News stories for Asad Naeem - Business Recorder

Asad Naeem

Markets

UK gilts rally and rate futures surge after BoE surprise

LONDON: British government bond prices rose on Thursday and rate futures surged in turbulent trading as investors scaled

Published 04 Jul, 2013 10:20pm

Markets

TSX climbs as market braces for US jobs data

TORONTO: Canada's main stock index rose on Thursday, led by gains in the financial and energy sectors, but the US In

Published 04 Jul, 2013 10:16pm

Markets

European wheat rises, export demand supports prices

AMSTERDAM: European wheat futures rose on Thursday, with support from an upturn in export demand, but price movement was

Published 04 Jul, 2013 10:13pm

Markets

European stocks rally on ECB, BoE stimulus pledges

LONDON: European stocks posted their biggest one-day jump in 11 months on Thursday after central banks in Britain and th

Published 04 Jul, 2013 10:12pm

Markets

Europe Gasoline/Naphtha-US gasoline stocks to determine trend

LONDON: The gasoline crack firmed on Thursday as traders expected the publication of gasoline stocks in the United State

Published 04 Jul, 2013 10:11pm

Markets

ECB, BoE easing signals send shares and bonds higher

LONDON: Clear signals of looser policy ahead from central banks in the UK and Europe on Thursday sent the euro to a five

Published 04 Jul, 2013 10:10pm

Markets

ECB, BoE easing signals send shares and bonds higher

LONDON: Clear signals of looser policy ahead from central banks in the UK and Europe on Thursday sent the euro to a five

Published 04 Jul, 2013 10:10pm

Top News

Copper slips from 2-week highs as supply tightness eases

LONDON: Copper slipped on Thursday from the previous session's two-week highs, under pressure from a stronger dollar

Published 04 Jul, 2013 10:07pm

Markets

C$ marginally weaker ahead of jobs data

TORONTO: Canadian dollar was marginally weaker against its US counterpart on Thursday, as investors mostly kept to the s

Published 04 Jul, 2013 10:07pm

Markets

Latam stocks rally as bargain-hunters pile in

SAO PAULO/MEXICO CITY: Latin American stocks closed higher on Thursday, with Brazil's Bovespa gaining for the first

Published 04 Jul, 2013 10:05pm

Markets

North Sea Crude-Forties steady, Urals supports

LONDON: North Sea Forties crude differentials held steady on Thursday, helped by strong Russian Urals crude prices and c

Published 04 Jul, 2013 09:59pm

Top News

Brazil industry group cuts 2013 growth forecast

BRASïLIA: Brazil's main industrial lobby group on Thursday cut its forecast for GDP growth to two percent and that o

Published 04 Jul, 2013 09:15pm

Top News

Sarkozy quits top French body over poll expenses rejection

PARIS: Former president Nicolas Sarkozy on Thursday resigned from France's top constitutional body after it upheld a

Published 04 Jul, 2013 08:58pm

World

Mali not ready for July elections: envoy

BAMAKO: The chief negotiator in talks between the Mali government and separatist rebels which paved the way for July pre

Published 04 Jul, 2013 08:51pm

Sports

Ton-up Clarke puts Aussies on top

LONDON: Australia captain Michael Clarke scored his first century of the tour to leave the visitors well-placed at stump

Published 04 Jul, 2013 08:46pm

Top News

Grenade strike kills aid worker in Sudan's Darfur: UN

KHARTOUM: A grenade strike in Sudan's Darfur killed one aid worker and critically wounded two others during fighting

Published 04 Jul, 2013 08:30pm

World

US orders staff to evacuate Cairo embassy

WASHINGTON: The United States on Wednesday ordered most of its personnel to evacuate its embassy in Cairo leaving just a

Published 03 Jul, 2013 11:47pm

World

Obama, Merkel discuss concerns over US spy programs

WASHINGTON: President Barack Obama spoke with German Chancellor Angela Merkel on Wednesday to address mounting European

Published 03 Jul, 2013 11:40pm

Business & Finance

Yahoo startup shopping spree continues

SAN FRANCISCO: Yahoo forged ahead Wednesday on its months-long take-over binge with word that it had bought Xobni, a sta

Published 03 Jul, 2013 11:34pm

World

US IRS proposes tax relief for some money fund investors

WASHINGTON: The US Internal Revenue Service on Wednesday proposed new guidance to address some of the tax concerns the m

Published 03 Jul, 2013 11:27pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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