BR100 Increased By (2.8%)
BR30 Increased By (3.57%)
KSE100 Increased By (2.38%)
KSE30 Increased By (2.44%)
AGHA 6.12 Increased By ▲ 0.09 (1.49%)
BECO 4.16 Increased By ▲ 0.30 (7.77%)
BML 62.73 Increased By ▲ 1.73 (2.84%)
BOP 30.90 Increased By ▲ 2.81 (10%)
CNERGY 11.97 Increased By ▲ 0.23 (1.96%)
CSIL 5.42 Increased By ▲ 0.12 (2.26%)
FCCL 56.78 Increased By ▲ 2.32 (4.26%)
FFL 13.34 Increased By ▲ 0.27 (2.07%)
FNEL 1.15 Increased By ▲ 0.04 (3.6%)
KEL 6.00 Increased By ▲ 0.37 (6.57%)
KOSM 5.48 Increased By ▲ 0.14 (2.62%)
LOTCHEM 24.37 Increased By ▲ 0.54 (2.27%)
MLCF 97.49 Increased By ▲ 4.51 (4.85%)
NBP 174.50 Increased By ▲ 11.30 (6.92%)
NCPL 48.47 Increased By ▲ 0.20 (0.41%)
NPL 50.23 Increased By ▲ 0.52 (1.05%)
OGDC 310.47 Increased By ▲ 6.84 (2.25%)
PACE 9.05 Increased By ▲ 0.08 (0.89%)
PAEL 33.07 Increased By ▲ 1.16 (3.64%)
PIBTL 13.15 Increased By ▲ 0.41 (3.22%)
PPL 217.17 Increased By ▲ 4.26 (2%)
PRL 85.66 Increased By ▲ 1.32 (1.57%)
PTC 46.19 Increased By ▲ 1.20 (2.67%)
SSGC 23.32 Increased By ▲ 0.49 (2.15%)
TBL 9.02 Increased By ▲ 0.14 (1.58%)
TELE 6.73 Increased By ▲ 0.23 (3.54%)
TPL 26.10 Increased By ▲ 1.84 (7.58%)
TPLP 12.67 Increased By ▲ 0.68 (5.67%)
TREET 23.80 Increased By ▲ 0.66 (2.85%)
TRG 53.17 Increased By ▲ 1.70 (3.3%)
Archive

Markets - Commodities

Saturday, March 14, 2020

US MIDDAY: Gold down 4 percent
Commodities

US MIDDAY: Gold down 4 percent

Gold reversed course on Friday, tumbling as much as 4.5% and heading for its biggest weekly decline since 1983, as investors preferred cash and continued to sell bullion to meet margin calls across other markets. Palladium, meanwhile, dived more than 8%,
Published 14 Mar, 2020 12:00am
US MIDDAY: Corn, wheat up modestly
Commodities

US MIDDAY: Corn, wheat up modestly

US corn and wheat futures were modestly higher on Friday as wider financial markets regained some ground after plummeting on fears of the economic fallout from the global coronavirus outbreak. But soyabean futures fell, hitting life-of-contract lows as cr
Published 14 Mar, 2020 12:00am
Gold gains, palladium heads for record weekly loss in Europe
Commodities

Gold gains, palladium heads for record weekly loss in Europe

Gold rose on Friday as bargain hunters took advantage of the previous day's slide that exceeded 3.5%, but the precious metal was on track for its biggest weekly decline since November 2016. Palladium rose as much as 11.5%, a day after a 28% plunge, and wa
Published 14 Mar, 2020 12:00am
Gold, palladium rebound in Asian trade
Commodities

Gold, palladium rebound in Asian trade

Gold rose slightly on Friday as investors weighed the economic hit from the coronavirus outbreak and as financial markets stabilized a bit after a rout, but the bullion was still headed for its worst week in more than three years.
Published 14 Mar, 2020 12:00am
Raw sugar rises on tight supplies, cocoa slides
Commodities

Raw sugar rises on tight supplies, cocoa slides

Raw sugar futures on ICE rose on Friday, boosted by tightening supplies and broad-based gains in commodity markets, while cocoa fell as rains improved the crop outlook in West Africa. May raw sugar was up 0.22 cents, or 1.9%, at 11.84 cents per lb by 1455
Published 14 Mar, 2020 12:00am
Palm oil suffers 7 percent weekly fall
Commodities

Palm oil suffers 7 percent weekly fall

Malaysian palm oil futures fell 7% for the week even as the contract firmed on strength in rival soyabean oils, as panic over the coronavirus outbreak drove heavy selling across assets. The benchmark palm oil contract for May delivery on the Bursa Malaysi
Published 14 Mar, 2020 12:00am
Tokyo rubber higher, but logs third weekly loss
Commodities

Tokyo rubber higher, but logs third weekly loss

Tokyo Commodity Exchange (TOCOM) futures rebounded from early losses to end higher on Friday, as sentiment improved after equities staged a recovery, but they booked their third straight weekly decline on panic over the coronavirus.
Published 14 Mar, 2020 12:00am
Paris wheat futures slightly higher, rapeseed tumbles
Commodities

Paris wheat futures slightly higher, rapeseed tumbles

Paris wheat futures turned slightly higher on Thursday to recover from an earlier six-month low as a slide in the euro boosted the attractiveness of European supplies and offset pressure from a deepening sell-off in financial markets.
Published 14 Mar, 2020 12:00am
China's iron ore futures edge higher
Commodities

China's iron ore futures edge higher

Iron ore futures in China edged higher on Thursday as fewer new coronavirus cases in the country outweighed negative sentiment stemming from a rout in global equities that fell after the World Health Organization (WHO) labelled the virus a pandemic.
Published 14 Mar, 2020 12:00am
CBOT soyabean futures fall to contract lows
Commodities

CBOT soyabean futures fall to contract lows

Chicago Board of Trade soyabean futures fell on Thursday, joining a broad sell-off in commodities and equities tied to fears that the coronavirus pandemic might trigger a global recession, traders said. CBOT May soyabeans settled down 13-3/4 cents at $8.5
Published 14 Mar, 2020 12:00am
Canadian canola futures fall
Commodities

Canadian canola futures fall

ICE Canadian canola futures fell on Thursday as stock markets slumped and soyabean oil dropped. The agriculture markets are all flushing out in sync with the stock markets, a trader said, adding there were very few buyers and lots of sellers. The Dow Jone
Published 14 Mar, 2020 12:00am