News Archives for Markets - 2021-02-12

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Commodities

Gold steadies as dollar pauses; platinum set for over 10pc weekly gain

Platinum likely to see some consolidation – analyst.
Dollar set for its biggest weekly fall in eight weeks.
Silver to benefit from industrial demand recovery – analysts.

Published 12 Feb, 2021 09:54pm

Commodities

Wheat futures firm as US weather eyed; corn, soy ease

Cold temperatures chiefly domestically, lesser so abroad, will keep the wheat trade watching winterkill prospects over the weekend.
Expectations for bumper harvests in South America despite dryness concerns throughout the growing season added pressure to corn and soybeans.

Published 12 Feb, 2021 09:43pm

Commodities

Britain's wheat imports accelerate during December

Wheat imports for the month totalled 332,458 tonnes, up from 208,948 tonnes in November.
Germany was the largest supplier in December, shipping 136,083 tonnes, followed by Denmark with 103,121 tonnes.

Published 12 Feb, 2021 09:32pm

Commodities

Brazil's slow soybean harvest widens US export window

Concerns over tight global soybean supplies after China dramatically increased purchases in recent months ignited a 4.5% US soybean futures rally last month to a 6-1/2-year high.
"We assume this is happening," Anec director Sergio Mendes said by telephone, adding Brazil's low soy availability is elongating the US export window.

Published 12 Feb, 2021 09:07pm

Commodities

Copper dips as Lunar New Year halts Chinese buying

Benchmark copper slipped 0.4% to $8,251 a tonne in official trading after touching an eight-year peak on Thursday, having surged nearly 90% since March last year.
There was some last-minute restocking by the Chinese ahead of their holiday, so when they come back they'll be able to gear up pretty quickly.

Published 12 Feb, 2021 08:24pm

Commodities

Corn steady after volatile week as exports assessed

USDA forecast curbed corn prices.
Soybeans firm as big Brazil crop set against tight US stocks.
Market impetus restrained by Lunar New Year holiday.

Published 12 Feb, 2021 08:15pm

Commodities

Raw sugar slips further from recent peak, coffee also down

March raw sugar fell 0.14 cents, or 0.85%, to 16.41 cents per lb .
May arabica coffee fell 0.5 cents, or 0.4%, to $1.2250 per lb.
May New York cocoa was up $32, or 1.3%, at $2,469 a tonne.

Published 12 Feb, 2021 08:11pm

Commodities

Asia Gold: Volatile prices dim Indian sales; silver shines in some hubs

Indian consumers waiting for further dip in prices- dealer.
Chinese market in $5-$8/oz premiums.

Published 12 Feb, 2021 07:56pm

Commodities

Soybeans up 2-5 cents; corn, wheat up 0-2 cents

The CBOT's most-active soft red winter wheat contract inched higher overnight after falling for a third session on Thursday.
The most-active March wheat contract is poised for a third weekly move downward in the last four weeks, since reaching 6-1/2 year highs the week ended Jan. 15.

Published 12 Feb, 2021 07:52pm

Commodities

Copper dips as Lunar New Year halts Chinese buying

Benchmark copper was down 0.4% at $8,248.50 a tonne by 1140 GMT after touching an eight-year peak on Thursday, having surged nearly 90% since March last year.
There was some last-minute restocking by the Chinese ahead of their holiday, so when they come back they'll be able to gear up pretty quickly.

Published 12 Feb, 2021 06:07pm

Commodities

China's 2020 refined nickel imports slump to 6-year low: Andy Home

It's not that China isn't buying lots of nickel. It's just that it's buying lots of raw material, leaving the refined market undisturbed.

Updated 12 Feb, 2021 11:50pm

Commodities

ASIA RICE-India rates anchored near 3-year peak on strong export demand

Bangladesh imported around 100,000 tonnes of rice mainly from India over the last month and more deals are being finalised, a food ministry official said.

Published 12 Feb, 2021 11:14am

Commodities

Corn firms, set for 1% weekly loss on USDA estimate

The most-active wheat futures were down 1% for the week, their second consecutive weekly loss.

