AIRLINK 150.25 Increased By ▲ 13.66 (10%)
BOP 10.11 Increased By ▲ 0.99 (10.86%)
CNERGY 7.42 Increased By ▲ 1.00 (15.58%)
CPHL 71.13 Increased By ▲ 6.47 (10.01%)
FCCL 45.71 Increased By ▲ 4.16 (10.01%)
FFL 14.34 Increased By ▲ 1.30 (9.97%)
FLYNG 37.15 Increased By ▲ 3.38 (10.01%)
HUBC 138.35 Increased By ▲ 12.58 (10%)
HUMNL 12.54 Increased By ▲ 1.14 (10%)
KEL 4.48 Increased By ▲ 0.47 (11.72%)
KOSM 4.99 Increased By ▲ 1.00 (25.06%)
MLCF 69.65 Increased By ▲ 6.33 (10%)
OGDC 203.01 Increased By ▲ 18.46 (10%)
PACE 5.35 Increased By ▲ 0.93 (21.04%)
PAEL 44.24 Increased By ▲ 4.02 (10%)
PIAHCLA 13.45 Increased By ▲ 1.22 (9.98%)
PIBTL 8.62 Increased By ▲ 1.00 (13.12%)
POWER 15.15 Increased By ▲ 1.28 (9.23%)
PPL 152.75 Increased By ▲ 13.89 (10%)
PRL 27.02 Increased By ▲ 2.46 (10.02%)
PTC 19.29 Increased By ▲ 1.75 (9.98%)
SEARL 75.06 Increased By ▲ 6.82 (9.99%)
SSGC 30.46 Increased By ▲ 2.77 (10%)
SYM 13.95 Increased By ▲ 1.27 (10.02%)
TELE 6.81 Increased By ▲ 0.87 (14.65%)
TPLP 8.00 Increased By ▲ 1.00 (14.29%)
TRG 61.90 Increased By ▲ 5.63 (10.01%)
WAVESAPP 8.94 Increased By ▲ 1.00 (12.59%)
WTL 1.31 Increased By ▲ 0.15 (12.93%)
YOUW 3.75 Increased By ▲ 0.54 (16.82%)
BR100 12,388 Increased By 1147.2 (10.21%)
BR30 35,548 Increased By 3413.7 (10.62%)
KSE100 117,006 Increased By 9831.2 (9.17%)
KSE30 35,785 Increased By 3136.9 (9.61%)

TOKYO: Japanese rubber futures tumbled on Friday, sliding from a four-year high hit in the previous session, as a plunge in global equities and Shanghai rubber market weighed on sentiment.

Osaka Exchange’s rubber contract for August delivery finished 14.1 yen, or 4.9 percent, lower at 275.9 yen ($2.6) per kg. But it booked a 4 percent gain for the week and a 17 percent jump for the month.

The rubber contract on the Shanghai futures exchange for May delivery also tanked 945 yuan to finish at 15,990 yuan ($2,475) per tonne.

Global stocks fell on Friday, with Asian shares down by the most in nine months, as a rout in global bond markets sent yields flying and spooked investors amid fears the heavy losses suffered could trigger distressed selling in other assets.

The front-month rubber contract on Singapore’s SICOM exchange for March delivery last traded at 200.0 US cents per kg, up 2.9 percent.

Rubber inventories in warehouses monitored by the Shanghai Futures Exchange rose 0.1 percent from last Friday, the exchange said on Friday.

Comments

Comments are closed.