Trends - Barclays - Business Recorder

Barclays

Barclays third quarter profit beats forecasts with 18% rise as investment bank delivers

LONDON: Barclays’ third quarter profit rose 18%, it said on Thursday, as its investment bank cashed in on a jump in...

Published 24 Oct, 2024 12:58pm

Aurangzeb tells foreign investors: ‘Govt focused on ensuring structural reforms’

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has said the government is focused on...

Updated 09 Oct, 2024 08:50am

Pakistan

Pakistan will not lose focus on reforms, Aurangzeb tells foreign investors

Federal Minister for Finance Muhammad Aurangzeb assured international investors that the government will not let go...

Updated 08 Oct, 2024 10:23pm

Business & Finance

Barclays investment bank grabs market share in deals, executive says

LONDON: Barclays’ investment bank is gaining market share in deal advisory and equity capital markets as part of a...

Updated 07 Oct, 2024 08:05am

Business & Finance

Barclays Q1 profit falls 12% as mortgage competition, deals drought hit

LONDON: Barclays reported a 12% fall in first quarter profit on Thursday, as a squeeze on UK mortgage pricing, lower...

Published 25 Apr, 2024 12:00pm

Business & Finance

Barclays annual profit falls 6%, unveils overhaul to boost shares

LONDON: Barclays reported its annual profit fell 6%, in line with expectations, as Chief Executive C.S....

Published 20 Feb, 2024 01:20pm

Business & Finance

Barclays to buy most of Tesco’s banking arm for $757 million

Barclays will buy most of the banking operations of Britain’s biggest supermarket group Tesco for about 600 million...

Published 09 Feb, 2024 02:37pm

Business & Finance

Asian currencies: Rupiah hit by political woes

BENGALURU: Asian currencies were subdued on Monday, with continued pressure on the Indonesian rupiah on concerns the...

Published 30 Jan, 2024 04:52am

Business & Finance

Lloyds to cut around 1,600 branch jobs in digital

LONDON: Britain’s biggest domestic bank Lloyds is cutting around 1,600 roles across its branch network, a...

Published 26 Jan, 2024 04:58am

Business & Finance

Lloyds to cut around 1,600 branch jobs in digital switch

LONDON: Britain’s biggest domestic bank Lloyds is cutting around 1,600 roles across its branch network, a...

Published 25 Jan, 2024 07:15pm

Business & Finance

Most Asian currencies extended gains

BENGALURU: Most Asian equities extended gains on Friday, while currencies held onto to their recent rise following a...

Published 16 Dec, 2023 05:49am

Business & Finance

Barclays sees Fed delivering its first rate cut in June

Barclays expects the Federal Reserve to deliver its first rate cut of 25 basis points in June, with two others...

Published 14 Dec, 2023 10:06am

Markets

UK’s FTSE 100 slips for second straight session as financials drag

Britain’s FTSE 100 edged down on Tuesday, dragged by financials, with Barclays dipping after Qatar Holdings cut its...

Published 05 Dec, 2023 03:00pm

Business & Finance

Barclays eyes up to 900 job cuts in Britain

LONDON: Barclays is putting 900 jobs in its British business at risk of redundancy, employee union Unite said on...

Published 28 Nov, 2023 07:25pm

Business & Finance

Barclays in talks to buy Metro Bank’s mortgage book worth $3.74bn

Britain’s Barclays is in exclusive talks to buy embattled lender Metro Bank’s 3 billion pound ($3.74 billion)...

Published 27 Nov, 2023 07:30pm

World

Barclays working on $1.25bn cost plan, could cut up to 2,000 jobs

LONDON: Barclays is working on plans to save as much as 1 billion pounds ($1.25 billion), which could involve ...

Published 24 Nov, 2023 05:29am

Business & Finance

Barclays sees Fed raising rate in January instead of December

Barclays said it now expects the US Federal Reserve to deliver a 25 basis point interest rate increase in January...

Published 06 Nov, 2023 10:41am

Business & Finance

Barclays to lay off dozens of US consumer bank employees

NEW YORK: Barclays Plc is laying off dozens of staff in its U.S. consumer banking division as part of a global drive...

Published 25 Oct, 2023 08:10pm

Markets

Barclays says profit hit by costs, impairments

LONDON: British bank Barclays on Tuesday unveiled a 16-percent drop in net profit for the third quarter on souring...

Published 24 Oct, 2023 12:51pm

Markets

Barclays now expects US Fed rate hike in December

Barclays forecasts the US Federal Reserve delivering a 25-basis-point hike in December, compared to a prior rate...

Published 19 Oct, 2023 09:39am

Pakistan

‘Comfortably placed’: SBP chief says end-Sept targets with IMF met

Remarks come during meetings with key international institutions organised by Barclays, JP Morgan, Standard Bank, and Jefferies

Updated 13 Oct, 2023 11:19pm

Markets

Greece’s National Bank sells 500mn euro bond

ATHENS: National Bank (NBG) , Greece’s second-largest lender by market value, concluded the sale of 500 million...

Published 27 Sep, 2023 11:02am

Markets

Goldman Sachs pushes its forecast for Fed rate cut to Q4 2024

Goldman Sachs economists said they now expect the US Federal Reserve to begin its interest rate-cutting cycle in the...

Published 21 Sep, 2023 12:41pm

Business & Finance

Barclays cutting around 450 staff, UK trade union says

LONDON: A British union that represents workers at Barclays said on Tuesday that the bank was cutting around 450...

