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May 12, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Markets » Exchange

Chinese funds take bets on short-term metals rise
Exchange

Chinese funds take bets on short-term metals rise

Some big Chinese commodity funds are positioning for a short-term uptick in metals prices despite a poor longer-term outlook, expecting supplies to tighten over the next three to six months as Beijing acts to strengthen its economy. Chinese commodity fund
Published 15 Jan, 2016 12:00am
Wall Street resumes selloff; S&P lowest since September
Exchange

Wall Street resumes selloff; S&P lowest since September

US stocks sank on Wednesday, pushing the S&P 500 to close below 1,900 for the first time since September as investors grew anxious about weak energy prices, US corporate earnings and the global economy. All 10 S&P 500 sectors ended in the red, led by cons
Published 15 Jan, 2016 12:00am
PSX hit by panic selling
Exchange

PSX hit by panic selling

China-led uncertainty over the global economic growth and falling oil prices triggered panic selling on Pakistan Stock Exchange (PSX), which tumbled the index by 2.22 percent. The trading week's second last session saw regional equities suffering losses b
Published 15 Jan, 2016 12:00am
Gold falls in Europe
Exchange

Gold falls in Europe

Gold fell on Thursday, shrugging off weaker European equity markets as a rebound in oil prices from 12-year lows and a higher opening on Wall Street pointed to a recovery in risk appetite, blunting bullion's appeal as a haven. Spot gold was down 0.8 perce
Published 15 Jan, 2016 12:00am
Gulf markets sink to multi-year lows
Currency

Gulf markets sink to multi-year lows

Middle East bourses fell sharply on Thursday as investors cashed out after Brent crude oil slipped below $30 a barrel and global markets resumed selling off. The Saudi index tumbled 3.3 percent to close at 5,838 points, its lowest finish since March 2011,
Published 15 Jan, 2016 12:00am
PSX hit by panic selling
Exchange

PSX hit by panic selling

China-led uncertainty over the global economic growth and falling oil prices triggered panic selling on Pakistan Stock Exchange (PSX), which tumbled the index by 2.22 percent. The trading week's second last session saw regional equities suffering losses b
Published 15 Jan, 2016 12:00am
Palm oil drops
Vegetable Oil

Palm oil drops

Malaysian palm oil futures fell on Thursday to reverse its morning session of gains as demand for the vegetable oil wanes on slowing exports. The palm oil contract for March on the Bursa Malaysia Derivatives Exchange lost 0.4 percent to 2,402 ringgit ($54
Published 15 Jan, 2016 12:00am
Fiat Chrysler accused of inflating sales
Exchange

Fiat Chrysler accused of inflating sales

Shares in Fiat Chrysler Automobiles tumbled in Milan and New York on Thursday after two US dealerships filed a lawsuit accusing the carmaker of inflating US car sales. The suit, filed by dealers under the Illinois-based Napleton Automotive Group, charges
Published 15 Jan, 2016 12:00am
PSX hit by panic selling
Exchange

PSX hit by panic selling

China-led uncertainty over the global economic growth and falling oil prices triggered panic selling on Pakistan Stock Exchange (PSX), which tumbled the index by 2.22 percent. The trading week''s second last session saw regional equities suffering losses
Published 15 Jan, 2016 12:00am
Rubber rises
Exchange

Rubber rises

Benchmark Tokyo rubber futures erased early losses and rose for a second straight session on Thursday, as the yen turned weaker against the dollar during the session. Tokyo Commodity Exchange (TOCOM) futures, which set the tone for tyre rubber prices in S
Published 15 Jan, 2016 12:00am
Tougher rules on trading books target global banks
Exchange

Tougher rules on trading books target global banks

Some of the world's biggest banks will have to set aside a combined $77 billion in extra capital from 2019 under new trading book rules unveiled on Thursday by global regulators hoping to prevent another financial crisis. In the latest sign of how regulat
Published 15 Jan, 2016 12:00am
Copper bounces after hitting new 6-1/2 year low
Exchange

Copper bounces after hitting new 6-1/2 year low

Copper bounced after hitting fresh 6-1/2-year lows on Thursday following a rebound in the oil price gave pause to investors' worries about the state of the global economy. Declining oil prices also reduce costs for mining companies, allowing them to conti
Published 15 Jan, 2016 12:00am
Daily trading report of PMEX
Exchange

Daily trading report of PMEX

On Wednesday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 3,256 million. The number of lots traded was 11.45 million. PMEX Commodity Index closed at 2,515 level. Major business was contributed by gold amounting to PKR 2,439 million follow
Published 15 Jan, 2016 12:00am
Shanghai copper up
Exchange

Shanghai copper up

Shanghai Futures Exchange copper pushed into positive territory at 34,930 yuan ($5,303) a tonne, up 0.3 percent, also erasing earlier losses of 1 percent but caution persisted as a slide in oil prices compounded worries over global growth and commodity de
Published 15 Jan, 2016 12:00am
State Bank of Pakistan conversion rates
Exchange

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 15 Jan, 2016 12:00am
Barclays bid rates and maximum rates for payment of interest
Exchange

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) - issued by the Foreign Exchange Rates Commi
Published 15 Jan, 2016 12:00am
Forex reserves decline by $50 million
Exchange

Forex reserves decline by $50 million

The country's total liquid foreign exchange reserves declined by $50 million during the last week. According to State Bank of Pakistan (SBP), the country's total liquid foreign reserves stood at $20.759 billion on January 8, 2016 as against $20.810 billio
Published 15 Jan, 2016 12:00am
Currency notes: exchange rates
Exchange

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Thursday (January 14, 2016).

Published 15 Jan, 2016 12:00am
Daily trading report of PMEX
Exchange

Daily trading report of PMEX

On Tuesday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 5,124 million. The number of lots traded was 21.85 million. PMEX Commodity Index closed at 2,493. Major business was contributed by gold amounting to PKR 4,201 million followed by cr
Published 14 Jan, 2016 12:00am
Pakistan Mercantile Exchange - PMEX
Cotton

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Wednesday (January 13, 2016).

Published 14 Jan, 2016 12:00am