News Archives for Markets - 2020-12-07

<<>>

Commodities

Russian wheat prices down amid healthy supply

Sovecon, another agriculture consultancy in Moscow, said wheat and barley were steady at $255 and $216 a tonne, respectively.

Published 07 Dec, 2020 08:08pm

Commodities

SOFTS-Raw sugar nears 1-month low; cocoa and coffee also fall

Speculators cut their net long position in ICE raw sugar in the week to Dec. 1 by 16,551 contracts to 176,330 contracts, data showed.

Published 07 Dec, 2020 07:53pm

Commodities

Copper retreats from 8-year peak on profit-taking

Earlier prices of the metal used widely in the power and construction industries touched $7,800 a tonne, the highest since March 2013.

Published 07 Dec, 2020 07:44pm

Commodities

CBOT wheat may test support at $5.66-1/2

Based on the consolidation range from $5.73 to $5.89-3/4, wheat may drop to $5.55-3/4.

Published 07 Dec, 2020 05:49pm

Commodities

Taiwan's MFIG tenders to buy up to 65,000 tonnes corn

Shipment is between Feb. 21 and March 12 if the corn is sourced from the U.S. Gulf, Brazil or Argentina, they said.

Published 07 Dec, 2020 05:46pm

Commodities

South Korea's NOFI buys about 69,000 tonnes corn in tender

The corn purchased was expected to be sourced from the U.S. Pacific Northwest coast, traders said.

Published 07 Dec, 2020 05:33pm

Commodities

Algeria believed to pass in tender for 25,000 tonnes barley

ONAB is believed to have bought about 35,000 tonnes of animal feed corn in a separate tender last week.

Published 07 Dec, 2020 05:07pm

Commodities

One Japanese buyer agrees to pay Q1 aluminium premium of $130/T, up 48pc from Q4

The figure is higher than the $88 per tonne paid in October to December and marks a second consecutive quarterly increase and the highest since the July-September quarter in 2018.

Published 07 Dec, 2020 05:05pm

Commodities

Gold slips on firmer dollar, vaccine rollout

Spot gold prices were 0.3pc lower at $1,832.30 per ounce by 1027 GMT, while U.S. gold futures were down 0.2pc at $1,836.10.

Published 07 Dec, 2020 04:42pm

Commodities

Palm drops 1pc as CBOT soyoil weakens, tight supply forecast supports

The benchmark palm oil contract for February delivery on the Bursa Malaysia Derivatives Exchange ended down 42 ringgit, or 1.22pc, at 3,395 ringgit ($834.15) a tonne.

Published 07 Dec, 2020 04:33pm

Commodities

Ivory Coast cocoa arrivals reached 729,662 T by Nov. 30

Cocoa arrivals at ports in top grower Ivory Coast reached 729,662 tonnes between Oct. 1 and Nov. 30.

Published 07 Dec, 2020 01:01pm

Commodities

Gold edges higher as US stimulus bets outweigh vaccine hopes

However, gold's gains were capped as Britain prepared to become the first country to roll out the Pfizer/BioNTech COVID-19 vaccine this week.

Published 07 Dec, 2020 12:43pm

Commodities

South Korea's NOFI tenders to buy up to 69,000 tonnes corn

NOFI sought yellow corn equivalent to US number 3 grade or better in one consignment of between 45,000 to 69,000 tonnes with the seller free to decide the volume to be offered inside this range.

Published 07 Dec, 2020 12:37pm

Commodities

China's November iron ore imports fall 8.1% m/m on falling shipments

Imports of steel products, meanwhile, further eased to 1.85 million tonnes in November from 1.93 million tonnes a month earlier.

Published 07 Dec, 2020 11:59am

Commodities

China's Nov soy imports soar to 9.59mn T on rising US trade truce cargoes

Crushers also ramped up on imports of Brazilian beans earlier in the year amid steadily recovering pig herds.

Published 07 Dec, 2020 11:56am

Commodities

China Nov copper imports fall to 6-month low as arbitrage window slams shut

Concentrate supply remains tight as miners and smelters negotiate treatment and refining charges for 2021.

Published 07 Dec, 2020 11:41am

Commodities

Wheat falls to lowest since early October on supply pressure

China's soybean imports in November jumped from the previous year, customs data showed, as cargoes booked from the United States following the Phase 1 trade deal cleared customs.

Published 07 Dec, 2020 11:35am

Commodities

CBOT corn may revisit Dec. 2 low of $4.14-1/2

8 A retracement analysis on the rise from $3.96 to $4.39-1/2 reveals a target of $4.12-1/2, the 61.8% level, which is close to $4.12.

Published 07 Dec, 2020 11:25am

Commodities

Palm oil may rise into 3,474-3,504 ringgit range

Immediate support is at 3,426 ringgit, a break below which could cause a fall into 3,348-3,381 ringgit range.

Published 07 Dec, 2020 09:28am

Commodities

China scores coal own goal as domestic, import prices surge

In fact, for the first 11 months of the year, China's imports from Indonesia were down 24%, while those from Australia were 11% lower.

Published 07 Dec, 2020 09:24am

Commodities

Spot gold may drop into $1,796-$1,816 range

On the daily chart, a projection analysis reveals a similar resistance at $1,853, the 50% level of a downward wave C from $1,965.33.

Published 07 Dec, 2020 09:01am

Commodities

Palm gains on lower supply forecast; weaker soyoil weighs

The contract rose 3% last week and is trading $8 above soyoil prices on the Chicago Board of Trade, which were down 1%.

Published 07 Dec, 2020 08:46am

Commodities

Nippon Steel plans to boost overseas capacity, scale down at home

TOKYO: Nippon Steel Corp is planning to raise output capacity in overseas markets such as India and the United ...

