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 / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
USD to Japanese Yen / Dec 24	157.14
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
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
India Sensex / Dec 24	78,472.87
Tokyo Nikkei / Dec 24	38,986.40
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Petrol/Litre / Dec 26	252.10

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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