Trends - Palm oil market - Business Recorder

Palm oil market

Palm inches higher after two sessions of losses

NEW DELHI: Malaysian palm oil futures edged higher on Tuesday after extending losses for a second session on Monday,...

Published 03 Oct, 2023 10:23am

Markets

Oil edges lower on strong US dollar, mixed supply cues

LONDON: Oil prices slipped in early trade on Tuesday, after falling to a three-week low in the previous session, on...

Updated 03 Oct, 2023 02:54pm

Markets

Palm extends losses for second session on weaker Chicago soyoil

JAKARTA: Malaysian palm oil futures traded lower on Monday, extending losses for a second session trailing weakness...

Published 02 Oct, 2023 04:21pm

Markets

Palm closes with 2.31% weekly gain

JAKARTA: Malaysian palm oil futures closed lower on Friday, reversing their midday gains. However, they recorded a...

Published 29 Sep, 2023 04:28pm

Markets

Palm oil closes higher on Dalian strength

JAKARTA: Malaysian palm oil futures closed higher for the second session on Monday, tracking gains in rival Dalian...

Published 26 Sep, 2023 06:33am

Markets

Palm near 3-month low on weaker rival oils, concerns over rising supply

SINGAPORE: Malaysian palm oil futures traded flat at closing on Friday but held near three-month lows after a third...

Published 22 Sep, 2023 04:41pm

Markets

Palm hits three-month closing low tracking soyoil decline

SINGAPORE: Malaysian palm oil futures ended at a three-month closing low on Thursday, mirroring steep declines in...

Published 21 Sep, 2023 04:56pm

Markets

Palm oil closes at one-week low

SINGAPORE: Malaysian palm oil futures fell on Wednesday to their lowest closing in one week, weighed by weaker rival...

Published 21 Sep, 2023 06:08am

Markets

Palm down on rising stocks, falling exports

JAKARTA: Malaysian palm oil futures fell for the sixth consecutive day on Monday after data from the Malaysian Palm...

Published 11 Sep, 2023 04:26pm

Markets

Palm logs first weekly drop in four as outlook, rival oils weigh

JAKARTA: Malaysian palm oil futures posted a weekly drop on Friday, snapping three consecutive weeks of gains, hurt...

Published 08 Sep, 2023 05:10pm

Markets

Palm closes lower ahead of August supply-demand data

JAKARTA: Malaysian palm oil futures closed down for a fourth consecutive session on Thursday ahead of August...

Published 07 Sep, 2023 05:06pm

Markets

Palm oil closes down due to weaker rivals oils

JAKARTA: Malaysian palm oil futures ended lower on Monday, dragged down by weaker rival oils on the Dalian and...

Published 04 Sep, 2023 04:48pm

Markets

Palm rises slightly on El Nino worries, slow global demand

JAKARTA: Malaysian palm oil futures rose slightly higher on midday break Friday due to El Nino worries and slow...

Published 01 Sep, 2023 11:32am

Markets

Palm falls on weaker rival oils

JAKARTA: Malaysian palm oil futures slid on Friday, following a public holiday on Thursday, snapping two sessions of...

Published 01 Sep, 2023 10:18am

Markets

Palm oil rises on supply concerns amid India festive demand

SINGAPORE: Palm oil futures ended higher on Wednesday, as warm weather threatened the supply of palm and rival ...

Published 31 Aug, 2023 06:00am

Markets

Palm marginally higher on rival edible oil gains, weak ringgit

SINGAPORE: Malaysian palm oil futures extended gains on Wednesday aided by the strength in rival edible oils and a...

Published 30 Aug, 2023 09:45am

Markets

Malaysian palm ends higher on softer ringgit

SINGAPORE: Malaysian palm oil futures recovered on Tuesday, helped by a weaker ringgit, although imminent oversupply...

Published 29 Aug, 2023 04:11pm

Markets

Palm ends lower on weaker Malaysian exports, Dalian gains cap losses

SINGAPORE: Malaysian palm oil futures finished more than 1% lower on Monday following reports of lacklustre exports...

