News stories for Nasir Ahmed - Business Recorder

Nasir Ahmed

Business & Finance

France doubles fund to help local authorities with Swiss franc surge

PARIS: France has decided to double to 3 billion euros ($3.39 billion) a fund that is helping local authorities deal wit

Published 24 Feb, 2015 01:13pm

World

Mauritius trade deficit widens 5.4pc in December

PORT LOUIS, Feb 24 (Reuters) - Mauritius said its trade deficit widened 5.4 percent to 9.09 billion rupees ($273.80 mill

Published 24 Feb, 2015 01:04pm

Markets

Russian assets weaker as market prices in Moody's downgrade

MOSCOW: Russia's assets were weaker on Tuesday after Moody's ratings agency downgraded Russia's credit ratin

Published 24 Feb, 2015 12:58pm

World

India's farm ministry seeks cut in oilseed import duty

NEW DELHI: India's farm ministry has proposed that the government cut the 30 percent import duty on oilseeds in the

Published 24 Feb, 2015 12:50pm

Markets

Palm ends higher on renewed buying interest, but hovers near 2-1/2-week low

KUALA LUMPUR: Malaysian palm oil futures ended higher on Tuesday, pausing a slide from the previous day's session as

Published 24 Feb, 2015 12:44pm

World

UK payday lender Wonga to cut 325 jobs amid restructuring

LONDON: Britain's biggest payday lender Wonga Group announced on Tuesday that it would cut 325 jobs, as the company

Published 24 Feb, 2015 12:35pm

World

Wells Fargo expands metals business with London desk

LONDON: Wells Fargo Securities will open a metals desk in London in a push into the sector as other larger players have

Published 24 Feb, 2015 12:08pm

Business & Finance

Aer Lingus presses Irish government on IAG takeover

DUBLIN: The chief executive of Aer Lingus warned that the Irish airline's growth prospects could be jeopardised if a

Published 24 Feb, 2015 12:04pm

World

Greece makes more concessions to euro zone, Germany sets vote

BERLIN/BRUSSELS: Greece's new leftist-led government climbed down further to euro zone creditors on its plans to hal

Published 24 Feb, 2015 11:55am

World

Prices rise as Ukraine gas transit risks resurface

LONDON: British natural gas prices rose on Tuesday as Russia's Gazprom warned of "serious" risks to gas transit to E

Published 24 Feb, 2015 11:43am

Markets

Norway gas flows fall on Oseberg, Heimdal outages

OSLO: Norwegian gas output fell by 14.4 million cubic meters (mcm) on Tuesday due to separate outages at the Oseberg and

Published 24 Feb, 2015 11:33am

Markets

Libya's Sarir, Messla oilfields stop work after power cut

BENGHAZI: The Sarir and Messla oilfields feeding Libya's port of Hariga have stopped working due to a power outage w

Published 24 Feb, 2015 11:28am

Markets

Singapore Exchange CEO leaving in June after contract ends

SINGAPORE: Singapore Exchange Ltd (SGX) said its Chief Executive Officer Magnus Bocker would leave in June, as he was no

Published 24 Feb, 2015 11:17am

Markets

Australia shares hit 7-year closing high as investors cheer earnings

SYDNEY, Feb 24 (Reuters) - Australian shares edged up to a seven-year closing high on Tuesday as promising results in th

Published 24 Feb, 2015 11:07am

Business & Finance

Kuwait's Burgan Bank Q4 net profit jumps

DUBAI: Burgan Bank, Kuwait's third-largest lender by assets, reported a 424 percent rise in fourth-quarter net profi

Published 24 Feb, 2015 11:04am

Markets

Thailand's CP All plans $552mn bond issue to refinance debt

BANGKOK: CP All PCL, Thailand's largest convenience store chain, said on Tuesday it plans to raise 18 billion baht (

Published 24 Feb, 2015 10:54am

Markets

Palm hovers at 2-1/2 week low; weak soy, technical weigh

KUALA LUMPUR: Malaysian palm oil futures extended their slide into a second day on Tuesday, tracking losses in overseas

Published 24 Feb, 2015 10:49am

Markets

Rupiah hits 10-week low; Asia FX dips ahead of Yellen testimony

SINGAPORE: The Indonesian Rupiah hit a ten-week low on Tuesday, leading losses among emerging Asian currencies, as inves

Published 24 Feb, 2015 10:42am

World

Yellen faces Senate grilling on Fed rate policy, transparency

WASHINGTON: Federal Reserve Chair Janet Yellen is expected to face pointed questions this week from US lawmakers aimed a

Published 24 Feb, 2015 10:31am

Markets

South Korea expects to see effect of low oil prices over medium-term

SEOUL: South Korea's economy is expected to see definite effects from low global oil prices over the medium-term, it

Published 24 Feb, 2015 10:22am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Petrol/Litre / Nov 23	248.38
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Diesel/Litre / Nov 23	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 23 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 23 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 23 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 23 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 23 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 23 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 23 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 23 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 23 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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