News stories for Usama Fayyaz - Business Recorder

Usama Fayyaz

Markets

Raw sugar prices ease, focus on India export prospects

LONDON: Raw sugar prices on ICE weakened on Thursday, drifting down towards the prior session's near 11-month low, with

Published 29 Aug, 2019 09:03pm

World

Italy's president gives Conte green light to form new government

ROME: Italy's president asked Giuseppe Conte to head up a coalition of the 5-Star Movement and opposition Democratic Par

Published 29 Aug, 2019 09:01pm

Business & Finance

Mexico central bank board member Guzman was lone vote to hold rates steady

MEXICO CITY: Mexico central bank deputy governor Javier Guzman was the sole board member who voted to hold the Bank of M

Published 29 Aug, 2019 08:57pm

Markets

US natural gas rises to 1-month high on storage build near expectations

US natural gas futures rose on Thursday to hit a one-month peak after a government report showed a weekly US storage bui

Published 29 Aug, 2019 08:53pm

Business & Finance

Volkswagen discussing Turkish car tax as it seeks deal on plant

ANKARA: German carmaker Volkswagen is holding talks with officials in Ankara over Turkey's vehicle tax regime as it seek

Published 29 Aug, 2019 08:48pm

Markets

Sterling volatility gauges jump as investors fear Brexit showdown

LONDON: Traders are bracing for more big price swings in the pound between now and the expected Oct. 31 Brexit date afte

Published 29 Aug, 2019 08:46pm

Markets

Gold firms as slowdown fears linger; positive trade vibes cap gains

Gold firmed near a multi-year peak on Thursday as fragile sentiment over the global economy boosted safe havens, while p

Published 29 Aug, 2019 08:43pm

Markets

Italy's bond yields hit record lows on coalition green light

LONDON: Italian and Greek bond yields hit record lows on Thursday after Italy's president gave Giuseppe Conte the green

Published 29 Aug, 2019 08:42pm

Business & Finance

ECB has room to ease but must consider stability risks

FRANKFURT: The European Central Bank still has room to cut interest rates if needed, although this may pose a financial

Published 29 Aug, 2019 08:40pm

Markets

Dollar stable with eased trade tensions

NEW YORK: The US dollar was modestly higher on Thursday as news Washington and Beijing were discussing negotiations in S

Published 29 Aug, 2019 08:38pm

Trump: US will maintain presence in Afghanistan even if deal reached with Taliban

WASHINGTON: President Donald Trump said on Thursday that US troop levels in Afghanistan were being reduced to 8,600 but

Published 29 Aug, 2019 08:36pm

Markets

Wall Street rises after China trade comments, tech boost

A rise in technology stocks lifted Wall Street on Thursday, as China sounded hopeful of a resolution to the protracted t

Published 29 Aug, 2019 08:06pm

Markets

Gazprom's Baltic LNG project needs state support: Russian PM

MOSCOW: Gazprom's new chemical and liquefied natural gas project in the Baltic port of Ust-Luga will be impossible to bu

Published 29 Aug, 2019 08:04pm

Markets

Europe Distillates-Diesel cracks gain after ARA stocks draw

LONDON: Benchmark northwest European diesel refining margins rose slightly on Thursday after a small decline in regional

Published 29 Aug, 2019 08:03pm

US, China to talk trade Thursday: Trump

WASHINGTON: President Donald Trump said US and Chinese trade officials were due to hold discussions on Thursday, days be

Published 29 Aug, 2019 07:58pm

Court bids launched to stop Johnson suspending UK parliament

LONDON: Prime Minister Boris Johnson's suspension of parliament just weeks before Britain's EU departure date faced lega

Published 29 Aug, 2019 07:57pm

Markets

Peso falls further as Argentina readies IMF debt restructure

BUENOS AIRES: Argentina's beleaguered currency continued its freefall Thursday, after the government asked the Internati

Published 29 Aug, 2019 07:55pm

World

Ukraine president picks young lawyer as prime minister

KIEV: Ukrainian President Volodymyr Zelensky on Thursday picked untested 35-year-old lawyer Oleksiy Goncharuk as his pri

Published 29 Aug, 2019 07:52pm

Sports

Osaka sweeps through at US Open as Kvitova goes out

NEW YORK: Reigning US Open champion Naomi Osaka eased into the third round Thursday but Petra Kvitova crashed out as org

Published 29 Aug, 2019 07:50pm

World

Israeli PM, libertarians hash out weed deal ahead of polls

JERUSALEM: Israeli Prime Minister Benjamin Netanyahu on Thursday announced a deal with a far-right party which agreed to

Published 29 Aug, 2019 07:48pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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