Published 28 Aug, 2023 05:21pm

Markets

Palm posts second week of gains on stronger rival oils

JAKARTA: Malaysian palm oil futures posted a second straight weekly gain on Friday, underpinned by stronger rival...

Published 25 Aug, 2023 04:15pm

Markets

Palm ends over 1% up on Dalian edible oils uptick, bargain-buying

SINGAPORE: Malaysian palm oil futures finished more than 1% higher on Thursday, snapping a two-day downturn, as...

Published 24 Aug, 2023 04:47pm

Markets

Palm sinks to 1-week low on weaker rival oils, rising supply

SINGAPORE: Malaysian palm oil futures fell to a one-week trough on Wednesday, dragged down by softer rival oils and...

Published 23 Aug, 2023 04:40pm

Markets

Palm oil erases Monday’s gains on weaker rivals

SINGAPORE: Malaysian palm oil futures finished nearly 2% lower on Tuesday following a dip in rival edible oils,...

Published 22 Aug, 2023 04:40pm

BR Research

The ‘resilient’ palm oil demand

While the imports of pretty much everything else has gone down – Pakistan’s love for palm oil seems to be intact....

Published 22 Aug, 2023 08:36am

Markets

Palm rebounds nearly 2% on stronger rival oils, rising exports

SINGAPORE: Malaysian palm oil futures ended at more than a three-week high on Monday, mirroring the strength in...

Published 21 Aug, 2023 06:19pm

Markets

Palm reverse early gains but logs weekly jump on improved demand

KUALA LUMPUR: Malaysian palm oil futures reversed early gains on Friday after hitting a two-week high, but clocked...

Published 18 Aug, 2023 04:52pm

Markets

Palm oil hits near three-week closing high

KUALA LUMPUR: Malaysian palm oil futures rose on Thursday for a third consecutive day, hitting a near three-week...

Published 18 Aug, 2023 05:42am

Markets

Palm oil snaps three-session fall as exports surge

KUALA LUMPUR: Malaysian palm oil futures rose more than 2% on Tuesday ending a three-session decline, helped by a...

Published 15 Aug, 2023 04:32pm

Markets

Palm oil ends lower for third session

KUALA LUMPUR: Malaysian palm oil futures closed lower for a third straight session on Monday, pressured by a drop in...

Updated 15 Aug, 2023 07:28am

Markets

Palm oil falls more than 2%, ending three-session rally

KUALA LUMPUR: Malaysian palm oil futures fell on Tuesday in a retreat from the previous day’s more than three-month...

Published 04 Jul, 2023 04:36pm

Markets

Palm ends two-day rise tracking weaker Chicago soyoil

JAKARTA: Malaysian palm oil futures reversed early gains on Tuesday, tracking rival edible oils lower, but a weaker...

Published 27 Jun, 2023 05:06pm

Gainers
Losers
Leaders

Stock	Price
SME Leasing Ltd / Oct 3 SME Leasing Limited(SLL)	2.24 ▲ 0.47 (26.55%)
Hala Enterprise / Oct 3 Hala Enterprises Limited(HAEL)	8.99 ▲ 1.00 (12.52%)
Habib Ins. / Oct 3 Habib Insurance Company Limited(HICL)	5.05 ▲ 0.54 (11.97%)
Merit Packaging / Oct 3 Merit Packaging Limited(MERIT)	7.84 ▲ 0.59 (8.14%)
Dewan Sugar / Oct 3 Dewan Sugar Mills Limited(DWSM)	2 ▲ 0.14 (7.53%)
Masood Textile / Oct 3 Masood Textile Mills Limited(MSOT)	41.82 ▲ 2.92 (7.51%)
United Dist. / Oct 3 United Distributors Pakistan Limited(UDPL)	34.06 ▲ 2.38 (7.51%)
First Tri-Star Mod. / Oct 3 First Tri-Star Modaraba(FTSM)	17.20 ▲ 1.20 (7.50%)
K.S.B.Pumps / Oct 3 KSB Pumps Company Limited(KSBP)	99.13 ▲ 6.92 (7.50%)
Pak Hotels / Oct 3 Pakistan Hotels Developers Limited(PHDL)	297.04 ▲ 20.72 (7.50%)