Published 07 Dec, 2020 03:11am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 5	276.87 ▼ -0.03
USD PKR Interbank Buying / Nov 5	276.67 ▼ -0.03
USD to Japanese Yen / Nov 6	158.06 ▲ 0.52
USD to Swiss Franc / Nov 6	0.82 ▲ 0.0014
Pound Sterling to USD / Nov 6	1.34 ▼ -0.0034
Euro to USD / Nov 6	1.12 ▼ -0.0033
SOFR % / Nov 4	3.94 ▼ -0.03

Stock	Volume
India Sensex / Nov 6	79,976.76
Tokyo Nikkei / Nov 6	57,858.61
Hang Seng / Nov 6	24,635
FTSE 100 / Nov 6	10,609.78
Germany DAX 30 / Nov 6	25,919.48
France CAC40 / Nov 6	8,098.11
S&P 500 / Nov 5	7,353.73
Nasdaq / Nov 5	24,315
Dow Jones / Nov 5	51,523.06

Item	Value
Petrol/Litre / Nov 6	352.59
Crude Oil USD/Barrel / Nov 6	91.72
Gold 10 Grams PKR / Nov 6	367,914
Gold Spot USD/Ounce / Nov 6	4,046.79
Diesel/Litre / Nov 6	382.25
Cotton US¢/pound / Nov 6	78.52
Karachi Cotton PKR/37.32 KG / Nov 5	18,080

Gainers
Losers
Leaders

Stock	Price
LSE Financial Serv. / Nov 6 LSE Financial Services Limited(LSEFSL)	2.76 ▲ 0.42 (17.95%)
Chenab Ltd (Pref) / Nov 6 Chenab Limited (Pref)(CLCPS)	4.70 ▲ 0.7 (17.5%)
Security Investment Bank / Nov 6 Security Investment Bank Limited(SIBL)	7.53 ▲ 1 (15.31%)
Pervez Ahmed Consultancy / Nov 6 Pervez Ahmed Consultancy Services Ltd.(PASL)	7.96 ▲ 1 (14.37%)
Ningbo Green Light / Nov 6 Ningbo Green Light Energy Limited(NGLEL)	12.62 ▲ 1.15 (10.03%)
First AL-Noor Mod. / Nov 6 First Al-Noor Modaraba(FANM)	12.85 ▲ 1.17 (10.02%)
Grays Leasing / Nov 6 Grays Leasing Limited(GRYL)	80.58 ▲ 7.33 (10.01%)
J.A.Textile / Nov 6 J.A. Textile Mills Limited(JATM)	87.51 ▲ 7.96 (10.01%)
ARM Green Industries / Nov 6 ARM Green Industries Limited(ARMG)	74.56 ▲ 6.78 (10%)
Baba Farid Sugar / Nov 6 Baba Farid Sugar Mills Limited(BAFS)	459.83 ▲ 41.8 (10%)

Stock	Price
Bawany Air Products (R) / Nov 6 Bawany Air Products Limited Right(BAPLR1)	0.02 ▼ -0.6 (-96.77%)
Premier Insurance (R) / Nov 6 Premier Insurance Limited (RIGHT)(PINLR)	0.61 ▼ -0.09 (-12.86%)
Escorts Bank / Nov 6 Escorts Investment Bank Limited(ESBL)	12.14 ▼ -1.35 (-10.01%)
Sindh Modaraba / Nov 6 Sindh Modaraba(SINDM)	65.92 ▼ -7.32 (-9.99%)
Ellcot Spinning / Nov 6 Ellcot Spinning Mills Limited(ELSM)	201 ▼ -21.39 (-9.62%)
Nadeem Tex. / Nov 6 Nadeem Textile Mills Limited(NATM)	64.15 ▼ -6.53 (-9.24%)
Mughal Energy / Nov 6 Mughal Energy Limited(GEM)(GEMMEL)	32.25 ▼ -3 (-8.51%)
Universal Ins. / Nov 6 The Universal Insurance Company Limited(UVIC)	18.50 ▼ -1.72 (-8.51%)
J.K.Spinning / Nov 6 J.K. Spinning Mills Limited(JKSM)	390 ▼ -35 (-8.24%)
Paramount Spinning / Nov 6 Paramount Spinning Mills Limited(PASM)	9.25 ▼ -0.75 (-7.5%)

Stock	Volume
Bawany Air Products (R) / Nov 6 Bawany Air Products Limited Right(BAPLR1)	684,470,556 ▼ -0.6
Tasdeeq Info. Serv. / Nov 6 Tasdeeq Information Services Limited(TISL)	140,531,169 ▲ 0.36
WorldCall Telecom / Nov 6 Worldcall Telecom Limited(WTL)	71,990,851 ▲ 0.08
Cnergyico PK / Nov 6 Cnergyico PK Limited(CNERGY)	47,565,462 ▲ 0.05
Media Times Ltd / Nov 6 Media Times Limited(MDTL)	41,073,385 ▼ -0.1
Pervez Ahmed Consultancy / Nov 6 Pervez Ahmed Consultancy Services Ltd.(PASL)	24,768,400 ▲ 1
Trust Sec.& Brok. / Nov 6 Trust Securities & Brokerage Limited(TSBL)	24,672,847 ▲ 0.04
TPL Properties / Nov 6 TPL Properties Limited(TPLP)	23,713,793 ▲ 0.04
B.O.Punjab / Nov 6 The Bank of Punjab(BOP)	21,201,988 ▼ -0.79
Ist.Capital Sec / Nov 6 First Capital Securities Corporation(FCSC)	21,174,637 ▲ 0.28

Most Popular