News Archives for Markets - 2021-03-08

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Commodities

Raw sugar slips as dollar gains; tight supplies cap losses

May raw sugar fell 1.2% to 16.20 cents per lb.
May London cocoa dipped 0.1% to 1,777 pounds a tonne, having lost 1.6% on Friday to head further away from Wednesday's three-month peak.

Published 08 Mar, 2021 10:03pm

Commodities

US Cash Soymeal-Rail offers firm; Trucks mostly steady

Soymeal crushing remains strong, one mid-south dealer said, driving strong demand for soybean sales across the US Midwest, though most domestic meal buyers have made purchases to last through the end of March.
Chicago Board of Trade March soymeal futures were up $2.20 at $422.20 a ton. The May contract was $2.30 higher at $420.50 a ton.

Updated 08 Mar, 2021 10:18pm

Commodities

Gold falls 1pc as elevated US yields, strong dollar dull appeal

US 10-year yields hold near one-year peak.
US dollar hits 3-month peak.
SPDR gold holdings fell to 10-month low on Friday.

Updated 08 Mar, 2021 10:17pm

Commodities

Soybeans up 10-13 cents; wheat up 3-6 cents; corn up 2-5 cents

CBOT wheat is supported by a strong soybean market, but pressure continues as weather forecasts for the US Southern Plains show beneficial rains for winter wheat there.
Wet weather continues to hamper Brazilian harvest and second crop corn planting, adding support to CBOT corn amid tight global stocks.

Updated 08 Mar, 2021 10:16pm

Commodities

Chile copper export revenue surges 65pc in February as prices soar

Copper exports jumped 65% over the same period the previous year to $3.879 billion, the bank data showed.
Surging copper shipments helped boost overall exports 41% to $7.071 billion in February, the bank said, contributing to a yawning trade surplus of $1.516 billion.

Updated 08 Mar, 2021 10:19pm

Commodities

Copper rises on US stimulus and higher Chinese imports

China, which accounts for about half of all metals demand, imported 4.7% more copper in January-February despite a recent spike in prices while exports grew at a record pace.
Benchmark three-month copper on the London Metal Exchange (LME) rose 0.5% to $8,851 a tonne.

Published 08 Mar, 2021 06:24pm

Commodities

Gold retreats on elevated US yields, strong dollar

US 10-year yields hold near one-year peak.
US dollar hits 3-month peak.
SPDR gold holdings fell to 10-month low on Friday.

Published 08 Mar, 2021 06:21pm

Commodities

Saudi Arabia buys 660,000 tonnes of barley at $279.77/tonne

It was bought at an average price of $279.77 a tonne c&f, SAGO said. The barley was sought from global suppliers for arrival in Saudi Arabia during April and May.

Updated 08 Mar, 2021 05:10pm

Commodities

CBOT wheat may retest resistance at $6.61-3/4

A target of $6.16-1/2 will be established then.

Updated 08 Mar, 2021 05:10pm

Commodities

LME copper may rise towards Feb. 25 high of $9,617 this week

Strategically, the target of $9,617 will be confirmed when copper breaks $9,166. A break below $8,661 could cause a limited fall to $8,435.

Published 08 Mar, 2021 02:35pm

Commodities

Pakistan bought 594,000 T soybeans in recent weeks for 2022 shipment

"Pakistan is currently buying 200,000 to 250,000 tonnes of soybeans monthly due to strong demand for soymeal for poultry," one trader said.

Published 08 Mar, 2021 02:27pm

Commodities

LME aluminium may retest resistance at $2,236 this week

The metal may climb to $2,234 first.

Published 08 Mar, 2021 02:23pm

Commodities

Nickel slumps as electric dreams are rudely disturbed: Andy Home

A new generation of lithium-iron-phosphate batteries, which don't use nickel, is grabbing a growing share of the Chinese market. The technology has even got the Elon Musk nod of approval.

Published 08 Mar, 2021 10:39am

Commodities

Soybeans climb to highest since 2014 on South American crop worries

Large speculators cut their net long position in CBOT corn futures in the week to March 2, regulatory data released on Friday showed.

Published 08 Mar, 2021 10:10am

Commodities

Palm oil rallies nearly 6% to highest since 2011

Palm rose to an intraday high of 5.7% during the session and logged its fourth straight day of gains.

Published 08 Mar, 2021 10:01am

Commodities

Copper edges higher on US stimulus package passage fuels recovery hopes

House of Representatives will vote on it on Tuesday.

Published 08 Mar, 2021 09:56am

Commodities

Palm oil may hover below 3,801 ringgit

The correction may take the shape of a big flat, which consists of three waves.

Published 08 Mar, 2021 09:50am

Commodities

Improving steel margins lift ferrous metal prices in China

A recent decline in crude steel output and an expected boost in Chinese demand this month, after the Lunar New Year holidays in February, have pushed prices higher, they said.

Published 08 Mar, 2021 09:42am

Commodities

Prices of chicken, eggs and grocery items increased

PESHAWAR: A sharp increase in prices of live chicken/meat, eggs, sugar, flour, vegetable, cooking oil and other...

Published 08 Mar, 2021 05:45am

Commodities

Sustainable rice production: Exporters for ensuring decent working conditions

ISLAMABAD: Rice Partners Pvt Ltd (RPL) one of the top rice exporters of Pakistan in collaboration with Helvetas...

Published 08 Mar, 2021 05:45am

Commodities

Farmers urge govt to fix tobacco rate at Rs300/kg

ISLAMABAD: The associations of the farmers Sunday urged the government to fix the tobacco rate at Rs300 per kilogram...

