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Print - 2019-08-21
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (August 20, 2019).

Published 21 Aug, 2019 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (August 20, 2019).

Published 21 Aug, 2019 12:00am
JLI MEESEQ Fund Rates

JLI MEESEQ Fund Rates

JLI Meeseq Fund Rates on Tuesday (August 20, 2019).

Published 21 Aug, 2019 12:00am
Spot dollar rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (August 20, 2019).

Published 21 Aug, 2019 12:00am
Money Market Report
Kerb

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (August 20, 2019).
Published 21 Aug, 2019 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 Tuesday (August 20, 2019).

Published 21 Aug, 2019 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 21 Aug, 2019 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 21 Aug, 2019 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 21 Aug, 2019 12:00am
New York cotton

New York cotton

The following were the fluctuations observed during the day:

Published 21 Aug, 2019 12:00am
Tokyo stocks surge

Tokyo stocks surge

Tokyo stocks closed higher for a third straight session on Tuesday, taking a positive lead from bullish trade on Wall Street. The benchmark Nikkei 225 index moved up 0.55 percent, or 114.06 points, to end at 20,677.22, while the broader Topix index climbe
Published 21 Aug, 2019 12:00am
Indian shares lower

Indian shares lower

Indian shares settled lower on Tuesday, led by a fall in financial and consumer stocks with Yes Bank Ltd closing at its lowest in over six years. The broader NSE index closed 0.33% lower at 11,017, while the benchmark BSE index finished down 0.2% at 37,32
Published 21 Aug, 2019 12:00am
Treasury yields rise

Treasury yields rise

US Treasury yields rose on Monday after the Treasury Department late on Friday said it was gauging market interest in ultra-long-dated debt, and as risk sentiment improved. The Treasury said it wants to "refresh its understanding of market appetite" for 5
Published 21 Aug, 2019 12:00am
Treasury yields rise

Treasury yields rise

US Treasury yields rose on Monday after the Treasury Department late on Friday said it was gauging market interest in ultra-long-dated debt, and as risk sentiment improved. The Treasury said it wants to "refresh its understanding of market appetite" for 5
Published 21 Aug, 2019 12:00am
Australian shares extend gains

Australian shares extend gains

Australian shares ended a second session with robust gains on Tuesday, as hopes for more stimulus measures from China and Germany eased worries about an impending global recession. The S&P/ASX 200 index rallied 1.2% to 6,545.00 at the close, adding to the
Published 21 Aug, 2019 12:00am
China stocks slip, rate reform in focus
Exchange

China stocks slip, rate reform in focus

China stocks ended slightly lower on Tuesday as investors took a breather following a strong rally in the previous session and pondered the extent and impact of Beijing's interest rate reform. The blue-chip CSI300 index fell 0.1%, to 3,787.73, while the S
Published 21 Aug, 2019 12:00am
European shares down as Italy's political crisis weighs

European shares down as Italy's political crisis weighs

European shares fell on Tuesday after two sessions of robust gains as optimism over hopes of stimulus in major economies waned and investors awaited more guidance from central banks. Concerns about Italy's government further dented sentiment, though Itali
Published 21 Aug, 2019 12:00am
HK stocks snap 4-day rally

HK stocks snap 4-day rally

Hong Kong stocks ended lower on Tuesday as investors locked in profit after a four-day winning streak following Beijing's interest rate reform, which boosted riskier assets and tempered recession fears. The Hang Seng index ended down 0.2% at 26,231.54, wh
Published 21 Aug, 2019 12:00am
SE Asian markets: Singapore, Malaysia gain

SE Asian markets: Singapore, Malaysia gain

Singapore and Malaysian stocks rose on Tuesday, in line with broader Asia as stimulus proposals in major economies muted recession fears, while Thai shares retreated as the government cut its 2019 economic growth forecast. Hopes gathered momentum that glo
Published 21 Aug, 2019 12:00am
Worries over global trade, Italy lead FTSE 100 lower

Worries over global trade, Italy lead FTSE 100 lower

London's main index ended firmly in the red on Tuesday after new US-China trade jitters and political instability in Italy took down heavyweight firms across sectors, while exporter stocks dipped as the pound gained after German Chancellor Angela Merkel's
Published 21 Aug, 2019 12:00am
Baidu second quarter revenue beats expectations but profit drops

Baidu second quarter revenue beats expectations but profit drops

Chinese internet giant Baidu regained momentum during the second quarter, posting better-than-expected revenue on Tuesday thanks to strong traffic growth, though it also announced a huge drop in net profit. The Beijing-based search leader said its total r
Published 21 Aug, 2019 12:00am
Baidu second quarter revenue beats expectations but profit drops

