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Stocks

KSE-100 closes above 50,000 after six years with massive 934-point gain

Across-the-board buying witnessed among index-heavy sectors

Updated 19 Oct, 2023 09:31pm

Managed Funds

Developer China Evergrande says debt level down to 570b yuan

The company had said early this month the debt level would drop below 600 billion yuan by the end of June

Published 29 Jun, 2021 10:40am

Managed Funds

Turkish budget surplus 23.17bn lira in Feb

The primary balance, which excludes interest payments, showed a surplus of 35.93 billion lira in February, the data showed.

Published 15 Mar, 2021 02:18pm

Managed Funds

South Africa's Absa holds off on dividend, reports 58% profit drop

This was driven by a 163% increase in credit impairments, which hit 20.6 billion rand.

Published 15 Mar, 2021 11:41am

Managed Funds

Australia gets a $156bn pension merger as new laws spur consolidation

The statement said Luke will become chair of the merged fund.

Published 15 Mar, 2021 11:39am

Managed Funds

Hong Kong plans lower budget deficit as economy expected to recover

Gross domestic product (GDP) shrank 6.1% in 2020, its worst annual performance on record since 1962.

Published 24 Feb, 2021 02:57pm

Managed Funds

Spectre of inflation rears its head over stock markets

"Inflation potential can only come if there is an issue in terms of resources, in particular if there is more or less full employment and that something we are not seeing right now," Blanco explained.

Updated 24 Feb, 2021 05:52pm

Managed Funds

US Treasury's Yellen discusses boosting cooperation in call with EU executive

Yellen committed to re-engaging in discussions on international taxation to forge a timely international accord, and to seek solutions to key bilateral trade issues, it said.

Published 17 Feb, 2021 02:44pm

Managed Funds

Indonesia to give tax incentives for sales of some cars

The automakers association Gaikindo had previously been pushing the government for months for tax breaks to entice buyers.

Published 12 Feb, 2021 10:52am

Managed Funds

China Jan new bank loans rise to 3.58 trln yuan, beat forecast

Analysts polled by Reuters had predicted new yuan loans would jump to 3.5 trillion yuan in January, up from 1.26 trillion yuan in the previous month and 3.34 trillion yuan a year earlier.

Published 09 Feb, 2021 01:26pm

Managed Funds

Fitch retains Japan credit rating with negative outlook

Fitch said it assumed yields will stay low over the next few years given continued money printing by the Bank of Japan, despite the risk of high debt, leaving the economy vulnerable to future tightening of financial conditions.

Published 08 Feb, 2021 01:14pm

Managed Funds

Alibaba sets initial price guidance on $5bn bond offering

It is selling the debt in four tranches which also includes 30 and 40-year bonds, the term sheet showed.

Published 04 Feb, 2021 11:36am

Managed Funds

US Treasury says more time needed to decide on Trump tax returns

House Democrats have been examining whether Trump's business dealings involved money laundering or left him vulnerable to foreign influence.

Published 04 Feb, 2021 10:55am

Managed Funds

China's short-term money rates fall to 2-week low as PBOC injects liquidity

Yuan borrowing also declined in Hong Kong. The CNH Hong Kong Interbank Offered Rate benchmark (CNH HIBOR) for overnight tenor fell to 2.34183%, down from 3.64591% on Monday.

Published 02 Feb, 2021 01:01pm

Managed Funds

China's seven-day repo hits near six-year high despite PBOC cash injection

Seven-day reverse repo rate, one of the PBOC's main policy rates, now stands at 2.2%.

Published 01 Feb, 2021 11:28am

Managed Funds

Vietnam says January FDI inflows up 4.1% y/y to $1.51bn

FDI pledges - which indicate the size of future FDI disbursements.

Published 28 Jan, 2021 11:52am

Managed Funds

China 2020 fiscal spending up 2.8% y/y, revenues fall 3.9%

The ratio of 2020 government debt to GDP stood at 45.8%.

