News stories for Fawad Maqsood

Fawad Maqsood

Business & Finance

HSBC slashes US and German government bond yield forecasts

LONDON: HSBC said on Tuesday that it had cut its forecasts for US and German government bond yields, reflecting growing

Published 06 Aug, 2019 11:59am

Markets

Gold holds near six-year peak as trade tensions simmer

Gold steadied on Tuesday after touching a six-year high as simmering tensions between Washington and Beijing propelled i

Published 06 Aug, 2019 11:59am

Markets

Ghana to raise cocoa farmers' prices by 5.2pc

ABIDJAN: Ghana will raise cocoa farmgate prices by 5.2pc for the 2019/20 season, the first increase in four years, follo

Published 06 Aug, 2019 11:58am

Markets

European shares inch higher after two-day sell-off

European shares steadied on Tuesday after posting their biggest two-day drop in over 3 years, as upbeat German data soot

Published 06 Aug, 2019 11:56am

World

EU Commission says open to Brexit discussions with Britain

BRUSSELS: The European Commission is willing to discuss Brexit with Britain over the coming weeks, a spokeswoman said on

Published 06 Aug, 2019 11:52am

World

Egypt's Suez Canal annual revenue rises to $5.9bn

CAIRO: Annual revenue from Egypt's Suez Canal rose by $300 million to $5.9 billion, the canal authority chairman said on

Published 06 Aug, 2019 11:51am

World

Diabetes drug maker Novo Nordisk buys pill factory in North Carolina

COPENHAGEN: Novo Nordisk said on Tuesday it had bought a factory in North Carolina that would assist in manufacturing an

Published 06 Aug, 2019 11:40am

Markets

China's yuan steadies, but stocks slump as trade war engulfs currency

HONG KONG: China's tumbling yuan steadied on Tuesday as authorities took steps to contain its slide, while stocks tanked

Published 06 Aug, 2019 11:39am

World

China warns Hong Kong protesters not to ‘play with fire’

BEIJING: Radical protesters in Hong Kong must not mistake China's restraint for weakness, China's Hong Kong affairs offi

Published 06 Aug, 2019 11:38am

Business & Finance

China says US currency manipulator labelling could cause chaos in financial markets

BEIJING: China's central bank said on Tuesday that Washington's decision to label Beijing as a currency manipulator woul

Published 06 Aug, 2019 11:38am

Markets

China aluminium smelters narrow losses in July

BEIJING: Production costs for aluminium smelters in China, the world's top maker of the metal, fell 4pc month-on-month t

Published 06 Aug, 2019 11:37am

Business & Finance

Bank of Israel says one thing, markets believe another as shekel strengthens

JERUSALEM: Amir Yaron's honeymoon as Bank of Israel governor lasted eight months. In that time, he and the bank's pol

Published 06 Aug, 2019 11:36am

Markets

Asia Distillates-Jet fuel cash differentials slip

SINGAPORE: Asia's cash premiums for jet fuel fell on Tuesday, hurt by lacklustre buying interest in the physical market,

Published 06 Aug, 2019 11:36am

Business & Finance

Apple, Goldman Sachs start issuing Apple Cards to consumers

Apple Inc rolled out its virtual credit card on Tuesday, working with bank Goldman Sachs Group Inc on the new iPhone add

Published 06 Aug, 2019 11:35am

Markets

Yuan drops below 7 per dollar as trade war escalates

NEW YORK: China let its yuan weaken below 7 to the dollar on Monday, an 11-year low, leading to broad risk aversion on c

Published 05 Aug, 2019 04:10pm

Markets

Wall Street slumps as yuan slide intensifies trade angst

Wall Street's main indexes fell sharply on Monday, with the Dow Jones Industrial Average tumbling more than 500 points,

Published 05 Aug, 2019 04:10pm

Markets

US yields tumble as trade fears spur bond rally

NEW YORK: US Treasury yields tumbled on Monday, with 10-year yields hitting their lowest level since November 2016, as f

Published 05 Aug, 2019 04:09pm

Markets

US Cash Grains-Soybean, corn bids steady around Midwest interior

CHICAGO: Spot basis bids for corn and soybeans were mostly unchanged at interior processors and elevators around the US

Published 05 Aug, 2019 04:09pm

Business & Finance

Turkish central bank to hold 1-, 3-, 6-month swap transactions

ISTANBUL: Turkey's central bank said on Monday it will hold lira swap transactions with 1-, 3-, and 6-month maturities v

Published 05 Aug, 2019 04:08pm

Business & Finance

Tesco to cut 4,500 jobs in Metro restructuring

LONDON: British supermarket chain Tesco is cutting about 4,500 jobs from its Metro stores to improve the efficiency of a

Published 05 Aug, 2019 04:08pm

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 25	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 25 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 25 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 25 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 25 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 25 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 25 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 25 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 25 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 25 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 25 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 25 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 25 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

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

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