News stories for Asad Naeem - Business Recorder

Asad Naeem

Markets

Bond prices surge briefly after false explosion tweet

NEW YORK: US Treasuries prices were little changed on Tuesday after a brief surge on a false Twitter message from the As

Published 23 Apr, 2013 08:29pm

Business & Finance

Bank of Canada to buy back up to C$500mn in bonds

TORONTO: The Bank of Canada said on Tuesday it plans to buy back up to C$500 million ($487.35 million) from up to seven

Published 23 Apr, 2013 08:26pm

Markets

Arabica coffee tumbles on weak charts; robusta follows

NEW YORK/LONDON: Arabica coffee futures on ICE sank more than 4 percent on Tuesday, briefly triggering a circuit breaker

Published 23 Apr, 2013 08:24pm

Syria chemical weapons fears, fierce clashes near Homs

BRUSSELS: Fears resurfaced Tuesday of Syrian President Bashar al-Assad resorting to chemical weapons as rebels battled r

Published 23 Apr, 2013 08:23pm

US 'pinged' when Boston suspect flew to Russia

WASHINGTON: Homeland Security Secretary Janet Napolitano said Tuesday the US government's security system "pinged" w

Published 23 Apr, 2013 08:17pm

Markets

Australia dlr hits 6-wk low vs USD, wary of China data

SYDNEY/WELLINGTON: The Australian dollar remained on the defensive on Tuesday after hitting a six-week low against the U

Published 22 Apr, 2013 11:57pm

Markets

Brazil stocks rise on OGX stake speculation

SAO PAULO: Brazilian stocks climbed on Monday as investors piled back in to troubled oil firm OGX on reports of a stake

Published 22 Apr, 2013 11:54pm

Markets

Australia shares seen edging up; China manufacturing data in focus

SYDNEY: Australian shares are set to open slightly higher on Tuesday after Wall Street stocks rose, with investors await

Published 22 Apr, 2013 11:50pm

Markets

Yen bears regroup after attempt at 100 barrier fails again

SYDNEY: The US dollar was nursing a grudge in early Asian trade on Tuesday after another attempt at 100 yen failed due t

Published 22 Apr, 2013 11:47pm

Markets

Nikkei seen rising on optimism over economic outlook, Wall St gains

TOKYO: Japan's Nikkei share average is likely to open higher and may test a fresh multi year-high on Tuesday on ongo

Published 22 Apr, 2013 11:45pm

Markets

Seoul shares seen steadier on tech earnings hopes

SEOUL: Seoul shares are likely to be steadier on Tuesday as tech stocks firm ahead of earnings but gains will be capped

Published 22 Apr, 2013 11:43pm

Markets

European vegoils ease more on good US weather

ROTTERDAM: The European vegetable oils market continued to ease on Monday following improved weather in the US coupled w

Published 22 Apr, 2013 11:40pm

US natgas futures end lower, 1st drop in 5 sessions

NEW YORK: US natural gas futures ended lower on Monday for the first time in five sessions, undermined by milder weather

Published 22 Apr, 2013 11:39pm

Markets

Yields stay low on waning inflation

NEW YORK: US government debt prices rose on Monday on news of weaker-than-expected home resales in March and the implica

Published 22 Apr, 2013 11:37pm

Markets

C$ steady on cautious sentiment; eye on retail sales

TORONTO: The Canadian dollar ended little changed against its US counterpart on Monday, following a dismal prior week, w

Published 22 Apr, 2013 11:34pm

Markets

NY cotton ekes out gains as traders cover shorts

NEW YORK: ICE cotton futures eked out gains on Monday as traders covered short positions and snapped up fiber after last

Published 22 Apr, 2013 11:32pm

Markets

Dollar falls vs yen after coming close to 100 mark

NEW YORK: The dollar slipped against the yen on Monday but remained within a hair's breadth of the key 100-yen level

Published 22 Apr, 2013 11:31pm

Markets

Brent back above $100 in cautious market, gold up too

NEW YORK: Brent crude oil returned to above $100 a barrel on Monday and gold rallied its most since last week's hist

Published 22 Apr, 2013 11:29pm

Markets

US stocks bounce back after last week's losses

NEW YORK: US stocks moved higher Monday amid mixed earnings reports, bouncing back after last week's losses.The Dow

