News stories for Parvez Jabri - Business Recorder

Parvez Jabri

Markets

Dollar jumps, stocks fall after Fed rate outlook; pound stalls

NEW YORK: The dollar index hit a more than 2-year high and stocks tumbled after Federal Reserve Chairman Jerome Powe

Published 31 Jul, 2019 10:02pm

Markets

Corn futures set two-month low as improved weather hits US Midwest

CHICAGO: Chicago corn futures had a dismal close on Wednesday and touched a two-month low as analysts said US crop w

Published 31 Jul, 2019 10:00pm

World

No plan to change upcoming South Korea-US military exercise: US official

WASHINGTON: The United States does not plan to make changes to an upcoming military drill with South Korea, a senior

Published 31 Jul, 2019 09:53pm

World

North Korea's test verified combat effectiveness of new rocket syste

SEOUL: Kim Jong Un oversaw the first test firing of a "new-type large-caliber multiple launch guided rocket system"

Published 31 Jul, 2019 09:51pm

World

Britain to spend an extra $2.6bn on no-deal Brexit planning

LONDON: Britain is ramping up preparations for a no-deal Brexit by preparing to spend an extra 2.1 billion pounds ($

Published 31 Jul, 2019 09:49pm

Business & Finance

Brazil central bank cuts interest rate to record low 6.00pc

BRASILIA: Brazil's central bank cut its benchmark interest rate to a record low 6.00% on Wednesday, making an aggres

Published 31 Jul, 2019 09:47pm

Business & Finance

Sun Life profit rises 1.4pc on boost from asset management

Canadian insurer Sun Life Financial Inc reported a 1.4% growth in second-quarter profit on Wednesday, helped by grow

Published 31 Jul, 2019 09:46pm

Business & Finance

JPMorgan, Citi lower benchmark interest rates following Fed rate cut

NEW YORK: Two of the biggest US banks, JPMorgan Chase & Co and Citigroup Inc, on Wednesday lowered their benchma

Published 31 Jul, 2019 09:44pm

Sports

Knee pain sidelines South Africa's 11th-ranked Anderson

WASHINGTON: World number 11 Kevin Anderson of South Africa withdrew from the ATP Washington Open on Wednesday due to

Published 31 Jul, 2019 09:03pm

Business & Finance

Text of US Federal Reserve policy statement

WASHINGTON: The Federal Reserve's policy arm, the Federal Open Market Committee, announced a 25-basis-point interest

Published 31 Jul, 2019 09:01pm

Business & Finance

Rolls Royce faces probe over India deals

NEW DELHI: Indian investigators have launched a criminal probe into millions of dollars paid by a Rolls Royce energy

Published 31 Jul, 2019 08:58pm

Sports

Tiger commits to first two US PGA playoff events

MIAMI: Reigning Masters champion Tiger Woods committed Wednesday to playing in US PGA Tour playoff events the next t

Published 31 Jul, 2019 08:56pm

Sports

'We'll have a good season': Zidane confident as Benzema hat-trick helps lift gloom

MUNICH: French striker Karim Benzema scored a hat-trick as Real Madrid defeated Fenerbahce 5-3 in a pre-season frien

Published 31 Jul, 2019 08:55pm

World

Trump, Melania to visit Poland, Denmark

WASHINGTON: US President Donald Trump and his wife Melania will travel to Poland and Denmark in a month, the White H

Published 31 Jul, 2019 08:50pm

World

US Fed cuts key interest rate to 'insure' against global uncertainties

WASHINGTON: The US Federal Reserve, under intense pressure from Donald Trump to stimulate the economy, produced on W

Published 31 Jul, 2019 08:48pm

Markets

US stocks end lower after Fed cuts interest rates, Dow -1.2pc

NEW YORK: Wall Street stocks finished decisively lower on Wednesday after the Federal Reserve cut interest rates but

Published 31 Jul, 2019 08:46pm

US puts sanctions on Iran foreign minister: White House

WASHINGTON: The United States on Wednesday put sanctions on Iran's foreign minister, Mohammed Javad Zarif, effective

Published 31 Jul, 2019 08:45pm

Sports

La Liga 'concerned' over federation's weekend only fixture plan

MADRID: Spain's La Liga expressed its concern on Wednesday over federation plans to scrap non-weekend games in the f

Published 31 Jul, 2019 08:44pm

Markets

Canadian dollar gains on better-than-expected GDP growth

TORONTO: The Canadian dollar strengthened against its US counterpart on Wednesday, ahead of a Federal Reserve intere

Published 31 Jul, 2019 08:41pm

Markets

Rouble up before US Fed meeting, Ukrainian hryvnia at three-year peak vs dollar

MOSCOW: The Russian rouble firmed on Wednesday ahead of an expected cut to interest rates by the US Federal Reserve

Published 31 Jul, 2019 08:37pm

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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