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Archive for the December 30, 2017

  • Malaysian palm oil fell on Friday evening in a second day of declines, weighed down by a stronger ringgit, its currency of trade. The market dropped earlier, tracking losses in overnight soyaoil on the Chicago

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    • News Desk
    • Dec 30th, 2017
    • Comments Off on Raw sugar extends rally, still ends 2017 with largest loss since 2011

    Raw sugar on ICE Futures US extended its year-end rally on Friday, but in annual terms still skidded to a loss of more than 22 percent on expectations of large excess supplies, with both cocoa

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  • Gold extended a nine-day rally on Thursday and hit a one-month high on a strong technical outlook and a US dollar at a four-week low, as palladium prices reversed earlier losses to touch fresh 17-year

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  • Gold prices hit one-month highs on Friday and were on track for their best year since 2010, driven higher over the past 12 months mainly by a weaker dollar and safe-haven buying prompted by global

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  • Gold hit its highest in 2-1/2 months on Friday and remained on track for its biggest annual rise since 2010 as a wilting dollar, political tensions and receding concerns over the impact of US interest

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  • Cocoa exporters in Cameroon reckon that port arrivals since the start of the season in August had amounted to between 110,000 and 115,000 tonnes by mid-December, down from around 145,000 tonnes in the same period

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  • Gold extended its rally to a three-month high on Friday, leaping toward its biggest one-year rise in seven years as a wilting US dollar, political tensions and receding concerns over the impact of US interest

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    • News Desk
    • Dec 30th, 2017
    • Comments Off on Haleeb Foods, Matrix Dairy Farm enter deal

    Haleeb Foods has entered in to an agreement with Matrix dairy farm, a leading dairy farm of the country complying with best dairy farming practices, to collect farm fresh milk. Speaking on the partnership Memosh

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    • News Desk
    • Dec 30th, 2017
    • Comments Off on SECP directs PSX to hold election of shareholder directors

    The Securities and Exchange Commission of Pakistan (SECP) has directed the Pakistan Stock Exchange Limited (PSX) to fix the number of directors and hold election of shareholder directors in accordance with requirements of the Companies

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  • Textile exports have started showing a positive trend, giving rise to hopes that the full-year proceeds will hit USD 13 billion after a gap of two years. Textile exports jumped 7.66 percent year-on-year to USD

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