News stories for Muhammad Iqbal

Muhammad Iqbal

Markets

US stocks hit record as Fed holds to easy-money policy

WASHINGTON: The Federal Reserve stuck to its slow-but-steady plans to tighten monetary policy Wednesday, disappointing s

Published 17 Sep, 2014 09:39pm

Rouhani slams US troop veto in IS fight

WASHINGTON: Iranian President Hassan Rouhani on Wednesday criticized the United States for its refusal to send troops in

Published 17 Sep, 2014 09:18pm

US House plan to train moderate Syrian rebels

WASHINGTON: US lawmakers voted Wednesday to authorize training and arming of vetted Syrian rebels to combat Islamist rad

Published 17 Sep, 2014 09:12pm

NSA shared Americans private communications with Israel: Snowden

WASHINGTON: Former US intelligence analyst Edward Snowden has accused the US National Security Agency of routinely passi

Published 17 Sep, 2014 09:07pm

World

Dovish Fed holds policy unchanged

WASHINGTON: The Federal Reserve stuck to its forecast for an initial interest rate rise in 2015 on Wednesday but cut its

Published 17 Sep, 2014 09:04pm

Markets

Dow closes at record high after Fed holds policy course

NEW YORK: The Dow Wednesday closed at a record high after the US Federal Reserve stuck to a plan to begin raising near-z

Published 17 Sep, 2014 09:00pm

World

Seattle leaders call for safeguards amid boom in oil train shipments

SEATTLE: Seattle officials called on Wednesday for more safeguards for crude oil trains travelling through the city in i

Published 17 Sep, 2014 08:56pm

Markets

Dollar climbs to six-year peak vs yen on higher Fed rate forecasts

NEW YORK: The dollar jumped to a six-year high against the yen on Wednesday while the euro tumbled from five-month peaks

Published 17 Sep, 2014 08:50pm

World

Judge pauses Detroit's bankruptcy trial again

DETROIT: US Bankruptcy Judge Steven Rhodes ordered a week-long break in Detroit's bankruptcy trial on Wednesday, giv

Published 17 Sep, 2014 08:49pm

Markets

NY sugar soars over 3pc in dramatic recovery from 2010 low

NEW YORK: ICE raw sugar rose more than 3 percent on Wednesday, the most in 2-1/2 months, rebounding from a more than 4-1

Published 17 Sep, 2014 08:46pm

Markets

Oil market long term fundamentals robust-Saudi dep oilmin

DUBAI: Long term oil market fundamentals are robust and short-term price moves have little meaning for Saudi Arabia, the

Published 17 Sep, 2014 08:42pm

World

US House passes Fed audit bill; measure seen doomed in Senate

WASHINGTON: The US House of Representatives overwhelmingly passed a bill on Wednesday that would open up Federal Reserve

Published 17 Sep, 2014 08:42pm

Markets

Prices drop as Fed rate forecasts worry traders

NEW YORK: US Treasury debt prices fell on Wednesday after the Federal Reserve kept in place near-zero interest rates and

Published 17 Sep, 2014 08:38pm

World

Former Ivory Coast president backs Ouattara for 2015 election

DAOUKRO: Ivory Coast President Alassane Ouattara on Wednesday received the endorsement of former president Henri Konan B

Published 17 Sep, 2014 08:37pm

World

EU regulators preparing guidelines for ‘right to be forgotten’ complaints

BRUSSELS: European regulators are working on guidelines for appeals from people whose requests to remove information fro

Published 17 Sep, 2014 08:35pm

World

Luxembourg opens art freeport to lure super-rich

LUXEMBOURG: Private banking hub Luxembourg sought to lure more wealthy investors on Wednesday by opening a high-security

Published 17 Sep, 2014 08:31pm

World

Venezuelan bonds slump on ratings cut, economy concerns

CARACAS: Venezuelan bonds tumbled on Wednesday following a ratings downgrade by Standard & Poor's that further f

Published 17 Sep, 2014 08:25pm

World

Funding woes force UN to slash rations for Syrians: official

GENEVA: The United Nations will have to slash food rations to four million Syrians by 40 percent in October due to a sho

Published 17 Sep, 2014 08:22pm

World

Zalando sets price range for IPO at 18-22.50 eur

FRANKFURT: Zalando , Europe's biggest dedicated online fashion retailer, has set a price range for its initial publi

Published 17 Sep, 2014 08:07pm

World

Libyan PM seeks to reassert authority as oil production is hit

BENGHAZI: Libya's acting prime minister sought to reassert authority over his turbulent country by naming a new cabi

Published 17 Sep, 2014 06:23pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	156.63
USD to Swiss Franc / Dec 23	0.90
Pound Sterling to USD / Dec 23	1.26
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
Nasdaq / Dec 20	19,572.60
Dow Jones / Dec 20	42,840.26
India Sensex / Dec 23	78,595.51
Tokyo Nikkei / Dec 23	39,161.34
Hang Seng / Dec 23	19,857.04
FTSE 100 / Dec 23	8,068.16
Germany DAX 30 / Dec 23	19,830.32

Item	Value
Gold 10 Grams PKR / Dec 20	234,311
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Crude Oil USD/Barrel / Dec 23	69.79
Gold Spot USD/Ounce / Dec 23	2,632.38
Cotton US¢/pound / Dec 23	68.96
Petrol/Litre / Dec 24	252.10

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 23 First Capital Equities Limited(FCEL)	6.15 ▲ 1.00 (19.42%)
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	6.83 ▲ 0.92 (15.57%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Chenab Ltd (Pref) / Dec 23 Chenab Limited (Pref)(CLCPS)	3.75 ▲ 0.36 (10.62%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.72 ▲ 0.45 (10.54%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Dawood Equities / Dec 23 Dawood Equities Limited(DEL)	10.63 ▲ 1.00 (10.38%)
HBL Invest Fund / Dec 23 HBL Investment Fund(HIFA)	4.15 ▲ 0.39 (10.37%)

Stock	Price
Sindh Abadgar / Dec 23 Sindh Abadgar's Sugar Mills Limited(SASML)	36.60 ▼ -4.07 (-10.01%)
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.96 ▼ -1.55 (-9.99%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	14.01 ▼ -1.33 (-8.67%)
Dadabhoy Cement / Dec 23 Dadabhoy Cement Industries Limited(DBCI)	6 ▼ -0.54 (-8.26%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.46 ▼ -0.93 (-8.17%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.14
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	66,327,753 ▲ 0.92
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.19
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.37
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.76
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	38,585,180 ▲ 1.96
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	35,015,764 ▲ 1.32
P.T.C.L. / Dec 23 Pakistan Telecommunication Company Ltd(PTC)	33,026,526 ▲ 2.58
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.26

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