Trends - BlackRock - Business Recorder

BlackRock

Bond rebound uncertain as Trump plans overshadow Fed rate cuts

NEW YORK: Prospects of a near-term rebound in the $28-trillion US government bond market are faltering, as Donald...

Published 08 Nov, 2024 11:09am

Business & Finance

Abu Dhabi firms to launch tokenized US Treasuries fund

NEW YORK: Abu Dhabi firms Realize and Neovision Wealth Management have launched an investment vehicle that will buy...

Published 01 Nov, 2024 06:51am

Markets

Treasuries slip, dollar firm as markets grapple with US politics

SYDNEY: US bond futures slipped and the dollar firmed on Monday as investors wagered the attack on US presidential...

Published 15 Jul, 2024 10:21am

Business & Finance

BlackRock strikes $12.5bn deal for Global Infrastructure Partners

NEW YORK/LONDON: BlackRock said on Friday it would buy Global Infrastructure Partners (GIP) for $12.5 billion in a...

Published 13 Jan, 2024 05:38am

Business & Finance

Bitcoin ETFs begin trading in end to decade-long tussle with SEC

NEW YORK: Several exchange-traded funds (ETFs) tied to the spot price of bitcoin began trading in the US on Thursday...

Published 12 Jan, 2024 03:06am

Business & Finance

Market expectations of Fed cuts ‘overdone’, volatility to jump in ‘24: BlackRock

NEW YORK: Global markets will be swayed by greater volatility in 2024 as the Federal Reserve cuts benchmark interest...

Published 06 Dec, 2023 04:27am

World

COP28: UAE president announces $30bn fund to bridge climate finance gap

DUBAI: United Arab Emirates President Sheikh Mohammed Bin Zayed announced on Friday the establishment of a $30...

Updated 01 Dec, 2023 09:58pm

Business & Finance

Exxon Mobil to sell its majority stake in Italy LNG terminal to BlackRock

HOUSTON: Exxon Mobil Corp chose BlackRock as the potential buyer for its majority stake in Italy’s main liquefied...

Published 04 Oct, 2023 11:43am

Business & Finance

BlackRock beats profit estimates on robust inflows

NEW YORK: BlackRock Inc on Friday beat second-quarter profit estimates, as investors continued to pour money into ...

Published 17 Jul, 2023 03:47am

Markets

Wall Street mixed as data offsets bank earnings cheer

NEW YORK: US stock indexes were mixed on Friday morning as weak retail sales data for March suggested the economy ...

Published 15 Apr, 2023 06:19am

Opinion

The profundity of feedback loop

Since time immemorial, decision-making has been based on a number of factors, the most important being the feedback...

Updated 08 Mar, 2023 06:46am

Business & Finance

Belgium to sell part of BNP Paribas stake for more than $2bn

PARIS: Belgium is preparing the sale of a third of its 7.8% equity stake in BNP Paribas, the euro-zone’s biggest...

Published 06 Mar, 2023 06:22am

Opinion

Gated UK property funds are open to further risk

UK property funds face further exit requests, asset fire sales and reduced demand from pension schemes after payout...

Published 12 Jan, 2023 06:26am

Markets

Wall Street Week Ahead: Stumbling Treasury rally clouds bond market outlook for 2023

NEW YORK: US government bond investors hurting after the biggest annual decline in the history of the asset class ...

Published 02 Jan, 2023 05:54am

Opinion

US stock investors face recession fears as they bid good riddance to 2022

A rough year for US stocks is winding down, but the market’s pain may be far from over, as investors brace for an...

Published 24 Dec, 2022 05:50am

Markets

Wall St week ahead: JPMorgan, Citi feel recession likely next year, others say downturn is not assured

NEW YORK: Investors are eyeing everything from the US healthcare sector to UK stocks and gold as potential havens...

Published 05 Dec, 2022 05:47am

Opinion

Investors warm to European corporate bonds after a brutal year

Investors are moving back into the European corporate bond market after one of the most brutal years in history,...

Published 24 Nov, 2022 04:28am

World

US’s Russia sanctions architect Singh departs as Ukraine war drags on

WASHINGTON: US President Joe Biden will have a new “sherpa” on his trip to Germany next week – a former BlackRock...

Published 25 Jun, 2022 05:24pm

Opinion

No slump for pump and dump cryptocurrency gangs

In a sleepy corner of the crypto-economy, the value of an obscure coin called Enzyme was tumbling downwards along...

Published 28 May, 2022 05:11am

Markets

Yields hit highest levels since December 2019 after jobs report

NEW YORK: Yields of benchmark 10-year US Treasuries hit their highest levels since December 2019 on Friday after...

Published 07 Feb, 2022 05:22am

Markets

BlackRock profit beats estimates as assets cross $10 trillion

BlackRock Inc's fourth-quarter profit beat analyst estimates on Friday, as the world's largest money manager's fee...

Published 14 Jan, 2022 06:30pm

Business & Finance

Vingroup tapping global investors for car unit’s $1bn funding

SINGAPORE: Vietnam’s largest conglomerate Vingroup is in talks with investors, including Qatar’s sovereign fund...

Published 01 Dec, 2021 03:52am

Technology

BlackRock joins e-car charging venture Ionity in $788mn funding round

FRANKFURT: BlackRock, the world's largest money manager, has joined electric vehicle charging (EV) venture Ionity in...

Published 24 Nov, 2021 12:48pm

Wall Street in Riyadh sees lingering inflation, oil hitting $100

RIYADH: Top Wall Street firms warned at an investment conference in Riyadh of the risk of a sustained increase in...

Updated 27 Oct, 2021 09:42am

Markets

Wall Street in Riyadh sees lingering inflation, oil hitting $100

RIYADH: Top Wall Street firms warned at an investment conference in Riyadh of the risk of a sustained increase in...

Updated 26 Oct, 2021 07:31pm

Business & Finance

BlackRock creates biggest climate exchange-traded fund range

LONDON: Asset manager BlackRock said on Tuesday it had created the largest range of climate-aligned exchange-traded...

Published 26 Oct, 2021 11:30am

Business & Finance

Saudi Arabia launches national infrastructure fund with BlackRock

DUBAI: Saudi Arabia, advised by the world's largest fund manager BlackRock, has launched a national infrastructure...

Published 26 Oct, 2021 04:39am

Business & Finance

Saudi Arabia launches national infrastructure fund with BlackRock

DUBAI: Saudi Arabia, advised by the world's largest fund manager BlackRock, has launched a national infrastructure...

Published 25 Oct, 2021 02:14pm

Business & Finance

BlackRock profit beats estimates though asset growth stalls

NEW YORK: BlackRock Inc topped third-quarter profit estimates helped by robust performance fees and strong demand ...

Published 18 Oct, 2021 04:42am

Business & Finance

KeepTruckin raises $190m in new funding

KARACHI: KeepTruckin, the leader in fleet management technology, has announced that it has raised $190 million in ...

Published 24 Jun, 2021 03:36am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

Markets →

Budget 2024-25: income tax calculator for FY25

BlackRock

Most Popular