 Sep, 2020 04:46pm

Copper declines on robust US dollar, virus worries

Commodities

Copper declines on robust US dollar, virus worries

China remained a net importer of aluminium for a second consecutive month, with August imports surging eightfold from a year earlier.

Published 24 Sep, 2020 04:26pm

NY coffee may rise into $1.1380-$1.15 range

Commodities

NY coffee may rise into $1.1380-$1.15 range

Such a structure strongly signals a reversal of the downtrend, The bullish divergence on the hourly RSI confirms the reversal.

Published 24 Sep, 2020 04:24pm

China's August net gold imports via Hong Kong fall 15pc m/m

Commodities

China's August net gold imports via Hong Kong fall 15pc m/m

Net gold imports via Hong Kong to China, the world's top consumer of the metal, stood at 1.184 tonnes in August, compared with 1.395 tonnes in July, the report showed.

Published 24 Sep, 2020 03:49pm

Japan Q4 aluminium premium rises to $88/T as demand recovers from COVID-19

Commodities

Japan Q4 aluminium premium rises to $88/T as demand recovers from COVID-19

The latest quarterly pricing negotiations began late last month between Japanese buyers and global suppliers including Rio Tinto, and South32.

Published 24 Sep, 2020 03:11pm

Business Recorder

Commodities

PM seeks action plan to increase agriculture productivity

ISLAMABAD: Prime Minister Imran Khan has described food security as a challenge in the face of rapidly increasing...

Published 24 Sep, 2020 02:47am

Business Recorder

Commodities

Gold slides

KARACHI: Gold on Wednesday slid by Rs700 to Rs114000 per tola on the local market, traders said. The yellow metal...

Published 24 Sep, 2020 02:47am

Business Recorder

Commodities

Indonesia developing food-bank estates ‘10 times size of Singapore’

JAKARTA: Indonesia is developing vast farm estates across the archipelago — an area 10 times the size of...

Published 24 Sep, 2020 02:47am

Business Recorder

Commodities

PMEX daily trading report

KARACHI: On Tuesday, PMEX traded value of metals, energy, COTS/FX and indices was recorded at PKR 6.285 billion and...

Published 24 Sep, 2020 02:47am

Business Recorder

Commodities

CBOT soyabean futures rise

CHICAGO: Chicago Board of Trade soyabean futures rose on Tuesday after their biggest daily decline since April 1 a...

Published 24 Sep, 2020 02:47am

Business Recorder

Commodities

CBOT corn futures lower

CHICAGO: Chicago Board of Trade corn futures ended lower again on Tuesday after dropping from a six-month high a day...

Published 24 Sep, 2020 02:47am

Business Recorder

Commodities

Rhodium prices surge to record high

LONDON: Rhodium prices have surged to record highs on production outages caused by the coronavirus and...

Published 24 Sep, 2020 02:47am

Business Recorder

Commodities

Copper prices plummet

LONDON: Copper prices fell sharply on Wednesday as the dollar strengthened, and the slowing pace of the metal’s...

Published 24 Sep, 2020 02:47am

Business Recorder

Commodities

Japan rubber futures fall

TOKYO: Japanese rubber futures fell almost 3 percent, dropping from a near three-week high hit last week, after data...

Published 24 Sep, 2020 02:47am

Business Recorder

Commodities

Palm oil falls over 3pc

KUALA LUMPUR: Malaysian palm oil futures fell more than 3% on Wednesday, tracking weaker rival oils while...

Published 24 Sep, 2020 02:47am

Business Recorder

Commodities

Arabica coffee bounces off two-month low, sugar rises

LONDON: Arabica coffee futures on ICE turned higher on Wednesday after earlier dipping to a two-month low with the...

Published 24 Sep, 2020 02:47am

Business Recorder

Commodities

Gold touches six-week low in Asia

SINGAPORE: Gold prices touched a six-week low on Wednesday, as the dollar strengthened with the coronavirus crisis...

Published 24 Sep, 2020 02:47am

Business Recorder

Commodities

Gold, silver dip in European trade

LONDON: Gold extended losses to its lowest since mid-August on Wednesday as the dollar advanced, with investors...

