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May 20, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Markets » Exchange

Uninspiring STPF scrapped
Exchange

Uninspiring STPF scrapped

Prime Minister Nawaz Sharif has reportedly scrapped Commerce Ministry''s uninspiring three-year Strategic Trade Policy Framework (STPF) 2015-18 finalised under the guidance of Finance Minister Ishaq Dar after internal consultations with top aides, well in
Published 07 Jan, 2016 12:00am
Old design banknotes to cease to be legal tender on December 1
Exchange

Old design banknotes to cease to be legal tender on December 1

The old design banknotes will cease to be legal tender with effect from 1st December 2016. As per the federal government's gazette notification dated 4th June, 2015, State Bank of Pakistan (SBP) has now been decided to phase out all remaining old design b
Published 07 Jan, 2016 12:00am
China sets yuan currency level near five-year low
Exchange

China sets yuan currency level near five-year low

China's central bank on Wednesday set the value of the yuan currency against the US dollar at its lowest since April 2011, according to the national foreign exchange market, raising worries over the health of the world's second-largest economy. The People
Published 07 Jan, 2016 12:00am
ISE index down 13.07 points
Exchange

ISE index down 13.07 points

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) on Wednesday where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 13.07 points as the ISE Ten Index moved from 2,730.71
Published 07 Jan, 2016 12:00am
Five alleged terrorists of TTP killed in encounter
Exchange

Five alleged terrorists of TTP killed in encounter

At least five terrorists of the banned Tehreek-e-Taliban (TTP) were killed in exchange of fire with police here on Wednesday. SSP Malir Rao Anwar said that police responding to a tip-off about the presence of elements involved in suspicious activities con
Published 07 Jan, 2016 12:00am
Cocoa sinks to eight-month low
Exchange

Cocoa sinks to eight-month low

New York cocoa futures on ICE extended losses in heavy volume on Wednesday, falling below $3,000 per tonne for the first time in eight months in their biggest three-day slump in more than a year as speculators sold amid a weak macroeconomic picture. Raw s
Published 07 Jan, 2016 12:00am
ISE index down 13.07 points
Exchange

ISE index down 13.07 points

Bears dominated the proceedings at the Islamabad Stock Exchange (ISE) on Wednesday where equities showed negative signs under the lead of hot favourite amid decrease in index. ISE Ten Index was down by 13.07 points as the ISE Ten Index moved from 2,730.71
Published 07 Jan, 2016 12:00am
Palm oil drops
Exchange

Palm oil drops

Malaysian palm oil futures fell on Wednesday, largely because of weak demand from major importer China. The benchmark palm oil contract for March on the Bursa Malaysia Derivatives Exchange rose slightly before ending the day 0.2 percent lower at 2,448 rin
Published 07 Jan, 2016 12:00am
LSE index loses 15.94 points
Exchange

LSE index loses 15.94 points

Shares on Wednesday staged a comeback on the Lahore Stock Exchange by gaining amid a sluggish trading trend. The LSE-25 index lost 15.94 points to 5,385.59 points against 5401.53 points of Tuesday while the transaction volume squeezed to 21,200 shares as
Published 07 Jan, 2016 12:00am
Rubber tumbles
Exchange

Rubber tumbles

Benchmark Tokyo rubber futures fell to a fresh 7-year low on Wednesday as weak economic data in top buyer China sparked a flurry of sells and the yen jumped to a near 3-month high against the dollar after a possible nuclear test in North Korea. The Tokyo
Published 07 Jan, 2016 12:00am
LSE index loses 15.94 points
Exchange

LSE index loses 15.94 points

Shares on Wednesday staged a comeback on the Lahore Stock Exchange by gaining amid a sluggish trading trend. The LSE-25 index lost 15.94 points to 5,385.59 points against 5401.53 points of Tuesday while the transaction volume squeezed to 21,200 shares as
Published 07 Jan, 2016 12:00am
Copper hits two-week trough as China growth worries resurface
Exchange

Copper hits two-week trough as China growth worries resurface

Copper hit a two-week low on Wednesday as a weak yuan and poor Chinese services data fanned fears over slowing growth in a market still reeling from weak China factory activity and a Shanghai equities sell-off earlier this week. China's services sector ex
Published 07 Jan, 2016 12:00am
Shanghai copper rises
Exchange

Shanghai copper rises

Shanghai Futures Exchange copper rose 0.3 percent to 36,240 yuan ($5,557) a tonne on Wednesday as sentiment remained shaky after data showed slower service sector growth in top consumer China, following on from a contraction in factory activity and a stee
Published 07 Jan, 2016 12:00am
Daily trading report of PMEX
Exchange

Daily trading report of PMEX

On Tuesday, at Pakistan Mercantile Exchange (PMEX), value traded was PKR 4,183 million. The number of lots traded was 16.73 million. PMEX Commodity Index closed at 2,525. Major business was contributed by gold amounting to PKR 3,065 million followed by cr
Published 07 Jan, 2016 12:00am
BOARD MEETINGS
Exchange

BOARD MEETINGS

Board Meetings of Companies listed on the Karachi Stock Exchange.

Published 07 Jan, 2016 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 07 Jan, 2016 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 07 Jan, 2016 12:00am
Funding of non-LC imports: sources have to be declared
Exchange

Funding of non-LC imports: sources have to be declared

Finance Minister, Senator Ishaq Dar here on Tuesday chaired a meeting regarding import related payments through banking channels. The meeting was attended by senior officials of the Ministry of Finance, FBR and State Bank of Pakistan, a press release issu
Published 06 Jan, 2016 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 06 Jan, 2016 12:00am
Most emerging Asian currencies rebound
Exchange

Most emerging Asian currencies rebound

Most emerging Asian currencies rebounded on Tuesday as China took steps to restore calm, including through suspected currency market intervention, after a plunge in China's share markets the previous day forced emerging market investors into retreat. Stro
Published 06 Jan, 2016 12:00am