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 / 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 23	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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