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اردو

Jul 22, 2026 اردو

Print Edition BR Markets Dollar to PKR

Intl Oil Prices Iran-US war Petrol Prices Gold Rates Podcasts PSX Notices

Markets

Asia Fuel Oil-Arbitrage spread climbs to near 2-year high

Published September 26, 2018 Updated September 26, 2018 12:07pm

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By Shoaib Ur Rehman Reuters

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SINGAPORE: The second-month East-West (EW) arbitrage spread was trading at a near two-year high on Wednesday as expectations of tightening fuel oil supplies in Asia continued to feed bullish sentiment, but arbitrage opportunities from West of the Suez to Singapore were limited by strong backwardation in the fuel oil market, trade sources said.

The 380-cst fuel oil November arbitrage spread was at $23.75 a tonne, up from about $23 a tonne in the previous session and its highest since December 2016.

Meanwhile, fuel oil inventories in the Fujairah oil hub sank to a near seven-month low this week, official data showed on Wednesday.

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 21	278.12
USD PKR Interbank Buying / Jul 21	277.92
USD to Japanese Yen / Jul 21	163.14
USD to Swiss Franc / Jul 21	0.81
Pound Sterling to USD / Jul 21	1.34
Euro to USD / Jul 21	1.14
SOFR % / Jul 21	3.59

Stock	Volume
S&P 500 / Jul 21	7,509.20
India Sensex / Jul 21	77,470.11
Nasdaq / Jul 21	25,837.21
FTSE 100 / Jul 21	10,585.91
Dow Jones / Jul 21	52,224.64
Germany DAX 30 / Jul 21	25,011.35
France CAC40 / Jul 21	8,363.14
Tokyo Nikkei / Jul 22	67,511.12
Hang Seng / Jul 22	24,903.04

Item	Value
Crude Oil USD/Barrel / Jul 21	85.03
Karachi Cotton PKR/37.32 KG / Jul 21	18,880
Gold 10 Grams PKR / Jul 21	368,000
Gold Spot USD/Ounce / Jul 21	4,114.26
Cotton US¢/pound / Jul 21	80.06
Petrol/Litre / Jul 22	320.73
Diesel/Litre / Jul 22	367.21

Gainers
Losers
Leaders

Stock	Price
Invest Capital Invest Bank / Jul 22 Invest Capital Investment Bank Limited(ICIBL)	23.93 ▲ 2.18 (10.02%)
Dadabhoy Cement / Jul 22 Dadabhoy Cement Industries Limited(DBCI)	22.64 ▲ 2.06 (10.01%)
Gammon Pak / Jul 22 Gammon Pakistan Limited(GAMON)	24.18 ▲ 2.2 (10.01%)
Leather Up Ltd. / Jul 22 Leather Up Limited(LEUL)	55.64 ▲ 5.06 (10%)
National Silk / Jul 22 The National Silk & Rayon Mills Limited(NSRM)	362.31 ▲ 32.94 (10%)
Pak.Int.Cont.. / Jul 22 Pakistan International Container(PICT)	58.50 ▲ 5.32 (10%)
Ahmad Hassan / Jul 22 Ahmad Hassan Textile Mills Limited(AHTM)	121.25 ▲ 11.02 (10%)
Asia Ins. / Jul 22 Asia Insurance Company Limited(ASIC)	45.86 ▲ 4.17 (10%)
Olympia Mills / Jul 22 Olympia Mills Limited(OML)	142.44 ▲ 12.27 (9.43%)
Sindh Abadgar / Jul 22 Sindh Abadgar's Sugar Mills Limited(SASML)	398 ▲ 31.99 (8.74%)

Stock	Price
Khairpur Sug. / Jul 22 Khairpur Sugar Mills Limited(KPUS)	1,364.30 ▼ -151.59 (-10%)
Shams Textile / Jul 22 Shams Textile Mills Limited(STML)	53.71 ▼ -5.97 (-10%)
Suhail Jute / Jul 22 Suhail Jute Mills Limited(SUHJ)	245 ▼ -25.97 (-9.58%)
JS Investments / Jul 22 JS Investments Limited(JSIL)	42.50 ▼ -3.25 (-7.1%)
Crescent Cotton / Jul 22 Crescent Cotton Mills Limited(CCM)	60.51 ▼ -4.35 (-6.71%)
Service Textile / Jul 22 Service Industries Textiles Limited(SERT)	47.51 ▼ -2.93 (-5.81%)
AN Textile Mills / Jul 22 AN Textile Mills Limited(ANTM)	52.52 ▼ -2.83 (-5.11%)
First AL-Noor Mod. / Jul 22 First Al-Noor Modaraba(FANM)	7.36 ▼ -0.34 (-4.42%)
Premier Insurance / Jul 22 Premier Insurance Limited(PINL)	10.55 ▼ -0.46 (-4.18%)
GOC (Pak) / Jul 22 GOC (Pak) Limited.(GOC)	196.01 ▼ -8.45 (-4.13%)

Stock	Volume
Trust Sec.& Brok. / Jul 22 Trust Securities & Brokerage Limited(TSBL)	49,904,892 ▲ 0.14
Cnergyico PK / Jul 22 Cnergyico PK Limited(CNERGY)	14,060,104 ▲ 0.05
TPL Properties / Jul 22 TPL Properties Limited(TPLP)	8,779,984 ▲ 0.09
Pak Refinery / Jul 22 Pakistan Refinery Limited(PRL)	5,984,706 ▲ 0.71
F. Nat.Equities / Jul 22 First National Equities Limited(FNEL)	3,980,177 ▲ 0.02
WorldCall Telecom / Jul 22 Worldcall Telecom Limited(WTL)	3,408,418 ▲ 0.01
TPL Corp Ltd / Jul 22 TPL Corp Limited(TPL)	2,240,096 ▼ -0.29
Dewan Farooque Sp. / Jul 22 Dewan Farooque Spinning Mills Limited(DFSM)	2,066,721 ▲ 1.14
K-Electric Ltd. / Jul 22 K-Electric Limited(KEL)	2,060,212 ▼ -0.05
Hum Network / Jul 22 Hum Network Limited(HUMNL)	1,602,837 ▲ 0.18