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Apr 27, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print - 2019-10-18
The Weather
General News

The Weather

The weather report on Thursday (October 17, 2019) and the forecast for Friday (October 18, 2019).

Published 18 Oct, 2019 12:00am
Bullion Rates
Rates

Bullion Rates

Gold and silver rates in rupees per 10 grams prevailing in major cities on Thursday (October 17, 2019).

Published 18 Oct, 2019 12:00am
Cotton Spot Rates
Rates

Cotton Spot Rates

Official KCA spot rates for local dealings in Pakistan rupees on Thursday (October 17, 2019).

Published 18 Oct, 2019 12:00am
Pakistan Mercantile Exchange - PMEX
Rates

Pakistan Mercantile Exchange - PMEX

Pakistan Mercantile Exchange - PMEX (Formerly National Commodity Exchange Limited - NCEL) Trading Summary on Thursday (October 17, 2019).

Published 18 Oct, 2019 12:00am
Shipping Intelligence
Schedules

Shipping Intelligence

Karachi Shipping Intelligence report incorporating changes till 7 am on Thursday (October 17, 2019).

Published 18 Oct, 2019 12:00am
BOARD MEETINGS
Stocks

BOARD MEETINGS

Board Meetings of Companies listed on the Pakistan Stock Exchange.

Updated 18 Oct, 2019 06:39am
Spot dollar rates
Rates

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Thursday (October 17, 2019).

Published 18 Oct, 2019 12:00am
Money Market Report
Rates

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Thursday (October 17, 2019).
Published 18 Oct, 2019 12:00am
Bill buying rates per unit of currency
Rates

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Thursday (October 17, 2019).

Published 18 Oct, 2019 12:00am
Currency notes: exchange rates
Rates

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Thursday (October 17, 2019).

Published 18 Oct, 2019 12:00am
Barclays bid rates and maximum rates for payment of interest
Rates

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 18 Oct, 2019 12:00am
State Bank of Pakistan conversion rates
Rates

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 18 Oct, 2019 12:00am
New York cotton
Cotton & Textile

New York cotton

The following were the fluctuations observed during the day:

Updated 18 Oct, 2019 06:39am
New York cotton
Rates

New York cotton

The following were the fluctuations observed during the day:

Published 18 Oct, 2019 12:00am
Nikkei slips on profit-taking
Stocks

Nikkei slips on profit-taking

Japan's stock benchmark Nikkei pulled back on profit-taking on Thursday, a day after rallying to more than 10-month highs, as investors waited for signs of progress on US-China trade talks and Brexit negotiations.
Updated 18 Oct, 2019 06:46am
Indian shares up
Stocks

Indian shares up

Indian shares ended higher on Thursday, led by gains in auto and state-owned bank stocks, as investors cheered Britain and the European Union agreeing on a new divorce deal.
Updated 18 Oct, 2019 06:46am
Treasury yields fall
Stocks

Treasury yields fall

US Treasury yields fell on Wednesday after data showed that US retail sales fell for the first time in seven months in September, adding to concerns that the US economy is slowing.
Updated 18 Oct, 2019 06:43am
Australian shares rally
Stocks

Australian shares rally

Australian shares snapped a five-session rally to end lower on Thursday, dragged by miners as iron ore prices continued to slide on worries over Chinese demand.
Updated 18 Oct, 2019 06:42am
China stocks Flat
Stocks

China stocks Flat

China's major stock indexes ended roughly flat on Thursday in thin trading, as caution prevailed as investors awaited more details on a proposed Sino-US trade deal. The blue-chip CSI300 index rose 0.1%, to 3,925.22, while the Shanghai Composite Index slip
Updated 18 Oct, 2019 06:46am
Tempered Brexit hopes drag European stocks into red
Stocks

Tempered Brexit hopes drag European stocks into red

European shares edged lower on Thursday, as strong earnings from Sweden's Ericsson were offset by fading optimism over the Brexit deal amid investor worries about its support in the British parliament.
Updated 18 Oct, 2019 06:41am
Hong Kong stocks up
Stocks

Hong Kong stocks up

Hong Kong stocks climbed to end at a one-month high on Thursday, on hopes that more stimulative measures would be rolled out to bolster the island city's growth amid months-long protests.
Updated 18 Oct, 2019 06:41am
SE Asian stocks largely down
Stocks

SE Asian stocks largely down

Singapore's shares fell on Thursday after the city-state reported dismal export figures, while most Southeast Asian stock markets slipped as investors awaited more details on the first phase of the Sino-US trade deal.
Updated 18 Oct, 2019 06:49am
Britain stocks come off highs, UK yields fall
Stocks

Britain stocks come off highs, UK yields fall

A surge in sterling and the rally in Britain's domestically exposed stocks fizzled on Thursday as investors braced for a showdown in the UK parliament over the new Brexit deal agreed between Brussels and London.
Updated 18 Oct, 2019 06:55am
Lebanon to tax calls on messaging apps
Taxes

