News stories for Nasir Ahmed - Business Recorder

Nasir Ahmed

Markets

Iron ore holds up, but weak China steel seen capping gains

SINGAPORE: Iron ore rose to a 1-1/2-week high above $62 a tonne after a recent drop to its lowest level in nearly six ye

Published 11 Feb, 2015 06:07am

Markets

Palm oil to test resistance at 2,326 ringgit

SINGAPORE: Palm oil is expected to test a resistance at 2,326 ringgit per tonne, as it has found a support at 2,284 ring

Published 11 Feb, 2015 05:55am

Markets

Higher yields support dollar, euro in focus before EU talks

SYDNEY/SINGAPORE: The dollar hovered near a one-month high versus the yen on Wednesday, bolstered by gains in Treasury y

Published 11 Feb, 2015 05:47am

China says resignation of top Taiwan official won't affect ties

BEIJING: The Chinese government said on Wednesday that the resignation of the head of Taiwan's China policy-making b

Published 11 Feb, 2015 05:39am

Markets

Brent holds above $56 after US crude stocks rise less than expected

BEIJING: Brent crude held steady above $56 a barrel on Wednesday, and US crude rose briefly more than $1, after a smalle

Published 11 Feb, 2015 05:32am

Markets

CBOT soybeans may revisit low of $9.55

SINGAPORE: CBOT soybeans March contract may revisit its Jan. 30 low of $9.55 per bushel, as it has broken a support at $

Published 11 Feb, 2015 05:23am

Markets

Yuan weakens on deflation fears

SHANGHAI: China's yuan weakened marginally on Wednesday amid concerns that deflationary risks are growing, increasin

Published 11 Feb, 2015 05:17am

Sports

Clarke opens on return for Australia

MELBOURNE: Australia captain Michael Clarke was thrown straight into the deep end on his return after a long lay-off fro

Published 11 Feb, 2015 05:06am

Business & Finance

Korea's Asiana Airlines to buy 25 Airbus planes for 3.1trn won

SEOUL: South Korea's Asiana Airlines Inc said on Wednesday that it will buy 25 aeroplanes from Airbus Group NV for 3

Published 11 Feb, 2015 04:59am

Business & Finance

US states say Anthem too slow to inform customers of breach

BOSTON: Ten US states have sent a letter to Anthem Inc complaining that the company has been too slow in notifying consu

Published 11 Feb, 2015 04:47am

World

India's 2015/16 budget to assume growth of 8+ pc

NEW DELHI: Revisions to India's economic output data mean that Finance Minister Arun Jaitley's upcoming budget s

Published 10 Feb, 2015 10:38am

Business & Finance

Japan extends deadline for Kansai airport licence to May

TOKYO: Japan has extended by three months the first-round bidding deadline for a multi-billion dollar concession to run

Published 10 Feb, 2015 10:27am

More oil price pressure may be ahead – IEA

SINGAPORE: Oil prices may come under more downward pressure before recovering later this year as ample supplies push inv

Published 10 Feb, 2015 10:15am

Business & Finance

Italy December industry output rises for second month running, but Q4 marginally down

ROME: Italian industrial output was stronger than expected in December, rising 0.4 percent after a 0.3 percent gain in N

Published 10 Feb, 2015 10:08am

Business & Finance

Danish inflation falls in January for first time in decades

COPENHAGEN: Danish consumer price inflation fell in January for the first time in five decades as cheaper oil cut petrol

Published 10 Feb, 2015 10:01am

Business & Finance

Indonesia sells 2.3tn rupiah of Islamic bonds, above target

JAKARTA: Indonesia's finance ministry sold 2.315 trillion rupiah, or $182.76 million of Islamic bonds at an auction

Published 10 Feb, 2015 09:50am

Business & Finance

Czech O2 net profit likely fell 40pc in fourth quarter

PRAGUE: Telecoms group O2 Czech Republic will likely post a 40 percent year-on-year drop in fourth-quarter net profit, a

Published 10 Feb, 2015 09:44am

Business & Finance

Indonesia sees Newmont concentrate output up 25pc in 2015

JAKARTA: Indonesia expects US miner Newmont Mining Corp to produce 25 percent more copper and gold concentrate in 2015,

Published 10 Feb, 2015 09:33am

Business & Finance

Michelin to cut more costs after profit misses forecast

PARIS: French tyre maker Michelin will look for an extra 200 million euros ($227 million) in cost savings after cut-pric

Published 10 Feb, 2015 09:23am

Markets

China stocks gain as low inflation raises policy easing prospect

SHANGHAI: Chinese shares gained for a second day on Tuesday as lower-than-expected inflation raised the prospect of furt

Published 10 Feb, 2015 08:35am

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
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Cotton US¢/pound / Nov 23	70.77
Petrol/Litre / Nov 24	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 24 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 24 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 24 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 24 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 24 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 24 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 24 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 24 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 24 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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