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Eurozone stocks scale record peaks as ECB sits tight on rates

LONDON: French and German stock markets hit record peaks Thursday with the euro weakened by dimmed expectations of ...

Published 18 Nov, 2021 05:59pm

Stocks

European stocks mostly rise; London hit by strong pound

LONDON: European equities mostly firmed Wednesday but London fell on the strong pound, as spiking UK inflation...

Published 17 Nov, 2021 05:48pm

Stocks

Biden-Xi talks lift stocks ahead of US retail data

LONDON: Global stock markets marched on towards new peaks after U.S. President Joe Biden and Chinese leader Xi...

Published 16 Nov, 2021 06:21pm

Stocks

Sterling keeps FTSE 100 under pressure, Vodafone surges on annual forecast

London's FTSE 100 turned lower on Tuesday as a stronger pound hit the shares of dollar earners, while upbeat ...

Published 16 Nov, 2021 04:50pm

Stocks

Oil stocks power Europe's STOXX 600 to record highs

European shares hit another record peak on Monday as Royal Dutch Shell led energy stocks higher after saying it ...

Updated 15 Nov, 2021 04:10pm

Europe Equity

London's FTSE 100 edges lower as miners offset Shell gains

UK's FTSE 100 slipped on Monday, as miners struggled due to global moves to reduce coal use and a big drop in ...

Updated 15 Nov, 2021 03:15pm

Stocks

Stocks mostly rise as Fed to begin tapering but BoE holds fire

LONDON: Global stock markets mostly rose Thursday, a day after the Federal Reserve said it would start "tapering" ...

Published 04 Nov, 2021 07:06pm

Stocks

World stocks advance on Fed taper plan, ahead of BoE

LONDON: Global stock markets advanced Thursday after the Federal Reserve said it would this month start tapering its...

Published 04 Nov, 2021 04:32pm

Stocks

Stocks steady before Fed decision on stimulus

LONDON: Stock markets steadied and the dollar retreated Wednesday, with investors biding their time ahead of a...

Published 03 Nov, 2021 06:24pm

Financial

Coffee maker JDE Peet's IPO wrapped up in just 72 hours

 JDE Peet's, whose brands include Douwe Egberts, Peet's Coffee and Jacobs, is Europe's biggest initial public offeri

Published 29 May, 2020 05:48pm

Financial

Oil falls as surprise US stock build douses demand recovery hopes

 US West Texas Intermediate (WTI) crude futures were down 3pc, or 98 cents, at $31.83 a barrel at 0709 GMT. 
 The

Published 28 May, 2020 10:55am

Financial

Recovery hopes power UK stocks; easyJet jumps

 Low-cost airline easyJet Plc rose 4.3pc to the top of the FTSE 100 as it said it would cut up to 30pc of its staff

Published 28 May, 2020 10:50am

Financial

Russian stocks to recover after COVID-19 in 2020, hit record highs in 2021

 The MOEX rouble-denominated index is seen recovering to 2,900 by the end of this year, up 5.3pc from 2,754 on May 2

Published 28 May, 2020 10:35am

Financial

European shares extend gains on stimulus boost

 The pan-European STOXX 600 rose 0.6pc by 0718 GMT, with travel &amp; leisure, telecoms and automakers leading the g

Published 28 May, 2020 10:28am

Financial

Banks, automakers drive European stocks higher, EU recovery plan awaited

 The pan-European STOXX 600 rose 0.3pc, hovering near a 11-week high hit in the previous session, led by hard-hit ba

Published 27 May, 2020 11:09am

Financial

Equities rally as reopenings trump geopolitical tensions

 Adding to the broadly positive outlook is optimism about progress on a vaccine, which would allow the shattered glo

Published 26 May, 2020 11:40am

Financial

London stocks slide as retail sales crash, banks slump

The blue-chip FTSE 100 was down 1.8pc, with HSBC Plc and Standard Chartered Plc sliding 4.9pc and 3.6pc, respective

Published 22 May, 2020 11:04am

Financial

Banks, luxury stocks hammered as Chinese trade fears hit Europe

The pan-European STOXX 600 fell 1.4pc, with Asia-exposed stocks such as HSBC Holdings Plc tumbling 5pc and Prudenti

Published 22 May, 2020 09:40am

Financial

London stocks retreat as recovery hopes dim

Pets At Home declined 12.8pc to the bottom of the FTSE 250 after forecasting first-half pretax profit to be sharply

Published 21 May, 2020 11:59am

Financial

European shares pull back as recovery hopes fade

The pan-European STOXX 600 fell 1.0pc, retreating from its strongest close in three weeks, led by declines in trave

