News stories for Parvez Jabri - Business Recorder

Parvez Jabri

Markets

Gold gains as Fed rate cut bets hold, growth concerns linger

Gold firmed above $1,400 an ounce on Monday, helped by expectations the US Federal Reserve would stay on course with

Published 08 Jul, 2019 12:47pm

World

Iran makes new nuclear threats that would reverse steps in pact

GENEVA/DUBAI: Iran threatened on Monday to restart deactivated centrifuges and ramp up its enrichment of uranium to

Published 08 Jul, 2019 12:43pm

World

Economic ‘game changer’? African leaders launch free-trade zone

NIAMEY: African leaders launched a continental free-trade zone on Sunday that if successful would unite 1.3 billion

Published 08 Jul, 2019 12:38pm

Markets

Russian wheat prices drop on new-crop arrival

MOSCOW: Russian wheat prices fell last week on the arrival of the new crop and despite continuing risks to the harve

Published 08 Jul, 2019 12:36pm

Markets

Copper gains capped by prolonged US-China trade dispute

LONDON: Copper prices rose on Monday as traders and funds reversed bets on lower prices, but the protracted US-China

Published 08 Jul, 2019 12:34pm

Markets

Cocoa hits year high on technical buying, worries over floor price

LONDON: London cocoa prices on ICE hit a one-year high on Monday as low volumes exaggerated a technically driven ral

Published 08 Jul, 2019 12:33pm

Markets

Global shares muted as prospect of sharp US rate cut fades

LONDON: Global stocks were in a muted mood on Monday after strong US job gains tempered expectations the Federal Res

Published 08 Jul, 2019 12:30pm

Featured Photos

Sunset beauty on mountains

An attractive and eye catching view of sunset and snow covered mountains in Gilgit. Copyright APP (Associated Pr

Published 05 Jul, 2019 05:37pm

Featured Photos

Houses of Parliament

A general view of The Houses of Parliament in London. Copyright Reuters, 2019

Published 05 Jul, 2019 05:34pm

Featured Photos

‘The Lung of Lhasa’

A brown-headed gull flies over Lhalu wetland in Lhasa, southwest China's Tibet Autonomous Region, June 27, 2019. Lha

Published 05 Jul, 2019 05:32pm

Featured Photos

Snowy Jade Cave

A view of the landscape inside the Xueyu Cave in Fengdu County of Chongqing, southwest China. The Xueyu Cave, also k

Published 05 Jul, 2019 05:28pm

Featured Photos

Fermented rice water Natural shampoo

Women wash their long hair along the riverside in Huangluo Village of the Yao ethnic group in Longji Township of Lon

Published 05 Jul, 2019 05:26pm

Featured Photos

Boating in the cave

Tourists amuse themselves at the Tianhetan scenic area in Guiyang City, southwest China's Guizhou Province. &nbsp

Published 05 Jul, 2019 05:20pm

Business & Finance

Trump repeats call for Fed to lower interest rates

WASHINGTON: US President Donald Trump on Friday repeated his call for the Federal Reserve to lower interest rates, s

Published 05 Jul, 2019 04:23pm

Markets

Wall Street drops as strong jobs report cools rate cut hopes

US stocks lost ground on Friday, retreating from record levels hit in the previous session, after strong US job grow

Published 05 Jul, 2019 04:20pm

Sports

FIFA's Infantino wants to expand women's World Cup to 32 teams

LYON: FIFA President Gianni Infantino wants to expand the women's World Cup to 32 teams from 24 for the next edition

Published 05 Jul, 2019 04:17pm

Markets

FTSE 100 slides as US payrolls dent Fed rate cut hopes

Britain's FTSE 100 fell on Friday as stronger-than-expected US employment data tempered hopes of an aggressive inter

Published 05 Jul, 2019 04:13pm

Markets

Brent oil rises on Iran tensions and OPEC, US crude slips

NEW YORK: Brent oil prices edged up on Friday, supported by tensions over Iran and a decision by OPEC and its allies

Published 05 Jul, 2019 04:12pm

World

No-deal Brexit is considerable risk to UK economy

LONDON: Bank of England Governor Mark Carney said a no-deal Brexit was a considerable risk to Britain's economy and

Published 05 Jul, 2019 04:10pm

Markets

EU wheat eases as harvest seen withstanding heatwave

PARIS: Euronext wheat fell on Friday as the US market saw hesitant trading after a holiday break while decent harves

Published 05 Jul, 2019 04:06pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 8	278.78
USD PKR Interbank Buying / Jan 8	278.58
USD to Japanese Yen / Jan 8	158.14
USD to Swiss Franc / Jan 8	0.91
Pound Sterling to USD / Jan 8	1.25
Euro to USD / Jan 8	1.04

