Trends - EMEA - Business Recorder

EMEA

Oil prices slump again, hit by demand concerns

NEW YORK: Oil prices extended their slide on Wednesday, led lower by worries that the global economy would slow...

Published 01 Sep, 2022 05:50am

Business & Finance

Euro zone bond yields rise as inflation hits another record high

LONDON: Euro zone government bond yields rose sharply on Friday as inflation in the bloc rose to another record high...

Published 01 Aug, 2022 05:54am

Business & Finance

Sterling falls versus dollar

LONDON: Sterling fell against the dollar on Friday as an unfavourable macroeconomic backdrop overshadowed concerns...

Published 09 Jul, 2022 03:57am

Business & Finance

Barclays veteran trader Nat Tyce to leave

LONDON: Barclays Head of Macro Trading for EMEA and Asia Pacific, Nat Tyce, is leaving after more than 25 years, a...

Published 17 Jun, 2022 06:37am

Business & Finance

Sterling falls 1pc

LONDON: Sterling fell sharply on Thursday as the Bank of England left its main interest rate unchanged after ...

Published 05 Nov, 2021 04:39am

Business & Finance

Deutsche Bank hires top Credit Suisse ECM banker Gruffat

Gruffat joins the German bank's equity capital markets for Europe, Middle East and Africa after over two decades at Credit Suisse, according to an internal memo seen by Reuters.
The ECM sector has been one of Credit Suisse's bright spots though, with its strong tech franchise in the United States helping keep it competitive with its Wall Street rivals.

Published 20 May, 2021 09:14pm

Markets

Kone's shares drop more than 8pc after orders slip

The rise will pressure Kone to raise prices to offset a margin drag into 2022, Citi analysts said in a note.
Kone reported a rise in operating profit to 249.8 million euros ($301.53 million) from 197.2 million a year ago on sales of 2.3 billion euros following continued growth in China.

Updated 28 Apr, 2021 07:37pm

Markets

Turkish lira dips on dovish central bank; Rouble hit by US sanctions

Rouble, Russian stocks worst performers in EMEA.
Dollar weakens ahead of retail sales data.
Turkish c.bank holds rates, but doesn't signal tight policy.

Published 15 Apr, 2021 07:48pm

Business & Finance

BMO to sell EMEA asset management unit for $870mn to focus on North America

Canada's fourth-largest lender will take a C$745 million write-down of goodwill after tax in the second quarter of fiscal 2021 as a result of the transaction, which is expected to close in the fourth quarter of calendar 2021, BMO said.
Concentrating on the North American market, and Canada in particular, is the right strategic decision.

Published 12 Apr, 2021 08:59pm

Markets

Currencies muted as US inflation takes centrestage

EMEA FX muted amid US inflation jitters.
Turkish inflation concerns rise ahead of rate decision.
MSCI EM stocks index tumbles.
Alibaba surges after shrugging off regulatory woes.

Published 12 Apr, 2021 05:40pm

Markets

Russia's rouble leads EMEA losses as political concerns weigh

Emerging market stocks retreated from a more than two-week high on Wednesday, with most Asian and EMEA bourses trading lower.

Updated 07 Apr, 2021 01:44pm

Markets

Sterling steadies after two consecutive days of losses

The pound has lost over 1% against the dollar this week, as the EU, which is lagging Britain and the United States in rolling out vaccines, considers the measure.

Published 25 Mar, 2021 11:52pm

Business & Finance

Canadian dollar seen stronger if global economy resumes growing

TORONTO: The Canadian dollar is expected to rally further over the coming year as a global economic recovery takes...

Updated 08 Feb, 2021 09:24am

Business & Finance

EM currencies on the mend as search for high yields returns

JOHANNESBURG/BENGALURU: Most emerging-market currencies, which recently had a rough ride because of the dollar’s...

Updated 08 Feb, 2021 09:24am

Business & Finance

Ahmed Bozai made Country Officer of Citibank Pakistan

KARACHI: Citi on Tuesday announced Ahmed Bozai as the new Citi Country Officer (CCO) for its business in Pakistan. ...

Published 03 Feb, 2021 04:35am

Markets

Lira hits 5-month high on manufacturing boost, stocks recover

Data showed Russia's manufacturing activity returned to growth in January.

Published 01 Feb, 2021 02:58pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

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