News stories for Asad Naeem - Business Recorder

Asad Naeem

Markets

Cotton ends mostly lower as market preps for USDA report

NEW YORK: Most ICE cotton contracts ended Tuesday with modest losses, as participants prepared for the Department of Agr

Published 07 May, 2013 11:02pm

World

Pentagon cites new drive to develop anti-satellite weapons

WASHINGTON: Deputy Defense Secretary Ashton Carter on Tuesday said the US military had launched a "long overdue" effort

Published 07 May, 2013 11:00pm

Markets

Australia dlr stung by risk of more rate cuts, eyes China data

SYDNEY/WELLINGTON: The Australian dollar struggled near a two-month low against the US dollar on Wednesday as investors

Published 07 May, 2013 10:57pm

Markets

Oil down after rally on German data, Mideast tensions

NEW YORK: Brent crude oil fell more than $1 on Tuesday as worries about market fundamentals curbed an early rise that ha

Published 07 May, 2013 10:44pm

Markets

C$ hits strongest level since February in central bank rally

TORONTO: The Canadian dollar closed at its strongest level versus its US counterpart since mid-February on Tuesday, risi

Published 07 May, 2013 09:37pm

Markets

TSX climbs as banks, consumer stocks provide lift

TORONTO: Canada's main stock index posted its fourth straight session of gains on Tuesday as strength in financial a

Published 07 May, 2013 09:35pm

Markets

Dow closes above 15,000 for first time

NEW YORK: The blue-chip Dow Jones Industrial Average Tuesday closed above 15,000 for the first time as investor optimism

Published 07 May, 2013 09:30pm

US has 'moral' obligation in Syria: Obama

WASHINGTON: US President Barack Obama said Tuesday he had both a moral and a national security obligation to stop the sl

Published 07 May, 2013 08:27pm

Azevedo's WTO win signals changing world order: Brazil

BRASILIA: The election of Brazilian candidate Roberto Azevedo as the new head of the World Trade Organization reflects a

Published 07 May, 2013 08:24pm

Russia, US agree to push both Syria sides to end conflict

MOSCOW: Russia and the United States agreed at top-level talks on Tuesday to push both the Syrian regime and rebels to f

Published 07 May, 2013 08:18pm

Markets

C$ firms slightly on positive market sentiment

TORONTO: The Canadian dollar was marginally stronger against its US counterpart on Monday, tracking positive market sent

Published 06 May, 2013 11:30pm

Markets

TSX extends gains as banks, industrials climb

TORONTO: Canada's main stock index climbed for a third straight session on Monday as financial and industrial shares

Published 06 May, 2013 11:28pm

Markets

Cotton futures rise for 3rd straight session on weather worries

NEW YORK: ICE cotton rose on Monday for a third straight session, on buying by investors worried about the supply outloo

Published 06 May, 2013 11:26pm

Markets

Australia dlr loses ground to greenback, RBA looms

WELLINGTON/SYDNEY: The Australian dollars was under pressure on Tuesday as the market remained deeply divided on the cha

Published 06 May, 2013 11:24pm

Business & Finance

Exxon says overhauling L.A. refinery crude unit

HOUSTON: Exxon Mobil Corp said on Monday that the crude distillation unit would be included in a multi-week overhaul of

Published 06 May, 2013 11:21pm

Markets

Euro tripped by ECB, Aussie eyes rate decision

SYDNEY: The euro struggled to gain any momentum in early Asian trade on Tuesday, while the Australian dollar nursed loss

Published 06 May, 2013 11:19pm

Life & Style

Hip hop artist Lauryn Hill gets 3 months in jail for tax evasion

NEWARK: A US judge sentenced Grammy-winning hip hop artist Lauryn Hill to three months in prison, three months in home c

Published 06 May, 2013 11:13pm

World

North Korea missiles moved away from launch site: US officials

WASHINGTON: North Korea has taken two Musudan missiles off launch-ready status and moved them from their position on the

Published 06 May, 2013 11:08pm

World

China's cyber spying targets US government: Pentagon

WASHINGTON: China has engaged in widespread cyber espionage in a bid to extract information about the US government'

Published 06 May, 2013 09:50pm

Business & Finance

Bank of America to pay $1.7bn to MBIA to settle dispute

NEW YORK: Bank of America and insurer MBIA on Monday announced a $1.7 billion settlement deal resolving their dispute ov

Published 06 May, 2013 09:45pm

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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