News stories for Asad Naeem - Business Recorder

Asad Naeem

Markets

Crude rises on surprise drop in US jobless claims

NEW YORK: US crude gained more than $1 a barrel on Thursday as data showed an unexpected drop in US unemployment benef

Published 07 Mar, 2013 09:36pm

Markets

Euro rebounds as Draghi quashes easing expectations

NEW YORK: The euro rallied on Thursday, on track for its largest one-day gain in two months against the dollar, as Eur

Published 07 Mar, 2013 09:33pm

Markets

Rains help late-planted Argentine soy and corn

BUENOS AIRES: Late-planted Argentine soy and corn benefited from fresh rains over the last week although the showers s

Published 07 Mar, 2013 09:32pm

World

Chavez remains arrive at military academy

CARACAS: The remains of Venezuela's late president Hugo Chavez arrived Wednesday at the military academy in Caracas wh

Published 06 Mar, 2013 11:37pm

Top News

iPhone extends gains in US market: survey

WASHINGTON: Apple's iPhone gained ground in the US market over the holiday season and early 2013, outpacing Samsung an

Published 06 Mar, 2013 11:36pm

Markets

Nikkei set to rise above 12,000 on Wall Street gains

TOKYO: Japan's Nikkei share average is set to rise and trade above 12,000 on Thursday with sentiment strong after Wall

Published 06 Mar, 2013 11:27pm

Business & Finance

GM to open fourth US tech center, hire 1,000 people

DETROIT: General Motors Co will open a fourth US information technology center as part of its plan to bring that work

Published 06 Mar, 2013 10:01pm

Markets

Cocoa hits multi-month lows, producer sales awaited

NEW YORK/LONDON: Cocoa futures hit multi-month lows on Wednesday with the market weighed by an improving outlook for W

Published 06 Mar, 2013 09:57pm

Top News

Egypt court throws election timetable up in the air

CAIRO: An Egyptian court threw the timetable for parliamentary elections into confusion on Wednesday, ordering the

Published 06 Mar, 2013 09:57pm

Markets

Dow hits another record on ADP jobs data, S&P flat

NEW YORK: The Dow hit another intraday record high on Wednesday on signs of improvement in the US labor market, but th

Published 06 Mar, 2013 09:43pm

Business & Finance

RPT-Banks line up to bid on City National

NEW YORK: North American and Spanish banks are lining up to bid on City National Bank of Florida over the next few day

Published 06 Mar, 2013 09:38pm

Markets

Euro slides vs dollar as ECB seen signaling future easing

NEW YORK: The euro weakened against the dollar on Wednesday, a day before a European Central Bank monetary policy meet

Published 06 Mar, 2013 09:32pm

World

Russian and US diplomats to meet on Syria on Thursday

MOSCOW: Senior US and Russian diplomats will discuss the Syrian conflict at talks in London on Thursday, Russia said o

Published 06 Mar, 2013 09:32pm

World

Too much salt may trigger autoimmune diseases

CHICAGO: Increased salt consumption may be a key culprit behind rising rates of autoimmune diseases such as multiple s

Published 06 Mar, 2013 09:32pm

Business & Finance

Exxon's 2013 output to fall before growth returns

NEW YORK: Exxon Mobil Corp said on Wednesday its oil and natural gas production would fall about 1 percent in 2013, bu

Published 06 Mar, 2013 09:20pm

Business & Finance

TransCanada says Keystone oil line had brief outage

CALGARY: TransCanada Corp said its 590,000 barrel a day Keystone oil pipeline between Canada and the US midcontinent r

Published 06 Mar, 2013 09:05pm

Top News

Cameron talks tough, wants bonus plan tweaks

LONDON: British Prime Minister David Cameron said on Wednesday he wanted to ensure EU plans to limit bankers' bonuses

Published 06 Mar, 2013 08:47pm

Top News

Washington shuts down ahead of snowstorm

WASHINGTON: The US capital shut down on Wednesday ahead of a fierce snowstorm that blanketed the Appalachians, cut pow

Published 06 Mar, 2013 08:44pm

Top News

Golan peacekeepers detained by Syrian rebels: UN

UNITED NATIONS: The United Nations said about 20 peacekeepers were detained in Syria near the Israeli-occupied Golan H

Published 06 Mar, 2013 08:44pm

Top News

S&P raises Jamaica sovereign rating out of default

NEW YORK: Rating agency Standard & Poor's on Wednesday raised Jamaica's sovereign credit rating out of default to CCC-

Published 06 Mar, 2013 08:44pm

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
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Cotton US¢/pound / Nov 23	70.77
Petrol/Litre / Nov 24	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 24 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 24 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 24 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 24 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 24 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 24 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 24 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 24 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 24 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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