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May 01, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Markets » Exchange

Indian oilseeds fall on lean demand
Exchange

Indian oilseeds fall on lean demand

Indian oilseeds ended lower on Wednesday as lack of demand and weak export orders for oilmeals hurt sentiment. The January soyabean contract on the National Commodity & Derivatives Exchange dropped 0.48 percent to 3,696 rupees ($55.74) per 100 kg. January
Published 02 Jan, 2016 12:00am
Iron ore poised for 40 percent annual drop, outlook gloomy
Exchange

Iron ore poised for 40 percent annual drop, outlook gloomy

Iron ore rose in the final trading session of the year, but was poised to end 2015 as one of the worst performing commodities of the year due to a global glut and shrinking demand at top consumer China. The spot price for iron ore slid 40 percent this yea
Published 02 Jan, 2016 12:00am
BRIDGE NOTES: What looks silly is willy nilly the best
Exchange

BRIDGE NOTES: What looks silly is willy nilly the best

Defense in Bridge is its hardest component. Not many can come up with the expert defense that is at times required to beat the contract. This is so because not many of us are prone to work hard at Bridge, losing concentration at times. Moreover, many of u
Published 02 Jan, 2016 12:00am
Board Meetings
Exchange

Board Meetings

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 02 Jan, 2016 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 02 Jan, 2016 12:00am
KSE greets year with over 400-point gain
Exchange

KSE greets year with over 400-point gain

Sentiment at the Karachi share market, on the first trading day of the new year, remained positive and the benchmark KSE-100 index closed above 33,000 points level. On Friday, the market opened in the green zone during the intraday session touching 33,255
Published 02 Jan, 2016 12:00am
KSE greets year with over 400-point gain
Exchange

KSE greets year with over 400-point gain

Sentiment at the Karachi share market, on the first trading day of the new year, remained positive and the benchmark KSE-100 index closed above 33,000 points level. On Friday, the market opened in the green zone during the intraday session touching 33,255
Published 02 Jan, 2016 12:00am
KSE greets year with over 400-point gain
Exchange

KSE greets year with over 400-point gain

Sentiment at the Karachi share market, on the first trading day of the new year, remained positive and the benchmark KSE-100 index closed above 33,000 points level. On Friday, the market opened in the green zone during the intraday session touching 33,255
Published 02 Jan, 2016 12:00am
Two shot dead over financial dispute in Rawalpindi
Exchange

Two shot dead over financial dispute in Rawalpindi

At least two people were killed in firing over financial dispute here on Thursday. Police said an exchange of hot words took place over fiscal issue inside a slaughterhouse in Lal Kurti area of Rawalpindi. The verbal clash turned violent after which armed
Published 01 Jan, 2016 12:00am
Iran-US tensions flare over sanctions threat, rocket claim
Exchange

Iran-US tensions flare over sanctions threat, rocket claim

Iran accused the United States of lying Thursday about alleged test-firing of rockets near an American warship and anger rose in Tehran at the spectre of new sanctions from Washington. Iran's Revolutionary Guards denied that its naval forces had been invo
Published 01 Jan, 2016 12:00am
Head coach expresses excitement over Aamir's return
Exchange

Head coach expresses excitement over Aamir's return

Pakistan's head coach Waqar Younis expressed excitement Thursday over the imminent return of Mohammad Aamir following a five-year ban for spot-fixing. Aamir, 23, is favourite to get the selectors' nod for a tour of New Zealand, where Pakistan will play th
Published 01 Jan, 2016 12:00am
Kenyan shilling strengthens
Exchange

Kenyan shilling strengthens

Kenya's shilling strengthened sightly on Thursday and traders said they expected it to weaken next week due to dollar demand from the manufacturing and energy sectors. At 0626 GMT, commercial banks quoted the shilling at 102.20/30 to the dollar, compared
Published 01 Jan, 2016 12:00am
Dollar index ends year with nine percent gain in Europe
Currency

Dollar index ends year with nine percent gain in Europe

The dollar was set to end 2015 with a 9 percent annual gain against a basket of currencies on Thursday, a fall in December failing to take the shine off its strongest run higher since the turn of the century. In a rally that dates back to May 2014, the gr
Published 01 Jan, 2016 12:00am
Yuan in biggest yearly loss on record after volatile 2015
Currency

Yuan in biggest yearly loss on record after volatile 2015

China's yuan weakened against the dollar on Thursday, finishing the year with a record yearly loss of 4.7 percent after volatile trading in last five months. A big question in global currency trade for 2016 is how much further the yuan might depreciate. S
Published 01 Jan, 2016 12:00am
Oil bogs down Wall Street as S&P 500 clings to gain for 2015
Exchange

Oil bogs down Wall Street as S&P 500 clings to gain for 2015

Wall Street dropped on Wednesday as Brent crude slid towards 11-year lows and Apple weighed on the S&P 500 index, which clung to a meagre gain for 2015. The S&P energy sector was the poorest performer among the 10 major sectors, down 1.47 percent after fo
Published 01 Jan, 2016 12:00am
China cracks whip on foreign banks with forex shut-out
Exchange

China cracks whip on foreign banks with forex shut-out

Chinese authorities are starting to police the nation's foreign exchange market in a way currency traders have rarely seen before, levying penalty payments for aggressive trading and prompting some banks to turn down business. Reuters reported on Wednesda
Published 01 Jan, 2016 12:00am
US MIDDAY: gold sinks 10 percent for third annual loss
Exchange

US MIDDAY: gold sinks 10 percent for third annual loss

Gold was steady on Thursday, ending the year down 10 percent for its third straight annual decline, ahead of another potentially challenging year in 2016 amid the prospect of higher US interest rates and a robust dollar. Largely influenced by US monetary
Published 01 Jan, 2016 12:00am
Gold steady in Europe
Exchange

Gold steady in Europe

Gold was steady on Thursday but poised to mark its third straight annual loss, ahead of what is likely to be another tough year with the prospect of higher US interest rates and dollar strength. Largely influenced by US monetary policy and dollar flows, t
Published 01 Jan, 2016 12:00am
Palm oil falls
Vegetable Oil

Palm oil falls

Malaysian palm oil futures fell on Thursday, after reaching a new 18-month high, on concerns of slowing demand after data showed exports declined. The benchmark palm oil contract for March on the Bursa Malaysia Derivatives Exchange fell 0.6 percent to 2,4
Published 01 Jan, 2016 12:00am
Base metals slump, face another storm in 2016
Exchange

Base metals slump, face another storm in 2016

Copper and zinc lost a quarter of their value in 2015 while nickel fell by more than 40 percent as slowing growth in top consumer China, a supply overhang and a strong dollar hammered industrial metals. Worries about tighter supplies to come capped lead's
Published 01 Jan, 2016 12:00am