Published 21 May, 2020 11:35am

Financial

London stocks dip as pandemic damage grows

The blue-chip FTSE 100 was down 0.2pc, with the banking index tumbling 1.2pc on increased bets of negative interest

Published 20 May, 2020 09:20am

Financial

European shares unchanged amid doubts over COVID-19 vaccine

Still, a boost from healthcare stocks helped the pan-European STOXX 600 shed early losses, and the index was last t

Published 20 May, 2020 09:18am

Financial

Coffee maker JDE Peet's looks to wake up sleepy IPO market

Aims to list on Euronext Amsterdam, raising 700 mln euros Listing will be one of very few IPOs globally J

Published 19 May, 2020 01:56pm

Financial

European shares log worst week since mid-March

Miners jump after positive China data German economy suffers worst contraction since 2009 in Q1 Wirecard

Published 15 May, 2020 05:14pm

Financial

World stocks win a respite, oil prices highest in over a month

World shares up, but set for weekly drop Oil prices rally more than 3% German Q1 GDP falls 2.2% Q/Q

Published 15 May, 2020 01:22pm

Financial

London stocks rattled by Trump's China claim

Trump sharpening his rhetoric against China is unnerving investors, as his team look into retaliatory measures over

Published 01 May, 2020 01:39pm

Financial

Stocks surge on virus treatment hopes

US and European stocks both advanced after Gilead Science said that remdesivir, one of the most highly anticipated

Published 29 Apr, 2020 04:41pm

Financial

Stocks fall on worries over EU stimulus details, coronavirus drug

World stocks down 0.3% Investors looking for medical response to coronavirus Oil prices make tentative re

Published 24 Apr, 2020 12:41pm

Financial

European stocks fizz higher at open

In the eurozone, Frankfurt's DAX soared 2.9 percent to 10,596.28 points and the Paris CAC 40 rebounded 2.6 percent

Published 17 Apr, 2020 12:15pm

Financial

European equities rebound at open

London's benchmark FTSE 100 index of major blue-chip companies was up 1.0 percent to 5,653.72 points. In the e

Published 16 Apr, 2020 12:23pm

Financial

European shares slip as earnings underline coronavirus hit

French shares fell 1.8pc as France became the fourth country to report more than 15,000 deaths due to the coronavir

Published 15 Apr, 2020 01:25pm

Financial

European stocks sag at open

London's benchmark FTSE 100 index of major blue-chip companies fell 0.4 percent to 5,765.94 points compared with Tu

Published 15 Apr, 2020 11:01am

Financial

European stocks climb at open after Easter break

Paris and Milan rose 0.5 percent, while outside the eurozone London edged up 0.1 percent following Asian gains and

Published 14 Apr, 2020 10:38am

Financial

European stock markets rally in early trade

Frankfurt jumped 2.4 percent, Paris gained 1.9 percent, Milan won 2.0 percent and Madrid climbed 1.7 percent.

Published 09 Apr, 2020 11:25am

Financial

European stocks drop at open, as France in recession

The Paris CAC 40 index led the way with a loss of 1.6 percent, Frankfurt dropped 1.0 percent, Madrid shed 1.2 perce

Published 08 Apr, 2020 11:42am

Financial

European shares climb on signs of waning coronavirus cases

Lufthansa's shares jumped 8.1pc as another report said the company was working on a package to raise money from the

Published 07 Apr, 2020 01:42pm

Financial

UK shares rises as coronavirus-related deaths slow

The internationally focussed FTSE 100 gained 1.5pc, but underperformed its European peers, as exporters were pressu

Published 06 Apr, 2020 01:34pm

Financial

European shares jump as coronavirus deaths slow

Peugeot-owner PSA gained 8.7pc after announcing a further 3 billion euros ($3.3 billion) worth of loans on top of u

Published 06 Apr, 2020 01:19pm

Financial

European stocks rebound at open

London's benchmark FTSE 100 index of major blue-chip companies won 2.5 percent to 5,552.32 points compared with Fri

Published 06 Apr, 2020 10:37am

Financial

European stocks end lower as COVID-19 economic toll becomes clearer

The index fell about 0.6pc for the week. Still, it appeared to have gained a measure of stability after sharp daily

Published 03 Apr, 2020 04:26pm

Financial

Global equities attempt rebound from virus-fuelled losses

The European single currency meanwhile dipped versus the dollar. Equities were gripped Wednesday by a global r

