News stories for Asad Naeem - Business Recorder

Asad Naeem

Markets

Oil hit by biggest decline since November on Fed plan

NEW YORK: Brent crude oil futures dropped $4 on Thursday in the biggest one-day decline since November as part of a cros

Published 20 Jun, 2013 11:34pm

Markets

ICE coffee, sugar post biggest losses this year amid selloff

NEW YORK/LONDON: ICE arabica coffee tumbled to a near four-year low in its biggest loss since July and raw sugar futures

Published 20 Jun, 2013 11:32pm

Markets

Grains down on macroeconomic worries, weather outlooks

CHICAGO: US grain prices fell on Thursday amid a broad-based commodity selloff and a firming dollar, a day after the US

Published 20 Jun, 2013 11:31pm

Markets

Gold dives 5pc in global market rout on Fed fears

NEW YORK/LONDON: Gold sustained one of its biggest routs since the 2008 economic crisis on Thursday, plunging 5 percent

Published 20 Jun, 2013 11:30pm

Markets

FTSE hits 5-month low on Fed plans, China

LONDON: Britain's top shares slid to five-month lows on Thursday, led by miners after the US Federal Reserve said it

Published 20 Jun, 2013 11:23pm

Markets

European shares suffer worst day since 2011 on Fed, China

LONDON: European shares posted their steepest one-day fall in 19 months on Thursday, hit by the prospect of reduced US m

Published 20 Jun, 2013 11:21pm

Markets

Euro coal futures hit new 39-month low as power prices wilt

LONDON: European coal futures for 2014 delivery fell to a new 39-month low at $86.05 a tonne on Thursday, sounding a shr

Published 20 Jun, 2013 11:19pm

Markets

EU wheat falls with commodity sell-off

PARIS: European wheat futures edged lower on Thursday as part of a wide global sell-off in commodities including the Chi

Published 20 Jun, 2013 11:08pm

Markets

Cotton futures post 4th straight loss as commodities sell off

NEW YORK: ICE cotton continued its slide on Thursday during a broad-based sell-off as the US Federal Reserve's plan

Published 20 Jun, 2013 11:07pm

Markets

Copper falls to 20-month low on Fed, weak China data

LONDON: Copper fell to its lowest level in 20 months, hit by further evidence that the economy of top metals consumer Ch

Published 20 Jun, 2013 11:05pm

Markets

C$ sheds a cent, hits 2-week low as Fed roils markets

TORONTO: The Canadian dollar lost a full cent in value against the US dollar on Thursday as investors piled into the US

Published 20 Jun, 2013 11:04pm

Markets

Australia dollar slugged to 3yr low as Fed flags stimulus slowdown

SYDNEY/WELLINGTON: The Australian dollar dived to a three-year low on Thursday as commodity-linked and emerging currenci

Published 19 Jun, 2013 11:37pm

Markets

Asian stocks brace for fall, China data eyed

SYDNEY: Asian stock markets were braced for a fall on Thursday in line with Wall Street after the US central bank confir

Published 19 Jun, 2013 11:30pm

Britain to look at RBS split, start Lloyds sale soon

LONDON: Britain is ready to start selling its shares in Lloyds Banking Group and will examine whether to break up Royal

Published 19 Jun, 2013 11:25pm

Markets

New Zealand dollar extends decline after GDP disappoints

SYDNEY: The New Zealand dollar suffered a further blow on Thursday in the wake of data showing the local economy grew at

Published 19 Jun, 2013 11:20pm

Business & Finance

Microsoft reverses position on Xbox One Internet, game sharing

SEATTLE: Microsoft Corp said on Wednesday that users of its forthcoming Xbox One game console will be able to play games

Published 19 Jun, 2013 11:18pm

Markets

ICE cotton futures edge down on long liquidation, Texas rains

NEW YORK: ICE cotton closed down on Wednesday in its longest string of one-day losses in more than two weeks, as long li

Published 19 Jun, 2013 09:18pm

Markets

Gold hits 1-month low on Bernanke's reduced stimulus talk

NEW YORK/LONDON: Gold fell to a one-month low on Wednesday after the US Federal Reserve chairman said he expects to slow

Published 19 Jun, 2013 09:09pm

Markets

Wheat jumps on short-covering; corn, soy also climb

CHICAGO: US wheat futures climbed nearly 3 percent on Wednesday, their biggest daily rise since April, on buying and exp

Published 19 Jun, 2013 09:07pm

Markets

Wall St slumps after Bernanke hints at slowing bond buying

NEW YORK: US stocks fell more than 1 percent on Wednesday after Federal Reserve Chairman Ben Bernanke said the central b

Published 19 Jun, 2013 09:03pm

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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