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Markets

Global coal consumption expected to hit record high in 2024, IEA says

PARIS: Global coal consumption is expected to hit a record high this year and stay near that level until 2027 as...

Published 18 Dec, 2024 12:43pm

Markets

As bitcoin soars, luxury brands consider accepting crypto payments

PARIS: Bitcoin’s soaring value has caught the attention of high-end fashion brands and retailers, prompting further...

Updated 18 Dec, 2024 03:26pm

Business & Finance

Fed expected to combine interest rate cut with hawkish 2025 outlook

WASHINGTON: The Federal Reserve is expected to lower borrowing costs on Wednesday in what some observers are calling...

Published 18 Dec, 2024 12:36pm

Markets

OPEC+ wary of renewed US oil output rise under Trump, sources say

LONDON: OPEC+ is wary of a renewed rise in US oil output when Donald Trump returns to the White House, delegates...

Published 18 Dec, 2024 12:32pm

Business & Finance

Bank of Korea flags downside risk to economic growth after martial law

SEOUL: South Korea’s central bank governor said on Wednesday there was downside risk to its forecasts for economic...

Published 18 Dec, 2024 12:28pm

Sports

India’s spin spearhead Ashwin retires from international cricket

India’s spin spearhead Ravichandran Ashwin announced his retirement from international cricket in all formats after...

Published 18 Dec, 2024 12:24pm

Technology

Elon Musk says Starlink inactive in India after second device seized

NEW DELHI: Elon Musk said Starlink satellite internet is inactive in India, his first comments since authorities...

Published 18 Dec, 2024 12:21pm

World

China November youth jobless rate at 16.1%, statistics bureau says

BEIJING: The jobless rate for 16-to-24-year-olds in China, excluding college students, fell to 16.1% in November...

Published 18 Dec, 2024 12:18pm

Markets

China’s soy oil futures hit three-month low on U.S demand worries

BEIJING: China’s soybean oil futures fell to their lowest in three months on Wednesday after the US announced plans...

Published 18 Dec, 2024 12:16pm

Markets

Vietnam raises $32.6mn in govt bond auction, lowest volume this year

HANOI: Vietnam’s State Treasury raised 829 billion ($32.6 million) in a government bond auction on Wednesday, the...

Published 18 Dec, 2024 12:11pm

Markets

Malaysia hopes palm oil industry can be compliant with EU law when grace period ends

KUALA LUMPUR: Malaysia hopes its palm oil industry will be fully compliant with the European Union’s...

Published 18 Dec, 2024 12:07pm

World

South Korea to set roadmap in case Trump reopens North Korea nuclear talks

SEOUL: South Korea’s foreign minister said on Wednesday he was devising a roadmap to prepare for US President-elect...

Published 18 Dec, 2024 12:02pm

Markets

China, HK stocks rebound as report on Beijing’s new budget deficit plan lifts sentiment

HONG KONG: China and Hong Kong stocks rebounded on the day from Tuesday’s decline, as a Reuters report on China...

Published 18 Dec, 2024 11:21am

Markets

Japan’s Nikkei falls as tech stocks drag; auto shares shine

TOKYO: Japan’s Nikkei share average fell on Wednesday, as technology stocks tracked Wall Street’s weak finish...

Published 18 Dec, 2024 11:19am

Markets

Australia shares muted as healthcare gains offset energy, gold losses; Fed on tap

Australian shares were rangebound on Wednesday, as gains in health stocks offset losses in energy and gold stocks,...

Published 18 Dec, 2024 11:07am

Markets

India bond yields seen flattish before Fed decision

MUMBAI: Indian government bonds are expected to trade largely unchanged on Wednesday after the benchmark yield...

Published 18 Dec, 2024 11:05am

Markets

Indian shares set for tepid open as Fed policy decision looms

Indian stocks are likely to open flat on Wednesday, as investors remained cautious ahead of the US Federal Reserve’s...

Published 18 Dec, 2024 11:03am

Business & Finance

China central bank bank asks financial institutions to closely monitor bond risks

SHANGHAI: China’s central bank asked some financial institutions engaged in aggressive trading to closely monitor...

Published 18 Dec, 2024 10:59am

Markets

Gold holds steady with focus on Fed’s policy decision, outlook

Gold prices were little changed on Wednesday as the markets focused squarely on the Federal Reserve’s monetary...

Published 18 Dec, 2024 10:53am

Markets

Russian production downgrade steadies wheat after 4-day losing streak

CANBERRA: Chicago wheat futures steadied on Wednesday following four consecutive daily losses, as concerns over...