Published 02 Apr, 2020 11:23am

Financial

European stock markets slide on Trump virus warning

In the eurozone meanwhile, Frankfurt's DAX slid 3.0 percent to 9,637.30 points and the Paris CAC 40 shed 3.1 percen

Published 01 Apr, 2020 10:59am

Financial

European stock markets extend gains

London jumped 2.4 percent, Frankfurt climbed 2.3 percent, Paris advanced 1.6 percent, Milan gained 1.9 percent and

Published 31 Mar, 2020 12:03pm

Financial

European stock markets extend losses in early deals

London slid 1.6 percent, Frankfurt lost 1.0 percent, Paris shed 1.9 percent, Milan tumbled 2.0 percent and Madrid r

Published 30 Mar, 2020 11:53am

Financial

European stock markets slide in early deals

"Stimulus efforts have calmed markets" this week, Wilson said, noting however that investors were likely looking to

Published 27 Mar, 2020 11:53am

Financial

Homebuilder, travel stocks halt FTSE 100's three-day surge

The FTSE 100 is on track for weekly gains not seen since the 2008, financial crisis as central banks and government

Published 27 Mar, 2020 11:52am

Financial

European shares retreat after biggest three-day surge ever

The pan-European STOXX 600 index was down -2.3pc at 1030 GMT, but still on course for one of its best weeks since t

Published 27 Mar, 2020 11:24am

Financial

European stocks back on retreat as virus impact grows

Italian and Spanish bourses fell between 0.7pc and 1.5pc as the number of fatalities from COVID-19 in Italy topped

Published 26 Mar, 2020 01:27pm

Financial

FTSE 100 retreats after strongest two-day surge ever

The US stimulus news is probably the last piece of good news markets will get for a little bit, as attention now pi

Published 26 Mar, 2020 12:58pm

Financial

FTSE 100 climbs 16pc from lows on stimulus effect

FTSE 100 up 4.5%, FTSE 250 gains 4.5% Travel food co SSP soars after launching huge cash call UK posts bi

Published 25 Mar, 2020 07:03pm

Financial

European stock markets extend recovery at open

At the open on Wednesday, Frankfurt jumped 3.7 percent, Paris won 3.1 percent, Milan gained 3.2 percent and Madrid

Published 25 Mar, 2020 01:37pm

Financial

London Stock Exchange allows delay in dividends due to coronavirus

From today the Exchange will permit a deferral period of up to 30 business days for payment of a dividend, but no m

Published 25 Mar, 2020 01:19pm

Financial

Surge for stocks fades despite huge US stimulus package

Elsewhere, the dollar was lower against main rivals and oil prices retreated. "So many people are being put ou

Published 25 Mar, 2020 01:05pm

Financial

European shares trudge higher as stimulus wave stems selloff

All the major country indexes rose in early trading, with Germany's DAX, Spain's IBEX and London's FTSE 100 adding

Published 24 Mar, 2020 12:22pm

Financial

UK shares join global rebound on stimulus measures

The FTSE 100 index rose 4.3pc, tracking strong gains in Asia, as investors cheered the US Federal Reserve's offer o

Published 24 Mar, 2020 11:23am

Financial

European stocks sink again as virus deaths mount

The benchmark STOXX 600 index was down 4.6pc as dramatic intervention by global policymakers could not stem the big

Published 23 Mar, 2020 11:02am

Financial

London stocks slide as lockdown hits

Investors took little comfort from a fresh round of stimulus announced of Friday that included the government payin

Published 23 Mar, 2020 10:50am

Financial

European stocks rise, but Wall Street slumps

Paris ended the day with a gain of five percent and Frankfurt nearly four percent. London's stock market won o

Published 20 Mar, 2020 05:45pm

Financial

European shares bounce for second day on stimulus hopes

Financials rose 3.9pc from a near 30-year low, with Allianz SE, Prudential Plc, ING Groep and Zurich Insurance Grou

Published 20 Mar, 2020 01:02pm

Financial

London stocks surge as more fiscal measures eyed

The FTSE 100 is trading about 30pc below its January peak, while the FTSE MID 250 is about 37pc its all-time high.