Published 12 Feb, 2021 10:48am

Commodities

Rio Tinto beefs up dispute resolution team for Guinean bauxite

The global miner is battling to restore its reputation around how it manages human rights after it destroyed two ancient rock shelters sacred to Australian Aboriginal people for an iron ore mine last May.

Published 12 Feb, 2021 10:31am

Commodities

Gold prices fall

KARACHI: Gold prices on Thursday fell slightly on the local market, traders said. After a fall of Rs 200, the yellow...

Updated 12 Feb, 2021 11:46pm

Commodities

US MIDDAY: Gold dips

NEW YORK: Gold fell 1% on Thursday, as the dollar halted its slide, while platinum also eased in choppy trading ...

Updated 12 Feb, 2021 11:48pm

Commodities

US MIDDAY: Corn, soya and wheat plummet

CHICAGO: US corn, soyabean and wheat futures posted sharp losses on Wednesday on a round of long liquidation by...

Updated 12 Feb, 2021 11:48pm

Commodities

Copper hovers near 8-year high as Chinese holiday starts

LONDON Copper took a breather on Thursday as Chinese markets closed for the week-long Lunar New Year holiday after...

Updated 12 Feb, 2021 11:47pm

Commodities

Palm oil snaps 5-day rally

KUALA LUMPUR: Malaysian palm oil futures fell 2% on Thursday and snapped a five-day rally, tracking US soyaoil, as...

Updated 12 Feb, 2021 11:47pm

Commodities

Gold inches lower in Asian trade

SINGAPORE: Gold edged lower on Thursday as the dollar’s recovery from a two-week trough hit in the previous ...

Updated 12 Feb, 2021 11:47pm

Commodities

Platinum hovers near 6-year peak in Europe

• Gold listless, silver up 0.6pc LONDON/ROTTERDAM: Platinum extended its gains into a fifth straight session on...

Updated 12 Feb, 2021 11:47pm

Commodities

Corn steadies in Asian trade

SINGAPORE: Chicago corn futures steadied near the end of overnight trading on Thursday after a two-week low as...

Updated 12 Feb, 2021 11:47pm

Commodities

Indian rice rates anchored near 3-year peak

NEW DELHI: Rice export prices in India, the top exporter of the staple, remained anchored near a three-year high ...

Updated 12 Feb, 2021 11:47pm

Commodities

Gold’s rally to slow, not stop, as global economy recovers

BENGALURU: Analysts and traders have downgraded their forecasts for gold but still expect prices to recover from...

Updated 12 Feb, 2021 11:47pm

Commodities

Argentina rains help pump up soyabean, corn crop forecasts

BUENOS AIRES: Abundant rains in recent weeks in Argentina have lifted forecasts for soyabean and corn harvests,...

Updated 12 Feb, 2021 11:47pm

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 3	276.91 ▼ -0.05
USD PKR Interbank Buying / Nov 3	276.71 ▼ -0.01
USD to Japanese Yen / Nov 4	158.12 ▼ -0.25
USD to Swiss Franc / Nov 4	0.82 ▼ -0.0012
Pound Sterling to USD / Nov 4	1.35 ▲ 0.0016
Euro to USD / Nov 4	1.12 ▲ 0.0014
SOFR % / Nov 2	3.95 -

Stock	Volume
India Sensex / Nov 4	76,731.18
Tokyo Nikkei / Nov 4	60,835.36
Hang Seng / Nov 4	23,474.67
FTSE 100 / Nov 4	10,665.01
Germany DAX 30 / Nov 4	25,990.27
France CAC40 / Nov 4	8,057.09
S&P 500 / Nov 3	7,568.92
Nasdaq / Nov 3	25,372.01
Dow Jones / Nov 3	51,786.72

Item	Value
Petrol/Litre / Nov 4	369.06
Crude Oil USD/Barrel / Nov 4	96.56
Karachi Cotton PKR/37.32 KG / Nov 4	18,080
Gold 10 Grams PKR / Nov 4	365,257
Gold Spot USD/Ounce / Nov 4	4,017.43
Diesel/Litre / Nov 4	391.52
Cotton US¢/pound / Nov 4	78.20

