News stories for Parvez Jabri - Business Recorder

Parvez Jabri

Business & Finance

Metro Bank profits dive, chairman to stand down

Metro Bank's founder Vernon Hill will step down as chairman, the British lender said on Wednesday, as it reported cu

Published 24 Jul, 2019 08:07pm

Business & Finance

Caterpillar earnings disappoint on weak China sales, higher costs

CHICAGO: Caterpillar Inc's earnings on Wednesday missed Wall Street's estimates, hurt by a combination of weak sales

Published 24 Jul, 2019 08:05pm

World

Five facts about Priti Patel, Britain's new interior minister

LONDON: Britain's new Prime Minister Boris Johnson named Priti Patel as interior minister, marking a political comeb

Published 24 Jul, 2019 08:04pm

Business & Finance

Canada invests C$85mn in satellite firm to boost broadband gap

OTTAWA: The Canadian government said on Wednesday it is investing C$85 million ($64.70 million) in an Ottawa-based s

Published 24 Jul, 2019 08:01pm

World

Rising high, Sajid Javid named UK finance minister to guide Brexit economy

LONDON: Sajid Javid became Britain's first ethnic minority finance minister on Wednesday, capping off an unlikely ri

Published 24 Jul, 2019 07:56pm

Business & Finance

Carige rescue plan takes step forward on eve of ECB deadline

ROME/MILAN: The rescue of sickly Italian lender Carige took a step forward on Wednesday when key players struck a fr

Published 24 Jul, 2019 07:53pm

Business & Finance

Boeing posts biggest loss on 737 MAX, may have to halt production of jet

Boeing Co posted its largest-ever quarterly loss on Wednesday due to the spiraling cost of resolving issues with its

Published 24 Jul, 2019 07:51pm

Markets

Kuwaiti, Saudi officials discuss resuming Neutral Zone oil production

CAIRO: OPEC members Saudi Arabia and Kuwait have discussed resuming oil production in jointly operated fields in the

Published 24 Jul, 2019 07:49pm

World

Irish PM says Johnson call for new Brexit deal 'not in real world'

DUBLIN: Prime Minister Boris Johnson's suggestion that Britain's withdrawal agreement with the European Union can be

Published 24 Jul, 2019 07:48pm

Business & Finance

Algeria's state power firm to seek foreign loans to fund projects

ALGIERS: Algeria's state power utility Sonelgaz will seek foreign loans to finance its development plan, its chief e

Published 24 Jul, 2019 07:46pm

Business & Finance

Facebook ends Microsoft, Sony access to friend data

WASHINGTON: Facebook Inc will end access to limited friend data from Microsoft Corp and Sony Corp as a first step un

Published 24 Jul, 2019 07:45pm

World

New UK foreign minister Raab says Brexit needed by end of October

LONDON: Britain must leave the European Union by the end of October to give finality to the Brexit process, Britain'

Published 24 Jul, 2019 07:43pm

Markets

Surging chip stocks send Nasdaq to record high

The Nasdaq hit a record high on Wednesday and the S&P 500 was close behind as reassuring comments from Texas Ins

Published 24 Jul, 2019 07:36pm

World

Biden defends civil rights record during NAACP appearance

DETROIT: Democratic presidential front-runner Joe Biden defended his civil rights record on Wednesday, reminding a c

Published 24 Jul, 2019 07:35pm

World

Five facts on new UK defence minister Ben Wallace

LONDON: Britain's new Prime Minister Boris Johnson named Ben Wallace as defence minister on Wednesday, a promotion f

Published 24 Jul, 2019 07:33pm

Business & Finance

Fuel supply outage disrupts flights at Amsterdam airport

AMSTERDAM: Air traffic to and from Amsterdam Schiphol airport was seriously disrupted on Wednesday because of an out

Published 24 Jul, 2019 07:31pm

World

Mueller says he did not seek FBI director job under Trump

WASHINGTON: Former US Special Counsel Robert Mueller on Wednesday disputed assertions that he had interviewed with P

Published 24 Jul, 2019 07:30pm

Markets

US yields fall as weak European data bolsters case for lower rates

NEW YORK: US Treasuries yields fell on Wednesday in line with European government debt, after weak economic data in

