News Archives for Markets - 2021-02-22

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Commodities

Ivory Coast seeks to sell 100,000 tonnes of cocoa as buyers haggle

There are around 100,000 tonnes of cocoa held by small Ivorian exporters that the CCC is trying to sell, but the problem is that no-one is interested if the differential is not interesting.
Two CCC sources, asking not to be named, confirmed the volumes and the discounts requested by exporters.

Updated 22 Feb, 2021 10:05pm

Commodities

Amplats to raise output after high metals prices boost profit

Miner posts 63% jump in annual profit.
Rand weakness helps to reduce costs.
Aims to boost output by 20% by 2030.
Plans to drive mechanisation of all operations.

Updated 22 Feb, 2021 10:05pm

Commodities

Raw sugar steadies after hitting near four-year peak last week

March raw sugar fell 0.3% to 17.74 cents per lb.
May arabica coffee fell 0.4% to $1.2860 per lb.
May London cocoa rose 1.1% to 1,808 pounds per tonne after dipping to a more than one month low last week.

Updated 22 Feb, 2021 10:05pm

Commodities

Copper leaps above $9,000 a tonne for first time since 2011

Other base metals hit multi-year highs.
Copper up 16% so far this year.
Speculators raise net long position.

Published 22 Feb, 2021 08:06pm

Commodities

Gold rebounds despite higher bond yields

Gold hit seven-month low in previous session.
US Treasury yields reach highest in nearly a year.
Markets await Powell testimony to Congress.

Published 22 Feb, 2021 07:55pm

Commodities

Ivory Coast rains revive hopes for a good cocoa crop

Ivory Coast, the world's top cocoa producer, is in the dry season, when little rain tends to fall from mid-November to March.
All the farmers are happy. The ground received a lot of water, which gives us lots of hope for the mid-crop.

Updated 22 Feb, 2021 10:06pm

Commodities

USDA forecast of tight supplies supports soybeans despite big crops

Forecasts of tight supplies support.
But expected big crops limit gains.
USDA sees record 2021 US corn, soybean crops.

Published 22 Feb, 2021 07:14pm

Commodities

Indonesia to remove royalty payments for downstream coal

The regulation took effect on Feb. 2.

Published 22 Feb, 2021 12:23pm

Commodities

London copper surpasses $9,000/T for first time since Sept 2011

Rapidly rising tin demand from electronic companies and low inventories coupled with supply and shipping disruptions will likely support prices of the shouldering metal in the near term.

Published 22 Feb, 2021 11:50am

Commodities

Palm rises for second day as rival soy, Dalian oils gain

Soyoil prices on the Chicago Board of Trade were up 0.5%. Dalian's most-active soyoil contract and its palm oil contract both gained 2.4%.

Published 22 Feb, 2021 11:45am

Commodities

Malaysia's Feb 1-20 palm oil exports up 14.9% mth/mth: ITS

Cargo surveyor Intertek Testing Services said on Monday.

Published 22 Feb, 2021 11:38am

Commodities

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

The tender also closes on Monday, Feb. 22, they said.

Published 22 Feb, 2021 11:29am

Commodities

Japan crude steel output drops for 11th month in Jan on COVID-19 slump

"Output is expected to improve further as one more blast furnace restarted operation in January," he said.

Published 22 Feb, 2021 11:25am

Commodities

CBOT soybeans may test support at $13.76-3/4

The contract still faces a resistance at $13.89-1/4, only a break above which could signal an extension of the uptrend towards $14.09-1/2.

Published 22 Feb, 2021 11:22am

Commodities

Jordan issues new tender to buy 120,000 tonnes wheat

The deadline for price offers in the tender is Feb. 24.

Published 22 Feb, 2021 11:18am

Commodities

USDA supply outlook pushes soybeans to second session of gains

The most-active wheat contract was up 0.7% at $6.59-3/4 a bushel after ending 1.5% lower in the previous session.

Published 22 Feb, 2021 10:31am

Commodities

Palm oil may retest support at 3,465 ringgit

The weak bounce triggered by the support at 3,465 ringgit could have completed around a falling trendline. The wave C may have resumed.

Published 22 Feb, 2021 10:22am

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 3	3.97 ▲ 0.02

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 5	369.06
Diesel/Litre / Nov 5	391.52
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
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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