News stories for Asad Naeem - Business Recorder

Asad Naeem

Markets

Nikkei set to move into bear market territory, yen strength to weigh

TOKYO: Japan's Nikkei average is expected to open lower on Friday, taking the index into bear market territory, as e

Published 06 Jun, 2013 11:59pm

Markets

Australia shares may edge up at open, on track for weekly loss

SYDNEY: Australian shares may edge up at the open on Friday following a stronger close on Wall Street ahead of the US jo

Published 06 Jun, 2013 11:57pm

Markets

Oil up on Buzzard shutdown, Brent premium to US oil dips

NEW YORK: Oil prices rose on Thursday as Britain's largest oilfield was shut down for the second time in less than a

Published 06 Jun, 2013 11:56pm

Markets

Seoul shares seen flat after hitting near 4-week low

SEOUL: Seoul shares are likely to hold their ground on Friday having hit a near four-week low in the previous session, a

Published 06 Jun, 2013 11:54pm

Markets

US planting worries support soybeans; wheat falls

CHICAGO: US soybean futures trimmed losses and deferred contracts ended higher on Thursday on concerns a return of wet w

Published 06 Jun, 2013 11:50pm

World

US high-yield funds see record $4.634bn weekly outflows

NEW YORK: Outflows reached a record high this week in the high-yield market as conditions have deteriorated. Lipper repo

Published 06 Jun, 2013 11:49pm

US cash crude differentials mostly weaker as arb narrows

NEW YORK: Cash crude differentials in the United States were mostly weaker on Thursday as the trans-Atlantic spread betw

Published 06 Jun, 2013 11:46pm

Markets

US bonds up as retreating stocks revive safety bid

NEW YORK: Treasury debt prices jumped on Thursday as stock market losses on Wall Street revived a bid for safe-haven US

Published 06 Jun, 2013 11:43pm

Markets

TSX falls to 1-month low as US jobs data eyed

TORONTO: Canada's main stock index slipped on Thursday to its lowest in a month, led by a decline in financial share

Published 06 Jun, 2013 11:42pm

Markets

Soybeans trim losses amid planting uncertainty

CHICAGO: US soybean futures trimmed losses on Thursday amid concerns that a return of wet weather could extend planting

Published 06 Jun, 2013 11:40pm

World

Putin, wife announce divorce

MOSCOW: Russian President Vladimir Putin and his wife Lyudmila Thursday announced their divorce after three decades of m

Published 06 Jun, 2013 11:39pm

World

Obama urged to press China to free 16 prisoners

WASHINGTON: Family members of prisoners on Thursday asked President Barack Obama to urge China's new leader to free

Published 06 Jun, 2013 11:34pm

Markets

ICE sugar, coffee rise on support from weaker US dollar

NEW YORK/LONDON: ICE sugar and arabica coffee futures rose on Thursday in heavy trading on support from a weaker US doll

Published 06 Jun, 2013 11:26pm

Markets

ICE cotton gains on US weekly export data, weaker US dollar

NEW YORK: Cotton futures rose on Thursday and were on track for their first weekly gain in a month as buyers were encour

Published 06 Jun, 2013 11:24pm

Markets

Gold rises 1pc on dollar tumble ahead of US payrolls

NEW YORK/LONDON: Gold rose 1 percent on Thursday as the dollar fell sharply against the yen and the euro on fears of dis

Published 06 Jun, 2013 11:22pm

Markets

US natgas futures sink 4 pct on bearish EIA stocks data

NEW YORK: Front-month US natural gas futures ended down sharply on Thursday in active trade, pressured by a government r

Published 06 Jun, 2013 11:19pm

Markets

Dollar plunges in broad selloff, stocks rebound

NEW YORK: Global equities moved higher while the dollar slid against the euro and yen on Thursday as investors reduced h

Published 06 Jun, 2013 11:16pm

Markets

Dollar tumbles as investors sell bullish bets before jobs data

NEW YORK: The dollar fell sharply against the yen and euro on Thursday, hitting levels not seen in months, as investors

Published 06 Jun, 2013 11:08pm

Markets

CBOT spot soyoil at 5-1/2 month low on technical selling

CHICAGO: Spot soyoil futures on the Chicago Board of Trade fell to a 5-1/2 month low on Thursday and most months hit con

Published 06 Jun, 2013 11:06pm

Markets

Canada crude prices rise on expectation of refinery demand

CALGARY: Canadian cash crude prices strengthened on Thursday as reports that refinery maintenance neared completion spur

Published 06 Jun, 2013 11:05pm

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 22	154.78
USD to Swiss Franc / Nov 22	0.89
Pound Sterling to USD / Nov 22	1.26
Euro to USD / Nov 22	1.05

Stock	Volume
S&P 500 / Nov 21	5,948.71
Nasdaq / Nov 21	18,972.42
FTSE 100 / Nov 21	8,149.27
Dow Jones / Nov 21	43,870.35
Germany DAX 30 / Nov 21	19,146.17
France CAC40 / Nov 21	7,213.32
India Sensex / Nov 22	78,147.34
Tokyo Nikkei / Nov 22	38,283.85

Item	Value
Petrol/Litre / Nov 22	248.38
Crude Oil USD/Barrel / Nov 22	70.18
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Gold Spot USD/Ounce / Nov 22	2,691.90
Diesel/Litre / Nov 22	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.15 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	620.68 ▼ 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)	69.40 ▼ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	115 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,084.82 ▼ 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)	12.35 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.15 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	620.68 ▲ 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)	69.40 ▲ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	115 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,084.82 ▲ 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)	12.35 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 22 Worldcall Telecom Limited(WTL)	95,563,962 ▲ 0.00
Pace (Pak) Ltd. / Nov 22 Pace (Pakistan) Limited(PACE)	51,499,190 ▲ 0.00
Kohinoor Spining / Nov 22 Kohinoor Spinning Mills Limited(KOSM)	48,260,119 ▲ 0.00
K-Electric Ltd. / Nov 22 K-Electric Limited(KEL)	44,585,332 ▲ 0.00
Treet Battery / Nov 22 Treet Battery Limited(TBL)	42,849,466 ▲ 0.00
Waves Home Appliances / Nov 22 Waves Home Appliances Limited(WAVESAPP)	41,650,133 ▲ 0.00
PIA Holding Co.Ltd / Nov 22 PIA Holding Company Limited(PIAHCLA)	33,841,692 ▲ 0.00
Fauji Foods Ltd / Nov 22 Fauji Foods Limited(FFL)	25,303,681 ▲ 0.00
Cnergyico PK / Nov 22 Cnergyico PK Limited(CNERGY)	25,120,112 ▲ 0.00

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