News stories for Asad Naeem - Business Recorder

Asad Naeem

World

Obama taps Representative Watt as US housing regulator

WASHINGTON: US President Barack Obama on Wednesday nominated a veteran Democratic congressman to oversee mortgage financ

Published 01 May, 2013 11:35pm

Top News

Pentagon prepares to ask US Congress for break from ‘sequester’

WASHINGTON: The Pentagon is preparing to ask Congress soon for more authority to shift funds to cope with automatic spen

Published 01 May, 2013 11:28pm

Markets

Higher beef prices lift US live cattle futures

CHICAGO: Chicago Mercantile Exchange live cattle futures rallied Wednesday as the wholesale beef price, or cutout, moved

Published 01 May, 2013 11:21pm

Markets

Australia shares seen lower on Wall St fall, commodities selloff

SYDNEY: Australian shares are set to fall on Thursday after Wall Street stocks dropped as disappointing earnings reports

Published 01 May, 2013 11:15pm

World

Videogames slow, reverse 'mental decay': study

WASHINGTON: Playing videogames can prevent and even reverse deteriorating brain functions such as memory, reasoning and

Published 01 May, 2013 10:44pm

World

US holds what could be last Green Card lottery

WASHINGTON: Around 100,000 people were chosen from several million Wednesday to get a head-start on a US Green Card, in

Published 01 May, 2013 10:35pm

Top News

Bonds steady as refunding, central banks in focus

NEW YORK: The US Treasury's quarterly refunding statement on Wednesday will be the first in a cluster of highly anti

Published 30 Apr, 2013 10:07pm

Markets

Wheat jumps 2pc on damage concerns as crop tour begins

CHICAGO: US wheat surged 2 percent on Tuesday, with benchmark futures at the Kansas City Board of Trade climbing to the

Published 30 Apr, 2013 10:02pm

Markets

C$ strengthens to 2-1/2-month high as GDP tops forecasts

TORONTO: The Canadian dollar touched its highest level against the US dollar in two and a half months on Tuesday followi

Published 30 Apr, 2013 09:58pm

Business & Finance

Former Goldman programmer fails to win dismissal of code theft case

NEW YORK: A former Goldman Sachs Group Inc computer programmer failed to win the dismissal of charges by Manhattan's

Published 30 Apr, 2013 09:40pm

Markets

Wall St flat as investors seek reasons to extend gains

NEW YORK: US stocks were largely flat on Tuesday as investors found little reason to extend a recent rally that put the

Published 30 Apr, 2013 09:29pm

Markets

Gold falls ahead of central banks' policy meetings

NEW YORK/LONDON: Gold edged lower on Tuesday in volume as investors strong US home prices and consumer confidence data k

Published 30 Apr, 2013 09:27pm

Markets

Oil slides 1 pct on weak economic data from US, Europe

NEW YORK: World oil prices fell more than 1 percent on Tuesday, posting their biggest daily decline in almost two weeks

Published 30 Apr, 2013 09:25pm

Markets

TSX ends more than 1 percent higher as Suncor jumps

TORONTO: Canada's main stock index jumped more than 1 percent on Tuesday, buoyed by gains in almost all main sectors

Published 30 Apr, 2013 09:22pm

Markets

European stocks mixed on weak data

LONDON: European stock markets closed on Tuesday with mixed results as investors balanced mostly gloomy eurozone economi

Published 30 Apr, 2013 09:18pm

Top News

No conflict between growth, fiscal rigour: Merkel

BERLIN: German Chancellor Angela Merkel told Italy's new Prime Minister Enrico Letta on Tuesday that she saw no cont

Published 30 Apr, 2013 09:13pm

World

Syria holds out in chemical weapons inquiry showdown

UNITED NATIONS: The Syrian government on Tuesday maintained a block on giving UN experts unconditional access to investi

Published 30 Apr, 2013 08:39pm

Top News

Apple bond offering among biggest ever

NEW YORK: A bond offering from Apple expected to be priced later today will be one of the largest ever for a US company,

Published 30 Apr, 2013 08:32pm

Top News

Kerry to make 'overdue' first visit to Russia

WASHINGTON: US Secretary of State John Kerry said Tuesday he would visit Russia next week for the first time since takin

Published 30 Apr, 2013 08:30pm

Top News

Slovenia under pressure as Moody's cuts to 'junk'

LJUBLJANA: Slovenia moved a step closer late Tuesday to becoming the next eurozone member to need a bailout after Moody&

Published 30 Apr, 2013 08:28pm

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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