News stories for Asad Naeem - Business Recorder

Asad Naeem

Markets

USDA raises cotton stocks forecast, downplays China sale impact

NEW YORK: The US government revised its forecast for global cotton inventories in the 2012/13 crop year higher into reco

Published 10 Apr, 2013 08:45pm

Markets

USDA's big global supply forecast weighs heaviest on wheat

CHICAGO: US wheat prices took the biggest hit from the US Agriculture Department's forecasts for global grain and so

Published 10 Apr, 2013 08:43pm

Top News

Dollar hits latest 4-year high vs yen, nears 100 mark

NEW YORK: The dollar rallied to yet another four-year high against the Japanese yen on Wednesday, edging ever closer to

Published 10 Apr, 2013 08:10pm

Top News

Natgas, cotton help overcome other markets' weakness

NEW YORK: Natural gas and cotton rallied on Wednesday, helping the broader commodities complex stay firm, as oil, metals

Published 10 Apr, 2013 08:06pm

Top News

Obama's budget would boost science, health

WASHINGTON: The budget proposal that US President Barack Obama released Wednesday would boost funds for major science an

Published 10 Apr, 2013 07:36pm

Pakistan

PPP to foil conspiracies to postpone elections: Khurshid Shah

BUREWALA: Former federal minister and central leader of Pakistan Peoples Party Syed Khurshid Ahmed Shah said that his pa

Published 09 Apr, 2013 11:31pm

Business & Finance

Czech c.bank: March CPI signals anti-inflationary risk

PRAGUE: Czech March inflation data signal a slight anti-inflationary risk to the central bank's macroeconomic foreca

Published 09 Apr, 2013 11:26pm

Top News

Canada housing starts edge higher in March

TORONTO: Canadian housing starts edged higher in March, the second straight month of gains, Canada Mortgage and Housing

Published 09 Apr, 2013 11:24pm

Top News

Dow reaches a new high on improving sentiment

NEW YORK: The Dow Jones Industrial Average shook off early weakness Tuesday and pressed through to another record close,

Published 09 Apr, 2013 11:22pm

Top News

Boeing to invest $1 billion in South Carolina expansion

NEW YORK: US aerospace giant Boeing announced Tuesday that it will invest more than $1 billion to expand operations in S

Published 09 Apr, 2013 11:21pm

Business & Finance

French central bank sees Q1 GDP growth at 0.1pc

PARIS: The Bank of France forecast on Tuesday that the French economy posted growth of 0.1 percent in the first three mo

Published 09 Apr, 2013 11:18pm

Markets

Aussie dollar rises after China inflation data

SYDNEY: The Australian dollar gained a quarter of a cent after China inflation cooled in March, leaving policymakers roo

Published 09 Apr, 2013 11:15pm

Markets

TSX jumps 1 percent as China data drives gains

TORONTO: Canada's main stock index rose 1 percent on Tuesday as positive economic data from China drove broad gains

Published 09 Apr, 2013 09:40pm

Markets

Taiwan stocks end lower; but HTC gains after results

TAIPEI: Taiwan stocks ended 0.3 percent lower on Tuesday, but HTC Corp rose 1.5 percent even after the smartphone maker

Published 09 Apr, 2013 08:48pm

Markets

LME warehouse rule may have raised copper financing deals

SANTIAGO: The London Metal Exchange's warehouse load-out rule change may have increased the amount of copper locked

Published 09 Apr, 2013 08:45pm

Top News

US Treasury sells $32 bln 3-year notes, high yield 0.342pc

NEW YORK: Prices for longer-dated US Treasuries slid on Tuesday as investors extended a selloff after last week's ra

Published 09 Apr, 2013 07:21pm

Markets

CBOT corn and soy rise ahead of USDA report; wheat mixed

CHICAGO: US corn futures rose 1.7 percent on Tuesday as traders unwound bearish bets on the market ahead of a key govern

Published 09 Apr, 2013 07:16pm

Top News

Jamaica pledged $2bn for restructuring

WASHINGTON: Three key international lenders announced preliminary approval Monday for nearly $2 billion in loans to supp

Published 08 Apr, 2013 11:51pm

Top News

Obama slams Republicans for gun reform 'stunts'

HARTFORD: President Barack Obama accused Republicans of stooping to political stunts Monday to block gun reform, in a fe

Published 08 Apr, 2013 11:50pm

Top News

US economy 'still far' from desired state: Bernanke

WASHINGTON: Federal Reserve Chairman Ben Bernanke said Monday that the US economy still has far to go to recover to an a

Published 08 Apr, 2013 11:49pm

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 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Petrol/Litre / Nov 23	248.38
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Diesel/Litre / Nov 23	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 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)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 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)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 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)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 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)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 23 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 23 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 23 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 23 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 23 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 23 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 23 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 23 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 23 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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