Trends - Fed - Business Recorder

Fed

Fed officials back cautious policy approach in light of economic uncertainty

WASHINGTON: New York Federal Reserve President John Williams said on Friday the US central bank’s monetary policy...

Published a day ago

World

Many US firms expect Trump tariffs to push up prices: Fed

WASHINGTON: Businesses across the United States expect President Donald Trump’s tariff plans will force them to...

Published a day ago

Business & Finance

Dollar higher ahead of Fed decision; lira lurches lower

NEW YORK: The dollar rose across the board on Wednesday, bouncing back from multi-month lows as traders eyed the...

Published 20 Mar, 2025 05:30am

Editorials

Tapping the real estate tax potential

EDITORIAL: With the economy in the process of stabilising, various sectors across the board have started performing...

Published 17 Feb, 2025 03:09am

Markets

S&P 500, Nasdaq climb as Apple gains

NEW YORK: The S&P 500 and the Nasdaq rose on Friday, as Apple gained following a strong sales forecast and a...

Published 01 Feb, 2025 06:30am

Markets

Wall Street Week Ahead: Fed’s rate-cut view set to test resurgent US stocks rally

NEW YORK: The Federal Reserve’s first meeting of 2025 in the coming week stands to test the resurgence in US ...

Published 27 Jan, 2025 05:50am

Business & Finance

Fed prepares to pause in first rate decision since Trump’s inauguration

WASHINGTON: The US Federal Reserve is expected to announce a pause in rate cuts on Wednesday, as policymakers look ...

Published 27 Jan, 2025 05:50am

Business & Finance

ABAD presents proposals for revival of housing sector

LAHORE: The Association of Builders and Developers of Pakistan (ABAD) presented a set of proposals for revival of...

Published 05 Jan, 2025 02:45am

Business & Finance

US banks sue Fed over ‘opaque’ stress tests

NEW YORK: A business coalition led by large US banks filed suit Tuesday against the Federal Reserve, criticizing the...

Published 25 Dec, 2024 06:25am

Markets

Wall St bounces back after Fed’s hawkish cut triggers sell-off

NEW YORK: Wall Street’s main indexes gained some ground on Thursday, a day after the Federal Reserve’s...

Published 20 Dec, 2024 02:43am

Markets

Gold rebounds from one-month low after Fed’s hawkish signal

NEW YORK: Gold prices gained on Thursday, rebounding from a one-month low, as the market digested the US Federal...

Published 20 Dec, 2024 02:43am

Markets

Tech sector supports European shares ahead of Fed decision

NEW YORK: European share indices closed up on Wednesday, boosted by technology stocks and French automaker Renault,...

Published 19 Dec, 2024 05:57am

Markets

Most Gulf markets muted ahead of Fed decision

DUBAI: Most stock markets in the Gulf ended lower on Sunday as investors awaited clues on the future path for...

Published 16 Dec, 2024 06:08am

Markets

Gold prices slightly up on Fed rate optimism

NEW YORK: Gold prices edged higher on Tuesday, as recovering expectations of a US rate cut in December weighed on ...

Published 04 Dec, 2024 03:14am

Markets

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 25	280.52
USD PKR Interbank Buying / Mar 25	280.27
USD to Japanese Yen / Mar 25	150.54
USD to Swiss Franc / Mar 25	0.88
Pound Sterling to USD / Mar 25	1.29
Euro to USD / Mar 25	1.08
UK LIBOR % / Mar 24	4.96

Stock	Volume
S&P 500 / Mar 24	5,767.57
Nasdaq / Mar 24	18,188.59
Dow Jones / Mar 24	42,583.32
India Sensex / Mar 25	78,073.97
Tokyo Nikkei / Mar 25	37,780.54
Hang Seng / Mar 25	23,413.58
FTSE 100 / Mar 25	8,684.09
Germany DAX 30 / Mar 25	22,926.46
France CAC40 / Mar 25	8,073.56