Published 12 Sep, 2023 05:15pm

Business & Finance

Barclays cuts China’s 2023 GDP growth forecast to 4.5%

BEIJING: Barclays cut its forecast for China’s 2023 gross domestic product (GDP) growth to 4.5% from 4.9% because of...

Published 15 Aug, 2023 05:00pm

Business & Finance

Singapore downgrades GDP outlook, avoids recession

SINGAPORE: Singapore slightly cut its economic outlook for 2023 on Friday after it narrowly averted a recession in...

Published 15 Aug, 2023 06:30am

Business & Finance

Foreign lenders in talks to finance part of Adani Group’s Ambuja debt

BENGALURU: Barclays, Deutsche Bank AG and Standard Chartered are in talks to collectively lend between $600 million...

Published 27 Jul, 2023 06:15pm

Business & Finance

Barclays seeks to stop being corporate banker to Odey Asset Management

NEW YORK: Barclays is looking to terminate its corporate banking relationship with Odey Asset Management (OAM), the...

Published 03 Jul, 2023 06:04am

Markets

European shares end higher on positive earnings

PARIS: European shares ended higher on Thursday supported by positive earnings, especially reports from Deutsche ...

Published 28 Apr, 2023 06:08am

Markets

UK bank Barclays profits from rising interest rates

LONDON: British bank Barclays said Thursday that net profit jumped 27 percent in the first quarter, boosted by...

Published 27 Apr, 2023 02:29pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
USD to Japanese Yen / Dec 24	157.10
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
S&P 500 / Dec 23	5,974.07
Nasdaq / Dec 23	19,764.89
Dow Jones / Dec 23	42,906.95
Germany DAX 30 / Dec 23	19,848.77
India Sensex / Dec 24	78,616.57
Tokyo Nikkei / Dec 24	39,036.85
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,130.86

Item	Value
Gold 10 Grams PKR / Dec 23	241,087.80
Crude Oil USD/Barrel / Dec 24	69.54
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold Spot USD/Ounce / Dec 24	2,618.54
Cotton US¢/pound / Dec 24	69.13
Petrol/Litre / Dec 25	252.10

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Dec 24 Security Investment Bank Limited(SIBL)	5.99 ▲ 1.00 (20.04%)
Next Capital / Dec 24 Next Capital Limited(NEXT)	8.90 ▲ 1.00 (12.66%)
Pak Agro Pack. (GEM) / Dec 24 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9 ▲ 1.00 (12.50%)
Ghani Chem. Ind. / Dec 24 Ghani Chemical Industries Limited(GCIL)	16.13 ▲ 1.47 (10.03%)
Pak Gulf Leasing / Dec 24 Pak-Gulf Leasing Company Limited(PGLC)	14.37 ▲ 1.31 (10.03%)
Popular Islamic / Dec 24 Popular Islamic Modaraba(PIM)	15.58 ▲ 1.42 (10.03%)
Mandviwala / Dec 24 Mandviwala Mauser Plastic Industries(MWMP)	16.59 ▲ 1.51 (10.01%)
Blessed Tex. / Dec 24 Blessed Textiles Limited(BTL)	301.77 ▲ 27.43 (10.00%)
Crescent Cotton / Dec 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5.00 (10.00%)

Stock	Price
S.G.Power / Dec 24 S.G. Power Limited(SGPL)	10.58 ▼ -1.18 (-10.03%)
Olympia Mills / Dec 24 Olympia Mills Limited(OML)	36 ▼ -4.00 (-10.00%)
J.A.Textile / Dec 24 J.A. Textile Mills Limited(JATM)	33.95 ▼ -3.77 (-9.99%)
Sanghar Sugar / Dec 24 Sanghar Sugar Mills Limited(SANSM)	26.16 ▼ -2.90 (-9.98%)
I.C.C. Ind. / Dec 24 ICC Industries Limited(ICCI)	9.85 ▼ -1.07 (-9.80%)
National Silk / Dec 24 The National Silk & Rayon Mills Limited(NSRM)	50.01 ▼ -5.43 (-9.79%)
Gulshan Sp. / Dec 24 Gulshan Spinning Mills Limited(GSPM)	4.10 ▼ -0.40 (-8.89%)
Crescent Fib. / Dec 24 Crescent Fibres Limited(CFL)	40.16 ▼ -3.81 (-8.66%)
Reliance Ins. / Dec 24 Reliance Insurance Company Limited(RICL)	11.55 ▼ -1.05 (-8.33%)

Stock	Volume
WorldCall Telecom / Dec 24 Worldcall Telecom Limited(WTL)	126,573,463 ▲ 0.05
Fauji Foods Ltd / Dec 24 Fauji Foods Limited(FFL)	66,984,381 ▲ 0.49
Cnergyico PK / Dec 24 Cnergyico PK Limited(CNERGY)	66,471,663 ▼ -0.27
Pak Elektron / Dec 24 Pak Elektron Limited(PAEL)	38,651,653 ▼ -1.53
K-Electric Ltd. / Dec 24 K-Electric Limited(KEL)	36,108,956 ▼ -0.18
Sui South Gas / Dec 24 Sui Southern Gas Company Limited(SSGC)	33,467,532 ▼ -0.50
P.T.C.L. / Dec 24 Pakistan Telecommunication Company Ltd(PTC)	33,030,118 ▼ -1.31
TRG Pak Ltd / Dec 24 TRG Pakistan Limited(TRG)	29,441,264 ▲ 3.35
Pace (Pak) Ltd. / Dec 24 Pace (Pakistan) Limited(PACE)	28,106,970 ▼ -0.18

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