Published 28 Jan, 2021 10:38am

Managed Funds

China short-term rate hits near 6-yr high on holiday demand, policy tightening worries

However, the state-run Securities Times in a front-page commentary urged investors not to over-exaggerate the impact of the central bank's short-term liquidity operations on stock and bond markets.

Published 27 Jan, 2021 01:26pm

Managed Funds

South Africa's Life Healthcare sees first quarter revenue up 5%

It did not disclose the expected change in net profit or revenue.

Published 27 Jan, 2021 12:53pm

Managed Funds

China's benchmark overnight repo rate jumps to highest since Nov 2019

The volume-weighted average of the overnight repo, considered one of the best indicators of general liquidity in China, jumped to 2.6890%, the highest since Nov. 18, 2019. The rate closed at 2.4955% on Monday.

Published 26 Jan, 2021 12:17pm

Managed Funds

Indonesia raises economic recovery budget to $39bn

At the same forum, Febrio Kacaribu, a finance ministry official, estimated the fiscal deficit for 2021 would be 5.7% of gross domestic product, unchanged from the ministry's previous outlook.

Published 26 Jan, 2021 10:38am

Managed Funds

US-China investments dwarf official figures

In office less than a week, Biden's foreign-policy and trade teams have inherited a series of hardline policies put in place by the administration of former US President Donald Trump.

Published 26 Jan, 2021 10:28am

Managed Funds

Thailand to sell $2bn savings bonds to finance stimulus measures

All of the debt is under a 1 trillion Thai baht ($33.37 billion) borrowing plan announced last year in response to the pandemic.

Published 25 Jan, 2021 12:42pm

Managed Funds

JGB yields rise after inflation expectations lift U.S. Treasury yields

The tenders were 4.78 times oversubscribed, compared with 3.59 times last time.

Published 22 Jan, 2021 10:52am

Managed Funds

Italian yields rise to seven-week high as ECB brings PEPP into focus

At its policy meeting, the ECB kept its deposit rate unchanged at -0.5% and maintained the overall quota for bond purchases under the Pandemic Emergency Purchase Programme (PEPP) at 1.85 trillion euros, as expected.

Published 21 Jan, 2021 09:39pm

Managed Funds

Italian bond yields drop to 1-week low after confidence vote win

Analysts suggested that may have also played a role in pulling down Italian borrowing costs from last week's highs.

Published 20 Jan, 2021 03:14pm

Managed Funds

Foreign holdings of Treasuries drop for 4th month in October

Foreign investors held $7.053 trillion in Treasuries in November, down from $7.068 trillion the previous month.

Published 20 Jan, 2021 10:21am

Managed Funds

Bahrain hires banks for multi-tranche dollar bonds

An issuance comprising benchmark tranches of seven years, 12 years and/or 30 years will follow.

Published 19 Jan, 2021 02:45pm

Managed Funds

JGBs firm as investors price in auction results, Biden's stimulus proposal

The 10-year JGB yield fell 0.5 basis point to 0.025%, while the 20-year JGB yield was flat at 0.410%.

Updated 15 Jan, 2021 03:17pm

Managed Funds

Italian bond yields dip but set for biggest weekly rise since Oct

But the spread, effectively the risk premium Italy pays on its debt, is up over 10 bps this week.

Published 15 Jan, 2021 02:18pm

Managed Funds

US Treasury overhauls stake in Fannie, Freddie with eye towards government exit

Government officials also acknowledged that a number of complicated issues must still be resolved by the incoming Biden administration.

Published 15 Jan, 2021 12:29pm

Managed Funds

Australian govt to sell new 2032 bond line by syndication

Issuance via tender would be at a rate of A$2 billion to A$3 billion in most weeks. No other new bond line would be sold this fiscal year.

Published 15 Jan, 2021 11:48am

Managed Funds

German bond yields dip again over Italian political chaos

The moves on German Bunds run counter to other major government bonds around the world, where yields have been pushed up by the promise of a big stimulus package from US President-elect Joe Biden.

