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Europe

S&P upgrades Turkiye’s credit rating to BB-

WASHINGTON: Standard and Poor’s upgraded Turkiye’s long-term sovereign credit rating on Friday from B+ to BB-, with...

Published 02 Nov, 2024 10:22am

Money & Banking

UBL submits merger offer to Silkbank

KARACHI: The United Bank Limited (UBL) has formally submitted an offer to Silkbank Limited for the amalgamation of...

Published 02 Nov, 2024 06:15am

Money & Banking

Dollar pares gains after weak US jobs data

NEW YORK: The dollar pared gains against the euro on Friday after data showed US job growth slowed sharply in ...

Published 02 Nov, 2024 06:15am

Money & Banking

Asian FX inch lower

BENGALURU: Trading was cautious in most Asian currencies on Friday, while equities fell, ahead of a closely ...

Published 02 Nov, 2024 06:15am

Money & Banking

National Saving Schemes: CDNS revises rates of return downwards

Changes take effect from November 4, 2024 onward

Updated 01 Nov, 2024 10:57pm

USA

Fed seen on track for 25-basis-point rate cuts next week and in December

Federal Reserve policymakers look all but certain to reduce short-term borrowing costs by a modest quarter of a...

Published 01 Nov, 2024 09:03pm

Money & Banking

UBL submits merger offer to Silkbank

Proposes share swap for amalgamation

Updated 01 Nov, 2024 11:01pm

Money & Banking

Russian rouble flat

MOSCOW: The Russian rouble was flat against the US dollar and the Chinese yuan on Thursday as the central bank’s...

Published 01 Nov, 2024 08:34am

Financial

Saudi Arabia’s PIF signs MoUs worth up to $51bn with Japanese banks

DUBAI: Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has signed five Memorandums of...

Published 31 Oct, 2024 08:04pm

Money & Banking

Dollar eases after US data

NEW YORK: The dollar eased broadly on Thursday after US data suggested upward price pressures continue to ease,...

Published 01 Nov, 2024 06:51am

Money & Banking

Asian currencies: Singapore dollar, ringgit to post worst monthly drop in 8 years

BENGALURU: Emerging Asian currencies are set to post significant monthly declines on Thursday, as tempered Federal...

Published 01 Nov, 2024 06:51am

USA

Fed seen cutting policy rate by 25 bps in Nov, Dec

Federal Reserve policymakers are very likely to go ahead with cutting short-term U.S. borrowing costs by a quarter...

Published 31 Oct, 2024 07:47pm

Money & Banking

A new record set: MTBs: investors place bids worth over Rs2trn

KARACHI: The auction for short-term bonds received record over Rs 2 trillion bids on higher liquidity. Investors...

Updated 31 Oct, 2024 09:17am

Money & Banking

BOP announces remarkable growth of 58pc in PBT in 9M24

LAHORE: The Board of Directors of The Bank of Punjab convened on Wednesday, to review and approve the unaudited...

Updated 31 Oct, 2024 07:29am

Money & Banking

Dollar down against major currencies

NEW YORK: The dollar edged down against other major currencies on Wednesday, as stronger-than-expected US jobs data...

Published 31 Oct, 2024 06:18am

Money & Banking

China’s yuan eases

HONG KONG: China’s yuan weakened further on Wednesday against the US dollar, which hovered near a three-month peak...

Published 31 Oct, 2024 06:18am

Money & Banking

Asian currencies: Malaysian ringgit fall, peso inches higher

BENGALURU: Stocks in Singapore and South Korea led declines among Asian equities on Wednesday, with investors...

Published 31 Oct, 2024 06:18am

Money & Banking

9 months ended Sept 30th: ABL’s profit after tax grows 25pc

KARACHI: Allied Bank Limited’s steadfast commitment to providing world class, digitally integrated solutions for...

