AGL 38.30 Increased By ▲ 0.08 (0.21%)
AIRLINK 133.25 Increased By ▲ 4.28 (3.32%)
BOP 8.85 Increased By ▲ 1.00 (12.74%)
CNERGY 4.68 Increased By ▲ 0.02 (0.43%)
DCL 8.64 Increased By ▲ 0.32 (3.85%)
DFML 39.70 Increased By ▲ 0.76 (1.95%)
DGKC 85.38 Increased By ▲ 3.44 (4.2%)
FCCL 34.84 Increased By ▲ 1.42 (4.25%)
FFBL 75.55 Decreased By ▼ -0.16 (-0.21%)
FFL 12.84 Increased By ▲ 0.02 (0.16%)
HUBC 109.80 Decreased By ▼ -0.56 (-0.51%)
HUMNL 14.14 Increased By ▲ 0.13 (0.93%)
KEL 5.40 Increased By ▲ 0.25 (4.85%)
KOSM 7.76 Increased By ▲ 0.09 (1.17%)
MLCF 41.20 Increased By ▲ 1.40 (3.52%)
NBP 70.05 Decreased By ▼ -2.27 (-3.14%)
OGDC 194.25 Increased By ▲ 5.96 (3.17%)
PAEL 26.20 Increased By ▲ 0.57 (2.22%)
PIBTL 7.39 Increased By ▲ 0.02 (0.27%)
PPL 163.85 Increased By ▲ 11.18 (7.32%)
PRL 26.39 Increased By ▲ 1.00 (3.94%)
PTC 19.47 Increased By ▲ 1.77 (10%)
SEARL 84.60 Increased By ▲ 2.18 (2.64%)
TELE 8.00 Increased By ▲ 0.41 (5.4%)
TOMCL 34.00 Increased By ▲ 1.43 (4.39%)
TPLP 8.73 Increased By ▲ 0.31 (3.68%)
TREET 17.15 Increased By ▲ 0.37 (2.21%)
TRG 60.70 Increased By ▲ 4.66 (8.32%)
UNITY 29.00 Increased By ▲ 0.22 (0.76%)
WTL 1.36 Increased By ▲ 0.01 (0.74%)
BR100 10,786 Increased By 127.6 (1.2%)
BR30 32,266 Increased By 934.6 (2.98%)
KSE100 100,083 Increased By 813.5 (0.82%)
KSE30 31,193 Increased By 160.9 (0.52%)

US-listed shares of foreign companies fell on Friday, led by losses in Asian companies, and were on track for almost a 3 percent decline for the week. Bearish sentiment prevailed across the board after a much weaker-than-expected US May payrolls report. The Dow industrials turned negative for the year and the S&P 500 was on track to close at its lowest since early January.
The benchmark traded below its 200-day average for the first time in 2012. The BNY Mellon index of leading American depository receipts fell 1.8 percent, while the Standard & Poor's 500 index lost 2.4 percent. The BNY Mellon index of leading Asian ADRs lost 2.2 percent. In Japan, the Nikkei average slid to mark its ninth straight week of losses, the longest such run in 20 years, after disappointing Chinese and US data deepened fears of a global slowdown in the throes of Europe's debt crisis.
Japanese exporters were hurt by the double whammy of data suggesting slowing demand for their products and a strong yen, which rocketed to an 11-1/2 year high against the euro and stayed firm against the dollar as investors flocked to buy the safe-haven currency. US-listed shares of Toyota Motor lost 2.7 percent to $74.79, and Canon Inc fell 4.3 percent to $38.20. The BNY Mellon index of leading European ADRs fell 1.6 percent and the BNY Mellon index of leading Latin American ADRs fell 2.2 percent.

Copyright Reuters, 2012

Comments

Comments are closed.