News stories for Asad Naeem - Business Recorder

Asad Naeem

Business & Finance

Volvo unit Renault Trucks expects revamp to boost market share

LYON: Renault Trucks, the French unit of truckmaker Volvo AB, expects to increase its market share in 2013 after a rev

Published 06 Mar, 2013 08:36pm

Top News

US jobs, factory data offer hope for economy

WASHINGTON: US private employers hired more workers than expected in February and demand for a range of factory goods

Published 06 Mar, 2013 08:29pm

Markets

Dollar extends gains vs yen, trades above 94 yen, a 1-week high

NEW YORK: The dollar hit a one-week high against the yen on Wednesday on technical buying and optimism about US econom

Published 06 Mar, 2013 08:22pm

Top News

Fed says US economy continued to post modest growth

WASHINGTON: US economic growth continued to improve gradually in January and early February as consumer spending picke

Published 06 Mar, 2013 08:17pm

Markets

US crude falls 39 cents to settle at $90.43/bbl

NEW YORK: Front-month US crude oil futures fell 39 cents on Wednesday to settle at $90.43 a barrel after US governme

Published 06 Mar, 2013 07:56pm

Top News

Obama to reveal more on drone strike policy

WASHINGTON: President Barack Obama will soon reveal more about the administration's legal rationale for using drone st

Published 06 Mar, 2013 07:50pm

Top News

Egypt's tunnel closures hit Gaza builders

GAZA: Business was booming for Gaza brick-maker Yasser Qreqea, until neighbouring Egypt shut down smuggling tunnels ac

Published 06 Mar, 2013 07:50pm

Top News

US envoy walks out of nuclear meeting over Iran's Israel remark

VIENNA: The US ambassador to the United Nations nuclear watchdog walked out of an agency meeting on Wednesday in prote

Published 06 Mar, 2013 07:50pm

Top News

Deep US refinery maintenance seen easing in second quarter-IIR

NEW YORK: The amount of US oil refinery capacity in maintenance should decline by almost 50 percent in the second quar

Published 04 Mar, 2013 11:10pm

World

Bersani ultimatum may bring new Italy election closer

ROME: Italy could be inching closer towards another election within months after centre-left leader Pier Luigi Bersani

Published 04 Mar, 2013 11:06pm

Markets

C$ weakens on global growth worries, awaits Bank of Canada

TORONTO: The Canadian dollar ended slightly weaker against its US counterpart on Monday as global economic uncertainty

Published 04 Mar, 2013 11:06pm

Markets

Canada to open oil exploration lands in remote Arctic islands

CALGARY: Canada invited oil and gas companies on Monday to nominate drilling lands in the country's Arctic archipelago

Published 04 Mar, 2013 11:06pm

Markets

Sudan expects 20 more firms to start producing gold this year

KHARTOUM: Sudan expects 20 more companies to start producing gold this year and will allocate more land for investors

Published 04 Mar, 2013 11:01pm

Top News

Euro zone to bail out Cyprus - no details on how

BRUSSELS: Euro zone finance ministers pledged on Monday to agree a bailout for Cyprus by the end of March, but details

Published 04 Mar, 2013 10:51pm

Markets

Stocks edge up as Wall St gains; supply weighs on oil

NEW YORK: US stocks rebounded late in the day on Monday to close higher, boosting a gauge of global equities, while cr

Published 04 Mar, 2013 10:44pm

Markets

Gold eases as ETF holdings fall again, US cuts eyed

NEW YORK: Gold prices eased on Monday as demand waned for gold-backed exchange-traded funds and investors continued to

Published 04 Mar, 2013 10:36pm

Markets

Aussie dlr off lows ahead of RBA rate call, NZD outperforms

WELLINGTON/SYDNEY: The Australian dollar was off multi-month lows but still under pressure on Tuesday ahead of a centr

Published 04 Mar, 2013 10:36pm

Top News

Volcker urges progress on namesake trading ban

WASHINGTON: A fragmented regulatory landscape and obstruction by lobbyists are to blame for a lack of progress in bann

Published 04 Mar, 2013 10:36pm

Markets

Wheat, new-crop corn hit 8-month lows on improved moisture

CHICAGO: US wheat and new-crop corn futures sank to eight-month lows on Monday as melting snow eased concerns about pe

Published 04 Mar, 2013 10:36pm

World

Iraq says Syria 'terrorist group' behind ambush

BAGHDAD: A "terrorist group" from Syria carried out a deadly ambush in western Iraq on Monday that killed 48 Syrian so

Published 04 Mar, 2013 10:03pm

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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