Lebanon to tax calls on messaging apps

Lebanon on Thursday announced a new tax on internet calls made through messaging applications, a move meant to boost the cash-strapped state's revenues but which sparked widespread user outrage.
Updated 18 Oct, 2019 06:55am
Morgan Stanley profit up as bond trading surges
Money & Banking

Morgan Stanley profit up as bond trading surges

Morgan Stanley capped quarterly earnings from big US banks with a higher-than-expected profit on strength in bond trading and M&A advisory, easing concerns that market turmoil would weigh on banks' Wall Street-related businesses.
Updated 18 Oct, 2019 06:54am
Proposed GM contract lifts wages, closes 4 plants
Global Business Economy

Proposed GM contract lifts wages, closes 4 plants

General Motors' proposed agreement to end a labor strike includes a wage increase and faster transition to fulltime status for temporary workers but permanently shuts four plants, according to a union summary released Thursday.
Updated 18 Oct, 2019 07:50am
IBM revenue misses on weakness in its biggest unit
IT & Computers

IBM revenue misses on weakness in its biggest unit

International Business Machines Corp missed Wall Street estimates for quarterly revenue on Wednesday, as its global technology services unit was hit by weakness in some European markets, sending its shares down 5% in extended trading.
Updated 18 Oct, 2019 08:14am
China says efforts 'accelerated' on US trade deal
Global Business Economy

China says efforts 'accelerated' on US trade deal

China said Thursday that its negotiators have "accelerated efforts" to hammer out the details of a partial deal with the United States, as the two sides edge towards an agreement in a lingering trade war.
Updated 18 Oct, 2019 07:54am
Australia unemployment rate dips
Global Business Economy

Australia unemployment rate dips

Australian employment boasted another solid gain in September while the jobless rate dipped for the first time in seven months as fewer people went looking for work, a tentative hint of a much-needed tightening in the labour market.
Updated 18 Oct, 2019 07:54am
Berlin blames trade wars, Brexit for falling growth prospects
Global Business Economy

Berlin blames trade wars, Brexit for falling growth prospects

Uncertainty from abroad will continue to weigh on the German economy into 2020, Berlin said Thursday as it slashed its growth forecast while hinting that it might budge slightly on long-demanded stimulus measures.
Updated 18 Oct, 2019 07:53am
US homebuilding retreats, manufacturing still struggling
Global Business Economy

US homebuilding retreats, manufacturing still struggling

US homebuilding tumbled from more than a 12-year high in September, but single-family home construction rose for a fourth straight month, suggesting the housing market remains supported by lower mortgage rates even as the economy is slowing.
Updated 18 Oct, 2019 07:54am
Marsh set to miss Pakistan Test after punching wall
Other

Marsh set to miss Pakistan Test after punching wall

All-rounder Mitchell Marsh is set to miss the opening Test against Pakistan after fracturing his right hand punching a wall, with Australian coach Justin Langer branding him "an idiot".
Updated 18 Oct, 2019 05:11am
US boxer Day dies
Other

US boxer Day dies

American boxer Patrick Day died Wednesday after suffering a serious brain injury during his knockout defeat to Charles Conwell last weekend, promoter Lou DiBella said in a statement.
Updated 18 Oct, 2019 05:13am
Shoaib Malik signs for SA T20 franchise
Other

Shoaib Malik signs for SA T20 franchise

Pakistan all-rounder Shoaib Malik will join Johannesburg-based Jozi Stars for the latter stages of the Mzansi Super League Twenty20 tournament this season.
Updated 18 Oct, 2019 05:10am
William, Kate visit NCA, play cricket
Other

William, Kate visit NCA, play cricket

Their Royal Highnesses (TRH) the Duke and Duchess of Cambridge Thursday visited the Pakistan Cricket Board (PCB)'s state-of-the-art National Cricket Academy in the first-ever visit to the home of Pakistan cricket by any British royals.
Updated 18 Oct, 2019 05:10am
Pound slides; dollar steadies in Asia
Money & Banking

Pound slides; dollar steadies in Asia

The pound tumbled on Thursday on deepening uncertainty over Brexit after the party that backs Prime Minister Boris Johnson's minority government said it could not support the deal that he and the EU are proposing. The leadership of Northern Ireland's Demo
Updated 18 Oct, 2019 06:57am
Euro jumps in Europe on Brexit deal
Money & Banking

Euro jumps in Europe on Brexit deal

The euro rallied to its highest levels in nearly two months against the dollar on Thursday after the European Union and Britain struck a Brexit deal. Though the deal remains to be ratified by British lawmakers, traders briefly sent the British pound and t
Updated 18 Oct, 2019 06:57am
Dollar falls across the board in New York
Money & Banking

