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Fed

Most Gulf bourses fall on Fed’s rate-cut caution

DUBAI: Most stock markets in the Gulf ended lower on Monday, hurt by concerns that the US Federal Reserve would slow...

Published 19 Nov, 2024 06:34am

Markets

Most Gulf markets fall on Fed rate cut concerns

DUBAI: Most Gulf stock markets fell on Sunday after U.S economic data and comments from Federal Reserve officials...

Published 18 Nov, 2024 02:54am

Business & Finance

Fed’s Kashkari says broad-based deportations could disrupt labor for some businesses

WASHINGTON: Widespread deportation of foreign-born workers would probably cause some disruption to businesses but...

Published 10 Nov, 2024 10:46pm

Business & Finance

Dollar slips before Fed rate decision

NEW YORK: The dollar fell on Wednesday before the Federal Reserve is expected to cut rates by 25 basis points, while...

Published 08 Nov, 2024 06:41am

Markets

Gold oscillates as stronger US dollar limits upside

NEW YORK: Gold seesawed within a narrow range on Tuesday, restrained by a strong dollar, with geopolitical and...

Published 16 Oct, 2024 06:58am

Business & Finance

Fed terminates 2013 money-laundering enforcement action against Citigroup

WASHINGTON: The Federal Reserve announced on Tuesday that it had terminated a 2013 enforcement action it filed...

Published 02 Oct, 2024 06:19am

Markets

Oil ends week higher as investors take stock of Fed rate cuts

HOUSTON: Oil prices settled lower on Friday but recorded a second straight week of gains, garnering support from a ...

Published 22 Sep, 2024 02:47am

Markets

Gulf markets in black after central banks cut rates

DUBAI: Most stock markets in the Gulf ended higher on Thursday, after most central banks in the region cut their key...

Published 20 Sep, 2024 06:10am

Business & Finance

Fed expected to announce its first interest rate cut since 2020

WASHINGTON: The Federal Reserve is gearing up to announce its first interest rate cut for more than four years on...

Published 16 Sep, 2024 06:08am

World

Fed seen cutting policy rate by 25 bps next week

WASHINGTON: US central bankers will likely start long-awaited interest-rate cuts next week with a...

Published 12 Sep, 2024 03:48am

Markets

Most Gulf markets retreat as Fed uncertainty persists

DUBAI: Most stock markets in the Gulf ended lower on Monday as investors exercised caution ahead of key US ...

Published 10 Sep, 2024 06:32am

Fed mortgage bond holdings play ‘central’ policy rule, paper says

NEW YORK: Federal Reserve holdings of mortgage bonds play a “central” role in how monetary policy affects the...

Updated 25 Aug, 2024 09:54am

Markets

Most Gulf markets gain on positive data

DUBAI: Stock markets in the Middle East ended higher on Sunday, boosted by positive economic data the previous week...

Published 12 Aug, 2024 06:36am

US inflation still ‘uncomfortably’ high: Fed official

WASHINGTON: US inflation remains “uncomfortably” above the Federal Reserve’s target despite the progress it has made...

Updated 11 Aug, 2024 09:27am

Markets

Mideast markets rebound as Fed calms investor nerves

DUBAI: Most stock markets in the Middle East rebounded on Tuesday, clawing back some of their losses from the...

Published 07 Aug, 2024 05:38am

Business & Finance

Fed under pressure to cut rates as market turmoil continues

WASHINGTON: The ongoing global stock sell-off has fueled calls for the US Federal Reserve to lower interest rates...

Published 07 Aug, 2024 05:37am

Business & Finance

Fed could open the door to a September rate cut this week

WASHINGTON: The US Federal Reserve may signal this week that interest rate cuts are on the way — although it is...

Published 29 Jul, 2024 06:37am

Opinion

FED on transfer of immoveable property

“Accordingly CVT was abolished through the Finance Act 2010 as charge and levy of CVT became a provincial subject....

Updated 12 Jul, 2024 08:55am

Markets

China shares end lower; Fed rate cut bets buoy HK stocks

SHANGHAI: Mainland China stocks ended lower on Thursday, dragged by property shares, while Hong Kong shares rose...

Published 05 Jul, 2024 03:17am

BR Research

Cement: Stronger together

Expectedly, the Budget 2024-25 raised more indirect taxes, of which raising FED on cement is only one of the many...

Published 26 Jun, 2024 07:36am

Business & Finance

Fed’s Kashkari says it’s ‘reasonable’ to predict December rate cut

NEW YORK: Minneapolis Federal Reserve President Neel Kashkari on Sunday said it’s a “reasonable prediction”...

Published 17 Jun, 2024 05:30am

Business & Finance

Dollar gains on hawkish Fed

NEW YORK: The dollar gained on Thursday despite a soft US producer price inflation report for May, after the Federal...

Published 14 Jun, 2024 06:31am

Pakistan

Exemptions withdrawn: Rs1.8trn new taxation measures unveiled

ISLAMABAD: The government has announced new taxation/enforcement measures of nearly Rs 1,800 billion through...

Published 13 Jun, 2024 03:32am

World

Fed leaves rates unchanged, sees just one cut in 2024 despite inflation progress

WASHINGTON: The Federal Reserve held interest rates steady on Wednesday and pushed out the start of rate cuts to...

Published 13 Jun, 2024 12:08am

Business & Finance

Asian currencies: Indonesian rupiah at lowest level in 4 years

BENGALURU: Emerging Asian markets were finely balanced on Tuesday as traders awaited the release of US inflation ...

Published 12 Jun, 2024 06:51am

Markets

Wall Street Week Ahead: Inflation, Fed meeting to give clues for US market direction

NEW YORK: Investors will closely watch next week’s inflation numbers and Federal Reserve meeting for clues on...

Published 10 Jun, 2024 06:52am

Business & Finance

Fed may remain on pause and pare back rate cut expectations

WASHINGTON: The US Federal Reserve is likely to keep interest rates unchanged this week, but could pare back the...

Published 10 Jun, 2024 06:52am

Markets

HK stocks track regional markets higher; China slips

SHANGHAI: Hong Kong shares closed up on Thursday, tracking Asian markets higher on growing expectations that the US...

Published 07 Jun, 2024 06:24am

Business & Finance

Govt urged to abolish 20pc FED on packaged fruit juices

LAHORE: The Fruit Juice Council in a letter to the PML-N President and former Prime Minister Mian Nawaz Sharif has...

Published 07 Jun, 2024 06:24am

BR Research

High taxation cannibalizing juices export potential

One key ingredient for moving on a sustainable economic growth path is to develop the agriculture value chains by...

Published 03 Jun, 2024 08:37am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

Markets →

Budget 2024-25: income tax calculator for FY25

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