News stories for Asad Naeem - Business Recorder

Asad Naeem

Markets

Cotton drops most in 2 months on worry over India, China sales

NEW YORK: Cotton fell more than 2 percent on Wednesday, its largest daily loss in two months, as news that top producers

Published 20 Mar, 2013 10:20pm

Top News

Prices dip after rally on Cyprus worries; Fed on hold

NEW YORK: Prices for US Treasuries slid on Wednesday as investors weighed the extent of a rally this week sparked by a p

Published 20 Mar, 2013 10:13pm

Markets

Wall St ends higher as Fed keeps stimulus in place

NEW YORK: US stocks climbed on Wednesday, with the S&P 500 snapping a three-day losing streak as the Federal Reserve

Published 20 Mar, 2013 10:10pm

Markets

Gold slips after Fed maintains policy, euro rise supports

NEW YORK: Gold slipped slightly in brisk trade on Wednesday after the US Federal Reserve issued its latest policy statem

Published 20 Mar, 2013 10:09pm

Markets

Australia shares seen recovering on Fed's easing commitment

SYDNEY: Australian shares are set to rebound from three days of losses on Thursday, after the Federal Reserve reaffirmed

Published 20 Mar, 2013 10:08pm

Markets

Brent oil rises from 3-month low as Cyprus concern eases

NEW YORK: Brent crude oil rose above $108 a barrel on Wednesday, recovering from a three-month low, after the US Federal

Published 20 Mar, 2013 10:06pm

Markets

NZ dollar jumps on stronger-than-expected GDP

WELLINGTON: The New Zealand dollar jumped and debt prices fell on Thursday after data showed the economy grew much more

Published 20 Mar, 2013 10:04pm

Markets

Oil prices rise on surprise US inventory decline

NEW YORK: Oil prices gained Wednesday after an unexpected decline in US oil inventories. Prices were also strengthened b

Published 20 Mar, 2013 10:00pm

Top News

Syria to be accountable for any use of chemical arms: Obama

JERUSALEM: US President Barack Obama on Wednesday warned the Damascus regime it would be held accountable for any use of

Published 20 Mar, 2013 09:59pm

Markets

Oil prices rise on surprise US inventory decline

NEW YORK: Oil prices gained Wednesday after an unexpected decline in US oil inventories. Prices were also strengthened b

Published 20 Mar, 2013 08:44pm

Top News

Syria to be accountable for any use of chemical arms: Obama

JERUSALEM: US President Barack Obama on Wednesday warned the Damascus regime it would be held accountable for any use of

Published 20 Mar, 2013 08:42pm

Markets

Oil prices rise on surprise US inventory decline

NEW YORK: Oil prices gained Wednesday after an unexpected decline in US oil inventories. Prices were also strengthened b

Published 20 Mar, 2013 08:40pm

World

NASA denies report that Voyager left solar system

WASHINGTON: The US space agency on Wednesday denied a claim made in a scientific study that its Voyager 1 spacecraft had

Published 20 Mar, 2013 08:20pm

Top News

Venezuela says suspends 'channel of communications' with US

CARACAS: Venezuela said Wednesday it has suspended a "channel of communications" with Washington as it ratchets up tensi

Published 20 Mar, 2013 08:17pm

Markets

US stocks hold up despite Cyprus crisis

NEW YORK: US stocks closed mixed Tuesday, holding on as the Cyprus financial crisis threatened to ignite more turmoil ac

Published 20 Mar, 2013 12:11am

World

A generation 'traumatized' in Syria, expert witnesses say

WASHINGTON: Women and children are suffering the worst horrors in Syria, with many subjected to rape and sexual violence

Published 20 Mar, 2013 12:09am

World

Obama hails troops in muted Iraq war anniversary

WASHINGTON: President Barack Obama marked the tenth anniversary of the Iraq invasion on Tuesday by paying tribute to the

Published 20 Mar, 2013 12:06am

Top News

Malala in school for first time since shooting

LONDON: Malala Yousafzai returned to school on Tuesday for the first time since she was shot in the head by the Taliban

Published 19 Mar, 2013 11:50pm

World

Egypt arrests 3 former Libyan officials in Cairo

CAIRO: Egyptian police arrested a cousin of late Libyan dictator Muammar Gaddafi, a former Libyan ambassador to Egypt an