Published 14 Jan, 2021 02:23pm

Managed Funds

Allianz announces medium-term green targets for some investments

The 25% reduction by 2025 affects equities and corporate bonds and is based on investment levels from 2019.

Published 14 Jan, 2021 02:22pm

Managed Funds

Some JGB yields rise ahead of Powell speech, US stimulus details

The 10-year JGB yield was flat at 0.025%. The 20-year JGB yield was flat at 0.405%.

Published 14 Jan, 2021 10:43am

Managed Funds

Italian government bond yields fall amid political uncertainty

Other European government bond yields were also lower, but the drop was more moderate, with peripheral countries roughly in line with the core, tracking U.S. Treasuries.

Published 14 Jan, 2021 12:38am

Managed Funds

Ireland set to receive 1bn euros from EU Brexit fund

The first 4.2 billion of the 5.4 billion euro fund is due to be distributed this year and Ireland will receive 25%, subject to approval by EU heads of state and the European Parliament, Coveney said in a Twitter post.

Published 13 Jan, 2021 12:25pm

Managed Funds

Italian bond yields jump on political uncertainty, 5-year yields turn positive

Italia Viva could bring down Conte's government and unleash political chaos as Italy struggles to contain the COVID-19 pandemic.

Published 13 Jan, 2021 12:07am

Managed Funds

U.S. yields climb further, Brent at 11-month high

The 10-year U.S. yield touched its highest going back to March as prices were pressured ahead of a $38 billion offering later from the Treasury.

Published 13 Jan, 2021 12:00am

Managed Funds

Euro zone bond yields rise on US reflation trade

Italy's benchmark 10-year bond yield was up 2 basis points at 0.563%. Outperforming Portuguese and Spanish yields were up 1.5 to 2 basis points.

Published 12 Jan, 2021 02:22pm

Managed Funds

Alibaba plans $5bn bond this month amid regulatory scrutiny

Depending on investor response, proceeds could reach $8 billion which the e-commerce leader is likely to use for general corporate expenditure, one of the people said.

Published 06 Jan, 2021 01:12pm

Managed Funds

Long-term JGB yields track Treasuries higher on recovery hopes

US manufacturing activity rose in December to the highest since August 2018, data released on Tuesday showed, which gave yields a boost.

Published 06 Jan, 2021 01:03pm

Managed Funds

Nigeria to repay $500mn Eurobond, eyes debt market

The West African country held its last Eurobond sale in 2018, its sixth such issue, where it raised $2.86 billion.

Published 06 Jan, 2021 12:20pm

Managed Funds

Slovakia to auction four bonds in January

ARDAL said in December Slovakia's gross funding needs would ease in 2021 to 10.4 billion euros, from around 12 billion in 2020.

Published 05 Jan, 2021 01:03pm

Managed Funds

JGBs gain on imminent COVID-19 state of emergency in Tokyo

The 10-year JGB yield fell 1 basis point to 0.010% while the 20-year yield dropped as much to 0.390%.

Published 05 Jan, 2021 01:01pm

Managed Funds

Oman expects public debt to top $56 billion by end-2021

That would mean a rise of about 23% since end-2019, when the figure stood at 17.6 billion, according to a government bond prospectus.

Published 03 Jan, 2021 02:12pm

Managed Funds

Last day of 2020 trading sees yields dip, curve flatten

Yields on long-dated Treasury bonds fell despite an unexpected drop in unemployment claims for a second straight week.

Published 01 Jan, 2021 12:54am

Managed Funds

U.S. Treasury yields 2020 drop makes way for slow grind back in 2021

Prices for gold, which often struggles to compete with yield-bearing investments, are up about 24% year-to-date, its best year in a decade.

Published 31 Dec, 2020 03:55am

Managed Funds

JGB yields drift higher after weak BOJ buying operation

Yields were also supported by a sense of relief after Britain and the European Union agreed a free trade deal, averting economic turmoil at the year's end - the deadline for Brexit.