Published 20 Mar, 2020 12:27pm

Financial

European stock markets surge at open

"European markets traded higher again Friday as the first tentative signs of stabilisation are built," said Markets

Published 20 Mar, 2020 12:27pm

Financial

FTSE 100 rises after BoE's new rescue measures, midcaps stuck in the red

The central bank cut interest rates to 0.1%, its second emergency rate cut in just over a week, and promised 200 bi

Published 19 Mar, 2020 06:49pm

Financial

Stocks rebound as US makes economic moves against virus

The dollar bounced back from heavy losses against the euro on Monday, and oil prices, which had drifted below $30 p

Published 17 Mar, 2020 10:04pm

Financial

Italian stock exchange to open as usual on Monday

Under these measures, people are not allowed to enter or leave the Lombardy region. The restrictions also apply to

Published 08 Mar, 2020 10:36pm

Financial

Gulf bourses dive as coronavirus hits oil price

The crisis threatens to undercut Gulf economies, which are already battling a downturn and struggling to wean thems

Updated 04 Mar, 2020 10:34am

Financial

Coronavirus crash wipes $5 trillion off world stocks

MSCI ACWI down nearly 10%, S&P500 in correction in just 6 days US yield curve firmly inverted, investors f

Updated 28 Feb, 2020 10:57pm

Financial

European markets lose more than 3.0 percent on virus fears

In London, the FTSE index closed 3.3 percent lower, in Paris stocks were off by 3.9 percent. LONDON: European

Published 24 Feb, 2020 06:13pm

Financial

FTSE 100 rebounds as new virus cases drop, housebuilders jump

The blue-chip index added 0.9pc, with a sub-index of housebuilders hitting a record high. The FTSE 250 gained

Published 19 Feb, 2020 10:20am

Financial

European shares notch record high as investors shake off virus fears

The index had closed at its highest in over a decade on Tuesday, propelled by hopes of much-awaited consolidation a

Published 19 Feb, 2020 09:58am

Financial

European stock markets slide at open

In the eurozone, Frankfurt's DAX 30 index lost 0.8 percent to 13,667.80 points and the Paris CAC 40 retreated 0.7 p

Published 18 Feb, 2020 10:48am

Financial

FTSE 100 tumbles on HSBC cutbacks, Apple warning

The more domestically-focussed FTSE 250 also gave up 0.3pc but still fared better than its blue-chip counterpart.

Published 18 Feb, 2020 10:01am

Financial

European shares slump as Apple warning hammers tech sector

The technology-heavy German stock index plunged 0.7pc, while the European tech subindex fell 1pc. Apple's warn

Published 18 Feb, 2020 09:34am

Financial

Stocks rebound tracking virus fallout

After Wall Street's muddled performance on Friday and with US markets closed Monday for a holiday, traders turned t

Published 17 Feb, 2020 12:42pm

Financial

FTSE climbs after recording weekly loss

The FTSE 100 climbed 0.5pc, with all but two sectors in positive territory, while the midcap index rose 0.4pc by 08

Published 17 Feb, 2020 10:44am

Financial

European shares hit record high; carmakers cheer China stimulus

The pan-European STOXX 600 index rose 0.2pc by 0906 GMT, having touched a record high of 432.48 earlier in the day.

Published 17 Feb, 2020 10:31am

Financial

European stocks climb to record on hopes of limited coronavirus economic hit

Europe's broad Euro STOXX 600 hit a record high, gaining 0.1pc to mirror gains in Asia after a choppy start to the

Published 14 Feb, 2020 01:23pm

Financial

FTSE slips on poor earnings from AstraZeneca, RBS

The FTSE 100 index was 0.4pc lower by 0805 GMT and was set to end the week with a near 1pc fall, but the midcap bou

Published 14 Feb, 2020 11:20am

Financial

European shares steady as GDP numbers loom

The pan-European STOXX 600 index was largely unchanged by 0856 GMT, having briefly touched a record high of 431.51.

Published 14 Feb, 2020 10:36am

Financial

European shares falter as coronavirus toll in China jumps

The pan-European STOXX 600 index fell 0.4pc by 0803 GMT. The index had notched new highs in the last two sessi

Published 13 Feb, 2020 09:55am

Financial

European shares falter as virus toll in China surges; Nestle weighs

European sectors with heavy exposure to China, such as basic resources and automobile stocks fell 1.4pc and 1.2pc,

Published 13 Feb, 2020 09:34am

Financial

European shares edge up to record high as new coronavirus cases drop

The pan-European STOXX 600 index rose as much as 0.2pc to a second consecutive record high of 429.42. Basic re

Published 12 Feb, 2020 12:49pm

Financial

London stocks track global rally, TUI jumps

Airlines easyJet and British Airways-owner IAG also added roughly 3pc each and were among the biggest gainers on th

Published 11 Feb, 2020 11:26am

Financial

European stocks rally at open

In initial deals, London's benchmark FTSE 100 rose 1.0 percent to 7,523.57 points. In the eurozone, Frankfurt'

Published 11 Feb, 2020 10:57am

Financial

European stocks reach record highs on hopes virus is peaking

The pan-European STOXX 600 index rose as much as 0.7pc to a record high of 427.46 points. Japan's Nikkei was c

Published 11 Feb, 2020 10:44am

Financial

European shares edge lower amid coronavirus uncertainty

The pan-European STOXX 600 index fell 0.3pc by 0803 GMT, with the travel and leisure sector the biggest decliner.

