News stories for Parvez Jabri - Business Recorder

Parvez Jabri

Markets

Australian shares set to plunge amid global slump, NZ falls

Australian shares are set to open sharply lower on Thursday, following steep falls in global equity markets, as grow

Published 14 Aug, 2019 11:01pm

Trump sees Fed rather than trade war as source of market turmoil

WASHINGTON: With global markets flashing concern about the fallout from the US-China trade war and the near-term str

Published 14 Aug, 2019 10:58pm

Business & Finance

Ford extends warranties on 560,000 Focus, Fiesta models

WASHINGTON: Ford Motor Co said on Wednesday it was extending warranties on clutch and related hardware in 560,000 Fo

Published 14 Aug, 2019 10:56pm

Markets

Argentine peso ends the day down 7.14pc at 60.2 pesos/dollar

BUENOS AIRES: The Argentine peso , buffeted by a sharp sell-off after a shock primary election result, closed on Wed

Published 14 Aug, 2019 10:55pm

Markets

Gold rises as global recession fears lift safe-haven appeal

Gold rose over 1% on Wednesday as an inverted US Treasury yield curve and weak euro zone data stoked fears of a glob

Published 14 Aug, 2019 10:54pm

Markets

CBOT corn futures extend losing streak, economy in focus

CHICAGO: Chicago Board of Trade corn futures fell for the fourth day in a row on Wednesday, with investors shedding

Published 14 Aug, 2019 10:53pm

Markets

CBOT soybeans close lower, pressured by crude oil drop

CHICAGO: Chicago Board of Trade soybean futures fell on Wednesday as investors locked in profits after a rally on Tu

Published 14 Aug, 2019 10:52pm

Markets

CBOT wheat closes firm on mild technical bounce

CHICAGO: US wheat futures firmed on Wednesday, bucking an overall downward trend across the grains markets, on a rou

Published 14 Aug, 2019 10:51pm

Markets

Yen, dollar higher as safe-havens benefit from recession fears

NEW YORK: The Japanese yen and US dollar index were higher on Wednesday after the US Treasury bond yield curve inver

Published 14 Aug, 2019 10:51pm

Markets

ICE canola futures rises on dollar weakness

WINNIPEG: ICE canola futures rose on Wednesday, helped by weakness in the Canadian dollar.

The Canadian dollar

Published 14 Aug, 2019 10:50pm

Markets

Brazilian stocks slide 3pc, on track for biggest fall since March

BRASILIA: Brazilian stocks fell 3% on Wednesday, on course for their biggest one-day loss since March 27, slammed by

Published 14 Aug, 2019 10:38pm

Markets

Cotton futures edge up on hot US weather concerns

ICE cotton futures edged higher in low volume trade on Wednesday as extreme heat in major cotton growing regions hel

Published 14 Aug, 2019 10:36pm

Business & Finance

Nigeria sells treasuries to lure foreign investors after FX ban for food imports

ABUJA: The Nigerian central bank auctioned treasury bills on Wednesday at higher rates to try to lure foreign invest

Published 14 Aug, 2019 10:35pm

Markets

C$ falls the most since March on global growth worries

TORONTO: The Canadian dollar weakened by the most in more than five months against its US counterpart on Wednesday a

Published 14 Aug, 2019 10:34pm

Markets

Brazil 'revisiting' 2018, 2019 soybean output estimates

SAO PAULO: Brazil is "revisiting" its soybean output estimates for the 2018 and 2019 crop seasons, an official told

Published 14 Aug, 2019 10:32pm

Markets

Egypt's GASC seeks wheat for Sept. 15-30 shipment

DUBAI: Egypt's General Authority for Supply Commodities (GASC) set a tender on Wednesday to buy an unspecified amoun

Published 14 Aug, 2019 10:29pm

Markets

US curve inverts for 1st time in 12 years; 30-year yield tumbles

NEW YORK: The US Treasury yield curve temporarily inverted on Wednesday for the first time since June 2007 in a sign

Published 14 Aug, 2019 10:28pm

Markets

Oil drops 3pc on weak global economic data, US crude stocks build

NEW YORK: Oil prices shed 3% on Wednesday after fresh Chinese and European economic revived global demand fears and

Published 14 Aug, 2019 10:27pm

Business & Finance

GE secures four-year labor deal with unions for 6,600 workers

NEW YORK: General Electric Co has clinched a labor deal with all 6,600 of its unionized workers in the United States

Published 14 Aug, 2019 10:14pm

Markets

Recession fears plague Latam markets, Argentina peso slides further

Latin American markets were no exception to a slump across markets on Wednesday on rising fears of a looming recessi

Published 14 Aug, 2019 10:12pm

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 22	154.78
USD to Swiss Franc / Nov 22	0.89
Pound Sterling to USD / Nov 22	1.26
Euro to USD / Nov 22	1.05

Stock	Volume
S&P 500 / Nov 21	5,948.71
Nasdaq / Nov 21	18,972.42
Dow Jones / Nov 21	43,870.35
India Sensex / Nov 22	78,147.34
Tokyo Nikkei / Nov 22	38,283.85
Hang Seng / Nov 22	19,170.91
FTSE 100 / Nov 22	8,202.46
Germany DAX 30 / Nov 22	19,225.74

Item	Value
Crude Oil USD/Barrel / Nov 22	70.18
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Gold Spot USD/Ounce / Nov 22	2,691.90
Cotton US¢/pound / Nov 22	70.12
Petrol/Litre / Nov 23	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	7.15 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	620.68 ▼ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	69.40 ▼ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	115 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,084.82 ▼ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.35 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	7.15 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	620.68 ▲ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	69.40 ▲ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	115 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,084.82 ▲ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.35 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 23 Worldcall Telecom Limited(WTL)	95,563,962 ▲ 0.00
Pace (Pak) Ltd. / Nov 23 Pace (Pakistan) Limited(PACE)	51,499,190 ▲ 0.00
Kohinoor Spining / Nov 23 Kohinoor Spinning Mills Limited(KOSM)	48,260,119 ▲ 0.00
K-Electric Ltd. / Nov 23 K-Electric Limited(KEL)	44,585,332 ▲ 0.00
Treet Battery / Nov 23 Treet Battery Limited(TBL)	42,849,466 ▲ 0.00
Waves Home Appliances / Nov 23 Waves Home Appliances Limited(WAVESAPP)	41,650,133 ▲ 0.00
PIA Holding Co.Ltd / Nov 23 PIA Holding Company Limited(PIAHCLA)	33,841,692 ▲ 0.00
Fauji Foods Ltd / Nov 23 Fauji Foods Limited(FFL)	25,303,681 ▲ 0.00
Cnergyico PK / Nov 23 Cnergyico PK Limited(CNERGY)	25,120,112 ▲ 0.00

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