News stories for Fawad Maqsood

Fawad Maqsood

World

Egypt says economy on right track after 5.6pc growth in 2018/19

CAIRO: Egypt's economy grew 5.6pc in the 2018/19 fiscal year and is "on the right track" as it completes IMF-backed refo

Published 17 Jul, 2019 08:34pm

Markets

US Cash Grains-Basis strong in East; farmer sales slow as growers monitor crops

CHICAGO: Spot basis bids for corn firmed at elevators, river terminals and ethanol plants in the eastern half of the US

Published 17 Jul, 2019 08:33pm

Markets

Dollar holds steady, pound hits 27-month low

NEW YORK: The dollar was little changed against most major currencies on Wednesday, pausing after prior day's gains tied

Published 17 Jul, 2019 08:28pm

Markets

Raw sugar slips following bearish white sugar expiry

LONDON: Raw sugar futures slipped on Wednesday on signs of excess stocks after almost 800,000 tonnes of white sugar was

Published 17 Jul, 2019 08:27pm

World

Poland proposes tightening 5G security standards

WARSAW: Poland has proposed tightening its cyber security standards and could ban certain products or suppliers from key

Published 17 Jul, 2019 08:26pm

World

France seeks trade, climate or other top EU job

PARIS: France is eyeing a "strong economic portfolio" in the new European Commission such as trade or overseeing climate

Published 17 Jul, 2019 08:25pm

Markets

Sterling touches two-year low as investors hedge rise in Brexit risk

LONDON: Sterling fell below $1.24 on Wednesday, levels not plumbed for more than two years, as investors continued to pr

Published 17 Jul, 2019 08:21pm

Markets

Ivory Coast cocoa port arrivals seen up 9pc at 2.092mn T

ABIDJAN: Cocoa arrivals at ports in top grower Ivory Coast reached 2.092 million for the season between Oct. 1 and July

Published 17 Jul, 2019 08:20pm

Markets

Oil prices steady after US fuel inventories build

NEW YORK: Oil prices on Wednesday steadied after plummeting more than 3pc in the previous session, but were weighed down

Published 17 Jul, 2019 08:19pm

Markets

Ghana 2019/20 cocoa sales reach 650,000 T by July 8

ABIDJAN: Ghana's Cocoa Marketing Company (CMC) has sold a total of 600,000 tonnes of cocoa beans for the 2019/20 season,

Published 17 Jul, 2019 08:18pm

IMF sees dangers from trade tensions, overvalued dollar

WASHINGTON: The International Monetary Fund said on Wednesday the US dollar was overvalued by 6pc to 12pc, based on near

Published 17 Jul, 2019 08:00pm

Markets

US Cash Soymeal-Rail, truck market offers steady

CHICAGO: Spot basis offers for soymeal held steady at US truck and rail market processors on Wednesday, dealers said.

Published 17 Jul, 2019 07:46pm

Business & Finance

Telecom Italia considering sale of assets worth 2bn euros

MILAN: Italy's largest phone company, Telecom Italia, is considering a plan to sell assets worth around 2 billion euros

Published 17 Jul, 2019 07:45pm

Markets

Europe Distillates-Diesel cracks fall sharply as US stocks rise

LONDON: Benchmark diesel refining margins in northwest Europe fell sharply on Wednesday to around $14.40 a barrel as a r

Published 17 Jul, 2019 07:44pm

Markets

Russia's Transneft, oil firms clash over pipeline system clean-up

MOSCOW: Major Russian oil companies have challenged a plan by Transneft that aims to resolve a problem of tainted oil st

Published 17 Jul, 2019 07:43pm

World

Russians' incomes fall further in Q2 as economy struggles

MOSCOW: Russians' disposable incomes declined further in the second quarter as inflation and debt costs weighed, data sh

Published 17 Jul, 2019 07:42pm

Markets

Corn, soybeans, wheat slightly higher as Midwest temperatures spike

CHICAGO: Chicago corn, wheat, and soybean futures edged up on Wednesday after a two-day fall as traders assessed crop pr