Published 10 Feb, 2020 01:21pm

Financial

FTSE 100 falls as coronavirus declared imminent threat

The FTSE 100 index of blue-chip companies dipped 0.2pc and the midcap index was lower by 0804 GMT. But NMC Hea

Published 10 Feb, 2020 12:44pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 26	278.42
USD PKR Interbank Buying / Dec 26	278.27
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03
France CAC40 / Dec 24	7,282.69
India Sensex / Dec 26	78,475.29

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Karachi Cotton PKR/37.32 KG / Dec 26	17,785
Petrol/Litre / Dec 27	252.10

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Dec 27 Security Investment Bank Limited(SIBL)	7.85 ▲ 0.86 (12.30%)
Liven Pharma / Dec 27 Liven Pharma Limited(LIVEN)	124.41 ▲ 11.31 (10.00%)
Nimir Resins / Dec 27 Nimir Resins Limited(NRSL)	35.41 ▲ 3.22 (10.00%)
Suhail Jute / Dec 27 Suhail Jute Mills Limited(SUHJ)	108.97 ▲ 9.91 (10.00%)
Pak Paper Prod / Dec 27 Pakistan Paper Products Limited(PPP)	122.99 ▲ 10.37 (9.21%)
Data Agro / Dec 27 Data Agro Limited(DAAG)	145 ▲ 12.17 (9.16%)
First Imrooz Mod. / Dec 27 First Imrooz Modaraba(FIMM)	240 ▲ 20.00 (9.09%)
Chenab Ltd (Pref) / Dec 27 Chenab Limited (Pref)(CLCPS)	4.25 ▲ 0.35 (8.97%)
Popular Islamic / Dec 27 Popular Islamic Modaraba(PIM)	14.74 ▲ 1.20 (8.86%)

Stock	Price
Jauharabad Sug / Dec 26 Jauharabad Sugar Mills Limited(JSML)	23.10 ▼ -2.57 (-10.01%)
Mughal Energy / Dec 26 Mughal Energy Limited(GEM)(GEMMEL)	18.45 ▼ -2.05 (-10.00%)
Fateh Ind. / Dec 26 Fateh Industries Limited(FIL)	120.56 ▼ -13.38 (-9.99%)
Olympia Mills / Dec 26 Olympia Mills Limited(OML)	36.01 ▼ -3.99 (-9.98%)
Popular Islamic / Dec 26 Popular Islamic Modaraba(PIM)	13.54 ▼ -1.50 (-9.97%)
Arctic Textile / Dec 26 Arctic Textile Mills Limited(ARCTM)	21.60 ▼ -2.37 (-9.89%)
Power Cem(Pref) / Dec 26 Power Cement (Pref)(POWERPS)	12.25 ▼ -1.22 (-9.06%)
Sanghar Sugar / Dec 26 Sanghar Sugar Mills Limited(SANSM)	24 ▼ -2.33 (-8.85%)
Equity Modaraba / Dec 26 First Equity Modaraba(FEM)	3 ▼ -0.29 (-8.81%)

Stock	Volume
Fauji Foods Ltd / Dec 27 Fauji Foods Limited(FFL)	93,341,113 ▲ 0.35
WorldCall Telecom / Dec 27 Worldcall Telecom Limited(WTL)	49,879,145 ▲ 0.00
TRG Pak Ltd / Dec 27 TRG Pakistan Limited(TRG)	46,907,628 ▲ 0.85
B.O.Punjab / Dec 27 The Bank of Punjab(BOP)	30,318,392 ▲ 0.08
Hascol Petrol / Dec 27 Hascol Petroleum Limited(HASCOL)	22,947,833 ▲ 0.36
K-Electric Ltd. / Dec 27 K-Electric Limited(KEL)	22,753,854 ▲ 0.05
Silk Bank Ltd / Dec 27 Silkbank Limited(SILK)	16,349,091 ▼ -0.03
Fauji Cement / Dec 27 Fauji Cement Company Limited(FCCL)	16,189,868 ▼ -0.14
Cnergyico PK / Dec 27 Cnergyico PK Limited(CNERGY)	14,738,115 ▲ 0.06

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