News stories for Asad Naeem - Business Recorder

Asad Naeem

Markets

ICE cotton edges up on heat wave concern, demand worry caps gains

NEW YORK: Cotton futures edged up on Thursday, consolidating after recent losses and underpinned by expectations an upco

Published 27 Jun, 2013 09:32pm

Markets

Dollar dips vs euro as Fed officials dampen 'taper' talk

NEW YORK: The dollar slid against the euro on Thursday after two days of gains as Federal Reserve officials minimized ex

Published 27 Jun, 2013 09:28pm

Markets

Shares, bonds extend gains on easing fear of early Fed exit

NEW YORK: Global equity markets and bonds extended gains on Thursday, showing further signs of stabilizing from a dramat

Published 27 Jun, 2013 09:26pm

Markets

Oil rises amid talk Fed will continue stimulus for now

NEW YORK: Crude oil futures rose for a fourth straight session on Thursday, gaining over $1 a barrel, as conviction stre

Published 27 Jun, 2013 09:23pm

Markets

Wall St rallies for third day as Fed concerns fade

NEW YORK: US stocks climbed for a third straight day on Thursday after comments from several Federal Reserve officials s

Published 27 Jun, 2013 09:19pm

Markets

Gold sinks below $1,200 for first time in nearly 3 years

NEW YORK/LONDON: Gold sank 2 percent on Thursday, as month-end book squaring and relentless liquidation by institutional

Published 27 Jun, 2013 09:14pm

Markets

TSX climbs as US data buoys mood

TORONTO: Canada's main stock index advanced on Thursday, helped by gains in most major sectors, as US economic data

Published 27 Jun, 2013 09:11pm

Top News

EU budget deal held up over British rebate demands

BRUSSELS: A deal to finalise the European Union's long-term budget hit a late snag at a summit of EU leaders on Thur

Published 27 Jun, 2013 09:09pm

Business & Finance

GM denies plans to boost stake in Peugeot

PARIS: US auto giant General Motors said Thursday it had no intention of investing further in Europe's second bigges

Published 27 Jun, 2013 08:41pm

World

UN eases Saddam-era sanctions against Iraq

UNITED NATIONS: The UN Security Council on Thursday eased sanctions against Iraq imposed after Saddam Hussein's 1990

Published 27 Jun, 2013 08:35pm

Top News

Obama welcomes Senegal trial of Chadian ex-dictator

DAKAR: US President Barack Obama on Thursday hailed Senegal's efforts to prosecute former Chadian dictator Hissene H

Published 27 Jun, 2013 08:30pm

Sports

Watson relishes Ashes opening role

LONDON: Shane Watson is fired up by the prospect of opening for Australia in the upcoming Ashes series in England, the a

Published 27 Jun, 2013 08:28pm

Top News

Kerry on new Mideast bid as Israel stresses security

JERUSALEM: US Secretary of State John Kerry met Israeli Prime Minister Benjamin Netanyahu Thursday in his latest bid to

Published 27 Jun, 2013 08:21pm

Top News

US cuts Bangladesh trade privileges over worker safety

WASHINGTON: The United States withdrew key trade privileges from Bangladesh Thursday, citing dangerous conditions for wo

Published 27 Jun, 2013 08:16pm

Markets

Oil prices jump after positive US data

NEW YORK: Oil prices rose sharply Thursday, extending the previous day's rally on the back of upbeat US economic dat

Published 27 Jun, 2013 08:13pm

Markets

Gold down 4 pct; CRB commods index hits one-year low

NEW YORK: Gold tumbled 4 percent on Wednesday for its fourth straight session of declines, and copper and coffee prices

Published 26 Jun, 2013 11:46pm

Markets

Oil edges higher on easing Fed concerns, spread trading

NEW YORK: Oil edged higher on Wednesday, shaking off earlier losses following a large build up in US gasoline inventorie

Published 26 Jun, 2013 11:43pm

Markets

Australia & NZ dlrs up as ECB stays loose, US data disappoints

SYDNEY/WELLINGTON: The Australian and New Zealand dollars were higher on Thursday against most major currencies as soft

Published 26 Jun, 2013 11:39pm

Markets

Wall Street rises on robust US data after recent slide

NEW YORK: US stocks rose by the most in nearly two weeks on Tuesday after data showed business investment and the housin

Published 25 Jun, 2013 11:55pm

Markets

C$ in modest retreat after Keystone comments, US data

TORONTO: The Canadian dollar softened against the greenback on Tuesday but did not break new ground after weakening some

Published 25 Jun, 2013 11:52pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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