News stories for Asad Naeem - Business Recorder

Asad Naeem

Top News

Sinopec's Addax could lose rights in Gabon dispute

LIBREVILLE: Addax Petroleum, a subsidiary of China's Sinopec Group, could lose its licence to operate in Gabon for f

Published 13 May, 2013 09:45pm

Business & Finance

Hungary's OTP in talks to buy two foreign-owned banks

BUDAPEST: Hungary's OTP Bank is in talks to buy two banks from foreign owners who plan to withdraw from the country&

Published 13 May, 2013 09:41pm

Markets

Oil falls as China demand slows, US gasoline sales dive

NEW YORK: Crude oil prices settled lower on Monday after a choppy day of trading, hit by slowing oil demand in China and

Published 13 May, 2013 09:38pm

Business & Finance

Saudi central bank pushes banks to reserve more jobs for locals

RIYADH: Saudi Arabia's central bank has asked commercial banks to increase localisation of some functions as Riyadh

Published 13 May, 2013 09:33pm

Top News

US housing is both cheap and out of reach

NEW YORK: America's housing market is both cheap and out of reach. It's one of the few assets that still look un

Published 13 May, 2013 09:26pm

Markets

US corn soars on firm cash market, technicals

CHICAGO: US corn futures advanced on Monday on firm cash markets and concerns that another round of showers would stall

Published 13 May, 2013 09:23pm

Business & Finance

Williams Transco investigates natgas line leak in Louisiana

NEW YORK: Williams Cos Inc's Transcontinental Gas Pipeline Co LLC (Transco) on Monday said it was investigating a sm

Published 13 May, 2013 09:20pm

Markets

Argentine 2012/13 soy crop seen 48.3mn T-exchange

BUENOS AIRES: Argentina's 2012/13 soybean harvest will be 48.3 million tonnes, the Rosario grains exchange said on M

Published 13 May, 2013 09:16pm

Markets

Corn, soybean spreads rally on short covering before May expiry

CHICAGO: Chicago Board of Trade corn and soybean price spreads reached multi-month highs on Monday as razor thin supplie

Published 13 May, 2013 09:14pm

Top News

Obama pushes for Syria talks but warns of huge challenges

WASHINGTON: President Barack Obama vowed on Monday to work to bring the Syrian government and rebels to the negotiating

Published 13 May, 2013 09:11pm

Top News

Gold down 1pc on fund outflows, economic hopes

NEW YORK/LONDON: Gold fell 1 percent on Monday, hovering near its lowest price in two weeks as stronger US retail sales

Published 13 May, 2013 09:09pm

Markets

Stronger US dollar hits oil, gold; stocks pause

NEW YORK: The dollar strengthened against the yen and other major currencies on Monday after the Group of Seven backed J

Published 13 May, 2013 09:05pm

Sports

New Zealand pace bowler Southee cleared for first test

LONDON: New Zealand pace bowler Tim Southee has been cleared to play in the first test against England at Lord's sta

Published 13 May, 2013 09:02pm

World

Judge rules US soldier's killing of five was premeditated

TACOMA: A military judge ruled on Monday that a US soldier who shot and killed five fellow servicemen at a combat stress

Published 13 May, 2013 08:58pm

Top News

Hess offers activist hedge fund Elliott two board seats

NEW YORK: Oil and gas company Hess Corp offered hedge fund Elliott Management two seats on its board as the company look

Published 13 May, 2013 08:53pm

Markets

TSX drops as China data fuels resources dip

TORONTO: Canada's main stock index declined on Monday after sluggish Chinese economic data hurt commodity prices and

Published 13 May, 2013 08:52pm

Markets

Wall St ends near flat after recent gains; healthcare climbs

NEW YORK: US stocks ended flat on Monday, pausing after hitting record highs last week, but strength in healthcare issue

Published 13 May, 2013 08:47pm

Markets

C$ steady as US economy brightens

TORONTO: The Canadian dollar held steady against its US counterpart in quiet trading on Monday, finding support from US

Published 13 May, 2013 08:45pm

Top News

Fed says in touch with Bloomberg on potential client data access

WASHINGTON: The Federal Reserve said on Saturday that it was seeking information from Bloomberg LP about potential acces

Published 11 May, 2013 09:39pm

World

NASA astronauts on spacewalk to fix ammonia leak

WASHINGTON: NASA astronauts on Saturday replaced a pump during an emergency spacewalk to stop an ammonia leak at the Int

Published 11 May, 2013 08:21pm

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
Dow Jones / Nov 21	43,870.35
India Sensex / Nov 22	78,147.34
Tokyo Nikkei / Nov 22	38,283.85
Hang Seng / Nov 22	19,170.91
FTSE 100 / Nov 22	8,202.46
Germany DAX 30 / Nov 22	19,225.74

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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