News stories for Asad Naeem - Business Recorder

Asad Naeem

Markets

TSX slumps as Fed mulls stimulus exit

TORONTO: Canada's main stock index slipped on Wednesday after comments by the US Federal Reserve that it could begin

Published 19 Jun, 2013 08:58pm

Markets

Oil, gold dip on Bernanke stimulus remarks, grains up

NEW YORK: Oil prices came under pressure on Wednesday while gold and copper fell after Federal Reserve Chairman Ben Bern

Published 19 Jun, 2013 08:56pm

Top News

Commerzbank confirms to axe over 5,000 jobs

FRANKFURT: Management and employees' representatives at Commerzbank, Germany's second-biggest bank, reached agre

Published 19 Jun, 2013 08:53pm

World

Kerry off on mega Mideast, Asia tour

WASHINGTON: US Secretary of State John Kerry leaves Friday on a 12-day trip during which he will return to the Middle Ea

Published 19 Jun, 2013 08:47pm

World

US, Jordan troops hold desert war games

AQABA: US and Jordanian F-16 fighter jets hit dummy targets in the kingdom's southern desert on Wednesday, while Nav

Published 19 Jun, 2013 08:42pm

Markets

US oil prices dip despite inventories build

NEW YORK: Despite an unexpected build in US oil inventories, US oil prices Wednesday declined only modestly.Analysts sai

Published 19 Jun, 2013 08:39pm

Top News

No US-Taliban talks scheduled: State Department

WASHINGTON: The United States has not scheduled talks with the Taliban, the State Department said Wednesday, after repor

Published 19 Jun, 2013 08:36pm

Business & Finance

FedEx profits rise 7pc despite tepid global economy

NEW YORK: Global package delivery giant FedEx Wednesday reported a seven percent increase in quarterly profits, as incre

Published 19 Jun, 2013 08:31pm

Top News

North Korea ready to return to nuclear talks: China

BEIJING: North Korea expressed willingness Wednesday to rejoin long-stalled nuclear talks, according to its ally China,

Published 19 Jun, 2013 08:28pm

Top News

Moscow gives Obama's nuclear cuts proposal cool reception

MOSCOW: Russian officials on Wednesday reacted coldly to the call by President Barack Obama to jointly reduce nuclear we

Published 19 Jun, 2013 08:26pm

Top News

Britain to consider creating RBS 'bad' bank: Osborne

LONDON: British finance minister George Osborne on Wednesday ordered a review into whether state-rescued Royal Bank of S

Published 19 Jun, 2013 08:25pm

Top News

US stocks tumble after Fed signals bond tapering

NEW YORK: US stocks Wednesday fell sharply after Federal Reserve Chairman Ben Bernanke said the Fed expects to taper bon

Published 19 Jun, 2013 08:21pm

Top News

Syria opposition vows to fight on to topple Assad

BEIRUT: Syria's opposition vowed on Wednesday to fight on to topple President Bashar al-Assad, saying any political

Published 19 Jun, 2013 08:20pm

Markets

Nikkei rises to one-week high as Fed hopes support sentiment

TOKYO: Japan's Nikkei share average rose to a one-week high on Wednesday, helped by a second-straight day of gains o

Published 19 Jun, 2013 12:30am

Markets

Seoul shares drop, Samsung Elec dips after gains

SEOUL: Seoul shares fell in early Wednesday trade as Samsung Electronics shares turned lower after posting their biggest

Published 19 Jun, 2013 12:28am

Markets

Australian shares rise 0.5pc at open; Whitehaven surges

SYDNEY: Australian shares bounced 0.5 percent early on Wednesday, after Wall Street rose for a second straight day as in

Published 19 Jun, 2013 12:27am

Markets

Euro in demand as Fed faces crunch time

SYDNEY: All the major currencies marked time in Asia on Wednesday as investors waited anxiously to see if the Federal Re

Published 19 Jun, 2013 12:25am

Top News

Four Americans killed in attack on Afghan base: US official

WASHINGTON: Four Americans were killed Tuesday in an attack on Bagram air base by insurgents in Afghanistan, a US defens

Published 18 Jun, 2013 11:29pm

World

Qadhafis move to Oman in breach of sanctions: UN

UNITED NATIONS: A daughter and son of late Libyan dictator Moamer Qadhafi have moved from Algeria to Oman in breach of

Published 18 Jun, 2013 11:14pm

World

Google asks US court to allow data query release

WASHINGTON: Google said Tuesday it asked a special US court handling national security investigations for permission to

Published 18 Jun, 2013 11:06pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 14	279.27
USD PKR Interbank Buying / Feb 14	279.07
USD to Japanese Yen / Feb 14	152.31
USD to Swiss Franc / Feb 14	0.90
Pound Sterling to USD / Feb 14	1.26
Euro to USD / Feb 14	1.05
UK LIBOR % / Feb 14	4.96