Stock	Volume
S&P 500 / Jan 7	5,909.03
Nasdaq / Jan 7	19,489.68
FTSE 100 / Jan 7	8,245.28
Dow Jones / Jan 7	42,528.36
Germany DAX 30 / Jan 7	20,340.57
France CAC40 / Jan 7	7,489.35
India Sensex / Jan 8	77,786.54
Tokyo Nikkei / Jan 8	40,008.25

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 7	18,285
Gold 10 Grams PKR / Jan 7	236,625
Petrol/Litre / Jan 8	252.66
Crude Oil USD/Barrel / Jan 8	74.85
Gold Spot USD/Ounce / Jan 8	2,650.51
Diesel/Litre / Jan 8	258.34

Gainers
Losers
Leaders

Stock	Price
PICIC Ins.Ltd. / Jan 8 PICIC Insurance Limited(PIL)	3.21 ▲ 0.32 (11.07%)
JS Bank Ltd / Jan 8 JS Bank Limited(JSBL)	10.41 ▲ 1.00 (10.63%)
Idrees Tex. / Jan 8 Idrees Textile Mills Limited(IDRT)	15.68 ▲ 1.43 (10.04%)
Sec. Inv. Bank / Jan 8 Security Investment Bank Limited(SIBL)	12.38 ▲ 1.13 (10.04%)
Ahmad Hassan / Jan 8 Ahmad Hassan Textile Mills Limited(AHTM)	59.90 ▲ 5.45 (10.01%)
Asia Ins. / Jan 8 Asia Insurance Company Limited(ASIC)	14.29 ▲ 1.30 (10.01%)
D.M. Textile / Jan 8 D.M. Textile Mills Limited(DMTX)	60.58 ▲ 5.51 (10.01%)
Dawood Lawrencepur / Jan 8 Dawood Lawrencepur Limited(DLL)	296.12 ▲ 26.92 (10.00%)
JDW Sugar / Jan 8 JDW Sugar Mills Limited(JDWS)	904.95 ▲ 82.27 (10.00%)

Stock	Price
JS Mom. Factor ETF / Jan 8 JS Momentum Factor ETF(JSMFETF)	15.15 ▼ -2.18 (-12.58%)
Parmount Sp. / Jan 8 Paramount Spinning Mills Limited(PASM)	4 ▼ -0.50 (-11.11%)
Ali Asghar / Jan 8 Ali Asghar Textile Mills Limited(AATM)	78.82 ▼ -8.76 (-10.00%)
Faisal Sp. / Jan 8 Faisal Spinning Mills Limited(FASM)	292.37 ▼ -32.48 (-10.00%)
Khairpur Sug. / Jan 8 Khairpur Sugar Mills Limited(KPUS)	133.71 ▼ -14.86 (-10.00%)
Liven Pharma / Jan 8 Liven Pharma Limited(LIVEN)	178.53 ▼ -19.84 (-10.00%)
Suhail Jute / Jan 8 Suhail Jute Mills Limited(SUHJ)	156.38 ▼ -17.38 (-10.00%)
Frontier Ceram / Jan 8 Frontier Ceramics Limited(FRCL)	24.23 ▼ -2.69 (-9.99%)
National Silk / Jan 8 The National Silk & Rayon Mills Limited(NSRM)	49.90 ▼ -5.54 (-9.99%)

Stock	Volume
WorldCall Telecom / Jan 8 Worldcall Telecom Limited(WTL)	520,088,624 ▲ 0.09
Cnergyico PK / Jan 8 Cnergyico PK Limited(CNERGY)	76,600,722 ▼ -0.30
K-Electric Ltd. / Jan 8 K-Electric Limited(KEL)	45,707,217 ▼ -0.21
Fauji Foods Ltd / Jan 8 Fauji Foods Limited(FFL)	36,987,542 ▼ -0.41
Sui South Gas / Jan 8 Sui Southern Gas Company Limited(SSGC)	33,354,890 ▲ 2.33
Pak Stock Exchange / Jan 8 Pakistan Stock Exchange Limited(PSX)	27,144,749 ▼ -2.85
Pak Refinery / Jan 8 Pakistan Refinery Limited(PRL)	24,452,864 ▼ -2.53
B.O.Punjab / Jan 8 The Bank of Punjab(BOP)	22,768,455 ▼ -0.23
Pak Elektron / Jan 8 Pak Elektron Limited(PAEL)	20,370,180 ▼ -0.42

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