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 24	17,085
Crude Oil USD/Barrel / Mar 25	69.03
Gold 10 Grams PKR / Mar 25	272,462
Gold Spot USD/Ounce / Mar 25	3,017.31
Cotton US¢/pound / Mar 25	65.64
Petrol/Litre / Mar 26	255.63
Diesel/Litre / Mar 26	258.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel Indus.(R) / Mar 25 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	2.01 ▲ 1 (99.01%)
Ruby Textile / Mar 25 Ruby Textile Mills Limited(RUBY)	7.01 ▲ 1 (16.64%)
Sec. Inv. Bank / Mar 25 Security Investment Bank Limited(SIBL)	8.99 ▲ 1 (12.52%)
Samba Bank / Mar 25 Samba Bank Limited(SBL)	9 ▲ 0.82 (10.02%)
Leiner Pak Gelat / Mar 25 Leiner Pak Gelatine Limited(LPGL)	100.73 ▲ 9.16 (10%)
Adamjee Life Assur. / Mar 25 Adamjee Life Assurance Company Limited(ALIFE)	25.73 ▲ 2.34 (10%)
United Dist. / Mar 25 United Distributors Pakistan Limited(UDPL)	67.29 ▲ 6.12 (10%)
Crescent Fib. / Mar 25 Crescent Fibres Limited(CFL)	45.70 ▲ 4.14 (9.96%)
Popular Islamic / Mar 25 Popular Islamic Modaraba(PIM)	13.19 ▲ 1.19 (9.92%)
Hussain Industries / Mar 25 Husein Industries Limited(HUSI)	27.30 ▲ 2.43 (9.77%)

Stock	Price
Parmount Sp. / Mar 25 Paramount Spinning Mills Limited(PASM)	3.51 ▼ -0.48 (-12.03%)
Shahtaj Sugar / Mar 25 Shahtaj Sugar Mills Limited(SHJS)	117 ▼ -13 (-10%)
Diamond Ind. / Mar 25 Diamond Industries Limited(DIIL)	27.68 ▼ -3.07 (-9.98%)
Zephyr Textile / Mar 25 Zephyr Textiles Limited(ZTL)	9.50 ▼ -1 (-9.52%)
TPL Life Insur. / Mar 25 TPL Life Insurance Limited(TPLL)	55.02 ▼ -5.74 (-9.45%)
Shahtaj Textile / Mar 25 Shahtaj Textile Limited(STJT)	65.05 ▼ -6.54 (-9.14%)
Sindh Abadgar / Mar 25 Sindh Abadgar's Sugar Mills Limited(SASML)	55 ▼ -5.43 (-8.99%)
Elahi Cot. / Mar 25 Elahi Cotton Mills Limited(ELCM)	138 ▼ -13.03 (-8.63%)
Tri-Star Power / Mar 25 Tri-Star Power Limited(TSPL)	7.24 ▼ -0.66 (-8.35%)
Shield Corp. / Mar 25 Shield Corporation Limited(SCL)	253.90 ▼ -22.98 (-8.3%)

Stock	Volume
Pak Elektron / Mar 25 Pak Elektron Limited(PAEL)	28,623,330 ▲ 0.63
TRG Pak Ltd / Mar 25 TRG Pakistan Limited(TRG)	22,742,574 ▼ -3.59
Cnergyico PK / Mar 25 Cnergyico PK Limited(CNERGY)	19,218,186 ▲ 0.01
Sui South Gas / Mar 25 Sui Southern Gas Company Limited(SSGC)	14,168,002 ▲ 0.18
WorldCall Telecom / Mar 25 Worldcall Telecom Limited(WTL)	11,877,825 ▼ -0.05
Pak Int.Bulk / Mar 25 Pakistan International Bulk Terminal(PIBTL)	11,187,536 ▲ 0.08
Pak Refinery / Mar 25 Pakistan Refinery Limited(PRL)	10,362,407 ▼ -0.12
B.O.Punjab / Mar 25 The Bank of Punjab(BOP)	10,164,053 ▼ -0.21
K-Electric Ltd. / Mar 25 K-Electric Limited(KEL)	10,144,462 ▲ 0
Treet Corp / Mar 25 Treet Corporation Limited(TREET)	8,893,519 ▼ -0.53

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