Published 08 Mar, 2021 05:45am

Previous Day

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 4	276.90 ▼ -0.01
USD PKR Interbank Buying / Nov 4	276.70 ▼ -0.01
USD to Japanese Yen / Nov 5	157.93 ▼ -0.35
USD to Swiss Franc / Nov 5	0.81 ▼ -0.0013
Pound Sterling to USD / Nov 5	1.35 ▲ 0.0009
Euro to USD / Nov 5	1.13 ▲ 0.0021
SOFR % / Nov 3	3.97 ▲ 0.02

Stock	Volume
India Sensex / Nov 5	78,847.52
Tokyo Nikkei / Nov 5	61,913.51
Hang Seng / Nov 5	24,705.29
S&P 500 / Nov 4	7,688.62
Nasdaq / Nov 4	25,736.51
FTSE 100 / Nov 4	10,829.21
Dow Jones / Nov 4	53,356.12
Germany DAX 30 / Nov 4	26,437.67
France CAC40 / Nov 4	8,177.89

Item	Value
Petrol/Litre / Nov 5	362
Crude Oil USD/Barrel / Nov 5	87.49
Gold Spot USD/Ounce / Nov 5	4,123.57
Diesel/Litre / Nov 5	387.81
Cotton US¢/pound / Nov 5	78.45
Karachi Cotton PKR/37.32 KG / Nov 4	18,080
Gold 10 Grams PKR / Nov 4	365,257

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Consultancy / Nov 5 Pervez Ahmed Consultancy Services Ltd.(PASL)	6.96 ▲ 1 (16.78%)
Chenab Ltd (Pref) / Nov 5 Chenab Limited (Pref)(CLCPS)	4.04 ▲ 0.57 (16.43%)
Media Times Ltd / Nov 5 Media Times Limited(MDTL)	7.83 ▲ 0.81 (11.54%)
ARM Green Industries / Nov 5 ARM Green Industries Limited(ARMG)	67.78 ▲ 6.16 (10%)
Data Agro / Nov 5 Data Agro Limited(DAAG)	147.94 ▲ 13.45 (10%)
F.Credit & Inv / Nov 5 First Credit and Investment Bank Limited(FCIBL)	187.80 ▲ 17.07 (10%)
Frontier Ceramics / Nov 5 Frontier Ceramics Limited(FRCL)	104.43 ▲ 9.49 (10%)
Grays Leasing / Nov 5 Grays Leasing Limited(GRYL)	73.25 ▲ 6.66 (10%)
J.A.Textile / Nov 5 J.A. Textile Mills Limited(JATM)	79.55 ▲ 7.23 (10%)
Liven Pharma / Nov 5 Liven Pharma Limited(LIVEN)	35.10 ▲ 3.19 (10%)

Stock	Price
Bawany Air Products (R) / Nov 5 Bawany Air Products Limited Right(BAPLR1)	0.62 ▼ -1 (-61.73%)
Unicap Modaraba / Nov 5 Unicap Modaraba(UCAPM)	20.58 ▼ -2.29 (-10.01%)
Shahzad Tex. / Nov 5 Shahzad Textile Mills Limited(SZTM)	148.88 ▼ -15.4 (-9.37%)
Mughal Energy / Nov 5 Mughal Energy Limited(GEM)(GEMMEL)	32.01 ▼ -3.24 (-9.19%)
Nadeem Tex. / Nov 5 Nadeem Textile Mills Limited(NATM)	65 ▼ -5.68 (-8.04%)
Ningbo Green Light / Nov 5 Ningbo Green Light Energy Limited(NGLEL)	11.47 ▼ -1 (-8.02%)
Shahtaj Sugar / Nov 5 Shahtaj Sugar Mills Limited(SHJS)	145 ▼ -10.19 (-6.57%)
Al-Khair Gadoon / Nov 5 Al-Khair Gadoon Limited(AKGL)	52.40 ▼ -3.58 (-6.4%)
Aisha Steel(ConPS) / Nov 5 Aisha Steel(ConPS)(ASLPS)	16.50 ▼ -1.1 (-6.25%)
Aisha Steel (CPS) / Nov 5 Aisha Steel Mills Limited (CPS)(ASLCPS)	73.95 ▼ -4.91 (-6.23%)

Stock	Volume
Pervez Ahmed Consultancy / Nov 5 Pervez Ahmed Consultancy Services Ltd.(PASL)	44,280,306 ▲ 1
B.O.Punjab / Nov 5 The Bank of Punjab(BOP)	41,480,202 ▲ 0.99
Cnergyico PK / Nov 5 Cnergyico PK Limited(CNERGY)	24,022,423 ▼ -0.18
K-Electric Ltd. / Nov 5 K-Electric Limited(KEL)	22,792,112 ▲ 0.04
Media Times Ltd / Nov 5 Media Times Limited(MDTL)	20,412,056 ▲ 0.81
Maple Leaf Cement / Nov 5 Maple Leaf Cement Factory Limited(MLCF)	18,921,725 ▲ 4.41
WorldCall Telecom / Nov 5 Worldcall Telecom Limited(WTL)	12,249,533 ▲ 0.01
Pak Elektron / Nov 5 Pak Elektron Limited(PAEL)	12,211,595 ▲ 1.18
Sui South Gas / Nov 5 Sui Southern Gas Company Limited(SSGC)	10,436,322 ▲ 0.58
F. Nat.Equities / Nov 5 First National Equities Limited(FNEL)	9,205,814 ▲ 0.03

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