News stories for Parvez Jabri - Business Recorder

Parvez Jabri

Markets

OPEC sees lower 2020 demand for its oil, points to surplus

LONDON: OPEC on Thursday forecast world demand for its crude will decline next year as rivals pump more, pointing to

Published 11 Jul, 2019 01:29pm

Markets

Oil at six-week high on Gulf of Mexico storm, Iran tensions

LONDON: Oil prices hit a six-week high on Thursday as oil rigs in the Gulf of Mexico were evacuated ahead of a storm

Published 11 Jul, 2019 01:28pm

Business & Finance

ECB ready to ease again as inflation goal is ‘some distance away’

FRANKFURT: European Central Bank policymakers gathering last month agreed on the need to be ready to provide more st

Published 11 Jul, 2019 01:27pm

World

Sri Lanka PM says still in talks with US on military cooperation pact

COLOMBO: Sri Lanka is still in talks with the United States on a status-of-forces agreement (SOFA) for visiting US m

Published 11 Jul, 2019 01:26pm

Markets

Gold extends gains after Fed's Powell hints at rate cut

Gold prices rose to a one-week high on Thursday, extending gains from the previous session after US Federal Reserve

Published 11 Jul, 2019 01:25pm

World

BoE says British banks ready for no-deal Brexit, trade war

LONDON: British banks hold enough capital to cope with a no-deal Brexit and a global trade war simultaneously, the B

Published 11 Jul, 2019 01:06pm

World

Merkel says German coalition discord over EU top job ‘is not easy’

BERLIN: Opposition by Germany's Social Democrats, junior partners in the ruling coalition, to the nomination of cons

Published 11 Jul, 2019 01:03pm

Markets

Europe stocks rally wanes on trade woes, earnings jitters

LONDON: Europe's early stocks rally faded and global bond yields rose after jitters over corporate earnings and trad

Published 11 Jul, 2019 12:56pm

Markets

Arabica coffee, sugar climb as Brazilian currency strengthens

LONDON: Arabica coffee futures on ICE were higher on Thursday and raw sugar also advanced, with both markets support

Published 11 Jul, 2019 12:55pm

Business & Finance

South Africa's manufacturing, mining subdued as growth burden shifts to central bank

JOHANNESBURG: South Africa's manufacturing output grew only slightly in May while the slump in mining continued, alb

Published 11 Jul, 2019 12:54pm

World

US weekly jobless claims fall to three-month low

WASHINGTON: The number of Americans filing applications for unemployment benefits dropped to a three-month low last

Published 11 Jul, 2019 12:47pm

World

US core CPI posts biggest gain in nearly 1-1/2 years

WASHINGTON: US underlying consumer prices increased by the most in nearly 1-1/2 years in June amid solid gains in th

Published 11 Jul, 2019 12:46pm

Markets

Copper steady as trade war worries offset soft dollar

LONDON: Copper was supported by a weaker US dollar on Thursday after Federal Reserve Chairman Jerome Powell raised e

Published 11 Jul, 2019 12:40pm

Markets

Strong currency props up Indian rates, wider demand subdued

BENGALURU: Rice export prices in India extended gains this week helped by a stronger rupee, while expectations of fr

Published 11 Jul, 2019 12:39pm

Business & Finance

Exxon evacuating workers from Gulf of Mexico platforms as storm nears

HOUSTON: Exxon Mobil Corp on Wednesday said it has removed non-essential staff from three US Gulf of Mexico platform

Published 10 Jul, 2019 04:23pm

Markets

South Africa's rand firms on Powell's remarks, Kganyago reappointment

JOHANNESBURG: South Africa's rand firmed on Wednesday as the dollar weakened after US Federal Reserve Chairman Jerom

Published 10 Jul, 2019 04:22pm

World

'We have nothing to hide', Iran envoy replies to Trump allegation

VIENNA: All Iran's nuclear activities are monitored by the UN atomic watchdog policing its nuclear deal with major p

Published 10 Jul, 2019 04:21pm

Markets

South Korean mills buy 80,000 tonnes US wheat

HAMBURG: Two South Korean flour mills purchased about 80,000 tonnes of milling wheat to be sourced from the United S

Published 10 Jul, 2019 04:19pm

Markets

US corn, wheat stay weak on improving crop prospects

CHICAGO: Chicago corn futures fell further on Wednesday as improved crop ratings and drier weather were seen boostin

Published 10 Jul, 2019 04:18pm

Business & Finance

Ryanair CEO warns of severe disruption to aviation from no-deal Brexit

BRUSSELS: Britain's aviation sector could see severe disruption in the medium-term if it leaves the European Union w

Published 10 Jul, 2019 04:17pm

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
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Cotton US¢/pound / Nov 23	70.77
Petrol/Litre / Nov 25	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 25 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 25 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 25 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 25 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 25 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 25 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 25 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 25 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 25 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 25 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 25 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 25 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

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

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