News stories for Asad Naeem - Business Recorder

Asad Naeem

Markets

US stocks surge ahead of Fed meeting

NEW YORK: US stocks Tuesday rose decisively as investors bet that the Federal Reserve will stay the course the next day

Published 18 Jun, 2013 10:21pm

World

Argentine high court rejects Kirchner bid for elected judges

BUENOS AIRES: President Cristina Kirchner suffered a defeat on Tuesday after Argentina's Supreme Court tossed out a

Published 18 Jun, 2013 10:16pm

Obama calls Taliban talks 'important first step'

LOUGH ERNE: President Barack Obama on Tuesday called planned US talks with the Taliban an "important first step" to endi

Published 18 Jun, 2013 10:11pm

World

NASA enlists public in hunt for major asteroids

WASHINGTON: NASA announced a Grand Challenge on Tuesday to enlist government agencies, industry, academics and citizen a

Published 18 Jun, 2013 09:58pm

World

Lawyers for 9/11 suspects ask for confidential reports

FORT MEADE: Lawyers for five men accused of planning the 9/11 attacks sought access Tuesday to confidential communicatio

Published 18 Jun, 2013 09:55pm

Markets

Nasdaq rises more than 1pc

NEW YORK: US stocks added to gains in afternoon trading on Tuesday, pushing the Nasdaq up more than 1 percent, as invest

Published 18 Jun, 2013 09:51pm

Markets

US spot gas rises for 2nd day on warm weather, rising futures

NEW YORK: US spot natural gas prices rose across the country for a second straight day on Tuesday, boosted by warm weath

Published 18 Jun, 2013 09:48pm

Markets

Gold down more than 1 pct on Fed jitters, equities gain

NEW YORK/LONDON: Gold fell more than 1 percent on Tuesday as US equities rallied and bullion buyers took to the sideline

Published 18 Jun, 2013 09:44pm

Markets

Oil gains moderately, trading sluggish ahead of Fed

NEW YORK: Oil prices ended slightly higher on Tuesday in sluggish trading as the market awaited the Federal Reserve'

Published 18 Jun, 2013 09:41pm

Markets

US bond prices steady before Fed policy meeting

NEW YORK: Most US Treasuries prices were little changed on Tuesday in light, choppy trading, as investors awaited the ou

Published 18 Jun, 2013 09:37pm

Markets

Wall St extends rise, investors see no change in Fed policy

NEW YORK: US stocks advanced for a second straight day on Tuesday as investors bet the Federal Reserve would temper stat

Published 18 Jun, 2013 09:34pm

Markets

C$ softens as investors focus on the Fed

TORONTO: The Canadian dollar retreated against a broadly stronger US dollar on Tuesday as investors braced for news on w

Published 18 Jun, 2013 09:31pm

Markets

Corn ends higher, led by new-crop contracts on US weather

CHICAGO: US corn futures rose on Tuesday, led by deferred contracts on technical buying and forecasts for potentially st

Published 18 Jun, 2013 09:28pm

Markets

Dollar gains on yen ahead of Fed; euro gains on data

NEW YORK: The US dollar rose on Tuesday against the yen for a second straight session as some traders bet the Federal Re

Published 18 Jun, 2013 09:27pm

Markets

Cotton prices fall for 2nd session amid long liquidation

NEW YORK: Cotton futures posted a second session of losses on Tuesday as investors booked profits after last week's

Published 18 Jun, 2013 09:24pm

Markets

Fed optimism, Tim Hortons lift TSX to 1-week high

TORONTO: Canada's main stock index climbed to a one-week high on Tuesday as positive economic data and hopes that th

Published 18 Jun, 2013 09:23pm

Markets

Gold's slide below wedge formation points to lower targets

NEW YORK: Spot gold slipped on Tuesday to a near one-month low of $1,360.54 an ounce to put it below a wedge formation t

Published 18 Jun, 2013 09:18pm

World

NSA aims to declassify data on thwarted terror attacks

WASHINGTON: The National Security Agency plans to reveal details about terror plots it says were thwarted by surveillanc

Published 17 Jun, 2013 11:50pm

EU, US launch talks on vast free trade deal

ENNISKILLEN: The European Union and the United States on Monday launched long-awaited formal negotiations to create what

Published 17 Jun, 2013 11:47pm

World

Obama, Putin estranged on Syria but seek progress elsewhere

ENNISKILLEN: Barack Obama and Vladimir Putin on Monday aired clashing views on Syria, but pledged to at least try to kee

Published 17 Jun, 2013 11:45pm

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
FTSE 100 / Nov 21	8,149.27
Dow Jones / Nov 21	43,870.35
Germany DAX 30 / Nov 21	19,146.17
France CAC40 / Nov 21	7,213.32
India Sensex / Nov 22	78,147.34
Tokyo Nikkei / Nov 22	38,283.85

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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