NEW YORK: Billionaire Elon Musk said on Sunday the Federal Reserve needs to cut interest rates and that it was foolish for the US central bank not to have done so already.
Musk’s comment, which was made in response to a post on the social media site X, followed a run of weak data last week that has sparked worries the Fed may have left interest rates elevated for too long, resulting in damage to the economy.
| Currency | Rate |
|---|---|
|
USD PKR Interbank Selling
/ Nov 21
|
278.03
|
|
USD PKR Interbank Buying
/ Nov 21
|
277.78
|
|
USD to Japanese Yen
/ Nov 21
|
154.92
|
|
USD to Swiss Franc
/ Nov 21
|
0.88
|
|
Pound Sterling to USD
/ Nov 21
|
1.26
|
|
Euro to USD
/ Nov 21
|
1.05
|
| Stock | Volume |
|---|---|
|
S&P 500
/ Nov 20
|
5,917.11
|
|
Nasdaq
/ Nov 20
|
18,966.14
|
|
Dow Jones
/ Nov 20
|
43,408.47
|
|
India Sensex
/ Nov 21
|
77,137.20
|
|
Tokyo Nikkei
/ Nov 21
|
38,026.17
|
|
Hang Seng
/ Nov 21
|
19,620.49
|
|
FTSE 100
/ Nov 21
|
8,069.57
|
|
Germany DAX 30
/ Nov 21
|
18,942.65
|
| Item | Value |
|---|---|
|
Crude Oil USD/Barrel
/ Nov 21
|
69.38
|
|
Karachi Cotton PKR/37.32 KG
/ Nov 21
|
17,785
|
|
Gold 10 Grams PKR
/ Nov 21
|
238,340
|
|
Gold Spot USD/Ounce
/ Nov 21
|
2,662.71
|
|
Cotton US¢/pound
/ Nov 21
|
70.60
|
|
Petrol/Litre
/ Nov 22
|
248.38
|
| Stock | Price |
|---|---|
|
786 Invest Ltd
/ Nov 22
786 Investments Limited(786)
|
7.11
▼ 0.00
(0.00%)
|
|
AL-Abbas Sugar
/ Nov 22
Al-Abbas Sugar Mills Limited(AABS)
|
611.40
▼ 0.00
(0.00%)
|
|
Agro Allianz
/ Nov 22
Agro Allianz Limited(AAL)
|
16
▼ 0.00
(0.00%)
|
|
AL-Abid Silk
/ Nov 22
Al-Abid Silk Mills Limited(AASM)
|
3.49
▼ 0.00
(0.00%)
|
|
Ali Asghar
/ Nov 22
Ali Asghar Textile Mills Limited(AATM)
|
63.60
▼ 0.00
(0.00%)
|
|
Allied Bank
/ Nov 22
Allied Bank Limited(ABL)
|
114.42
▼ 0.00
(0.00%)
|
|
Abbott Lab.
/ Nov 22
Abbott Laboratories (Pakistan) Limited(ABOT)
|
1,048.22
▼ 0.00
(0.00%)
|
|
Abson Ind.
/ Nov 22
Abson Industries Limited(ABSON)
|
2.50
▼ 0.00
(0.00%)
|
|
Alfalah ETF.
/ Nov 22
Alfalah Consumer Index ETF.(ACIETF)
|
12.32
▼ 0.00
(0.00%)
|
| Stock | Price |
|---|---|
|
786 Invest Ltd
/ Nov 22
786 Investments Limited(786)
|
7.11
▲ 0.00
(0.00%)
|
|
AL-Abbas Sugar
/ Nov 22
Al-Abbas Sugar Mills Limited(AABS)
|
611.40
▲ 0.00
(0.00%)
|
|
Agro Allianz
/ Nov 22
Agro Allianz Limited(AAL)
|
16
▲ 0.00
(0.00%)
|
|
AL-Abid Silk
/ Nov 22
Al-Abid Silk Mills Limited(AASM)
|
3.49
▲ 0.00
(0.00%)
|
|
Ali Asghar
/ Nov 22
Ali Asghar Textile Mills Limited(AATM)
|
63.60
▲ 0.00
(0.00%)
|
|
Allied Bank
/ Nov 22
Allied Bank Limited(ABL)
|
114.42
▲ 0.00
(0.00%)
|
|
Abbott Lab.
/ Nov 22
Abbott Laboratories (Pakistan) Limited(ABOT)
|
1,048.22
▲ 0.00
(0.00%)
|
|
Abson Ind.
/ Nov 22
Abson Industries Limited(ABSON)
|
2.50
▲ 0.00
(0.00%)
|
|
Alfalah ETF.
/ Nov 22
Alfalah Consumer Index ETF.(ACIETF)
|
12.32
▲ 0.00
(0.00%)
|
| Stock | Volume |
|---|---|
|
K-Electric Ltd.
/ Nov 22
K-Electric Limited(KEL)
|
174,389,145
▲ 0.00
|
|
Hascol Petrol
/ Nov 22
Hascol Petroleum Limited(HASCOL)
|
63,973,243
▲ 0.00
|
|
Kohinoor Spining
/ Nov 22
Kohinoor Spinning Mills Limited(KOSM)
|
62,996,737
▲ 0.00
|
|
Aisha Steel Mill
/ Nov 22
Aisha Steel Mills Limited(ASL)
|
48,137,561
▲ 0.00
|
|
Waves Home Appliances
/ Nov 22
Waves Home Appliances Limited(WAVESAPP)
|
43,506,391
▲ 0.00
|
|
Lotte Chemical
/ Nov 22
Lotte Chemical Pakistan Limited(LOTCHEM)
|
40,852,960
▲ 0.00
|
|
Telecard Limited
/ Nov 22
Telecard Limited(TELE)
|
36,937,252
▲ 0.00
|
|
Cnergyico PK
/ Nov 22
Cnergyico PK Limited(CNERGY)
|
31,401,025
▲ 0.00
|
|
WorldCall Telecom
/ Nov 22
Worldcall Telecom Limited(WTL)
|
31,346,592
▲ 0.00
|
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