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Jun 06, 2020 PRINT EDITION
Markets
Gold rate declines by Rs100

Gold rate declines by Rs100

KARACHI: Gold price on Friday was tagged for Rs97600 per tola, down by Rs100 in the local market, traders said.

The...

Updated Jun 06, 2020 03:38am
Markets
PMEX daily trading report

PMEX daily trading report

KARACHI: On Thursday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,248. The traded value...

Published Jun 06, 2020 02:46am
Markets
Copper prices surge

Copper prices surge

LONDON: Copper prices surged on Friday to the highest in 13 weeks as an unexpected increase in US employment in May...

Published Jun 06, 2020 02:46am
Markets
Palm oil logs 4th weekly gain

Palm oil logs 4th weekly gain

KUALA LUMPUR: Malaysian palm oil futures ended a volatile session higher on Friday, logging their fourth straight...

Published Jun 06, 2020 02:46am
Markets
Cotton futures surge

Cotton futures surge

NEW YORK: ICE cotton futures rose more than 3% on Friday en route to its best week since February 2018, helped by a...

Published Jun 06, 2020 02:46am
Markets
Cotton Spot Rates

Cotton Spot Rates

KARACHI: Official KCA spot rates for local dealings in Pakistan rupees on Friday (June 5, 2020)....

Published Jun 06, 2020 02:46am
Markets
CBOT corn may rise towards $3.32-1/4

CBOT corn may rise towards $3.32-1/4

  • The resistance is identified as the 86.4pc projection level of an upward wave C from $3.16, which is capable of travelling to or above $3.32-1/4.
  • Support is at $3.28-1/4, a break below which could cause a fall to $3.26.
Published Jun 05, 2020 05:25pm
Markets
French soft wheat crop rating stable at nine-year low

French soft wheat crop rating stable at nine-year low

  • That was down from 80pc a year earlier and the lowest score for the time of year since 2011, when France experienced a severe spring drought.
  • FranceAgriMer's good/excellent score for winter barley was stable at 52pc, while the spring barley rating f
Published Jun 05, 2020 03:27pm
Markets
Malaysia exempts palm oil from export duty

Malaysia exempts palm oil from export duty

  • The world's second largest producer and exporter of the edible oil had already lowered its export duty in crude palm oil to 0% this month.
  • Prime Minister Muhyiddin Yassin on Friday said crude palm oil, crude palm kernel oil and processed palm kernel
Published Jun 05, 2020 03:12pm
Markets
Gold eases as risk appetite grows; focus on US jobs data

Gold eases as risk appetite grows; focus on US jobs data

  • Spot gold was down 0.2pc to $1,707.70 per ounce at 0928 GMT. US gold futures were down 0.8pc to $1,713.40.
  • The ECB approved a bigger-than-expected expansion of its stimulus package on Thursday, which added to investors confidence to buy riskier asse
Published Jun 05, 2020 02:56pm
Markets

PMEX daily trading report

KARACHI: On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,240.

The traded...

Published Jun 05, 2020 03:07am
Markets

Cotton futures drop

NEW YORK: ICE cotton futures fell on Thursday on a weekly federal export report that showed large cancellations,...

Published Jun 05, 2020 03:07am
Markets

Palm oil ends lower

KUALA LUMPUR: Malaysian palm oil futures closed 3% lower on Thursday, as investors booked profits after two days of...

Published Jun 05, 2020 03:07am
Markets

Copper inches higher

LONDON: Copper prices rose on Thursday towards 2-1/2 month highs reached in the previous session as the European...

Published Jun 05, 2020 03:07am