Published 17 Jul, 2019 07:40pm

Markets

Europe Gasoline/Naphtha-Margins slip as US stocks build

LONDON: Northwest European gasoline refining margins fell on Wednesday as a rise in inventories in the United States, a

Published 17 Jul, 2019 07:39pm

Business & Finance

Italian banks ready to avert another Carige funding failure

MILAN: Italian banks are set to fund the bulk of a 900 million euro ($1.01 billion) rescue plan for troubled regional le

Published 17 Jul, 2019 07:36pm

World

Citing Brexit, Ireland to oppose EU move to scrap spring/autumn time change

DUBLIN: Ireland will oppose an EU proposal to stop moving the bloc's clocks forward by an hour in spring and back again

Published 17 Jul, 2019 07:35pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 25	277.83
USD PKR Interbank Buying / Nov 25	277.73
USD to Japanese Yen / Nov 25	154.29
USD to Swiss Franc / Nov 25	0.89
Pound Sterling to USD / Nov 25	1.26
Euro to USD / Nov 25	1.05

Stock	Volume
S&P 500 / Nov 22	5,969.34
Nasdaq / Nov 22	18,003.65
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59
France CAC40 / Nov 22	7,255.01
India Sensex / Nov 25	80,331.40
Tokyo Nikkei / Nov 25	38,933.62

Item	Value
Gold 10 Grams PKR / Nov 22	240,483
Crude Oil USD/Barrel / Nov 25	70.68
Karachi Cotton PKR/37.32 KG / Nov 25	17,685
Gold Spot USD/Ounce / Nov 25	2,664.27
Cotton US¢/pound / Nov 25	71.20
Petrol/Litre / Nov 26	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 26 786 Investments Limited(786)	6.86 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 26 Al-Abbas Sugar Mills Limited(AABS)	610 ▼ 0.00 (0.00%)
Agro Allianz / Nov 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 26 Ali Asghar Textile Mills Limited(AATM)	74.39 ▼ 0.00 (0.00%)
Allied Bank / Nov 26 Allied Bank Limited(ABL)	122.01 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 26 Abbott Laboratories (Pakistan) Limited(ABOT)	998.48 ▼ 0.00 (0.00%)
Abson Ind. / Nov 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 26 Alfalah Consumer Index ETF.(ACIETF)	12.42 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 26 786 Investments Limited(786)	6.86 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 26 Al-Abbas Sugar Mills Limited(AABS)	610 ▲ 0.00 (0.00%)
Agro Allianz / Nov 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 26 Ali Asghar Textile Mills Limited(AATM)	74.39 ▲ 0.00 (0.00%)
Allied Bank / Nov 26 Allied Bank Limited(ABL)	122.01 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 26 Abbott Laboratories (Pakistan) Limited(ABOT)	998.48 ▲ 0.00 (0.00%)
Abson Ind. / Nov 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 26 Alfalah Consumer Index ETF.(ACIETF)	12.42 ▲ 0.00 (0.00%)

Stock	Volume
Hascol Petrol / Nov 26 Hascol Petroleum Limited(HASCOL)	64,823,622 ▲ 0.00
Cnergyico PK / Nov 26 Cnergyico PK Limited(CNERGY)	48,065,578 ▲ 0.00
Fauji Foods Ltd / Nov 26 Fauji Foods Limited(FFL)	40,919,425 ▲ 0.00
WorldCall Telecom / Nov 26 Worldcall Telecom Limited(WTL)	33,547,707 ▲ 0.00
K-Electric Ltd. / Nov 26 K-Electric Limited(KEL)	32,092,012 ▲ 0.00
Sui South Gas / Nov 26 Sui Southern Gas Company Limited(SSGC)	30,420,168 ▲ 0.00
Treet Battery / Nov 26 Treet Battery Limited(TBL)	22,823,492 ▲ 0.00
B.O.Punjab / Nov 26 The Bank of Punjab(BOP)	20,014,784 ▲ 0.00
Waves Home Appliances / Nov 26 Waves Home Appliances Limited(WAVESAPP)	19,695,105 ▲ 0.00

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