News Archives for Markets - 2020-12-11

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Commodities

Iraq buys more than 110,000 tonnes of local rice

Iraq has bought more than 110,000 tonnes of rice from local farmers so far from five provinces, the trade minister said in a statement on Friday.

Published 11 Dec, 2020 07:58pm

Commodities

Ukraine's grain exports down 14.4pc so far in 2020/21 season

Ukraine accounts for about 16pc of global grain exports, and sold about 57 million tonnes to foreign buyers in the 2019/20 season.

Published 11 Dec, 2020 07:54pm

Commodities

Ukraine 2020 grain harvest 99pc complete at 64.3mn tonnes

It said farmers had almost completed the 2020 corn harvest, threshing 28.8 million tonnes of the commodity from 98pc of the sowing area.

Published 11 Dec, 2020 07:30pm

Commodities

Raw sugar sinks amid risk off sentiment, India export subsidy rumours

March raw sugar fell 0.7pc, to 14.56 cents per lb at 1342 GMT, extending the prior session's 2pc loss.

Updated 11 Dec, 2020 07:22pm

Commodities

Philippines buyers purchase feed wheat and soymeal

The Australian feed wheat was estimated to have been purchased at between $260 and $265 a tonne c&f, traders said.

Published 11 Dec, 2020 06:33pm

Commodities

Palm logs near 1pc weekly fall as December exports slow

Palm oil is affected by price movements in related oils as they compete for a share in the global vegetable oils market.

Published 11 Dec, 2020 05:45pm

Commodities

Gold flat as dollar ticks higher, U.S. stimulus talks drag

Spot gold was little changed at $1,834.55 per ounce at 1047 GMT. U.S. gold futures were flat at $1,838.10.

Published 11 Dec, 2020 05:21pm

Commodities

Copper slips on profit-taking, worries over Brexit, U.S. stimulus

Copper has been buoyed recently by bullish developments, including strong demand from China and possible supply problems.

Published 11 Dec, 2020 05:17pm

Commodities

Asia Rice-Indian rates extend gains to over 2-month high on fresh orders

Prices for the top exporter's 5% broken parboiled variety rose to $378-$383 per tonne, their highest since the week of Sept. 24, from $375-$381 last week.

Published 11 Dec, 2020 11:36am

Commodities

Soybeans set for second weekly decline on smaller cuts to supplies

Brazil's CONAB also cut its corn and soybean crop outlooks on Thursday, citing dry conditions.

Published 11 Dec, 2020 11:11am

Commodities

China iron ore futures surge past 1,000 yuan on supply worries, steel demand

Steel rebar on the Shanghai Futures Exchange gained 0.7% to 4,070 yuan a tonne. Hot-rolled coil was 0.3% higher at 4,3862 yuan a tonne. Stainless steel increased 1.9% to 13,825 yuan a tonne.

Published 11 Dec, 2020 11:02am

Commodities

Gold inches up as weaker dollar outweighs US stimulus worries

Gold is seen as a hedge against inflation and currency debasement likely to result from large stimulus measures.

Published 11 Dec, 2020 10:51am

Commodities

Shanghai nickel jumps on demand outlook, LME benchmark slips

Nickel, used in stainless steel, has gained 13% in the Shanghai bourse this year, while LME nickel has risen around 23% on strong demand from Chinese stainless steel producers and a supply crunch due to an Indonesian export ban.

Published 11 Dec, 2020 10:43am

Commodities

Palm oil may retest resistance at 3,474 ringgit

This move suggests that the bulls have not given up breaking 3,411 ringgit. Indeed, this resistance looks vulnerable under the third attacks by bulls. It may be broken on either Friday or next Monday.

Published 11 Dec, 2020 09:04am

Commodities

Spot gold neutral in $1,828-$1,846 range

Mathematically, this wave is closely related to the preceding downtrend from the Nov. 9 high of $1,965.33. A break above $1,846 could lead to a gain to $1,861.

Published 11 Dec, 2020 09:01am

Commodities

Palm oil snaps three-day losing streak

KUALA LUMPUR: Malaysian palm oil futures rose 1% on Thursday, snapping a three-day losing streak on lower November...

Published 11 Dec, 2020 03:00am

Commodities

US MIDDAY: Gold reverses gains

NEW YORK: Gold eased on Thursday as a failure to significantly breach the $1,850 per ounce resistance level prompted...

Published 11 Dec, 2020 03:00am

Commodities

US MIDDAY: Soyabeans, corn retreat over USDA outlook

CHICAGO: US corn and soyabean futures turned lower on Thursday after the US Department of Agriculture (USDA) trimmed...

