News stories for Asad Naeem - Business Recorder

Asad Naeem

Markets

Australia & NZ dlrs on the ropes as yen punches back

SYDNEY/WELLINGTON: The Australian dollar was under heavy pressure on Thursday as a vicious reversal in the yen and a sli

Published 05 Jun, 2013 11:52pm

Markets

Yen jumps, commodity currencies feel the heat

SYDNEY: The yen was sharply higher on Thursday as a rout in Japanese stocks forced investors out of popular carry trades

Published 05 Jun, 2013 11:48pm

Markets

Australia shares seen extending losses on Fed stimulus worries

SYDNEY: Australian shares are set to open lower on Thursday, extending losses after touching a 4-1/2-month low and track

Published 05 Jun, 2013 11:44pm

Top News

Microsoft, FBI take aim at global cyber crime ring

BOSTON: Microsoft Corp and the FBI, aided by authorities in more than 80 countries, have launched a major assault on one

Published 05 Jun, 2013 11:44pm

Markets

Brazil stocks slide 2 pct on exchange-rate swing

SAO PAULO: Brazil's benchmark Bovespa stock index fell 2 percent in late trading on Wednesday, as investors gauged t

Published 05 Jun, 2013 11:37pm

Markets

Gold gains after private US jobs growth misses forecast

NEW YORK: Gold prices held onto gains in late Wednesday trade as investors sought safer assets after a private US jobs r

Published 05 Jun, 2013 11:37pm

Markets

Dollar skids as soft US data spurs caution; ECB meeting eyed

NEW YORK: The dollar fell sharply against the yen on Wednesday as weaker-than-expected US private jobs growth last month

Published 05 Jun, 2013 11:32pm

Markets

ICE cotton stems rally as buying slows, financial markets weigh

NEW YORK: Cotton futures fell on Wednesday, stemming a two-session rally of more than 6.5 percent, as fiber came under p

Published 05 Jun, 2013 11:27pm

Markets

Brent oil ends lower on US refinery start-up report

NEW YORK: Brent crude dropped sharply just before the session close on Wednesday after reports of the imminent restart o

Published 05 Jun, 2013 11:25pm

Markets

C$ flat vs greenback; hits new high vs Aussie

TORONTO: The Canadian dollar ended flat against its US counterpart on Wednesday as weaker-than-expected US private secto

Published 05 Jun, 2013 11:24pm

Markets

US bonds gain on safety bid as ADP data disappoint

NEW YORK: US Treasuries prices rose on Wednesday as weak economic data spurred safe-haven bids, with investors waiting f

Published 05 Jun, 2013 11:21pm

Markets

TSX drops to near 1-month low on US growth, Fed fears

TORONTO: Canada's main stock index recorded one of its steepest one-day percentage falls of the year on Wednesday du

Published 05 Jun, 2013 11:12pm

Markets

Wall St drops as fears of less Fed stimulus mount

NEW YORK: US stocks dropped 1 percent on Wednesday, extending a recent selloff, as investors grappled with concerns that

Published 05 Jun, 2013 11:06pm

World

Kerry asks France for Syria chem weapons info

ANTIGUA: US Secretary of State John Kerry said Wednesday he had asked his French counterpart Laurent Fabius to share evi

Published 05 Jun, 2013 09:33pm

Top News

IMF admits 'notable failures' in 2010 Greece rescue

WASHINGTON: The International Monetary Fund admitted Wednesday that there were "notable failures" in preparing the first

Published 05 Jun, 2013 09:33pm

Business & Finance

US welcomes new Pakistan PM

WASHINGTON: The United States welcomed the swearing-in of Pakistan's new Prime Minister Nawaz Sharif on Wednesday as

Published 05 Jun, 2013 09:31pm

Top News

US, Venezuela to seek 'new way forward' in ties: Kerry

ANTIGUA: The United States and Venezuela Wednesday agreed to try to end more than two years of testy ties and put relati

Published 05 Jun, 2013 09:28pm

Top News

One dead, 13 hurt in US building collapse

PHILADELPHIA: A four-story apartment building collapsed onto a smaller structure Wednesday in the US city of Philadelphi

Published 05 Jun, 2013 09:27pm

Top News

Rockets launched from Syria hit Lebanon's Baalbek: security source

BAALBEK: At least five rockets launched from across Lebanon's border with Syria hit the eastern city of Baalbek Wedn

Published 05 Jun, 2013 09:25pm

Markets

US stocks skid, Dow below 15,000

WASHINGTON: US stocks shed more than 1.0 percent Wednesday following a global rout as weaker-than-expected data on priva

Published 05 Jun, 2013 09:20pm

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
Dow Jones / Nov 21	43,870.35
India Sensex / Nov 22	78,147.34
Tokyo Nikkei / Nov 22	38,283.85
Hang Seng / Nov 22	19,170.91
FTSE 100 / Nov 22	8,202.46
Germany DAX 30 / Nov 22	19,225.74

Item	Value
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
Cotton US¢/pound / Nov 22	70.12
Petrol/Litre / Nov 23	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	7.15 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	620.68 ▼ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	69.40 ▼ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	115 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,084.82 ▼ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.35 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	7.15 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	620.68 ▲ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	69.40 ▲ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	115 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,084.82 ▲ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.35 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 23 Worldcall Telecom Limited(WTL)	95,563,962 ▲ 0.00
Pace (Pak) Ltd. / Nov 23 Pace (Pakistan) Limited(PACE)	51,499,190 ▲ 0.00
Kohinoor Spining / Nov 23 Kohinoor Spinning Mills Limited(KOSM)	48,260,119 ▲ 0.00
K-Electric Ltd. / Nov 23 K-Electric Limited(KEL)	44,585,332 ▲ 0.00
Treet Battery / Nov 23 Treet Battery Limited(TBL)	42,849,466 ▲ 0.00
Waves Home Appliances / Nov 23 Waves Home Appliances Limited(WAVESAPP)	41,650,133 ▲ 0.00
PIA Holding Co.Ltd / Nov 23 PIA Holding Company Limited(PIAHCLA)	33,841,692 ▲ 0.00
Fauji Foods Ltd / Nov 23 Fauji Foods Limited(FFL)	25,303,681 ▲ 0.00
Cnergyico PK / Nov 23 Cnergyico PK Limited(CNERGY)	25,120,112 ▲ 0.00

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