News stories for Asad Naeem - Business Recorder

Asad Naeem

Top News

Dow, S&P slip after uncertain Italian election

NEW YORK: US stocks mostly fell on Monday on fears that a divided parliament in Italy would get in the way of the coun

Published 25 Feb, 2013 11:26pm

World

Obama to meet Republicans McCain, Graham on immigration reform

WASHINGTON: President Barack Obama on Tuesday will meet Senator John McCain and Senator Lindsey Graham, leading Republ

Published 25 Feb, 2013 11:26pm

Top News

White House steps up campaign to avoid spending cuts

WASHINGTON: The White House escalated a campaign on Monday to convince Americans dire consequences await if government

Published 25 Feb, 2013 11:26pm

Markets

Colombian coffee growers block roads on first day of strike

BOGOTA: Thousands of Colombian coffee growers blocked roads and prevented beans from getting to port on Monday on the

Published 25 Feb, 2013 11:26pm

Business & Finance

EADS ends Brazilian joint venture with Odebrecht

MUNICH: European aerospace group EADS will end its joint venture with Brazilian construction company Odebrecht after f

Published 25 Feb, 2013 11:26pm

Business & Finance

Yum cutting some supplier ties after China food scare

BEIJING: Yum Brands Inc said on Monday it will stop using more than 1,000 slaughterhouses in China as it moves to tigh

Published 25 Feb, 2013 09:05pm

Markets

Euro drops as Italian vote spurs fears about its economy

NEW YORK: The euro slumped against the dollar and Japanese yen on Monday after exit polls from an election in Italy ig

Published 25 Feb, 2013 09:04pm

World

Israel says it successfully tests new missile defence

JERUSALEM: Israel carried out a successful first test on Monday of its upgraded Arrow interceptor, which is designed t

Published 25 Feb, 2013 09:04pm

Top News

Shell seeks bids for crude oil flows on reversed Ho-Ho pipeline

NEW YORK: Shell Pipeline Co said on Monday it has begun soliciting bids from shippers for crude oil transport on a rev

Published 25 Feb, 2013 08:55pm

Markets

Rosneft oil tender thins ahead of deal with traders

LONDON: Russia's Rosneft plans to cut volumes of crude it sells through its biggest six-month tender by almost a third

Published 25 Feb, 2013 08:53pm

Markets

Mexico shares touch 2013 intraday low on weak earnings

MEXICO CITY: Mexico's IPC stock index on Monday reached its intraday low for this year, as ongoing fallout from weaker

Published 25 Feb, 2013 08:52pm

Business & Finance

UK banks shrug off sovereign credit downgrade

LONDON: The borrowing costs of part-nationalised British banks were unaffected on Monday by Britain's loss of a triple

Published 25 Feb, 2013 08:49pm

Markets

Oil up as Chinese imports rise, Italian election eyed

NEW YORK: Brent crude rose on Monday after official Chinese data showed strong demand in the world's second-largest oi

Published 25 Feb, 2013 08:41pm

Business & Finance

Brazil's c.bank chief says will react to forex disruptions

NEW YORK: Brazilian central bank chief Alexandre Tombini said on Monday that the bank will react to disruptions in for

Published 25 Feb, 2013 08:38pm

Business & Finance

Barclays, RBS making plans to boost capital

LONDON: Barclays and Royal Bank of Scotland are planning to raise more capital via bonds that convert into shares in t

Published 25 Feb, 2013 08:36pm

Top News

Head of Morgan Stanley's fund-of-funds moving to Carlyle

NEW YORK: The head of Morgan Stanley's fund-of-hedge-funds business, Jacques Chappuis, will leave the firm in May and

Published 25 Feb, 2013 08:35pm

Markets

European vegoils ease with CBOT on Argentine rain

ROTTERDAM: Liquid oils on the European vegetable oil market dipped on Monday with CBOT soycomplex futures as some rain

Published 25 Feb, 2013 08:29pm

Business & Finance

HP sells webOS operating system to LG Electronics

SAN FRANCISCO: Hewlett-Packard Co said on Monday it will sell the webOS operating system to South Korea's LG Electroni

Published 25 Feb, 2013 08:26pm

Markets

ICE sugar, arabica coffee pare earlier gains, cocoa rises

NEW YORK/LONDON: ICE raw sugar futures fell on Monday, after earlier trading higher, as a global supply glut pressured

Published 25 Feb, 2013 08:24pm

Business & Finance

TD Bank shares rise as Citizens takeover seen less likely

TORONTO: Shares of Toronto-Dominion Bank rose to their highest level in nearly two years on Monday as reports that Roy

Published 25 Feb, 2013 08:23pm

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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