Dollar falls across the board in New York

The US dollar fell across the board on Wednesday as dismal US retail sales data painted a gloomy picture of the economy and supported the case for further interest rate cuts by the Federal Reserve. The dollar index, which measures the US currency against
Updated 18 Oct, 2019 06:57am
Aussie rises, kiwi flat
Money & Banking

Aussie rises, kiwi flat

The Australian dollar hopped higher on Thursday after solid local jobs data led investors to trim the chance of a cut in interest rates next month, though futures still favoured December for a move. The Aussie gained 0.4% to $0.6785 and edged away from th
Updated 18 Oct, 2019 06:58am
Most Asian currencies strengthen
Money & Banking

Most Asian currencies strengthen

Most Asian currencies strengthened on Thursday due to overnight weakness in dollar after a fall in US retail sales, while lingering hopes of a Sino-US trade deal also lent support to the export-reliant regional units. The Taiwanese dollar led the gains in
Updated 18 Oct, 2019 07:07am
Sterling weakens amid mixed Brexit signals
Money & Banking

Sterling weakens amid mixed Brexit signals

The pound weakened on Thursday after Northern Ireland's Democratic Unionist Party said it could not support a Brexit deal proposed by Prime Minister Boris Johnson and the European Union, though it traded close to a five-month high. DUP leaders said in a s
Updated 18 Oct, 2019 07:07am
South Africa's rand up
Money & Banking

South Africa's rand up

South Africa's rand firmed on Thursday after the country's cabinet approved the promulgation of its long-delayed plan for electricity generation amid nationwide power cuts by state utility Eskom. At 1535 GMT, the rand was 1% firmer at 14.7900 per dollar.
Updated 18 Oct, 2019 07:07am
PMEX daily trading report

PMEX daily trading report

On Wednesday at Pakistan Mercantile Exchange Limited, PMEX Commodity Index closed at 4,134. The traded value of Metals, Energy and COTS/FX was recorded at PKR 5.839 billion and the numbers of lots traded 7,017. Major business was contributed by Gold amoun
Published 18 Oct, 2019 12:00am
CBOT soyabean futures lower

CBOT soyabean futures lower

Chicago Board of Trade soyabean futures closed lower on Wednesday on uncertainty surrounding US-China trade negotiations, along with seasonal pressure from the expanding Midwest harvest, traders said. CBOT November soyabeans settled down 6 cents at $9.28
Published 18 Oct, 2019 12:00am
CBOT wheat futures higher on technical buying

CBOT wheat futures higher on technical buying

Chicago Board of Trade wheat futures closed higher on Wednesday on technical buying and news that Egypt bought 405,000 tonnes of wheat at its latest international tender, traders said. CBOT December soft red winter wheat settled up 6-1/4 cents at $5.13-1/
Published 18 Oct, 2019 12:00am
Euronext wheat futures higher on Egyptian tender

Euronext wheat futures higher on Egyptian tender

Euronext wheat futures were higher on Wednesday, supported by an Egyptian tender that shifted the market's focus back towards export demand. Benchmark December milling wheat on Paris-based Euronext settled 1.75 euros, or 1.0%, higher at 180.00 euros ($199
Published 18 Oct, 2019 12:00am
US natural gas futures fall on warmer weather
Energy

US natural gas futures fall on warmer weather

US natural gas futures fell on Wednesday after hitting technical resistance on forecasts for warmer weather and lower heating use next week than previously expected and the return of inventories to normal levels for the first time in over two years. Front
Updated 18 Oct, 2019 07:06am
Activities at Karachi and Qasim Ports
Business & Economy

Activities at Karachi and Qasim Ports

The Karachi Port handled 97,905 tonnes of cargo comprising 53,191 tonnes of import cargo and 44,714 tonnes of export cargo including 2,983 loaded and empty containers during the last 24 hours ending at 0700 hours on Thursday. The total import cargos of 53
Published 18 Oct, 2019 12:00am
Firm trend witnessed on cotton market
Cotton & Textile

Firm trend witnessed on cotton market

Firmness prevailed on the cotton market on Thursday in the process of trading activity, dealers said. The official spot rate was unchanged at Rs 8900, they added. In ready session, 17,000 bales of cotton changed hands between Rs 7800-9100, they said. Rate
Updated 18 Oct, 2019 07:06am
Chinese iron ore futures plunge to six-week low

Chinese iron ore futures plunge to six-week low

Benchmark Dalian iron ore futures slumped more than 3% to their lowest in six weeks on Wednesday, after China's top steelmaking city of Tangshan issued a second-level smog alert that requires mills to further limit operations. The Dalian Commodity Exchang
Published 18 Oct, 2019 12:00am
Dior apologises for China map excluding Taiwan
Global Business Economy

Dior apologises for China map excluding Taiwan

Luxury brand Dior has become the latest company to apologise to China over a perceived insult to national sovereignty, saying Thursday it "cherishes the feelings of the Chinese people". The French luxury brand found itself in hot water after using a map o
Updated 18 Oct, 2019 08:04am
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