News Archives for Markets - 2021-04-08

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Commodities

Copper rises on supply concerns, lower U.S. dollar

Prices of the metal used widely in the power and construction industries are down 6pc since hitting 9-1/2-year highs of $9,617 last month.

Updated 09 Apr, 2021 12:08am

Commodities

Corn gains on exports, ethanol optimism

Wheat gained as frigid temperatures across Europe and the Black Sea region threatened crops. Soybeans were also firmer.

Updated 09 Apr, 2021 12:07am

Commodities

Gold firms near 1-month peak as dollar, U.S. yields retreat

Spot gold rose 1.11pc to $1,756.56 per ounce by 1:43 p.m. EDT (1743 GMT), having earlier hit its highest since March 1 at $1,758.45.

Updated 09 Apr, 2021 12:07am

Commodities

Gold tops 1-month peak as dollar, US yields retreat

US weekly jobless claims unexpectedly rise.
Markets eye Powell's speech at IMF conference.
Silver hits over two-week peak.

Published 08 Apr, 2021 08:32pm

Commodities

Arabica coffee prices rise with supplies set to tighten

May arabica coffee rose by 1.25 cents, or 1%, to $1.28 per lb.
May raw sugar rose by 0.04 cents, or 0.3%, to 15.18 cents per lb.
May London cocoa fell by 33 pounds, or 1.95%, to 1,660 pounds a tonne, weighed partly by diminished concerns about short-term tightness in tenderable supplies.

Published 08 Apr, 2021 08:17pm

Commodities

Weaker currencies push Indian, Thai export rates lower

Thai rates dip to over five-month low.
Bangladesh looking to buy more rice, mostly from India.
Vietnamese paddy rates also dip amid concerns over quality.

Published 08 Apr, 2021 06:07pm

Commodities

Gold hits 3-week peak as Fed's dovish tone pressures dollar, yields

Fed committed to support economy until recovery more secure.
Markets eye Powell's speech at IMF conference
Silver hits over two-week peak.

Published 08 Apr, 2021 05:55pm

Commodities

Copper climbs on supply concerns, lower dollar

"Copper prices have settled around $9,000, not $8,000, which tells you the market is fairly tight," said Guy Wolf, global head of analytics at Marex.
"The outlook is very uncertain, the key thing is will vaccines stop the spread of the coronavirus. Once people believe the vaccine stops you infecting other people, things will start moving."

Published 08 Apr, 2021 05:51pm

Commodities

Wheat rallies as weather risks return; corn and soy steady

Dry weather expected to slow US spring wheat planting.
Corn and soy steady, underpinned by tightening supply.
Market awaiting USDA supply-demand update on Friday.

Published 08 Apr, 2021 05:48pm

Commodities

CBOT soybeans may fall into $13.78-1/2 to $13.91-1/2 range

On the daily chart, the pattern around $14.54-3/4 looks like a double-top, based on the weak bounce from the April 1 low of $13.98-1/2.

Published 08 Apr, 2021 12:51pm

Commodities

Wheat firms as dry weather threatens North American plantings

Brazil's second-crop corn planting could see yields trimmed by an estimated 3.6% this year, Agroconsult said.

Published 08 Apr, 2021 12:27pm

Commodities

Wheat lifted on spring planting concerns

Brazil's soybean harvest is poised for a record yield, pressuring the US oilseed market.

Published 08 Apr, 2021 12:26pm

Commodities

USDA to expand forecasts on soyoil use in biofuels in May crop report

Further details of the USDA's reporting changes will be released on Thursday, an agency spokesperson said.

Published 08 Apr, 2021 12:21pm

Commodities

China steel prices retreat from record peaks, drag iron ore lower

The pullback in steel prices dragged raw material iron ore futures lower, with the most-active September contract on the Dalian Commodity Exchange down 0.7%.

Published 08 Apr, 2021 12:12pm

Commodities

Bangladesh tenders to buy 50,000 tonnes rice via land transport

It has emerged as a big importer due to depleted stocks and record prices after repeated flooding ravaged its crop.

Published 08 Apr, 2021 11:51am

Commodities

Palm oil may test resistance at 3,926 ringgit

The answer could be with the support at 3,761 ringgit, a break below which will confirm the pattern.

Published 08 Apr, 2021 11:28am

Commodities

Palm tracks rival oils lower, down after 3 days of gains

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

Published 08 Apr, 2021 11:20am

Commodities

Ex-mill and retail prices of sugar: SAPM defends Punjab govt’s decision

LAHORE: Rejecting the notion that the Punjab government “unjustifiably” fixed the ex-mill and retail prices of...

Published 08 Apr, 2021 04:10am

Commodities

Scrap import: PSRMA suggests steps to curb misdeclaration

KARACHI: Pakistan Steel Re-Rolling Mills’ Association (PSRMA) has proposed destuffing and examination of each and...

Published 08 Apr, 2021 04:10am

Commodities

PMEX daily trading report

KARACHI: On Tuesday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 10.926...

Published 08 Apr, 2021 04:10am

Commodities

CBOT wheat futures gain on spring planting worries

CBOT May soft red winter wheat settled 3/4 cent higher at $6.16-1/4 per bushel.

Updated 08 Apr, 2021 09:06am

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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