Baidu second quarter revenue beats expectations but profit drops

Chinese internet giant Baidu regained momentum during the second quarter, posting better-than-expected revenue on Tuesday thanks to strong traffic growth, though it also announced a huge drop in net profit. The Beijing-based search leader said its total r
Published 21 Aug, 2019 12:00am
Robust baht, travel trends rattle Thai tourism market
Exchange

Robust baht, travel trends rattle Thai tourism market

A strong Thai baht and a slowdown in arrivals from China are battering the kingdom's moneymaking tourism machine even as the country hopes to welcome a record 40 million visitors by the end of the year. Most travellers to Thailand are from China and other
Published 21 Aug, 2019 12:00am
Uzbekistan lifts foreign currency controls
Exchange

Uzbekistan lifts foreign currency controls

Uzbekistan lifted remaining currency controls on Tuesday, allowing citizens to purchase foreign cash for the first time as the Central Asian country seeks to attract foreign investment. The country of 32 million people has looked to diversify its economy
Published 21 Aug, 2019 12:00am
Sony buying studio behind hit 'Spider-Man' video game

Sony buying studio behind hit 'Spider-Man' video game

Sony Interactive Entertainment on Monday announced a deal to buy Insomniac Games, the studio behind hot-selling "Spider-Man" and "Ratchet & Clank" video games. Sony did not disclose financial terms of the acquisition that will add Insomniac to its stable
Published 21 Aug, 2019 12:00am
New figures show UK economy a little larger than thought

New figures show UK economy a little larger than thought

Britain's economy is slightly larger than previously thought, according to new official estimates published on Tuesday that take into account new methodology and data. The Office for National Statistics added around 26 billion pounds ($31 billion) to the
Published 21 Aug, 2019 12:00am
Trump looking at possible US tax cuts but not now

Trump looking at possible US tax cuts but not now

President Donald Trump on Tuesday said his administration was looking to cut US taxes, but he was not talking about doing anything at this moment. Trump added that he was always looking at a payroll tax cut, and that a lot of people would like to see it.
Published 21 Aug, 2019 12:00am
Miner BHP doubles annual net profit, pays record dividend

Miner BHP doubles annual net profit, pays record dividend

BHP, the world's biggest miner, more than doubled its annual net profit Tuesday on the back of higher iron ore prices and a rebound from significant setbacks the previous year. The resources giant posted a US$8.3 billion profit for the year to June 30, up
Published 21 Aug, 2019 12:00am
Miner BHP doubles annual net profit, pays record dividend

Miner BHP doubles annual net profit, pays record dividend

BHP, the world's biggest miner, more than doubled its annual net profit Tuesday on the back of higher iron ore prices and a rebound from significant setbacks the previous year. The resources giant posted a US$8.3 billion profit for the year to June 30, up
Published 21 Aug, 2019 12:00am
China trims lending rates with new benchmark, more cuts expected

China trims lending rates with new benchmark, more cuts expected

China lowered its new lending reference rate slightly on Tuesday, as expected, as the central bank kicked off interest rate reforms designed to reduce corporate borrowing costs in the world's second-largest economy. But the tiny reduction in the revamped
Published 21 Aug, 2019 12:00am
Serena to return to Auckland for Aussie Open warm-up

Serena to return to Auckland for Aussie Open warm-up

Serena Williams announced Tuesday she will warm-up for January's Australian Open at the Auckland Classic, a tournament that has mixed memories for the American superstar. Williams slumped to a shock second-round loss in her only previous appearance in New
Published 21 Aug, 2019 12:00am
Murray falls to Sandgren as singles comeback continues

Murray falls to Sandgren as singles comeback continues

Andy Murray on Monday fell in the first round of the ATP Winston-Salem Open, where the three-time Grand Slam champion was giving his surgically repaired hip just its second test in singles. Britain's Murray, who feared in January that his hip trouble woul
Published 21 Aug, 2019 12:00am
Smith ruled out of third Ashes Test after concussion

Smith ruled out of third Ashes Test after concussion

Australia's star batsman Steve Smith has been ruled out of the third Ashes Test beginning on Thursday after suffering concussion, Cricket Australia announced Tuesday. The 30-year-old - who has scored two centuries and 92 in his three innings in the first
Published 21 Aug, 2019 12:00am
Sports court postpones Sun Yang hearing till October

Sports court postpones Sun Yang hearing till October

The Court of Arbitration for Sport said on Tuesday it was postponing its hearing on the decision by FINA, the governing body of swimming, to clear Chinese star Sun Yang of doping. Triple Olympic champion Sun Yang was accused of smashing a blood vial with
Published 21 Aug, 2019 12:00am
Deaf South Korean tennis player Lee notches landmark win