Published 19 Mar, 2013 09:23pm

Business & Finance

Ford to pay $750mn severance to workers at Belgium plant

DETROIT: Ford Motor Co expects to pay about $750 million in severance to hourly workers at its factory in Genk, Belgium,

Published 19 Mar, 2013 09:14pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 26	278.42
USD PKR Interbank Buying / Dec 26	278.27
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03
France CAC40 / Dec 24	7,282.69
India Sensex / Dec 26	78,475.29

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Karachi Cotton PKR/37.32 KG / Dec 26	17,785
Petrol/Litre / Dec 27	252.10

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 26 First Capital Equities Limited(FCEL)	6.10 ▲ 1.00 (19.61%)
Sec. Inv. Bank / Dec 26 Security Investment Bank Limited(SIBL)	6.99 ▲ 1.00 (16.69%)
Next Capital / Dec 26 Next Capital Limited(NEXT)	9.90 ▲ 1.00 (11.24%)
Fauji Foods Ltd / Dec 26 Fauji Foods Limited(FFL)	16.45 ▲ 1.50 (10.03%)
Pak Gulf Leasing / Dec 26 Pak-Gulf Leasing Company Limited(PGLC)	15.81 ▲ 1.44 (10.02%)
Dewan Motors / Dec 26 Dewan Farooque Motors Limited(DFML)	42.21 ▲ 3.84 (10.01%)
Blue-Ex Ltd / Dec 26 Blue-Ex Limited (GEM)(GEMBLUEX)	44.96 ▲ 4.09 (10.01%)
Suhail Jute / Dec 26 Suhail Jute Mills Limited(SUHJ)	99.06 ▲ 9.01 (10.01%)
Altern Energy / Dec 26 Altern Energy Limited(ALTN)	22.65 ▲ 2.06 (10.00%)

Stock	Price
Jauharabad Sug / Dec 26 Jauharabad Sugar Mills Limited(JSML)	23.10 ▼ -2.57 (-10.01%)
Mughal Energy / Dec 26 Mughal Energy Limited(GEM)(GEMMEL)	18.45 ▼ -2.05 (-10.00%)
Fateh Ind. / Dec 26 Fateh Industries Limited(FIL)	120.56 ▼ -13.38 (-9.99%)
Olympia Mills / Dec 26 Olympia Mills Limited(OML)	36.01 ▼ -3.99 (-9.98%)
Popular Islamic / Dec 26 Popular Islamic Modaraba(PIM)	13.54 ▼ -1.50 (-9.97%)
Arctic Textile / Dec 26 Arctic Textile Mills Limited(ARCTM)	21.60 ▼ -2.37 (-9.89%)
Power Cem(Pref) / Dec 26 Power Cement (Pref)(POWERPS)	12.25 ▼ -1.22 (-9.06%)
Sanghar Sugar / Dec 26 Sanghar Sugar Mills Limited(SANSM)	24 ▼ -2.33 (-8.85%)
Equity Modaraba / Dec 26 First Equity Modaraba(FEM)	3 ▼ -0.29 (-8.81%)

Stock	Volume
WorldCall Telecom / Dec 26 Worldcall Telecom Limited(WTL)	127,408,831 ▼ -0.06
Fauji Foods Ltd / Dec 26 Fauji Foods Limited(FFL)	93,301,142 ▲ 1.50
TRG Pak Ltd / Dec 26 TRG Pakistan Limited(TRG)	46,900,564 ▲ 6.41
Sui South Gas / Dec 26 Sui Southern Gas Company Limited(SSGC)	33,559,500 ▼ -1.65
Cnergyico PK / Dec 26 Cnergyico PK Limited(CNERGY)	33,367,944 ▼ -0.16
K-Electric Ltd. / Dec 26 K-Electric Limited(KEL)	30,254,338 ▼ -0.19
B.O.Punjab / Dec 26 The Bank of Punjab(BOP)	30,003,113 ▼ -0.11
Hascol Petrol / Dec 26 Hascol Petroleum Limited(HASCOL)	27,155,152 ▲ 0.87
Aisha Steel Mill / Dec 26 Aisha Steel Mills Limited(ASL)	26,980,436 ▲ 0.09

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