Published 26 Dec, 2020 12:38am

Managed Funds

Yields jump as Brexit deal seen near, curve steepest since 2017

The yield curve between two-year and 10-year yields steepened to 85 basis points, the widest spread since October 2017.

Published 24 Dec, 2020 03:15am

Managed Funds

Euro zone government bond yields edge up, focus on stimulus

U.S. lawmakers from both parties said COVID-19's worsening toll meant that failure to agree on a new round of aid was no longer an option.

Published 18 Dec, 2020 02:59pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 13	277.93
USD PKR Interbank Buying / Nov 13	277.83
USD to Japanese Yen / Nov 13	154.04
USD to Swiss Franc / Nov 13	0.89
Pound Sterling to USD / Nov 13	1.27
Euro to USD / Nov 13	1.05

Stock	Volume
S&P 500 / Nov 13	5,985.38
India Sensex / Nov 13	77,690.95
Tokyo Nikkei / Nov 13	38,749.93
Nasdaq / Nov 13	19,230.72
Hang Seng / Nov 13	19,649.91
FTSE 100 / Nov 13	8,030.33
Dow Jones / Nov 13	43,958.19
Germany DAX 30 / Nov 13	19,003.11

Item	Value
Gold 10 Grams PKR / Nov 12	231,911
Crude Oil USD/Barrel / Nov 13	68.13
Karachi Cotton PKR/37.32 KG / Nov 13	18,085
Gold Spot USD/Ounce / Nov 13	2,561.88
Cotton US¢/pound / Nov 13	71.16
Petrol/Litre / Nov 14	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 14 786 Investments Limited(786)	6.49 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 14 Al-Abbas Sugar Mills Limited(AABS)	599.28 ▼ 0.00 (0.00%)
Agro Allianz / Nov 14 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 14 Ali Asghar Textile Mills Limited(AATM)	62.51 ▼ 0.00 (0.00%)
Allied Bank / Nov 14 Allied Bank Limited(ABL)	114.80 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 14 Abbott Laboratories (Pakistan) Limited(ABOT)	1,019.78 ▼ 0.00 (0.00%)
Abson Ind. / Nov 14 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 14 Alfalah Consumer Index ETF.(ACIETF)	12.25 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 14 786 Investments Limited(786)	6.49 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 14 Al-Abbas Sugar Mills Limited(AABS)	599.28 ▲ 0.00 (0.00%)
Agro Allianz / Nov 14 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 14 Ali Asghar Textile Mills Limited(AATM)	62.51 ▲ 0.00 (0.00%)
Allied Bank / Nov 14 Allied Bank Limited(ABL)	114.80 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 14 Abbott Laboratories (Pakistan) Limited(ABOT)	1,019.78 ▲ 0.00 (0.00%)
Abson Ind. / Nov 14 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 14 Alfalah Consumer Index ETF.(ACIETF)	12.25 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 14 Worldcall Telecom Limited(WTL)	43,291,848 ▲ 0.00
Waves Home Appliances / Nov 14 Waves Home Appliances Limited(WAVESAPP)	33,201,636 ▲ 0.00
Pak Refinery / Nov 14 Pakistan Refinery Limited(PRL)	31,524,926 ▲ 0.00
K-Electric Ltd. / Nov 14 K-Electric Limited(KEL)	27,455,465 ▲ 0.00
Pak Elektron / Nov 14 Pak Elektron Limited(PAEL)	26,996,630 ▲ 0.00
Sui South Gas / Nov 14 Sui Southern Gas Company Limited(SSGC)	26,013,918 ▲ 0.00
The Searle Co. / Nov 14 The Searle Company Limited(SEARL)	25,704,933 ▲ 0.00
Pak Int.Bulk / Nov 14 Pakistan International Bulk Terminal(PIBTL)	23,694,836 ▲ 0.00
Secure Logistics / Nov 14 Secure Logistics Group Limited(SLGL)	23,623,241 ▲ 0.00

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