News stories for Parvez Jabri - Business Recorder

Parvez Jabri

Markets

Banks could reap $100 million in fees from LSE-Refinitiv deal

LONDON: A pool of ten investment banks working on the London Stock Exchange Group's $27 billion purchase of financia

Published 01 Aug, 2019 08:47pm

World

US retailers blast new China tariffs, see boost in consumer prices

WASHINGTON: President Donald Trump's threat to impose 10% tariffs on the remaining $300 billion of Chinese imports f

Published 01 Aug, 2019 08:43pm

World

New North Korean projectile launch detected: US officials

WASHINGTON: North Korea appears to have carried out a new projectile launch, two US officials said on Thursday, addi

Published 01 Aug, 2019 08:41pm

Business & Finance

Ryanair Portugal cabin crew union say to strike Aug 21-25

DUBLIN: Ryanair's Portuguese cabin crew trade union SNPVAC said on Thursday its members would go on strike for five

Published 01 Aug, 2019 08:40pm

Markets

Oil slumps 7pc as Trump announces additional tariffs on Chinese imports

NEW YORK: Oil prices plummeted more than 7% on Thursday, with the US benchmark posting its worst day in more than fo

Published 01 Aug, 2019 08:37pm

Markets

Soybeans end down as Trump announces new tariffs on Chinese goods

CHICAGO: US soybean futures closed at their lowest levels in over a month on Thursday after US President Donald Trum

Published 01 Aug, 2019 08:35pm

Trump says he is not worried about short-range missiles fired by North Korea

WASHINGTON: President Donald Trump said on Thursday that he was not worried about missiles being tested by North Kor

Published 01 Aug, 2019 08:34pm

World

Brazil's Bolsonaro, Eletrobras CEO meet over privatization, shares hit record

SAO PAULO: Brazilian President Jair Bolsonaro is meeting with the chief executive of state-controlled Centrais Eletr

Published 01 Aug, 2019 08:32pm

Markets

INTL FCStone sees US 2019 corn yield at 167.4 bu/acre

CHICAGO: Commodity brokerage INTL FCStone on Thursday projected US 2019 corn production at 13.992 billion bushels, w

Published 01 Aug, 2019 08:30pm

Business & Finance

Web hosting company GoDaddy reports 13pc rise in revenue, names new CEO

Internet domain provider GoDaddy Inc reported a 13.1% rise in second-quarter revenue on Thursday, as the web hosting

Published 01 Aug, 2019 08:29pm

Markets

US bond market rallies on Trump's tariff threat

NEW YORK: The US Treasury market rallied on Thursday with 10-year yields tumbling to their lowest levels since Novem

Published 01 Aug, 2019 08:26pm

World

Trump says US will be 'taxing' China until trade deal is reached

WASHINGTON: President Donald Trump said on Thursday Chinese President Xi Jinping was not moving fast enough on reach

Published 01 Aug, 2019 08:25pm

Markets

Latam markets slide as Trump hits China with new tariffs

Latin American currencies and stocks tumbled on Thursday after US President Donald Trump said he would impose additi

Published 01 Aug, 2019 08:24pm

Iran says it's ready for worst in battle to save nuclear deal in standoff with US

DUBAI: President Hassan Rouhani said on Thursday Iran was ready for the worst in an uphill struggle to salvage its n

Updated 01 Aug, 2019 09:15pm

Markets

US stocks fall, dollar rallies on cloudy US Fed outlook after rate cut

NEW YORK: Wall Street stocks tumbled on Wednesday and the dollar rose to a two-year peak against the euro after the

Published 31 Jul, 2019 10:27pm

Markets

NZ slips, Australia shares also set to open lower after Wall Street drop

Australian shares are set to open lower on Thursday, tracking a sharp drop on Wall Street, after US Federal Reserve

Published 31 Jul, 2019 10:25pm

Markets

Qualcomm shares fall 6pc on dour current-quarter forecast

Qualcomm Inc missed quarterly revenue estimates and forecast current-quarter revenue and profit below analysts' expe

Published 31 Jul, 2019 10:19pm

Markets

C$ hits a five-week low on hawkish Fed comments

TORONTO: The Canadian dollar weakened to a more-than five-week low against the greenback on Wednesday, as comments b

Published 31 Jul, 2019 10:16pm

Markets

India 2019-20 cotton output estimate revised slightly lower

NEW YORK: Indian cotton production for the 2019-20 season is seen at 29 million 480 lb bales, the US Department of A

Published 31 Jul, 2019 10:04pm

Business & Finance

Prudential profit misses mark on weaker individual life, annuities units

US life insurer Prudential Financial Inc fell short of analyst estimates for quarterly profit on Wednesday, hurt by

Published 31 Jul, 2019 10:03pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	156.63
USD to Swiss Franc / Dec 23	0.90
Pound Sterling to USD / Dec 23	1.26
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
Nasdaq / Dec 20	19,572.60
Dow Jones / Dec 20	42,840.26
India Sensex / Dec 23	78,595.51
Tokyo Nikkei / Dec 23	39,161.34
Hang Seng / Dec 23	19,857.04
FTSE 100 / Dec 23	8,068.16
Germany DAX 30 / Dec 23	19,830.32

Item	Value
Gold 10 Grams PKR / Dec 20	234,311
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Crude Oil USD/Barrel / Dec 23	69.79
Gold Spot USD/Ounce / Dec 23	2,632.38
Cotton US¢/pound / Dec 23	68.96
Petrol/Litre / Dec 24	252.10

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 23 First Capital Equities Limited(FCEL)	6.15 ▲ 1.00 (19.42%)
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	6.83 ▲ 0.92 (15.57%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Chenab Ltd (Pref) / Dec 23 Chenab Limited (Pref)(CLCPS)	3.75 ▲ 0.36 (10.62%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.72 ▲ 0.45 (10.54%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Dawood Equities / Dec 23 Dawood Equities Limited(DEL)	10.63 ▲ 1.00 (10.38%)
HBL Invest Fund / Dec 23 HBL Investment Fund(HIFA)	4.15 ▲ 0.39 (10.37%)

Stock	Price
Sindh Abadgar / Dec 23 Sindh Abadgar's Sugar Mills Limited(SASML)	36.60 ▼ -4.07 (-10.01%)
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.96 ▼ -1.55 (-9.99%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	14.01 ▼ -1.33 (-8.67%)
Dadabhoy Cement / Dec 23 Dadabhoy Cement Industries Limited(DBCI)	6 ▼ -0.54 (-8.26%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.46 ▼ -0.93 (-8.17%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.14
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	66,327,753 ▲ 0.92
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.19
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.37
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.76
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	38,585,180 ▲ 1.96
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	35,015,764 ▲ 1.32
P.T.C.L. / Dec 23 Pakistan Telecommunication Company Ltd(PTC)	33,026,526 ▲ 2.58
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.26

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