Deaf South Korean tennis player Lee notches landmark win

Lee Duck-hee became the first deaf player to win an ATP match on Monday, making a statement with a straight-sets win over Henri Laaksonen in Winston-Salem. "People made fun of me for my disability. They told me I shouldn't be playing," the 21-year-old Sou
Published 21 Aug, 2019 12:00am
PCB's camp under Misbah care set to begin

PCB's camp under Misbah care set to begin

Pakistan Cricket Board (PCB)'s pre-season cricket training-camp was started here at the National Cricket Academy (NCA) under the supervision of former Pakistan captain Misbah-ul-Haq on Tuesday. Misbah-ul-Haq apprised the cricketers about objectives of the
Published 21 Aug, 2019 12:00am
Manchester United 'disgusted' by racist abuse of Pogba

Manchester United 'disgusted' by racist abuse of Pogba

Manchester United said they "utterly condemn" the racist abuse their World Cup-winning midfielder Paul Pogba received after he missed a penalty in the 1-1 draw with Wolverhampton Wanderers on Monday. The 26-year-old Frenchman has missed four penalties sin
Published 21 Aug, 2019 12:00am
Salah U-turn on teammate's harassment scandal divides Egyptians

Salah U-turn on teammate's harassment scandal divides Egyptians

Egypt and Liverpool star Mohamed Salah has reignited heated views about a sexual harassment scandal involving his national team-mate Amr Warda in a CNN interview which aired Monday. After Salah sent controversial tweets that demanded the disgraced Warda b
Published 21 Aug, 2019 12:00am
Dollar at three-week peak in Asia
Currency

Dollar at three-week peak in Asia

The dollar hovered near a three-week high on Tuesday, as expectations policymakers around the world would unleash fresh stimulus drove an improvement in appetite for riskier assets and lifted US government bond yields. Yields on benchmark US Treasuries pu
Published 21 Aug, 2019 12:00am
Euro near two-week low against dollar in Europe
Currency

Euro near two-week low against dollar in Europe

The euro hovered near a two-week low against the dollar on Tuesday as higher Treasury yields the day before boosted the US currency. Political uncertainty in Italy also held the euro back. Yields on US benchmark 10-year government bonds pulled away from t
Published 21 Aug, 2019 12:00am
Early trade in New York: dollar slips as US yields slide again

Early trade in New York: dollar slips as US yields slide again

The dollar traded lower on Tuesday, in line with the drop in Treasury yields, as investors braced for a potentially dovish Federal Reserve at a Jackson Hole, Wyoming, gathering later this week, with many expecting an announcement of some measure that woul
Published 21 Aug, 2019 12:00am
Yen, Swiss franc fall against dollar in New York
Currency

Yen, Swiss franc fall against dollar in New York

The safe-haven yen and Swiss franc retreated against the dollar on Monday, as risk sentiment improved after a week of turmoil on hopes major central banks would launch fresh stimulus measures to lift their sluggish economies. The Japanese currency fell fo
Published 21 Aug, 2019 12:00am
Sri Lankan rupee down
Currency

Sri Lankan rupee down

Sri Lankan rupee ended 0.4% weaker on Tuesday at 178.00/05 per dollar, compared to Monday's close of 177.30/50 as investors waited for more clarity on the political front.
Published 21 Aug, 2019 12:00am
Turkish lira weakens after central bank move
Exchange

Turkish lira weakens after central bank move

The Turkish lira hit its weakest level against the dollar in nearly a month on Tuesday after the central bank reduced the required reserves ratio for banks with loan growth rates above 10% in a move investors saw encouraging increased lending.
Published 21 Aug, 2019 12:00am
Most Asian currencies slip

Most Asian currencies slip

Most emerging Asian currencies declined on Tuesday, as the dollar firmed on hopes for fresh stimulus from global policymakers while the yuan, a bellwether for regional peers, weakened.
Published 21 Aug, 2019 12:00am
Aussie, kiwi move higher

Aussie, kiwi move higher

The Australian dollar inched higher on Tuesday as investors pared wagers on another early cut in domestic interest rates, while increasing speculation of fiscal stimulus globally aided risk appetite. The move was modest, with the Aussie creeping up to $0.
Published 21 Aug, 2019 12:00am
Sterling recovers briefly against euro
Currency

Sterling recovers briefly against euro

Sterling briefly rebounded from near three-year lows versus the euro on Tuesday after German Chancellor Angela Merkel said the European Union would think about practical solutions regarding the post-Brexit Irish border.
Published 21 Aug, 2019 12:00am
Sunny weather supports Ivory Coast main cocoa crop