Published 24 Sep, 2020 02:47am

Business Recorder

Commodities

US MIDDAY: Wheat futures fall

CHICAGO: Chicago Board of Trade wheat futures dropped 1.2% on Wednesday, pressured by a firm dollar that traders ...

Published 24 Sep, 2020 02:47am

Business Recorder

Commodities

US MIDDAY: Gold slips to over two-month low

NEW YORK: Gold prices slumped more than 2% on Wednesday to the lowest level in over two months as the dollar...

Published 24 Sep, 2020 02:47am

Business Recorder

Commodities

Pakistan Mercantile Exchange - PMEX

ISLAMABAD: Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary...

Published 24 Sep, 2020 02:47am

Oil edges up to $42, eyeing Libya and US inventories

Commodities

Oil edges up to $42, eyeing Libya and US inventories

API says US crude inventories rise, fuel stocks fall.
Libyan oil output recovering, OPEC watching progress.
Coming Up: Weekly EIA supply report, 1430 GMT.

Published 24 Sep, 2020 12:47am

Gold slips to over two-month low as dollar gains

Commodities

Gold slips to over two-month low as dollar gains

Silver drops 6% to near 2-month trough.
Dollar index hits 8-week peak.
More stimulus needed to support fragile recovery- Fed's Mester.

Published 24 Sep, 2020 12:46am

Global sugar consumption seen recovering in 2020/21

Commodities

Global sugar consumption seen recovering in 2020/21

In its quarterly report on the global sugar market, the Dutch bank revised its view for the sugar supply balance in 2019/20 from a deficit of 4.3 million tonnes to a deficit of 1 million tonnes,

Published 24 Sep, 2020 12:43am

US wheat futures fall as dollar rallies

Commodities

US wheat futures fall as dollar rallies

K.C. hard red winter wheat futures and MGEX spring wheat futures also posted lower closes.
A weekly USDA report on Thursday morning was expected to show wheat export sales in a range from 250,000 tonnes to 600,000 tonnes.

Published 24 Sep, 2020 12:42am

Cotton futures slip as dollar gains on economic recovery fears

Commodities

Cotton futures slip as dollar gains on economic recovery fears

Cotton contracts for December fell 0.39 cent, or 0.6%, to 65.15 cents per lb,
The dollar rose to its highest since July 27 earlier in the session.

Published 24 Sep, 2020 12:40am

Paris wheat ticks lower in pause after rally

Commodities

Paris wheat ticks lower in pause after rally

A fall in the euro to its lowest level since late July against the dollar limited the drop on Euronext.
The contract had risen on Tuesday to 195.75 euros, its highest since April 23, but faced chart resistance around that level.

Published 23 Sep, 2020 11:52pm

Argentine corn, soy output to fall due to dryness, capital controls, exchange

Commodities

Argentine corn, soy output to fall due to dryness, capital controls, exchange

Total grains production is set to fall 6.1% this year versus the previous season, the exchange said.
Argentina's 2020/21 soy crop is estimated at 46.5 million tonnes versus 49.6 million tonnes harvested in the previous crop year.

Published 23 Sep, 2020 11:33pm

Gainers
Losers
Leaders

Stock	Price
Reliance Weav. / Sep 25 Reliance Weaving Mills Limited(REWM)	31.0000 ▲ 0.65 (2.14%)
First AL-Noor Mod. / Sep 25 First Al-Noor Modaraba(FANM)	3.8900 ▲ 0.21 (1.20%)
TPL Properties / Sep 25 TPL Properties Limited(TPLP)	10.2000 ▲ 0.35 (0.41%)
Engro Powergen / Sep 25 Engro Powergen Qadirpur Limited(EPQL)	21.7883 ▲ 0.89 (0.05%)
Shahmurad / Sep 25 Shahmurad Sugar Mills Limited(SHSML)	100.0000 ▼ 0.00 (0.00%)
Security Papers / Sep 25 Security Papers Limited(SEPL)	213.0000 ▲ 3.00 (0.00%)
Din Tex. / Sep 25 Din Textile Mills Limited(DINT)	47.5600 ▼ 0.00 (0.00%)
Trust Mod. / Sep 25 Trust Modaraba(TRSM)	4.1900 ▲ 0.98 (0.00%)
Security Bank / Sep 25 Security Investment Bank Limited(SIBL)	8.0000 ▼ 0.00 (0.00%)
Tata Textile / Sep 25 Tata Textile Mills Limited(TATM)	35.5000 ▼ 0.00 (0.00%)

