News stories for Asad Naeem - Business Recorder

Asad Naeem

Markets

Australia & NZ dlrs on the ropes as yen punches back

SYDNEY/WELLINGTON: The Australian dollar was under heavy pressure on Thursday as a vicious reversal in the yen and a sli

Published 05 Jun, 2013 11:52pm

Markets

Yen jumps, commodity currencies feel the heat

SYDNEY: The yen was sharply higher on Thursday as a rout in Japanese stocks forced investors out of popular carry trades

Published 05 Jun, 2013 11:48pm

Markets

Australia shares seen extending losses on Fed stimulus worries

SYDNEY: Australian shares are set to open lower on Thursday, extending losses after touching a 4-1/2-month low and track

Published 05 Jun, 2013 11:44pm

Top News

Microsoft, FBI take aim at global cyber crime ring

BOSTON: Microsoft Corp and the FBI, aided by authorities in more than 80 countries, have launched a major assault on one

Published 05 Jun, 2013 11:44pm

Markets

Brazil stocks slide 2 pct on exchange-rate swing

SAO PAULO: Brazil's benchmark Bovespa stock index fell 2 percent in late trading on Wednesday, as investors gauged t

Published 05 Jun, 2013 11:37pm

Markets

Gold gains after private US jobs growth misses forecast

NEW YORK: Gold prices held onto gains in late Wednesday trade as investors sought safer assets after a private US jobs r

Published 05 Jun, 2013 11:37pm

Markets

Dollar skids as soft US data spurs caution; ECB meeting eyed

NEW YORK: The dollar fell sharply against the yen on Wednesday as weaker-than-expected US private jobs growth last month

Published 05 Jun, 2013 11:32pm

Markets

ICE cotton stems rally as buying slows, financial markets weigh

NEW YORK: Cotton futures fell on Wednesday, stemming a two-session rally of more than 6.5 percent, as fiber came under p

Published 05 Jun, 2013 11:27pm

Markets

Brent oil ends lower on US refinery start-up report

NEW YORK: Brent crude dropped sharply just before the session close on Wednesday after reports of the imminent restart o

Published 05 Jun, 2013 11:25pm

Markets

C$ flat vs greenback; hits new high vs Aussie

TORONTO: The Canadian dollar ended flat against its US counterpart on Wednesday as weaker-than-expected US private secto

Published 05 Jun, 2013 11:24pm

Markets

US bonds gain on safety bid as ADP data disappoint

NEW YORK: US Treasuries prices rose on Wednesday as weak economic data spurred safe-haven bids, with investors waiting f

Published 05 Jun, 2013 11:21pm

Markets

TSX drops to near 1-month low on US growth, Fed fears

TORONTO: Canada's main stock index recorded one of its steepest one-day percentage falls of the year on Wednesday du

Published 05 Jun, 2013 11:12pm

Markets

Wall St drops as fears of less Fed stimulus mount

NEW YORK: US stocks dropped 1 percent on Wednesday, extending a recent selloff, as investors grappled with concerns that

Published 05 Jun, 2013 11:06pm

World

Kerry asks France for Syria chem weapons info

ANTIGUA: US Secretary of State John Kerry said Wednesday he had asked his French counterpart Laurent Fabius to share evi

Published 05 Jun, 2013 09:33pm

Top News

IMF admits 'notable failures' in 2010 Greece rescue

WASHINGTON: The International Monetary Fund admitted Wednesday that there were "notable failures" in preparing the first

Published 05 Jun, 2013 09:33pm

Business & Finance

US welcomes new Pakistan PM

WASHINGTON: The United States welcomed the swearing-in of Pakistan's new Prime Minister Nawaz Sharif on Wednesday as

Published 05 Jun, 2013 09:31pm

Top News

US, Venezuela to seek 'new way forward' in ties: Kerry

ANTIGUA: The United States and Venezuela Wednesday agreed to try to end more than two years of testy ties and put relati

Published 05 Jun, 2013 09:28pm

Top News

One dead, 13 hurt in US building collapse

PHILADELPHIA: A four-story apartment building collapsed onto a smaller structure Wednesday in the US city of Philadelphi

Published 05 Jun, 2013 09:27pm

Top News

Rockets launched from Syria hit Lebanon's Baalbek: security source

BAALBEK: At least five rockets launched from across Lebanon's border with Syria hit the eastern city of Baalbek Wedn

Published 05 Jun, 2013 09:25pm

Markets

US stocks skid, Dow below 15,000

WASHINGTON: US stocks shed more than 1.0 percent Wednesday following a global rout as weaker-than-expected data on priva

Published 05 Jun, 2013 09:20pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Swiss Franc / Dec 20	0.89
USD to Japanese Yen / Dec 23	156.63
Pound Sterling to USD / Dec 23	1.26
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
Nasdaq / Dec 20	19,572.60
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75
France CAC40 / Dec 20	7,274.48
India Sensex / Dec 23	78,595.51
Tokyo Nikkei / Dec 23	39,161.34

Item	Value
Gold 10 Grams PKR / Dec 20	234,311
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10
Crude Oil USD/Barrel / Dec 23	69.79
Gold Spot USD/Ounce / Dec 23	2,632.38
Diesel/Litre / Dec 23	255.38

Gainers
Losers
Leaders

Stock	Price
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.74 ▲ 0.47 (11.01%)
I.C.C. Ind. / Dec 23 ICC Industries Limited(ICCI)	10.94 ▲ 1.00 (10.06%)
Power Cem(Pref) / Dec 23 Power Cement (Pref)(POWERPS)	12.27 ▲ 1.12 (10.04%)
Treet Corp / Dec 23 Treet Corporation Limited(TREET)	24.38 ▲ 2.22 (10.02%)
Calcorp Ltd / Dec 23 Calcorp Limited(CASH)	27.48 ▲ 2.50 (10.01%)
Bawany Air Products / Dec 23 Bawany Air Products Limited(BAPL)	37.62 ▲ 3.42 (10.00%)
BF Biosciences / Dec 23 BF Biosciences Limited(BFBIO)	231.43 ▲ 21.04 (10.00%)

Stock	Price
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
Olympia Mills / Dec 23 Olympia Mills Limited(OML)	34.60 ▼ -3.82 (-9.94%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.99 ▼ -1.52 (-9.80%)
LSE Financial Serv. / Dec 23 LSE Financial Services Limited(LSEFSL)	14.66 ▼ -1.59 (-9.78%)
S.G.Power / Dec 23 S.G. Power Limited(SGPL)	10.16 ▼ -1.03 (-9.20%)
National Silk / Dec 23 The National Silk & Rayon Mills Limited(NSRM)	50.51 ▼ -4.93 (-8.89%)
Supernet Ltd. / Dec 23 Supernet Limited (GEM)(GEMSPNL)	15.55 ▼ -1.37 (-8.10%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.09
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.12
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.17
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▼ -0.29
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	31,351,692 ▲ 0.44
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.18
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	24,731,406 ▲ 1.91
Symmetry Group / Dec 23 Symmetry Group Limited(SYM)	21,897,051 ▲ 0.18
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	20,852,515 ▲ 1.12

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