News stories for Usama Fayyaz - Business Recorder

Usama Fayyaz

Bitcoin extends losses after Fed chief urges halt to Facebook's crypto project

LONDON: Bitcoin dipped almost 8pc on Thursday, extending losses the day after US Federal Reserve Chairman Jerome Powell

Published 11 Jul, 2019 09:30pm

Markets

US yields climb after weak bond auction, inflation

NEW YORK: US Treasury yields rose, with the biggest gains in long-dated maturities, after Thursday's auction of $16 bill

Published 11 Jul, 2019 09:29pm

World

Trump says he will call big meeting of technology companies soon

WASHINGTON: US President Donald Trump said Thursday he plans to call a meeting of technology company executives later th

Published 11 Jul, 2019 09:16pm

Markets

C$ nears 8-month high on diverging US and Canadian rate outlooks

TORONTO: The Canadian dollar firmed against its US counterpart on Thursday, approaching last week's eight-month high, as

Published 11 Jul, 2019 09:11pm

Trump, Netanyahu discuss Iran threat, sanctions in call-statements

WASHINGTON: President Donald Trump spoke with Israeli Prime Minister Benjamin Netanyahu about Iran on Wednesday, the Whi

Published 11 Jul, 2019 09:00pm

Business & Finance

Apple's India-made top-end iPhones to hit stores next month

MUMBAI: Apple Inc's top-end iPhones, assembled in India by Foxconn's local unit, are likely to hit Indian stores next mo

Published 11 Jul, 2019 08:58pm

Markets

Copper prices firm on soft dollar but trade war caps gains

LONDON: Copper was supported by a weaker US dollar on Thursday after Federal Reserve Chairman Jerome Powell raised expec

Published 11 Jul, 2019 08:55pm

Business & Finance

Deutsche Bank boss says scolded staff for suit fitting amid layoffs

FRANKFURT: Chief Executive Christian Sewing personally called Deutsche Bank staff members to admonish them for having su

Published 11 Jul, 2019 08:54pm

Business & Finance

Egypt central bank keeps key rates unchanged

CAIRO: Egypt's central bank on Thursday kept its key interest rates steady, in line with a Reuters poll of economists.

Updated 11 Jul, 2019 11:03pm

World

EU threatens Turkey with sanctions over Cyprus drilling

BRUSSELS: The European Union is set to curb contacts and funding for Ankara in retaliation for what it calls Turkey's "i

Published 11 Jul, 2019 08:50pm

Markets

EU wheat jumps after Russia-led cut to USDA world supply outlook

PARIS: Euronext wheat futures ended sharply higher on Thursday after the U.S government made a steep cut to its forecast

Published 11 Jul, 2019 08:47pm

Markets

Europe Gasoline/Naphtha-Cracks jump as Atlantic basin stocks fall

LONDON: Northwest European gasoline refining margins rose sharply on Thursday, supported by falls in inventories on both

Published 11 Jul, 2019 08:46pm

World

United Nations chief calls for more support for cyclone-hit Mozambique

MAPUTO: UN Secretary General Antonio Guterres on Thursday called on the international community to provide more aid to M

Published 11 Jul, 2019 08:45pm

Markets

European shares dip on pharma drag as Fed optimism sizzles out

European shares closed at a two-week low on Thursday weighed down by pharma stocks on worries that US government may int

Published 11 Jul, 2019 08:44pm

World

Guatemala's president Morales to visit Washington amid asylum negotiations

GUATEMALA CITY: Guatemalan President Jimmy Morales will travel to Washington next week, his spokesman said on Thursday,

Published 11 Jul, 2019 08:38pm

World

Irish parliament calls on government to thwart EU-Mercosur deal

DUBLIN: Ireland's parliament voted on Thursday to press the government to lead opposition inside the European Union to a

Published 11 Jul, 2019 08:35pm

Markets

Oil steadies on dim OPEC demand outlook, pares gains from Gulf of Mexico storm

NEW YORK: Oil prices steadied on Thursday as OPEC forecast slower demand for its crude next year, with crude futures eas

Published 11 Jul, 2019 08:34pm

World

Russia's Putin, Ukraine's Zelenskiy discuss ending conflict in eastern Ukraine

MOSCOW: Russian President Vladimir Putin and Ukraine's leader Volodymyr Zelenskiy held their first telephone conversatio

Published 11 Jul, 2019 08:32pm

World

South African finance minister aims for Eskom funding bill on July 23

CAPE TOWN: South African Finance Minister Tito Mboweni said on Thursday he was considering introducing a special appropr

Published 11 Jul, 2019 08:30pm

World

Spain's Sanchez says no new election planned despite government impasse

MADRID: Spain's acting Prime Minister Pedro Sanchez said on Thursday he was not planning to call a new election and woul

Published 11 Jul, 2019 08:28pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Cotton US¢/pound / Nov 21	70.60
Petrol/Litre / Nov 22	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 22 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 22 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 22 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 22 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 22 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 22 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 22 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 22 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 22 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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