Stock	Volume
S&P 500 / Feb 14	6,114.63
India Sensex / Feb 14	75,939.21
Tokyo Nikkei / Feb 14	39,149.43
Nasdaq / Feb 14	20,026.77
Hang Seng / Feb 14	22,620.33
FTSE 100 / Feb 14	8,732.46
Dow Jones / Feb 14	44,546.08
Germany DAX 30 / Feb 14	22,513.42
France CAC40 / Feb 14	8,178.54

Item	Value
Crude Oil USD/Barrel / Feb 14	70.74
Karachi Cotton PKR/37.32 KG / Feb 14	17,785
Gold 10 Grams PKR / Feb 14	262,517
Gold Spot USD/Ounce / Feb 14	2,882.53
Cotton US¢/pound / Feb 14	68.31
Petrol/Litre / Feb 16	256.13
Diesel/Litre / Feb 16	263.95

Gainers
Losers
Leaders

Stock	Price
At-Tahur Ltd. / Feb 14 At-Tahur Limited(PREMA)	35.26 ▲ 3.21 (10.02%)
Saritow Spinning / Feb 14 Saritow Spinning Mills Limited(SSML)	23.84 ▲ 2.17 (10.01%)
Leather Up Ltd. / Feb 14 Leather Up Limited(LEUL)	38.02 ▲ 3.46 (10.01%)
Lucky Cement / Feb 14 Lucky Cement Limited(LUCK)	1,366.37 ▲ 124.22 (10%)
Suhail Jute / Feb 14 Suhail Jute Mills Limited(SUHJ)	108.35 ▲ 9.85 (10%)
Agriautos Ind. / Feb 14 Agriauto Industries Limited(AGIL)	115.49 ▲ 10.5 (10%)
Mandviwala / Feb 14 Mandviwala Mauser Plastic Industries(MWMP)	20.48 ▲ 1.86 (9.99%)
Sindh Abadgar / Feb 14 Sindh Abadgar's Sugar Mills Limited(SASML)	50.08 ▲ 4.55 (9.99%)
Popular Islamic / Feb 14 Popular Islamic Modaraba(PIM)	12.37 ▲ 1.04 (9.18%)
F.Credit & Inv / Feb 14 First Credit and Investment Bank Limited(FCIBL)	8.39 ▲ 0.7 (9.1%)

Stock	Price
Dewan Textile / Feb 14 Dewan Textile Mills Limited(DWTM)	6.80 ▼ -0.99 (-12.71%)
TPL Trakker Ltd / Feb 14 TPL Trakker Limited(TPLT)	7.55 ▼ -0.93 (-10.97%)
I.C.C. Ind. / Feb 14 ICC Industries Limited(ICCI)	10.77 ▼ -1.2 (-10.03%)
Redco Textile / Feb 14 Redco Textiles Limited(REDCO)	22.60 ▼ -2.51 (-10%)
Engro Powergen / Feb 14 Engro Powergen Qadirpur Limited(EPQL)	25.78 ▼ -2.86 (-9.99%)
D.M. Textile / Feb 14 D.M. Textile Mills Limited(DMTX)	63 ▼ -6.99 (-9.99%)
Universal Ins. / Feb 14 The Universal Insurance Company Limited(UVIC)	12.91 ▼ -1.43 (-9.97%)
Sakrand Sugar / Feb 14 Sakrand Sugar Mills Limited(SKRS)	12.11 ▼ -1.34 (-9.96%)
Idrees Tex. / Feb 14 Idrees Textile Mills Limited(IDRT)	12.81 ▼ -1.41 (-9.92%)
Sui South Gas / Feb 14 Sui Southern Gas Company Limited(SSGC)	32.68 ▼ -3.56 (-9.82%)

Stock	Volume
B.O.Punjab / Feb 14 The Bank of Punjab(BOP)	79,317,612 ▼ -0.66
Lotte Chemical / Feb 14 Lotte Chemical Pakistan Limited(LOTCHEM)	72,104,503 ▼ -1.12
Power Cement / Feb 14 Power Cement Limited(POWER)	40,290,839 ▼ -0.18
Sui South Gas / Feb 14 Sui Southern Gas Company Limited(SSGC)	32,711,461 ▼ -3.56
Hascol Petrol / Feb 14 Hascol Petroleum Limited(HASCOL)	31,600,150 ▼ -0.41
Dewan Motors / Feb 14 Dewan Farooque Motors Limited(DFML)	31,281,602 ▼ -2.6
Cnergyico PK / Feb 14 Cnergyico PK Limited(CNERGY)	20,508,125 ▼ -0.25
Fauji Foods Ltd / Feb 14 Fauji Foods Limited(FFL)	20,173,357 ▼ -0.24
Fauji Cement / Feb 14 Fauji Cement Company Limited(FCCL)	16,904,777 ▼ -1.09
WorldCall Telecom / Feb 14 Worldcall Telecom Limited(WTL)	16,467,161 ▼ -0.04

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