Published 22 Apr, 2013 11:25pm

World

187 dead, 77 injured after fierce Nigeria clashes

KANO: Heavy fighting between Nigerian troops and suspected Islamist insurgents has killed 187 people, including scores o

Published 22 Apr, 2013 11:24pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
USD to Japanese Yen / Dec 24	157.10
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
S&P 500 / Dec 23	5,974.07
Nasdaq / Dec 23	19,764.89
Dow Jones / Dec 23	42,906.95
Germany DAX 30 / Dec 23	19,848.77
India Sensex / Dec 24	78,616.57
Tokyo Nikkei / Dec 24	39,036.85
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,130.86

Item	Value
Gold 10 Grams PKR / Dec 23	241,087.80
Petrol/Litre / Dec 24	252.10
Crude Oil USD/Barrel / Dec 24	69.54
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold Spot USD/Ounce / Dec 24	2,618.54
Diesel/Litre / Dec 24	255.38

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Dec 24 Security Investment Bank Limited(SIBL)	5.99 ▲ 1.00 (20.04%)
Next Capital / Dec 24 Next Capital Limited(NEXT)	8.90 ▲ 1.00 (12.66%)
Pak Agro Pack. (GEM) / Dec 24 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9 ▲ 1.00 (12.50%)
Ghani Chem. Ind. / Dec 24 Ghani Chemical Industries Limited(GCIL)	16.13 ▲ 1.47 (10.03%)
Pak Gulf Leasing / Dec 24 Pak-Gulf Leasing Company Limited(PGLC)	14.37 ▲ 1.31 (10.03%)
Popular Islamic / Dec 24 Popular Islamic Modaraba(PIM)	15.58 ▲ 1.42 (10.03%)
Mandviwala / Dec 24 Mandviwala Mauser Plastic Industries(MWMP)	16.59 ▲ 1.51 (10.01%)
Blessed Tex. / Dec 24 Blessed Textiles Limited(BTL)	301.77 ▲ 27.43 (10.00%)
Crescent Cotton / Dec 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5.00 (10.00%)

Stock	Price
S.G.Power / Dec 24 S.G. Power Limited(SGPL)	10.58 ▼ -1.18 (-10.03%)
Olympia Mills / Dec 24 Olympia Mills Limited(OML)	36 ▼ -4.00 (-10.00%)
J.A.Textile / Dec 24 J.A. Textile Mills Limited(JATM)	33.95 ▼ -3.77 (-9.99%)
Sanghar Sugar / Dec 24 Sanghar Sugar Mills Limited(SANSM)	26.16 ▼ -2.90 (-9.98%)
I.C.C. Ind. / Dec 24 ICC Industries Limited(ICCI)	9.85 ▼ -1.07 (-9.80%)
National Silk / Dec 24 The National Silk & Rayon Mills Limited(NSRM)	50.01 ▼ -5.43 (-9.79%)
Gulshan Sp. / Dec 24 Gulshan Spinning Mills Limited(GSPM)	4.10 ▼ -0.40 (-8.89%)
Crescent Fib. / Dec 24 Crescent Fibres Limited(CFL)	40.16 ▼ -3.81 (-8.66%)
Reliance Ins. / Dec 24 Reliance Insurance Company Limited(RICL)	11.55 ▼ -1.05 (-8.33%)

Stock	Volume
WorldCall Telecom / Dec 24 Worldcall Telecom Limited(WTL)	126,573,463 ▲ 0.05
Fauji Foods Ltd / Dec 24 Fauji Foods Limited(FFL)	66,984,381 ▲ 0.49
Cnergyico PK / Dec 24 Cnergyico PK Limited(CNERGY)	66,471,663 ▼ -0.27
Pak Elektron / Dec 24 Pak Elektron Limited(PAEL)	38,651,653 ▼ -1.53
K-Electric Ltd. / Dec 24 K-Electric Limited(KEL)	36,108,956 ▼ -0.18
Sui South Gas / Dec 24 Sui Southern Gas Company Limited(SSGC)	33,467,532 ▼ -0.50
P.T.C.L. / Dec 24 Pakistan Telecommunication Company Ltd(PTC)	33,030,118 ▼ -1.31
TRG Pak Ltd / Dec 24 TRG Pakistan Limited(TRG)	29,441,264 ▲ 3.35
Pace (Pak) Ltd. / Dec 24 Pace (Pakistan) Limited(PACE)	28,106,970 ▼ -0.18

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