Stock	Price
Popular Islamic Mod. / Sep 25 Popular Islamic Modaraba(PIM)	8.0000 ▼ 1.99 (-24.88%)
First Pak Modaraba / Sep 25 First Pak Modaraba(PAKMI)	2.6000 ▼ 0.60 (-17.96%)
Ist Paramount / Sep 25 First Paramount Modaraba(FPRM)	7.4200 ▼ 1.12 (-15.09%)
Al-Mali / Sep 25 Modaraba Al-Mali(MODAM)	7.1011 ▼ 1.10 (-14.29%)
Grays Leas. / Sep 25 Grays Leasing Limited(GRYL)	8.0000 ▼ 0.94 (-11.75%)
Ismail Ind. / Sep 25 Ismail Industries Limited(ISIL)	471.9200 ▼ 51.92 (-11.00%)
Unicap Mod. / Sep 25 Unicap Modaraba(UCAPM)	1.2000 ▼ 0.13 (-10.83%)
Arshad Energy / Sep 25 Arshad Energy Limited(AEL)	11.2700 ▼ 2.17 (-10.51%)
Pervez Ahmed Cons. / Sep 25 Pervez Ahmed Consultancy Services Ltd.(PASL)	1.0500 ▼ 0.10 (-9.52%)
MACPAC Films / Sep 25 MACPAC Films Limited(MACFL)	25.3900 ▼ 2.29 (-9.01%)

Stock	Volume
SILKBANK / Sep 25 Silkbank Limited(SILK)	157,950,500 ▼ 0.15
K-Electric Ltd / Sep 25 K-Electric Limited(KEL)	31,680,000 ▼ 0.19
Unity Foods / Sep 25 Unity Foods Limited(UNITY)	24,248,500 ▼ 1.19
Jahangir Sid. Co. / Sep 25 Jahangir Siddiqui & Co. Ltd.(JSCL)	23,231,000 ▼ 3.58
Hascol Petroleum / Sep 25 Hascol Petroleum Limited(HASCOL)	20,804,500 ▼ 0.65
P.T.C.L.A / Sep 25 Pakistan Telecommunication Company Ltd(PTC)	17,481,000 ▼ 0.46
Power Cement / Sep 25 Power Cement Limited(POWER)	16,270,000 ▼ 0.46
Bank of Punjab / Sep 25 The Bank of Punjab(BOP)	14,398,500 ▼ 0.30
Pak Int.Bulk Ter / Sep 25 Pakistan International Bulk Terminal Limited(PIBTL)	12,677,500 ▼ 0.55
Aisha Steel / Sep 25 Aisha Steel Mills Limited(ASL)	10,138,000 ▼ 0.72

Markets →

Forex
World
Econ

Currency	Rate
USD PKR Interbank Selling / Sep 24	166.25
USD PKR Interbank Buying / Sep 24	166.15
USD to Japanese Yen / Sep 24	105.36
USD to Swiss Franc / Sep 24	0.92
Pound Sterling to USD / Sep 24	1.27
Euro to USD / Sep 24	1.17

Stock	Volume
S&P 500 / Sep 24	3236.92
India Sensex / Sep 24	37668.42
Tokyo Nikkei / Sep 24	23346.49
Nasdaq / Sep 24	10632.98
Hang Seng / Sep 24	23346.49
FTSE 100 / Sep 24	5899.26
Dow Jones / Sep 24	26763.13
Germany DAX 30 / Sep 24	12642.97
France CAC40 / Sep 24	4802.26

Indicator	Value
Weekly Foreign Reserves / Sep 24	19959.00
UK LIBOR % / Sep 24	0.08
GDPGROWTH / Sep 24	5.40
Foreign Debt (PKR billions) / Sep 24	15087.50
Per Capita Income USD (CPI) / Sep 24	1516.00
Average CPI % / Sep 24	11.11

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