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 / 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
Petrol/Litre / Nov 23	248.38
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Diesel/Litre / Nov 23	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 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)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 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)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 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)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 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)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 23 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 23 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 23 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 23 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 23 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 23 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 23 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 23 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 23 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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