Goldman Sachs cut its forecasts for European and UK equity benchmarks citing sluggish global growth, a stronger euro and weaker-than-expected commodity prices. Goldman reduced its 12-month target on the pan-European STOXX 600 index to 345 points from 380, a reduction of around 9 percent.
"Our 2016 EPS downgrade is a function of a weaker global outlook, a more Dovish Fed (stronger euro, lower risk-free rate) and weaker commodity prices than we forecast," Goldman wrote in a note.
| Currency | Rate |
|---|---|
|
USD PKR Interbank Selling
/ Nov 14
|
277.83
|
|
USD PKR Interbank Buying
/ Nov 14
|
277.63
|
|
USD to Japanese Yen
/ Nov 14
|
155.86
|
|
USD to Swiss Franc
/ Nov 14
|
0.89
|
|
Pound Sterling to USD
/ Nov 14
|
1.27
|
|
Euro to USD
/ Nov 14
|
1.06
|
| Stock | Volume |
|---|---|
|
S&P 500
/ Nov 13
|
5,985.38
|
|
Nasdaq
/ Nov 13
|
19,230.72
|
|
Dow Jones
/ Nov 13
|
43,958.19
|
|
India Sensex
/ Nov 14
|
77,517.41
|
|
Tokyo Nikkei
/ Nov 14
|
38,680.99
|
|
Hang Seng
/ Nov 14
|
19,503.42
|
|
FTSE 100
/ Nov 14
|
8,042.72
|
|
Germany DAX 30
/ Nov 14
|
19,122.26
|
| Item | Value |
|---|---|
|
Gold 10 Grams PKR
/ Nov 12
|
231,911
|
|
Karachi Cotton PKR/37.32 KG
/ Nov 13
|
18,085
|
|
Crude Oil USD/Barrel
/ Nov 14
|
67.97
|
|
Gold Spot USD/Ounce
/ Nov 14
|
2,558.37
|
|
Cotton US¢/pound
/ Nov 14
|
71.10
|
|
Petrol/Litre
/ Nov 15
|
248.38
|
| Stock | Price |
|---|---|
|
786 Invest Ltd
/ Nov 15
786 Investments Limited(786)
|
6.49
▼ 0.00
(0.00%)
|
|
AL-Abbas Sugar
/ Nov 15
Al-Abbas Sugar Mills Limited(AABS)
|
599.28
▼ 0.00
(0.00%)
|
|
Agro Allianz
/ Nov 15
Agro Allianz Limited(AAL)
|
16
▼ 0.00
(0.00%)
|
|
AL-Abid Silk
/ Nov 15
Al-Abid Silk Mills Limited(AASM)
|
3.49
▼ 0.00
(0.00%)
|
|
Ali Asghar
/ Nov 15
Ali Asghar Textile Mills Limited(AATM)
|
62.51
▼ 0.00
(0.00%)
|
|
Allied Bank
/ Nov 15
Allied Bank Limited(ABL)
|
114.80
▼ 0.00
(0.00%)
|
|
Abbott Lab.
/ Nov 15
Abbott Laboratories (Pakistan) Limited(ABOT)
|
1,019.78
▼ 0.00
(0.00%)
|
|
Abson Ind.
/ Nov 15
Abson Industries Limited(ABSON)
|
2.50
▼ 0.00
(0.00%)
|
|
Alfalah ETF.
/ Nov 15
Alfalah Consumer Index ETF.(ACIETF)
|
12.25
▼ 0.00
(0.00%)
|
| Stock | Price |
|---|---|
|
786 Invest Ltd
/ Nov 15
786 Investments Limited(786)
|
6.49
▲ 0.00
(0.00%)
|
|
AL-Abbas Sugar
/ Nov 15
Al-Abbas Sugar Mills Limited(AABS)
|
599.28
▲ 0.00
(0.00%)
|
|
Agro Allianz
/ Nov 15
Agro Allianz Limited(AAL)
|
16
▲ 0.00
(0.00%)
|
|
AL-Abid Silk
/ Nov 15
Al-Abid Silk Mills Limited(AASM)
|
3.49
▲ 0.00
(0.00%)
|
|
Ali Asghar
/ Nov 15
Ali Asghar Textile Mills Limited(AATM)
|
62.51
▲ 0.00
(0.00%)
|
|
Allied Bank
/ Nov 15
Allied Bank Limited(ABL)
|
114.80
▲ 0.00
(0.00%)
|
|
Abbott Lab.
/ Nov 15
Abbott Laboratories (Pakistan) Limited(ABOT)
|
1,019.78
▲ 0.00
(0.00%)
|
|
Abson Ind.
/ Nov 15
Abson Industries Limited(ABSON)
|
2.50
▲ 0.00
(0.00%)
|
|
Alfalah ETF.
/ Nov 15
Alfalah Consumer Index ETF.(ACIETF)
|
12.25
▲ 0.00
(0.00%)
|
| Stock | Volume |
|---|---|
|
WorldCall Telecom
/ Nov 15
Worldcall Telecom Limited(WTL)
|
43,291,848
▲ 0.00
|
|
Waves Home Appliances
/ Nov 15
Waves Home Appliances Limited(WAVESAPP)
|
33,201,636
▲ 0.00
|
|
Pak Refinery
/ Nov 15
Pakistan Refinery Limited(PRL)
|
31,524,926
▲ 0.00
|
|
K-Electric Ltd.
/ Nov 15
K-Electric Limited(KEL)
|
27,455,465
▲ 0.00
|
|
Pak Elektron
/ Nov 15
Pak Elektron Limited(PAEL)
|
26,996,630
▲ 0.00
|
|
Sui South Gas
/ Nov 15
Sui Southern Gas Company Limited(SSGC)
|
26,013,918
▲ 0.00
|
|
The Searle Co.
/ Nov 15
The Searle Company Limited(SEARL)
|
25,704,933
▲ 0.00
|
|
Pak Int.Bulk
/ Nov 15
Pakistan International Bulk Terminal(PIBTL)
|
23,694,836
▲ 0.00
|
|
Secure Logistics
/ Nov 15
Secure Logistics Group Limited(SLGL)
|
23,623,241
▲ 0.00
|
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