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Consultancy / Nov 4 Pervez Ahmed Consultancy Services Ltd.(PASL)	5.96 ▲ 1 (20.16%)
Kohinoor Mills / Nov 4 Kohinoor Mills Limited(KML)	8.77 ▲ 0.9 (11.44%)
First AL-Noor Mod. / Nov 4 First Al-Noor Modaraba(FANM)	10.62 ▲ 1 (10.4%)
Burshane LPG / Nov 4 Burshane LPG (Pakistan) Limited(BPL)	65.53 ▲ 5.96 (10.01%)
Paramount Mod / Nov 4 First Paramount Modaraba(FPRM)	13.52 ▲ 1.23 (10.01%)
ARM Green Industries / Nov 4 ARM Green Industries Limited(ARMG)	61.62 ▲ 5.6 (10%)
B.O.Punjab / Nov 4 The Bank of Punjab(BOP)	30.90 ▲ 2.81 (10%)
Data Agro / Nov 4 Data Agro Limited(DAAG)	134.49 ▲ 12.23 (10%)
Dadex Eternit / Nov 4 Dadex Eternit Limited(DADX)	133.65 ▲ 12.15 (10%)
F.Credit & Inv / Nov 4 First Credit and Investment Bank Limited(FCIBL)	170.73 ▲ 15.52 (10%)

Stock	Price
Bawany Air Products (R) / Nov 4 Bawany Air Products Limited Right(BAPLR1)	1.62 ▼ -1 (-38.17%)
Sindh Modaraba / Nov 4 Sindh Modaraba(SINDM)	66.58 ▼ -7.4 (-10%)
Unicap Modaraba / Nov 4 Unicap Modaraba(UCAPM)	22.87 ▼ -2.54 (-10%)
Select Technologies / Nov 4 Select Technologies Limited(SELECT)	21.85 ▼ -2.39 (-9.86%)
Ningbo Green Light / Nov 4 Ningbo Green Light Energy Limited(NGLEL)	12.47 ▼ -1.35 (-9.77%)
Nets Internat.Comm. / Nov 4 Nets International Communication Limited(GEMNETS)	22.04 ▼ -1.96 (-8.17%)
Bawany Air Products / Nov 4 Bawany Air Products Limited(BAPL)	15.24 ▼ -1.14 (-6.96%)
Quetta Textile / Nov 4 Quetta Textile Mills Limited(QUET)	14.16 ▼ -0.99 (-6.53%)
Arctic Textile / Nov 4 Arctic Textile Mills Limited(ARCTM)	73.72 ▼ -5.02 (-6.38%)
Premier Insurance (R) / Nov 4 Premier Insurance Limited (RIGHT)(PINLR)	0.75 ▼ -0.05 (-6.25%)

Stock	Volume
TPL Properties / Nov 4 TPL Properties Limited(TPLP)	67,850,995 ▲ 0.68
B.O.Punjab / Nov 4 The Bank of Punjab(BOP)	58,197,068 ▲ 2.81
K-Electric Ltd. / Nov 4 K-Electric Limited(KEL)	57,363,507 ▲ 0.37
Cnergyico PK / Nov 4 Cnergyico PK Limited(CNERGY)	52,074,270 ▲ 0.23
Pervez Ahmed Consultancy / Nov 4 Pervez Ahmed Consultancy Services Ltd.(PASL)	42,695,909 ▲ 1
WorldCall Telecom / Nov 4 Worldcall Telecom Limited(WTL)	28,045,596 ▼ -0.01
Maple Leaf Cement / Nov 4 Maple Leaf Cement Factory Limited(MLCF)	22,403,199 ▲ 4.51
Pak Elektron / Nov 4 Pak Elektron Limited(PAEL)	17,418,970 ▲ 1.16
Bawany Air Products (R) / Nov 4 Bawany Air Products Limited Right(BAPLR1)	16,696,187 ▼ -1
Beco Steel Ltd / Nov 4 Beco Steel Limited(BECO)	15,130,613 ▲ 0.3

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