Stock	Price
Grays Leasing / Oct 3 Grays Leasing Limited(GRYL)	3.40 ▼ -0.70 (-17.07%)
First Elite Cap.Mod / Oct 3 First Elite Capital Modaraba(FECM)	2.71 ▼ -0.49 (-15.31%)
Next Capital / Oct 3 Next Capital Limited(NEXT)	4.14 ▼ -0.55 (-11.73%)
Aisha Steel(ConPS) / Oct 3 Aisha Steel(ConPS)(ASLPS)	8.17 ▼ -1.00 (-10.91%)
Punjab Mod / Oct 3 First Punjab Modaraba(FPJM)	1.60 ▼ -0.19 (-10.61%)
Pak Gulf Leasing / Oct 3 Pak-Gulf Leasing Company Limited(PGLC)	5.80 ▼ -0.55 (-8.66%)
Leather Up Ltd. / Oct 3 Leather Up Limited(LEUL)	10.71 ▼ -0.98 (-8.38%)
Unicap Modaraba / Oct 3 Unicap Modaraba(UCAPM)	1.36 ▼ -0.12 (-8.11%)
Hussain Industries / Oct 3 Husein Industries Limited(HUSI)	15.40 ▼ -1.25 (-7.51%)
Mehmood Tex / Oct 3 Mehmood Textile Mills Limited(MEHT)	518 ▼ -42.00 (-7.50%)

Stock	Volume
WorldCall Telecom / Oct 3 Worldcall Telecom Limited(WTL)	57,958,318 ▲ 0.02
Cnergyico PK / Oct 3 Cnergyico PK Limited(CNERGY)	17,096,921 ▲ 0.12
Oil & Gas Dev. / Oct 3 Oil & Gas Development Company Limited(OGDC)	17,023,821 ▼ -0.76
Unity Foods Ltd / Oct 3 Unity Foods Limited(UNITY)	7,966,367 ▼ -0.44
Pak Petroleum / Oct 3 Pakistan Petroleum Limited(PPL)	6,591,768 ▼ -0.15
K-Electric Ltd. / Oct 3 K-Electric Limited(KEL)	5,810,746 ▲ 0.07
First Prudential Mod. / Oct 3 First Prudential Modaraba(PMI)	5,527,500 ▼ -0.09
Pak Refinery / Oct 3 Pakistan Refinery Limited(PRL)	4,796,515 ▲ 0.17
Bankislami Pak. / Oct 3 BankIslami Pakistan Limited(BIPL)	4,793,413 ▼ -0.25
Fauji Foods Ltd / Oct 3 Fauji Foods Limited(FFL)	4,775,365 ▲ 0.13

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 3	286.04
USD PKR Interbank Buying / Oct 3	285.64
USD to Japanese Yen / Oct 3	149.79
USD to Swiss Franc / Oct 3	0.92
Pound Sterling to USD / Oct 3	1.21
Euro to USD / Oct 3	1.05
UK LIBOR % / Sep 28	5.43

Stock	Volume
S&P 500 / Oct 2	4288.39
India Sensex / Oct 2	65828.41
Nasdaq / Oct 2	13307.77
Dow Jones / Oct 2	33433.35
Tokyo Nikkei / Oct 3	31237.94
Hang Seng / Oct 3	17295.97
FTSE 100 / Oct 3	7509.27
Germany DAX 30 / Oct 3	15210.01
France CAC40 / Oct 3	7048.41

Item	Value
Karachi Cotton PKR/37.32 KG / Oct 2	18235
Gold 10 Grams PKR / Oct 2	173610
Crude Oil USD/Barrel / Oct 3	88.49
Gold Spot USD/Ounce / Oct 3	1827.91
Cotton US¢/pound / Oct 3	87.52

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