Published 11 Dec, 2020 03:00am

Commodities

Gold falls in Asia

SINGAPORE: Gold prices edged lower in Asian trade on Thursday, following a steep sell-off in the previous session, ...

Updated 11 Dec, 2020 10:41am

Commodities

Gold price falls

KARACHI: Gold price on Thursday fell by Rs 750 per tola on the local market, traders said. The fresh fall pulled ...

Published 11 Dec, 2020 03:00am

Commodities

Chinese coking coal futures surge to record high

BEIJING: Chinese coking coal futures closed up 6% at a record high on Wednesday, as falling imports and intensifying...

Published 11 Dec, 2020 03:00am

Commodities

CBOT soyabean futures firm on short covering

CHICAGO: Chicago Board of Trade soyabean futures firmed on Wednesday in a short-covering bounce and as investors...

Published 11 Dec, 2020 03:00am

Commodities

Canadian canola futures rise

WINNIPEG: ICE Canadian canola futures rose on Wednesday, halting a two-day skid, on spillover strength from soya...

Published 11 Dec, 2020 03:00am

Commodities

PMEX daily trading report

KARACHI: On Wednesday, at PMEX the traded value of metals, energy, COTS/FX and indices was recorded at PKR 12.584...

Published 11 Dec, 2020 03:00am

Commodities

Tokyo rubber futures lower

TOKYO: Japanese rubber futures closed lower for a fifth straight session on Thursday after government data showed...

Published 11 Dec, 2020 03:00am

Commodities

Nickel leaps to highest since October 2019

LONDON: Nickel rose more than 4% on Thursday as resurgent demand from Chinese steel mills and a rapid rally in iron...

Published 11 Dec, 2020 03:00am

Commodities

Gold eases in Europe

LONDON: Gold edged lower on Thursday, hovering close to a one-week low hit in the last session, with its appeal...

Published 11 Dec, 2020 03:00am

Commodities

Arabica coffee prices jump more than 3pc; sugar falls

March raw sugar fell 0.31 cent, or 2%, to 14.74 cents per lb.
March New York cocoa settled up $18, or 0.7%, to $2,567 a tonne.
March arabica coffee settled up 4 cents, or 3.4%, at $1.2105 per lb.

Published 11 Dec, 2020 02:38am

Commodities

ICE canola futures dip on profit-taking

US soybean supplies will be smaller than previously forecast, the US Agriculture Department (USDA) said.
January canola gave up 40 cents to $587.40 per tonne.

Published 11 Dec, 2020 02:12am

Commodities

CBOT corn retreats after USDA supply cuts disappoint

CBOT March corn ended 2-1/2 cents lower at $4.21-1/4 cents per bushel after peaking at $4.27-1/2 ahead of the USDA report.
Brazil's CONAB on Thursday lowered its total corn crop estimate for the country to 102.589 million tonnes, from 104.891 million previously.

Published 11 Dec, 2020 02:05am

Commodities

CBOT wheat rises as USDA cuts supply outlook, Russia eyes export curbs

CBOT March soft red winter wheat gained 13-1/4 cents to end at $5.96-1/2 per bushel.
K.C. March hard red winter wheat rallied 12-1/2 cents to $5.63-1/2 a bushel and MGEX March spring wheat rose 7 cents to $5.62-1/2 a bushel.

Published 11 Dec, 2020 02:04am

Commodities

Corn, soybeans retreat as USDA's modest supply cuts disappoint

USDA trims corn, soybean supply less than expected.
Renewed talk of Russian export curbs supports wheat.

Published 11 Dec, 2020 01:52am

Commodities

USDA raises US sugar imports estimate by 400,000 short tonnes

The USDA now expects the country to ship 271,750 more short tonnes of sugar to the United States in the season to a total of 1.16 million short tonnes.
There were new adjustments to US sugar production.

Published 11 Dec, 2020 01:10am

Commodities

Gold reverses gains as investors look past weak US jobs data

ECB increases bond purchases and aid to banks.
US weekly jobless claims surge as COVID-19 infections rise.

Published 11 Dec, 2020 01:07am

Commodities

EU wheat rallies with Chicago on talk of Russian export curbs

March milling wheat, the most active contract on the Paris-based Euronext exchange, settled up 2.00 euros, or 1.0%, at 204.75 euros ($248.01) a tonne.
It earlier rose to 206.50 euros, its highest since Dec. 1, as it extended a rebound from a two-month low on Monday.

Published 11 Dec, 2020 12:53am

Commodities

Corn, soybeans retreat as USDA's modest supply cuts disappoint

USDA trims corn, soybean supply less than expected.
Renewed talk of Russian export curbs supports wheat.

Published 11 Dec, 2020 12:30am

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

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