Published 31 Oct, 2024 06:18am

Money & Banking

Bank Alfalah launches its flagship new Alfa App

KARACHI: Bank Alfalah, a leading commercial bank in Pakistan and the incumbent Best Bank for Digital Banking,...

Published 30 Oct, 2024 06:32am

Money & Banking

India rupee little changed

MUMBAI: The Indian rupee ended little changed on Tuesday, despite a broad-based decline in Asian currencies, on...

Published 30 Oct, 2024 06:32am

Money & Banking

US dollar hit three-month highs against yen

NEW YORK: The dollar hit three-month highs against the yen on Tuesday, but was little changed on the day against ...

Published 30 Oct, 2024 06:32am

Money & Banking

Asian currencies: Indonesian rupiah leads losses among Asian FX

BENGALURU: Most emerging Asian stocks fell while the Indonesian rupiah and the Malaysian ringgit led the decline in...

Published 30 Oct, 2024 06:32am

Money & Banking

China’s yuan down against dollar

SHANGHAI: China’s yuan weakened on Monday to a more than two-month low against the dollar, underpinned by signs of...

Published 29 Oct, 2024 03:27am

Money & Banking

Yen under pressure after Japan election

NEW YORK: The yen hit three-month lows against the dollar on Monday, as Japan’s ruling coalition’s election loss...

Published 29 Oct, 2024 03:27am

Money & Banking

Asian currencies: Indonesian rupiah, ringgit fall

BENGALURU: The Indonesian rupiah and Malaysian ringgit fell to multi-week lows among subdued Asian currencies on...

Published 29 Oct, 2024 03:27am

Money & Banking

Bank Alfalah launching revamped Alfa App today

KARACHI: Pakistani banks are significantly investing in digitalization to transform banking accessibility and ...

Published 29 Oct, 2024 03:27am

Money & Banking

No urgency for ECB to speed up policy easing, Wunsch says

There is no urgency for the European Central Bank to cut interest rates quicker and it could even live with a small,...

Published 28 Oct, 2024 11:29am

Financial

Abu Dhabi’s Mubadala picks banks for debut 5-year sukuk sale

Abu Dhabi sovereign wealth fund Mubadala Investment Company has hired banks to arrange investor meetings ahead of...

Published 28 Oct, 2024 11:23am

Financial

India bond yields may inch up tracking US peers

MUMBAI: Indian government bond yields are expected to move slightly higher at the start of this week on Monday,...

Published 28 Oct, 2024 09:42am

Money & Banking

Most Latam FX fall

BRASILIA: Most Latin American currencies slipped after rising in the last session on Friday, capping of a week of...

Published 28 Oct, 2024 06:21am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 1	277.78
USD PKR Interbank Buying / Nov 1	277.68
USD to Japanese Yen / Nov 1	153.01
USD to Swiss Franc / Nov 1	0.87
Pound Sterling to USD / Nov 1	1.29
Euro to USD / Nov 1	1.08

Stock	Volume
S&P 500 / Nov 1	5,728.80
India Sensex / Nov 1	79,724.12
Tokyo Nikkei / Nov 1	38,053.67
Nasdaq / Nov 1	18,239.92
Hang Seng / Nov 1	20,506.43
FTSE 100 / Nov 1	8,177.15
Dow Jones / Nov 1	42,052.19
Germany DAX 30 / Nov 1	19,254.97

Item	Value
Crude Oil USD/Barrel / Nov 1	69.49
Karachi Cotton PKR/37.32 KG / Nov 1	18,085
Gold 10 Grams PKR / Nov 1	244,084
Gold Spot USD/Ounce / Nov 1	2,736.53
Cotton US¢/pound / Nov 1	70.17
Petrol/Litre / Nov 2	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 2 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Nov 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Nov 2 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Nov 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 2 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Nov 2 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Nov 2 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Nov 2 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Nov 2 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Nov 2 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Nov 2 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Nov 2 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Nov 2 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Nov 2 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Nov 2 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Nov 2 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Nov 2 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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