Sunny weather supports Ivory Coast main cocoa crop

Rains last week in most of Ivory Coast's cocoa growing regions were below average but dew and good soil moisture content augured well for the next October-to-March main crop, farmers told Reuters on Monday. The April-to-September mid-crop is tailing off,
Published 21 Aug, 2019 12:00am
PMEX daily trading report
Exchange

PMEX daily trading report

On Monday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,082. The traded value of Metals, Energy and COTS/FX was recorded at PKR 5.876 billion and the numbers of lots traded were 7,618. Major business was contributed by Gold amo
Published 21 Aug, 2019 12:00am
Russian wheat prices follow global benchmarks lower

Russian wheat prices follow global benchmarks lower

Prices of Russian wheat exports fell last week after a higher than expected US Department of Agriculture (USDA) estimate of this year's US corn crop caused a sharp slide in Chicago grain futures, a global benchmark for the market, analysts said. Black Sea
Published 21 Aug, 2019 12:00am
CBOT soyabean futures lower after beneficial rains

CBOT soyabean futures lower after beneficial rains

Chicago Board of Trade soyabean futures closed lower on Monday after beneficial rains crossed the US Midwest crop belt over the weekend, bolstering prospects for the 2019 soya harvest, traders said. CBOT November soyabeans settled down 13-1/4 cents at $8.
Published 21 Aug, 2019 12:00am
US natgas futures up as hot weather raise demand

US natgas futures up as hot weather raise demand

US natural gas futures settled slightly higher on Monday, having earlier fallen as much as 3% on expectations of higher gas production and cooler temperatures, as ongoing hot weather lifted prices. Front-month gas futures gained 1 cent, or 0.5%, to settle
Published 21 Aug, 2019 12:00am
Activities at Karachi and Qasim Ports

Activities at Karachi and Qasim Ports

The Karachi Port handled 128,118 tonnes of cargo comprising 94,343 tonnes of import cargo and 33,775 tonnes of export cargo including 2,624 loaded and empty containers during the last 24 hours ending at 0700 hours on Tuesday. The total import cargos of 94
Published 21 Aug, 2019 12:00am
Persistent buying by mills on cotton market
Cotton

Persistent buying by mills on cotton market

Persistent buying of fine cotton, helped the rates to maintain present levels on the cotton market on Tuesday, dealers said. The official spot rate did not move any side at Rs 7800, they added. In ready session, over 11000 bales of cotton changed hands be
Published 21 Aug, 2019 12:00am
Canadian canola futures slip

Canadian canola futures slip

ICE Canadian canola futures dipped on Monday, dragged lower by sliding soyabean and corn prices that were weaker due to much-needed rains crossing dry areas of the US Midwest. Canola's losses were more modest than those of soyabeans and soyaoil, as strong
Published 21 Aug, 2019 12:00am
CBOT wheat futures lower

CBOT wheat futures lower

Chicago Board of Trade wheat futures closed lower on Monday on spillover pressure from declines in corn and soyabean futures, traders said. CBOT December soft red winter wheat settled down 5 cents at $4.72-1/2 per bushel. K.C. December hard red winter whe
Published 21 Aug, 2019 12:00am
Seoul to fine Volkswagen over 'illicit' emissions devices

Seoul to fine Volkswagen over 'illicit' emissions devices

South Korea said Tuesday it would issue fines and file criminal complaints against Volkswagen and and its luxury arm, Porsche, for installing "illicit devices" that helped multiple diesel vehicles cheat pollution standards. The environment ministry said o
Published 21 Aug, 2019 12:00am
Russia and China blast US missile test

Russia and China blast US missile test

Russia and China warned Tuesday that a new US missile test had heightened military tensions and risked sparking an arms race, weeks after Washington ripped up a Cold War-era weapons pact with Moscow. The US and Russia ditched the Intermediate-Range Nuclea
Published 21 Aug, 2019 12:00am
Brazil bus hijacker, armed with toy gun, shot dead

Brazil bus hijacker, armed with toy gun, shot dead

A hijacker armed with what turned out to be a toy gun was shot dead by police in Rio de Janeiro on Tuesday after he held a busload of passengers hostage for several hours on a major bridge in peak-hour traffic. Dozens of people were trapped on the public
Published 21 Aug, 2019 12:00am
Italy in limbo after PM attacks Salvini and resigns