Published 24 Jul, 2019 07:28pm

Business & Finance

Central Bank of Iceland says Asgeir Jonsson appointed governor

The Central Bank of Iceland said on Wednesday Asgeir Jonsson was appointed as its governor. Iceland Prime Ministe

Published 24 Jul, 2019 07:27pm

Markets

Raw sugar prices inch up as Brazilian output falls

NEW YORK/LONDON: Raw sugar futures on ICE rose on Wednesday, lifted by data indicating that Brazilian sugar producti

Published 24 Jul, 2019 07:21pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
India Sensex / Dec 24	78,472.87
Tokyo Nikkei / Dec 24	38,986.40
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Petrol/Litre / Dec 26	252.10

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Dec 24 Security Investment Bank Limited(SIBL)	5.99 ▲ 1.00 (20.04%)
Next Capital / Dec 24 Next Capital Limited(NEXT)	8.90 ▲ 1.00 (12.66%)
Pak Agro Pack. (GEM) / Dec 24 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9 ▲ 1.00 (12.50%)
Ghani Chem. Ind. / Dec 24 Ghani Chemical Industries Limited(GCIL)	16.13 ▲ 1.47 (10.03%)
Pak Gulf Leasing / Dec 24 Pak-Gulf Leasing Company Limited(PGLC)	14.37 ▲ 1.31 (10.03%)
Popular Islamic / Dec 24 Popular Islamic Modaraba(PIM)	15.58 ▲ 1.42 (10.03%)
Mandviwala / Dec 24 Mandviwala Mauser Plastic Industries(MWMP)	16.59 ▲ 1.51 (10.01%)
Blessed Tex. / Dec 24 Blessed Textiles Limited(BTL)	301.77 ▲ 27.43 (10.00%)
Crescent Cotton / Dec 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5.00 (10.00%)

Stock	Price
S.G.Power / Dec 24 S.G. Power Limited(SGPL)	10.58 ▼ -1.18 (-10.03%)
Olympia Mills / Dec 24 Olympia Mills Limited(OML)	36 ▼ -4.00 (-10.00%)
J.A.Textile / Dec 24 J.A. Textile Mills Limited(JATM)	33.95 ▼ -3.77 (-9.99%)
Sanghar Sugar / Dec 24 Sanghar Sugar Mills Limited(SANSM)	26.16 ▼ -2.90 (-9.98%)
I.C.C. Ind. / Dec 24 ICC Industries Limited(ICCI)	9.85 ▼ -1.07 (-9.80%)
National Silk / Dec 24 The National Silk & Rayon Mills Limited(NSRM)	50.01 ▼ -5.43 (-9.79%)
Gulshan Sp. / Dec 24 Gulshan Spinning Mills Limited(GSPM)	4.10 ▼ -0.40 (-8.89%)
Crescent Fib. / Dec 24 Crescent Fibres Limited(CFL)	40.16 ▼ -3.81 (-8.66%)
Reliance Ins. / Dec 24 Reliance Insurance Company Limited(RICL)	11.55 ▼ -1.05 (-8.33%)

Stock	Volume
WorldCall Telecom / Dec 24 Worldcall Telecom Limited(WTL)	126,573,463 ▲ 0.05
Fauji Foods Ltd / Dec 24 Fauji Foods Limited(FFL)	66,984,381 ▲ 0.49
Cnergyico PK / Dec 24 Cnergyico PK Limited(CNERGY)	66,471,663 ▼ -0.27
Pak Elektron / Dec 24 Pak Elektron Limited(PAEL)	38,651,653 ▼ -1.53
K-Electric Ltd. / Dec 24 K-Electric Limited(KEL)	36,108,956 ▼ -0.18
Sui South Gas / Dec 24 Sui Southern Gas Company Limited(SSGC)	33,467,532 ▼ -0.50
P.T.C.L. / Dec 24 Pakistan Telecommunication Company Ltd(PTC)	33,030,118 ▼ -1.31
TRG Pak Ltd / Dec 24 TRG Pakistan Limited(TRG)	29,441,264 ▲ 3.35
Pace (Pak) Ltd. / Dec 24 Pace (Pakistan) Limited(PACE)	28,106,970 ▼ -0.18

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