News stories for Parvez Jabri - Business Recorder

Parvez Jabri

Markets

S&P 500 hits 3,000 as Powell's comment lifts rate cut hopes

The benchmark S&P 500 breached the 3,000 points mark for the first time on Wednesday, as hopes of an interest ra

Published 10 Jul, 2019 04:10pm

Markets

TSX rises as BoC holds rates, raises Q2 growth forecast

Canada's main stock index rose on Wednesday, as the Bank of Canada held interest rates steady and raised its second-

Published 10 Jul, 2019 04:08pm

Markets

Yield curve steepens; Fed chief remarks boost rate cut bets

NEW YORK: The US Treasury yield curve steepened on Wednesday after Federal Reserve Chair Jerome Powell increased exp

Published 10 Jul, 2019 04:06pm

Business & Finance

JPMorgan aims to lower account minimums on new robo-adviser tool

NEW YORK: JPMorgan Chase & Co intends to lower the minimum account balance on its new digital investment product

Published 10 Jul, 2019 04:04pm

Business & Finance

South Africa central bank governor re-appointed for another 5 years

JOHANNESBURG: South African President Cyril Ramaphosa has re-appointed central bank governor Lesetja Kganyago for an

Published 10 Jul, 2019 04:03pm

Business & Finance

Sceptical Deutsche Bank investors to grill Sewing on revamp roadshow

LONDON/FRANKFURT: Deutsche Bank shareholders will quiz Chief Executive Christian Sewing on how he plans to deliver

Published 10 Jul, 2019 04:02pm

Business & Finance

Canada's Bombardier to lay off 550 workers at Ontario rail plant

MONTREAL: Canada's Bombardier said on Wednesday it would lay off around half of the workforce, or about 550 employee

Published 10 Jul, 2019 04:01pm

Business & Finance

Toyota to build new SUV, rather than car at Alabama plant

WASHINGTON: Toyota Motor Corp said on Wednesday it will build a new sport utility vehicle at a $1.6 billion joint ve

Published 10 Jul, 2019 04:00pm

Business & Finance

Bank of Canada holds rates, frets about trade war damage

OTTAWA: The Bank of Canada held interest rates steady and raised its second-quarter growth forecast as expected on W

Published 10 Jul, 2019 03:58pm

Sports

Strycova has no fear ahead of Serena clash

LONDON: Unseeded Czech Barbora Strycova believes she has the weapons to upset seven-times champion Serena Williams i

Published 10 Jul, 2019 03:55pm

Markets

C$ pares its gains as bets rise on BoC rate cut this year

TORONTO: The Canadian dollar rose against its broadly weaker US counterpart on Wednesday, but gave up much of its ga

Published 10 Jul, 2019 03:51pm

Markets

US crude stocks fall nearly 10mn barrels

US crude oil stockpiles fell by nearly 10 million barrels last week, far more than expected, as refineries processed

Published 10 Jul, 2019 03:49pm

Markets

US oil producers shut offshore output as storm forms in Gulf of Mexico

HOUSTON: Anadarko Petroleum Corp has joined major US oil producers shutting production and withdrawing staff from of

Published 10 Jul, 2019 03:48pm

Markets

‘Bad news everywhere’: Sterling held near 2-year lows

LONDON: Britain's economic gloom and a fast-approaching Brexit deadline kept sterling near two-year lows on Wednesda

Published 10 Jul, 2019 03:47pm

World

Trump accuses Iran of secret nuclear enrichment, says sanctions to be cranked up ‘substantially’

WASHINGTON/VIENNA: President Donald Trump accused Iran on Wednesday of secretly enriching uranium for a long time an

Published 10 Jul, 2019 03:45pm

Sports

Bautista Agut wears down Pella to reach semi-final

LONDON: Roberto Bautista Agut reached his first Grand Slam semi-final by wearing down Argentine Guido Pella at Wimbl

Published 10 Jul, 2019 03:45pm

Markets

Gold rises after Powell's remarks bolster rate cut hopes, hurt dollar

Gold prices recouped losses to rise nearly 1% on Wednesday as the dollar slid after US Federal Reserve Chairman Jero

Published 10 Jul, 2019 03:41pm

Sri Lanka negotiating military deal with the US: PM

COLOMBO: Sri Lanka is negotiating a fresh military cooperation deal with the United States, its Prime Minister annou

Published 10 Jul, 2019 02:28pm

Markets

Stock markets mostly higher on US Fed chief's outlook

LONDON: Stock markets turned mostly higher Wednesday after US Federal Reserve chief Jerome Powell kept the door open

Published 10 Jul, 2019 02:25pm

Business & Finance

American Airlines says Boeing 737 MAX grounding hit 2Q profits by $185mn

NEW YORK: American Airlines said Wednesday the grounding of the Boeing 737 MAX reduced second-quarter earnings by $1

Published 10 Jul, 2019 02:23pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Cotton US¢/pound / Nov 23	70.77
Petrol/Litre / Nov 24	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 24 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 24 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 24 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 24 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 24 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 24 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 24 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 24 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 24 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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