Italy in limbo after PM attacks Salvini and resigns

Italian Prime Minister Giuseppe Conte said Tuesday he would resign, lashing out at far-right Interior Minister Matteo Salvini for pursuing his own interests by pulling the plug on the government coalition. The move leaves the eurozone's third largest econ
Published 21 Aug, 2019 12:00am
Trump backs Russia return to G8

Trump backs Russia return to G8

US President Donald Trump expressed support Tuesday for Russia's return to the G8, saying it would be "much more appropriate" for Moscow to be in the club of world powers. "I could certainly" support that, he told reporters at the White House, just days b
Published 21 Aug, 2019 12:00am
White House accuses China of 'bullying' in South China Sea

White House accuses China of 'bullying' in South China Sea

The White House on Tuesday accused China of "bullying tactics" in the increasingly tense waters of the South China Sea and said it would resist Beijing on the dispute. "China's recent escalation of efforts to intimidate others out of developing resources
Published 21 Aug, 2019 12:00am
China warns on IS revival in Syria

China warns on IS revival in Syria

China's Syria envoy said Tuesday that "terrorist organisations" including the Islamic State group are being revived in the war-ravaged country, urging the international community not to ignore the "early warning" signs. Xie Xiaoyan, Beijing's pointman for
Published 21 Aug, 2019 12:00am
Spain sends navy ship to save migrants stuck off Italy

Spain sends navy ship to save migrants stuck off Italy

Spain on Tuesday deployed a naval patrol boat to pick up migrants on a charity rescue boat that has been stranded off Italy's Lampedusa island for days as Rome refuses it access, after several people jumped overboard in a bid to swim ashore. The Audaz, wi
Published 21 Aug, 2019 12:00am
Anti-Assad fighters withdraw from key area of northwest Syria

Anti-Assad fighters withdraw from key area of northwest Syria

Jihadists and allied rebels withdrew from a key area of northwestern Syria Tuesday, a war monitor said, as President Bashar al-Assad's forces pressed an offensive against the jihadist-run Idlib region. Turkey warned Damascus "not to play with fire" after
Published 21 Aug, 2019 12:00am
US Taliban negotiator returning to Doha for more talks

US Taliban negotiator returning to Doha for more talks

The US State Department announced Tuesday that senior diplomat Zalmay Khalilzad is heading back to Qatar for more talks with the Taliban, as signs of a possible Afghanistan peace deal emerge. Khalilzad was to leave the United States on Tuesday for Doha, a
Published 21 Aug, 2019 12:00am
Arms dealer handed 30 years' prison by US court

Arms dealer handed 30 years' prison by US court

An international arms dealer was sentenced to 30 years in prison by a Los Angeles federal court Monday for conspiring to sell surface-to-air missiles to Libyan militants and other customers in the Middle East. The trafficking operation run by Rami Najm As
Published 21 Aug, 2019 12:00am
Pompeo wishes North Korea would not test missiles

Pompeo wishes North Korea would not test missiles

US Secretary of State Mike Pompeo expressed displeasure Tuesday about North Korea's series of missile tests, but said he wants to resume negotiations on denuclearization with Pyongyang. In an interview with CBS, the chief US diplomat noted the six tests o
Published 21 Aug, 2019 12:00am
Islamic State persists despite territory loss: Pompeo

Islamic State persists despite territory loss: Pompeo

The Islamic State group remains a threat in Syria and Iraq, and in some areas has even gained power despite the elimination of their "caliphate", US Secretary of State Mike Pompeo said Tuesday. "There are places where ISIS is more powerful today than they
Published 21 Aug, 2019 12:00am
Copper slides as spotlight falls on sagging China demand
Exchange

Copper slides as spotlight falls on sagging China demand

Copper prices fell on Tuesday as the market focused on prospects for weaker demand in top consumer China, where activity in the manufacturing sector has deteriorated due to the prolonged US-China trade dispute. Benchmark copper on the London Metal Exchang
Published 21 Aug, 2019 12:00am
Oil steadies as hopes of easing trade tensions lend support

Oil steadies as hopes of easing trade tensions lend support

Oil prices steadied on Tuesday on optimism US-China trade tensions will ease and hopes major economies will take stimulus measures to ward off a possible economic slowdown, after falling earlier on concerns over future demand. Brent crude settled 29 cents
Published 21 Aug, 2019 12:00am
Tokyo rubber falls; Shanghai futures rise
Exchange

Tokyo rubber falls; Shanghai futures rise

Tokyo Commodity Exchange (TOCOM) futures extended losses from early trade on Tuesday, as major producers end curbing exports. The benchmark TOCOM rubber contract for January delivery finished 1.9 yen ($0.0179) lower at 171 yen per kg. The most-active rubb
Published 21 Aug, 2019 12:00am