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 / Nov 21	278.16
USD PKR Interbank Buying / Nov 21	277.96
USD to Japanese Yen / Nov 21	154.53
USD to Swiss Franc / Nov 21	0.89
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 21	5,948.71
India Sensex / Nov 21	77,155.79
Tokyo Nikkei / Nov 21	38,026.17
Nasdaq / Nov 21	18,972.42
Hang Seng / Nov 21	19,601.11
FTSE 100 / Nov 21	8,149.27
Dow Jones / Nov 21	43,870.35
Germany DAX 30 / Nov 21	19,146.17

Item	Value
Crude Oil USD/Barrel / Nov 21	70.18
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,669.46
Cotton US¢/pound / Nov 21	70.43
Petrol/Litre / Nov 22	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 22 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 22 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 22 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 22 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 22 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 22 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 22 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 22 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 22 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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