Published 18 Dec, 2024 10:51am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 10	278.78
USD PKR Interbank Buying / Jan 10	278.58
USD to Japanese Yen / Jan 10	158.39
USD to Swiss Franc / Jan 10	0.91
Pound Sterling to USD / Jan 10	1.23
Euro to USD / Jan 10	1.03

Stock	Volume
S&P 500 / Jan 9	5,918.25
Nasdaq / Jan 9	19,478.88
Dow Jones / Jan 9	42,635.20
India Sensex / Jan 10	77,645.98
Tokyo Nikkei / Jan 10	39,265.97
Hang Seng / Jan 10	19,069.63
FTSE 100 / Jan 10	8,317.44
Germany DAX 30 / Jan 10	20,333.83

Item	Value
Gold 10 Grams PKR / Jan 9	237,483
Crude Oil USD/Barrel / Jan 10	74.32
Karachi Cotton PKR/37.32 KG / Jan 10	18,785
Gold Spot USD/Ounce / Jan 10	2,674.40
Cotton US¢/pound / Jan 10	68.55
Petrol/Litre / Jan 11	252.66

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd / Jan 10 Chenab Limited(CHBL)	8.34 ▲ 1.00 (13.62%)
Pak Gen.Ins. / Jan 10 The Pakistan General Insurance Co. Ltd.(PKGI)	8.67 ▲ 0.89 (11.44%)
Tariq Corp.Pref. / Jan 10 Tariq Corporation Limited-Preference Shares(TCORPCPS)	8.76 ▲ 0.88 (11.17%)
Ist.Capital Sec / Jan 10 First Capital Securities Corporation(FCSC)	2.22 ▲ 0.22 (11.00%)
Sakrand Sugar / Jan 10 Sakrand Sugar Mills Limited(SKRS)	12.27 ▲ 1.12 (10.04%)
Dadex Eternit / Jan 10 Dadex Eternit Limited(DADX)	70.40 ▲ 6.40 (10.00%)
D.M. Textile / Jan 10 D.M. Textile Mills Limited(DMTX)	70.54 ▲ 6.41 (10.00%)
Khairpur Sug. / Jan 10 Khairpur Sugar Mills Limited(KPUS)	137.50 ▲ 12.50 (10.00%)
Mehmood Tex / Jan 10 Mehmood Textile Mills Limited(MEHT)	658.91 ▲ 59.90 (10.00%)

Stock	Price
First Capital Equities / Jan 10 First Capital Equities Limited(FCEL)	5.52 ▼ -0.67 (-10.82%)
S.G.Power / Jan 10 S.G. Power Limited(SGPL)	8.47 ▼ -1.00 (-10.56%)
JS Mom. Factor ETF / Jan 10 JS Momentum Factor ETF(JSMFETF)	13.42 ▼ -1.58 (-10.53%)
Liven Pharma / Jan 10 Liven Pharma Limited(LIVEN)	144.61 ▼ -16.07 (-10.00%)
Olympia Mills / Jan 10 Olympia Mills Limited(OML)	32.40 ▼ -3.60 (-10.00%)
Suhail Jute / Jan 10 Suhail Jute Mills Limited(SUHJ)	126.67 ▼ -14.07 (-10.00%)
Ali Asghar / Jan 10 Ali Asghar Textile Mills Limited(AATM)	63.85 ▼ -7.09 (-9.99%)
Blue-Ex Ltd / Jan 10 Blue-Ex Limited (GEM)(GEMBLUEX)	55.40 ▼ -6.15 (-9.99%)
Aisha Steel(ConPS) / Jan 10 Aisha Steel(ConPS)(ASLPS)	11 ▼ -1.20 (-9.84%)

Stock	Volume
WorldCall Telecom / Jan 10 Worldcall Telecom Limited(WTL)	195,296,323 ▼ -0.06
K-Electric Ltd. / Jan 10 K-Electric Limited(KEL)	48,682,503 ▼ -0.01
Cnergyico PK / Jan 10 Cnergyico PK Limited(CNERGY)	35,460,848 ▲ 0.06
Fauji Foods Ltd / Jan 10 Fauji Foods Limited(FFL)	31,825,296 ▲ 0.77
Pace (Pak) Ltd. / Jan 10 Pace (Pakistan) Limited(PACE)	23,629,459 ▲ 0.34
Pak Elektron / Jan 10 Pak Elektron Limited(PAEL)	23,144,464 ▲ 1.09
Lotte Chemical / Jan 10 Lotte Chemical Pakistan Limited(LOTCHEM)	19,944,268 ▼ -0.24
Air Link Com. / Jan 10 Air Link Communication Limited(AIRLINK)	15,918,682 ▼ -5.65
B.O.Punjab / Jan 10 The Bank of Punjab(BOP)	15,645,082 ▲ 0.01

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