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 / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	154.30
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.26
Euro to USD / Nov 15	1.05

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,870.62
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,680.12
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,063.61
Dow Jones / Nov 15	43,444.99
Germany DAX 30 / Nov 15	19,210.81

Item	Value
Crude Oil USD/Barrel / Nov 15	67.02
Gold 10 Grams PKR / Nov 15	233,371.60
Gold Spot USD/Ounce / Nov 15	2,563.25
Cotton US¢/pound / Nov 15	68.91
Karachi Cotton PKR/37.32 KG / Nov 16	18,085
Petrol/Litre / Nov 17	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▼ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▼ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▼ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▲ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▲ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▲ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 17 Worldcall Telecom Limited(WTL)	77,999,077 ▲ 0.00
Fauji Foods Ltd / Nov 17 Fauji Foods Limited(FFL)	70,721,702 ▲ 0.00
Hascol Petrol / Nov 17 Hascol Petroleum Limited(HASCOL)	55,501,231 ▲ 0.00
K-Electric Ltd. / Nov 17 K-Electric Limited(KEL)	36,884,955 ▲ 0.00
Sui South Gas / Nov 17 Sui Southern Gas Company Limited(SSGC)	36,294,630 ▲ 0.00
D.S. Ind. Ltd. / Nov 17 D.S. Industries Limited(DSIL)	32,226,742 ▲ 0.00
TRG Pak Ltd / Nov 17 TRG Pakistan Limited(TRG)	29,018,611 ▲ 0.00
Pak Int.Bulk / Nov 17 Pakistan International Bulk Terminal(PIBTL)	22,405,457 ▲ 0.00
Treet Battery / Nov 17 Treet Battery Limited(TBL)	21,319,898 ▲ 0.00

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