KARACHI, (APP): Karachi Cotton Association (KCA) on Friday announced the following KCA Spot Rates for local dealing in Pak rupees for base grade 3 (three) staple length 1-1/16″ Micronaire value between 3.8 and 4.9 NCL. Rate Ex-Gin Up-country Spot Rates for Price Expenses Ex-Karachi 37.324 kgs 6,650 135 6,785 Equivalent 40 kgs 7,127 145 7,272
Business News
Spot rates of cotton (Crop 2015-2016)
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Kerb currency market
KARACHI, (APP): Following were the Opening Rates of foreign currencies in kerb market issued by the Forex Association of Pakistan (FAP), here on Friday. F.C. LOW RATE HIGH RATE U.S $ (Inter Bank) 104.60 104.65 U.S $ (Cash Free Market) 105.90 106.10 SAUDIA RIYAL 28.10 28.30 UAE DIRHAM 28.80 29.00 EURO 117.40 118.40 UK POUND […]
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Tokyo’s Nikkei ends flat ahead of US jobs data
TOKYO, (APP/AFP) – Tokyo stocks ended flat on Friday in a lacklustre session ahead of key US jobs data, but Toyota surged after a forecast-beating earnings report. The world’s biggest automaker on Thursday reported a 552.5 billion yen ($5.4 billion) net profit in April-June, down 15 percent on-year but well ahead of estimates of 440.2 […]
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Oil prices down on profit-taking
SINGAPORE, (APP/AFP) – Oil prices fell in Asia on profit-taking Friday following two days of gains, but analysts suggested there could be some extra gains after recently falling below $40 a barrel. The losses come despite a rally across regional stock markets after the Bank of England announced an interest rate cut — the first […]
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European stocks rise on BoE boost, ahead of US data
LONDON (APP/AFP) – Europe’s stock markets advanced Friday, one day after the Bank of England announced a post-Brexit interest rate cut and surprise stimulus, while investors awaited key US non-farm payrolls data. In initial trade, London’s FTSE 100 index rose 0.4 percent to 6,764.35 points, after the BoE halved rates on Thursday to a record-low […]
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KPT shipping intelligence report
KARACHI, (APP): The Karachi Port Trust (KPT) issued the following shipping report for the last 24 hours, ending 0700 hours on Friday. ALONG SIDE (Bulk Oil Pier): OP-I Formosa Falcon D. Petrol Alpine 04/08/16 OP-II Kota Kaya — 05/08/16 OP-III FPMC 20 D. Petrol Alpine 03/08/16 ALONG SIDE (East Wharves): 1/2 Olympic Pioneer D. Coal […]