News stories for Asad Naeem - Business Recorder

Asad Naeem

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ECB hint at more easing sends euro down

WASHINGTON: The euro sank against the dollar Thursday after European Central Bank chief Mario Draghi hinted at more poss

Published 02 May, 2013 11:10pm

Business & Finance

President condemns Karachi blast

KARACHI: President Asif Ali Zardari on Thursday strongly condemned a bomb blast near the election office of Muttahida Qa

Published 02 May, 2013 11:01pm

Top News

Kerry, Israel's Livni talk Mideast peace

WASHINGTON: Israeli chief negotiator Tzipi Livni met Thursday with US Secretary of State John Kerry to discuss reviving

Published 02 May, 2013 10:57pm

Top News

US live cattle climb as beef demand surges

CHICAGO: Chicago Mercantile Exchange live cattle futures moved higher on Thursday as wholesale beef prices approached an

Published 02 May, 2013 10:17pm

Top News

US natgas futures end down 7 pct after bearish EIA report

NEW YORK: US natural gas futures ended lower on Thursday for a third straight day, with a government report showing an u

Published 02 May, 2013 10:15pm

Markets

Wall St closes up on tech gains, S&P near 1,600

NEW YORK: US stocks closed about 1 percent higher on Thursday, led by tech shares, after weekly jobless claims figures p

Published 02 May, 2013 10:12pm

Markets

C$ hits weakest in 2 days after Bank of Canada appointment

TORONTO: The Canadian dollar hit its weakest versus the US dollar in two days on Thursday after the Bank of Canada surpr

Published 02 May, 2013 09:41pm

Markets

Oil pushes up toward $103 after ECB rate cut

NEW YORK: Brent crude rose nearly $3 a barrel on Thursday, closing shy of $103 as a rate cut by the European Central Ban

Published 02 May, 2013 09:39pm

Markets

US physical coffee-Central American exporters resume new sales

NEW YORK: Central American coffee exporters and farmers have started picking up their phones to sell coffee again, after

Published 02 May, 2013 09:38pm

Markets

ICE cotton jumps most in 1-1/2 months on short-covering, US exports

NEW YORK: Cotton futures rallied on Thursday, prompted by short-covering after a rout during the previous session that s

Published 02 May, 2013 09:34pm

Markets

TSX lifted by Manulife results, ECB rate cut

TORONTO: Financial shares pushed Canada's main stock index higher on Thursday after the European Central Bank cut in

Published 02 May, 2013 09:32pm

Business & Finance

48 held, drugs and illegal weapons recovered

MULTAN: Police on Thursday claimed to have arrested 48 accused included 14 proclaimed offenders during a campaign and re

Published 02 May, 2013 08:18pm

Top News

Euro slumps on ECB negative deposit rate talk

NEW YORK: The euro fell for the first time in five sessions against the dollar on Thursday after European Central Bank P

Published 02 May, 2013 08:17pm

Top News

Wall St ends up, led by technology

NEW YORK: US stocks closed higher on Thursday, led by tech shares, after weekly jobless claims figures pointed to improv

Published 02 May, 2013 08:15pm

Top News

World Press Freedom Day on Friday

KARACHI: The World Press Freedom Day is being marked on Friday.A statement here on Thursday said that on this day, May 3

Published 02 May, 2013 08:14pm

Top News

Eight injured in Burns Road blast

KARACHI: Eight people sustained injuries in a bomb blast near an election office of the Muttahida Qaumi Movement in Burn

Published 02 May, 2013 08:12pm

Top News

Dollar seeking direction, eyes turn to ECB

SYDNEY: The dollar remained on the defensive in early Asian trade on Thursday but was off its lows after the Federal Res

Published 02 May, 2013 12:18am

Markets

Seoul shares seen down; ECB meeting, budget approval may cap fall

SEOUL: Seoul shares are likely to edge lower on Thursday, tracking Wall Street losses sparked by lacklustre economic dat

Published 02 May, 2013 12:13am

Markets

Nikkei falls on weak US data, heads for 4th day of losses

TOKYO: Japan's Nikkei share average fell in early trade on Thursday, on track for a fourth straight session of losse

Published 02 May, 2013 12:09am

Life & Style

Beyonce, J.Lo to headline London charity concert for women

LOS ANGELES: Beyonce, Jennifer Lopez and Florence & The Machine are teaming up for a four-hour charity concert in Lo

Published 01 May, 2013 11:39pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	156.63
USD to Swiss Franc / Dec 23	0.90
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
Dow Jones / Dec 20	42,840.26
India Sensex / Dec 23	78,595.51
Tokyo Nikkei / Dec 23	39,161.34
Hang Seng / Dec 23	19,857.04
FTSE 100 / Dec 23	8,068.16
Germany DAX 30 / Dec 23	19,830.32

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
First Capital Equities / Dec 23 First Capital Equities Limited(FCEL)	6.15 ▲ 1.00 (19.42%)
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	6.83 ▲ 0.92 (15.57%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Chenab Ltd (Pref) / Dec 23 Chenab Limited (Pref)(CLCPS)	3.75 ▲ 0.36 (10.62%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.72 ▲ 0.45 (10.54%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Dawood Equities / Dec 23 Dawood Equities Limited(DEL)	10.63 ▲ 1.00 (10.38%)
HBL Invest Fund / Dec 23 HBL Investment Fund(HIFA)	4.15 ▲ 0.39 (10.37%)

Stock	Price
Sindh Abadgar / Dec 23 Sindh Abadgar's Sugar Mills Limited(SASML)	36.60 ▼ -4.07 (-10.01%)
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%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.96 ▼ -1.55 (-9.99%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	14.01 ▼ -1.33 (-8.67%)
Dadabhoy Cement / Dec 23 Dadabhoy Cement Industries Limited(DBCI)	6 ▼ -0.54 (-8.26%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.46 ▼ -0.93 (-8.17%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.14
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	66,327,753 ▲ 0.92
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.19
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.37
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.76
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	38,585,180 ▲ 1.96
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	35,015,764 ▲ 1.32
P.T.C.L. / Dec 23 Pakistan Telecommunication Company Ltd(PTC)	33,026,526 ▲ 2.58
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.26

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