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 / Dec 27	278.47
USD PKR Interbank Buying / Dec 27	278.22
USD to Japanese Yen / Dec 27	157.87
USD to Swiss Franc / Dec 27	0.90
Pound Sterling to USD / Dec 27	1.26
Euro to USD / Dec 27	1.04

Stock	Volume
S&P 500 / Dec 27	5,970.84
India Sensex / Dec 27	78,699.07
Tokyo Nikkei / Dec 27	40,281.16
Nasdaq / Dec 27	19,238.48
Hang Seng / Dec 27	20,090.46
FTSE 100 / Dec 27	8,149.78
Dow Jones / Dec 27	42,992.21
Germany DAX 30 / Dec 27	19,984.32

Item	Value
Crude Oil USD/Barrel / Dec 27	70.60
Gold 10 Grams PKR / Dec 27	234,225
Gold Spot USD/Ounce / Dec 27	2,621.40
Cotton US¢/pound / Dec 27	68.89
Karachi Cotton PKR/37.32 KG / Dec 28	17,785
Petrol/Litre / Dec 29	252.10

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 27 First Capital Equities Limited(FCEL)	6.10 ▲ 1.00 (19.61%)
Chenab Ltd (Pref) / Dec 27 Chenab Limited (Pref)(CLCPS)	4.50 ▲ 0.60 (15.38%)
Sec. Inv. Bank / Dec 27 Security Investment Bank Limited(SIBL)	7.99 ▲ 1.00 (14.31%)
786 Invest Ltd / Dec 27 786 Investments Limited(786)	8.15 ▲ 1.00 (13.99%)
Chenab Ltd / Dec 27 Chenab Limited(CHBL)	9.61 ▲ 1.00 (11.61%)
Next Capital / Dec 27 Next Capital Limited(NEXT)	10.90 ▲ 1.00 (10.10%)
Image Pakistan / Dec 27 Image Pakistan Limited(IMAGE)	20.31 ▲ 1.85 (10.02%)
Baba Farid Sugar / Dec 27 Baba Farid Sugar Mills Limited(BAFS)	53.08 ▲ 4.83 (10.01%)
Biafo Ind. / Dec 27 Biafo Industries Limited(BIFO)	208.88 ▲ 18.99 (10.00%)

Stock	Price
Burj Clean Energy Modaraba / Dec 27 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.10 ▼ -1.00 (-10.99%)
Blue-Ex Ltd / Dec 27 Blue-Ex Limited (GEM)(GEMBLUEX)	40.15 ▼ -4.46 (-10.00%)
Al-Khair Gadoon / Dec 27 Al-Khair Gadoon Limited(AKGL)	41.71 ▼ -4.63 (-9.99%)
Leiner Pak Gelat / Dec 27 Leiner Pak Gelatine Limited(LPGL)	131 ▼ -14.19 (-9.77%)
Jauharabad Sug / Dec 27 Jauharabad Sugar Mills Limited(JSML)	21 ▼ -2.10 (-9.09%)
Aruj Industries / Dec 27 Aruj Industries Limited(ARUJ)	8.62 ▼ -0.86 (-9.07%)
First Imrooz Mod. / Dec 27 First Imrooz Modaraba(FIMM)	200.20 ▼ -19.80 (-9.00%)
MithchellsFruit / Dec 27 Mitchells Fruit Farms Limited(MFFL)	243 ▼ -23.05 (-8.66%)
Grays Leasing / Dec 27 Grays Leasing Limited(GRYL)	5.71 ▼ -0.48 (-7.75%)

Stock	Volume
Fauji Foods Ltd / Dec 27 Fauji Foods Limited(FFL)	104,369,036 ▲ 0.78
WorldCall Telecom / Dec 27 Worldcall Telecom Limited(WTL)	72,731,608 ▲ 0.00
TRG Pak Ltd / Dec 27 TRG Pakistan Limited(TRG)	46,907,628 ▲ 1.54
Cnergyico PK / Dec 27 Cnergyico PK Limited(CNERGY)	40,110,243 ▲ 0.30
Hascol Petrol / Dec 27 Hascol Petroleum Limited(HASCOL)	34,416,789 ▲ 0.06
B.O.Punjab / Dec 27 The Bank of Punjab(BOP)	30,318,392 ▲ 0.04
Ghani Chem. Ind. / Dec 27 Ghani Chemical Industries Limited(GCIL)	26,183,062 ▲ 0.50
Sui South Gas / Dec 27 Sui Southern Gas Company Limited(SSGC)	25,823,481 ▲ 3.11
Silk Bank Ltd / Dec 27 Silkbank Limited(SILK)	25,520,925 ▼ -0.08

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