Trends - European economy - Business Recorder

European economy

NEW YORK/LONDON: The US dollar reversed almost all of its earlier gains while the euro found itself on a steadier...

Published 08 Mar, 2022 05:15am

World

BRUSSELS: The European Commission on Wednesday launched a bid to equip Brussels with new powers to swiftly retaliate...

Published 09 Dec, 2021 04:29am

World

BRUSSELS: US Treasury Secretary Janet Yellen on Monday urged EU member states to reject austerity and take further...

Published 13 Jul, 2021 03:22am

Business & Finance

Panetta said the ECB could and should keep credit cheap for a long time, even if borrowing costs around the world rise as a result of a booming US economy.
"For the ECB, this implies that we will have to maintain very favourable financing conditions well beyond the end of the pandemic period," he added.

Published 26 Apr, 2021 06:16pm

Markets

SINGAPORE: Gold gained in Asian trade on Thursday from a three-week low hit in the previous session, as the US ...

Published 02 Apr, 2021 04:58am

Business & Finance

ROTTERDAM/LONDON: The euro languished below $1.18 on Monday as the prospect of tougher coronavirus curbs in France...

Published 30 Mar, 2021 05:45am

Markets

The dollar index, a measure of the greenback's value against six other major currencies, hit as high as 92.919, its strongest level since November last year.

Published 30 Mar, 2021 02:34am

Markets

The euro slipped 0.2% in London trading at $1.1774, nearing last week's four-and-a-half-month trough of $1.1762. On a monthly basis, it is down 2.3%, its biggest drop since July 2019.
In a nutshell, the US economy is much stronger and miles ahead in the immunization game compared to Europe's and Japan's, and this ultimately translates into the Fed normalizing policy years before the ECB or the BoJ.

Published 29 Mar, 2021 05:57pm

Markets

Prices lost much of the gains from the previous session that followed news of a large container ship running aground in the Suez Canal.

Updated 26 Mar, 2021 12:04am

Business & Finance

BRUSSELS: The rise in eurozone consumer prices steadied in February, official data showed on Tuesday, as the slump ...

Published 03 Mar, 2021 05:49am

Currency	Rate
USD PKR Interbank Selling / Jan 22	278.92
USD PKR Interbank Buying / Jan 22	278.72
USD to Japanese Yen / Jan 22	155.66
USD to Swiss Franc / Jan 22	0.91
Pound Sterling to USD / Jan 22	1.23
Euro to USD / Jan 22	1.04

Stock	Price
Apna Microfin. / Jan 22 Apna Microfinance Bank Limited(AMBL)	10.49 ▲ 0.96 (10.07%)
Leather Up Ltd. / Jan 22 Leather Up Limited(LEUL)	27.57 ▲ 2.51 (10.02%)
Jah.Sidd. Co. / Jan 22 Jahangir Siddiqui & Co. Ltd.(JSCL)	24.29 ▲ 2.21 (10.01%)
Ashfaq Textile / Jan 22 Ashfaq Textile Mills Limited(ASHT)	15.51 ▲ 1.41 (10.00%)
Crescent Cotton / Jan 22 Crescent Cotton Mills Limited(CCM)	54.45 ▲ 4.95 (10.00%)
Fecto Cement / Jan 22 Fecto Cement Limited(FECTC)	116.40 ▲ 10.58 (10.00%)
Fateh Sports / Jan 22 Fateh Sports Wear Limited(FSWL)	86.43 ▲ 7.86 (10.00%)
Pak Engineering / Jan 22 Pakistan Engineering Company Limited(PECO)	738.34 ▲ 67.12 (10.00%)
Flying Cement / Jan 22 Flying Cement Company Limited(FLYNG)	27.54 ▲ 2.50 (9.98%)

Stock	Price
Mari Energies / Jan 22 Mari Energies Limited(MARI)	593.58 ▼ -65.95 (-10.00%)
Nagina Cot. / Jan 22 Nagina Cotton Mills Limited(NAGC)	49.95 ▼ -5.55 (-10.00%)
TPL Life Insur. / Jan 22 TPL Life Insurance Limited(TPLL)	51 ▼ -5.50 (-9.73%)
Masood Textile / Jan 22 Masood Textile Mills Limited(MSOT)	49.05 ▼ -5.27 (-9.70%)
Dewan Textile / Jan 22 Dewan Textile Mills Limited(DWTM)	7.30 ▼ -0.76 (-9.43%)
Dewan Motors / Jan 22 Dewan Farooque Motors Limited(DFML)	41.80 ▼ -3.92 (-8.57%)
Ellcot Spinning / Jan 22 Ellcot Spinning Mills Limited(ELSM)	110 ▼ -10.00 (-8.33%)
Faisal Sp. / Jan 22 Faisal Spinning Mills Limited(FASM)	340.03 ▼ -29.87 (-8.08%)
Karam Ceramics / Jan 22 Karam Ceramics Limited(KCL)	56.98 ▼ -4.92 (-7.95%)

Stock	Volume
Cnergyico PK / Jan 22 Cnergyico PK Limited(CNERGY)	114,034,653 ▲ 0.14
Fauji Cement / Jan 22 Fauji Cement Company Limited(FCCL)	75,467,347 ▲ 2.10
Bank Makramah / Jan 22 Bank Makramah Limited(BML)	69,476,357 ▲ 0.01
WorldCall Telecom / Jan 22 Worldcall Telecom Limited(WTL)	65,234,976 ▼ -0.04
Citi Pharma Ltd / Jan 22 Citi Pharma Ltd.(CPHL)	23,402,152 ▲ 1.83
Lotte Chemical / Jan 22 Lotte Chemical Pakistan Limited(LOTCHEM)	23,042,045 ▼ -0.19
Ghani Chem. Ind. / Jan 22 Ghani Chemical Industries Limited(GCIL)	21,938,589 ▲ 0.79
Power Cement / Jan 22 Power Cement Limited(POWER)	21,682,567 ▲ 0.07
Fauji Foods Ltd / Jan 22 Fauji Foods Limited(FFL)	15,820,284 ▼ -0.45