Business News

Spot rates of cotton (Crop 2015-2016)

  • KARACHI, (APP): Karachi Cotton Association (KCA) on Tuesday 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 5,500 135 5,635 Equivalent 40 kgs 5,894 145 6,039

  • Market rates of bullion in Lahore

    LHORE, (APP)-Following bullion rates were received from markets here on Tuesday 2016: BULLION (PER 10 GRAM) ===================== GOLD TEZABI-24 CT—- 40980.00 GOLD 22 CT————-37565.00 GOLD 21 CT————-35858.00 SILVER TEZABI————580.00 SILVER THOBI————-560.00

  • 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 Tuesday. ALONG SIDE (Bulk Oil Pier): OP-III Maple Express D. Petrol GAC 29/05/16 ALONG SIDE (East Wharves): 1 Bright World L. Molasses East Wind 30/05/16 2/3 Glovis Madonna D. Meal Coastal 18/05/16 4 Liberty […]

  • 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 Tuesday. F.C. LOW RATE HIGH RATE U.S $ (Inter Bank) 104.83 104.88 U.S $ (Cash Free Market) 105.05 105.25 SAUDIA RIYAL 27.98 28.18 UAE DIRHAM 28.65 28.85 EURO 117.00 118.00 UK POUND […]

  • European equities ahead at open

    LONDON, (APP/AFP) – European stock markets climbed at the start of trading on Tuesday, with London reopening after a long weekend. In initial trade, the British capital’s FTSE 100 index advanced 0.2 percent to 6,285.06 points compared with Friday’s close and following a public holiday on Monday. In the eurozone on Tuesday, Frankfurt’s DAX 30 […]

  • Volkswagen says net profit tumbled 20 percent in Q1

    FRANKFURT, (APP/AFP) – Embattled German auto giant Volkswagen said Tuesday that both sales and profits fell in the first three months of the year but it is sticking to its full-year targets. VW, currently engulfed in a massive emissions-cheating scandal, said in a statement that net profit slumped by 20.1 percent to 2.31 billion euros […]