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metal

Lithium producers Allkem, Livent to combine in $10.6bn deal

NEW YORK: Lithium companies Allkem Ltd and Livent Corp said on Wednesday they will combine in an all-stock $10.6...

Published 11 May, 2023 05:54am

Technology

German software giant SAP to cut 3,000 jobs

FRANKFURT: German software giant SAP on Thursday said it planned to cut some 3,000 jobs this year, joining a wave of...

Published 26 Jan, 2023 02:49pm

Markets

Tin on rebound as China scoops up surplus metal

LONDON: Tin’s rollercoaster ride spins into the New Year, promising more thrills and spills after a tumultuous...

Published 25 Jan, 2023 06:25am

Markets

Tin must tame its wildness to meet coming demand surge

LONDON: The world is going to need another 50,000 tonnes of tin per year by 2030 to meet a looming surge in demand,...

Published 07 Dec, 2022 05:54am

Markets

Copper hits highest in over two weeks on easing of China Covid curbs

LONDON: Copper prices jumped to their highest in over two weeks on Friday in a volatile session as investors cheered...

Published 05 Dec, 2022 05:47am

Markets

Copper supported by hopes interest rates may soon peak

LONDON: Copper prices rose on Monday, supported by rising imports of the industrial metal by top consumer China and...

Published 09 Aug, 2022 03:37am

Markets

Gold prices decline

KARACHI: Gold prices on Wednesday saw a sizeable fall in the local market, traders said. Prices of the precious ...

Published 09 Jun, 2022 06:18am

Markets

Gold prices slightly up

KARACHI: Gold prices on Friday witnessed some momentum in the local market, traders said. The precious metal was...

Published 04 Jun, 2022 04:18am

World

US Justice Dept probes suspected manipulation of Platts benchmarks

WASHINGTON: The US Department of Justice is investigating suspected manipulation of energy pricing benchmarks...

Published 05 Oct, 2021 04:34am

Markets

London copper dips as investors await Jackson Hole meeting

The much-awaited Jackson Hole meeting could unveil plans to cut stimulus in the world's biggest economy and boost the dollar

Published 27 Aug, 2021 11:32am

Markets

Chinese nickel producer Jien halts cathode output

SHANGHAI: Jilin Jien Nickel, a nickel producer in northeast China, has halted output of nickel cathodes because they...

Published 24 Aug, 2021 05:02am

Markets

LME aluminium could test resistance at $2,626 this week

SINGAPORE: LME aluminium could test a resistance at $2,626 a tonne this week, a break above could lead to a gain at...

Published 24 Aug, 2021 05:02am

Markets

Copper rises after recent fall, set for biggest weekly loss in 2 months

Three-month copper on the London Metal Exchange rose 1% to $8,985.50 a tonne by 0302 GMT

Updated 20 Aug, 2021 11:53am

Markets

Gold in Asia

SINGAPORE: Spot gold may slowly drop towards a range of $1,687-$1,704 per ounce, driven by a wave C. This wave ...

Published 12 Aug, 2021 04:34am

Markets

Copper steadies after hitting 10-week low

LONDON: Copper steadied on Monday, having hit its lowest level since mid-April after moves by China to rein in...

Published 22 Jun, 2021 04:46am

Markets

Spot gold may test resistance at $1,919

This former resistance has turned into a strong support, which serves as a limit to a correction from the current level.

Published 31 May, 2021 11:33am

Markets

Copper prices sink

LONDON: Copper prices fell on Wednesday as rising inflation pushed investors into a risk-off sentiment, offsetting...

Published 20 May, 2021 04:26am

Markets

Spot gold may test resistance at $1,847

A break above the trendline would be a major victory of bulls, as it confirms a reversal of the downtrend from $2,072.50.

Published 10 May, 2021 11:14am

Markets

Copper hits 10-year peak

LONDON: Copper prices soared to 10-year highs on Monday as Chile supply concerns, sliding inventories, a weaker...

Published 27 Apr, 2021 03:02am

Markets

PMEX daily trading report

KARACHI: On Wednesday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 11.905...

Published 16 Apr, 2021 03:40am

Markets

Spot gold to rise to $1,746

The metal broke both the resistance and a falling trendline.

Published 05 Apr, 2021 08:53am

Markets

China’s aluminium imports underpin physical premium surge

LONDON: Japanese aluminium buyers have agreed to pay the highest premium in six years to get their metal in the...

Published 03 Apr, 2021 03:41am

Markets

Copper dips as stronger dollar offsets supply concerns

LONDON: Copper prices came under pressure on Thursday from a higher dollar and spiking US Treasury bond yields, but...

Published 19 Mar, 2021 05:32am

Markets

LME copper may rise towards Feb. 25 high of $9,617 this week

Strategically, the target of $9,617 will be confirmed when copper breaks $9,166. A break below $8,661 could cause a limited fall to $8,435.

Published 08 Mar, 2021 02:35pm

Markets

Spot gold may test support at $1,691

The break confirmed the continuation of the wave C towards its target zone.

Published 04 Mar, 2021 10:05am

Markets

Gold prices fall

KARACHI: Gold prices on Wednesday saw another fall on the local market, traders said on Wednesday. After a decline...

Published 18 Feb, 2021 04:08am

Markets

Platinum rally pauses in Asia

SINGAPORE: Platinum retreated from a near 6-1/2-year high in Asian trade on Tuesday as prices hit a technical...

Published 17 Feb, 2021 04:24am

Markets

Spot gold may retest support at $1,818

A further gain above $1,840, however, could indicate an extension of the uptrend from the Feb. 4 low of $1,784.76 towards $1,853-$1,875 range.

Published 16 Feb, 2021 11:19am

Markets

Gold prices fall

KARACHI: Gold prices on Thursday fell slightly on the local market, traders said. After a fall of Rs 200, the yellow...

Updated 12 Feb, 2021 11:46pm

Markets

Copper hovers near 8-year high as Chinese holiday starts

LONDON Copper took a breather on Thursday as Chinese markets closed for the week-long Lunar New Year holiday after...

Updated 12 Feb, 2021 11:47pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 16	278.55
USD PKR Interbank Buying / May 16	278.25
USD to Japanese Yen / May 16	154.33
USD to Swiss Franc / May 16	0.90
Pound Sterling to USD / May 16	1.27
Euro to USD / May 16	1.09

Stock	Volume
S&P 500 / May 15	5308.15
Nasdaq / May 15	16742.39
Dow Jones / May 15	39908
India Sensex / May 16	72771.48
Tokyo Nikkei / May 16	38920.26
Hang Seng / May 16	19336.77
FTSE 100 / May 16	8411.75
Germany DAX 30 / May 16	18842.52

Item	Value
Petrol/Litre / May 16	273.10
Crude Oil USD/Barrel / May 16	78.95
Karachi Cotton PKR/37.32 KG / May 16	19935
Gold 10 Grams PKR / May 16	210562
Gold Spot USD/Ounce / May 16	2388.50
Diesel/Litre / May 16	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 16 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 16 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 16 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 16 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 16 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 16 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 16 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 16 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 16 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 16 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 16 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 16 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 16 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 16 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 16 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 16 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 16 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 16 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 16 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 16 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 16 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 16 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 16 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 16 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 16 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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