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Hong Kong GDP

HK reports Q1 GDP growth after 2022 contraction

HONG KONG: Hong Kong’s economy grew in the first quarter of 2023, the city’s leader said Tuesday, ending a...

Published 08 May, 2023 06:40am

Markets

Hong Kong stocks sink at open

HONG KONG: Shares in Hong Kong and mainland China opened with more losses Monday morning to extend a sell-off across...

Published 29 Nov, 2021 09:30am

Markets

Hong Kong stocks end down

HONG KONG: Hong Kong and Shanghai stocks finished lower on Tuesday with investors worried about the economic impact...

Published 26 Oct, 2021 02:15pm

Markets

HK, China stocks rebound as Beijing calms panic

Tech and education shares, which suffered the brunt of the sell-off earlier this week, staged a sharp rebound

Published 29 Jul, 2021 11:58am

Markets

Hong Kong, China shares battered by regulation fears; yuan drops

A trader at a foreign bank says the breach of the 6.5 level could lead to further weakness for the yuan

Updated 27 Jul, 2021 03:45pm

Markets

Asian markets drop on fresh inflation, virus worries

That has raised worries that the expected recovery will not be as strong as first hoped

Updated 19 Jul, 2021 11:49am

Markets

Stocks stumble, dollar stands tall as US payrolls loom

US private payrolls beat expectations overnight, although they are an unreliable guide to Friday's broader indicators

Published 01 Jul, 2021 12:32pm

World

Hong Kong home prices rise for fifth straight month in May

An index of home prices rose 0.6% last month, according to the data, compared to a revised 0.4% gain in April. The index has climbed 3.6% so far this year, and is off just 0.8% from its all-time high hit in May 2019.

Published 28 Jun, 2021 10:44am

Markets

Markets wobble in Asia as blockbuster data fan taper fears

The sanctions target companies involved in Chinese surveillance technology used to "facilitate repression or serious human rights abuses", which "undermine the security or democratic values of the United States and our allies", the White House said.

Published 04 Jun, 2021 10:01am

Markets

Hong Kong stocks down after morning

A tepid lead from Wall Street, though energy firms enjoyed healthy gains thanks to a surge in oil prices.

Published 02 Jun, 2021 10:28am

Markets

Asian markets extend gains as recovery gathers pace

Hong Kong, Shanghai, Singapore, Seoul and Jakarta were also up, though there were small losses in Manila after a more than five percent surge Thursday.

Published 28 May, 2021 10:15am

Markets

Asian markets rally as inflation fears ease, oil extends gains

Bitcoin was holding around $38,500 -- having almost fallen through $30,000 recently for the first time since January -- after Musk tweeted support for a group attempting to make the mining of the currency less environmentally damaging.

Published 25 May, 2021 09:44am

Markets

Hong Kong stocks end morning well down

The Hang Seng Index shed 1.48 percent, or 424.36 points, to 28,300.52

Published 03 May, 2021 11:43am

Markets

Hong Kong stocks sharply down at lunch

The Hang Seng Index fell 1.53 percent, or 447.00 points, to 28,856.26.

Published 30 Apr, 2021 10:45am

Markets

Hong Kong markets rise at open

The Hang Seng Index was up 0.33 percent, or 95.06 points, at 28,716.98.

Published 22 Apr, 2021 10:54am

Markets

Financials help Hang Seng overcome tech slump; China blue-chips slip

"The market is going through a 'sell first, ask questions later' phase ... investors think (authorities) want to use the big tech firms to monitor citizens," he said, adding, users may leave such platforms.

Published 25 Mar, 2021 01:05pm

Markets

Hong Kong, China shares slump as policy tightening concerns persist

Leading the declines in mainland, the CSI300 transportation index and CSI300 resource index dropped 4.3% and 4.1%, respectively.

Published 24 Mar, 2021 01:11pm

Business & Finance

HK’s jobless rate at highest since 2004

HONG KONG: Hong Kong’s unemployment rate rose to a seasonally adjusted 7.2% in the December-February period, the...

Updated 17 Mar, 2021 09:42am

Markets

Hong Kong stocks start with losses

The Hang Seng Index dropped 1.19 percent, or 354.94 points, to 29,525.48.

Published 04 Mar, 2021 11:21am

Markets

Shanghai surges at open on return after break

The Hang Seng Index rose 0.32 percent, or 98.42 points, to 31,183.36.

Published 18 Feb, 2021 10:26am

Business & Finance

Tencent says exec held by China over links to 'personal' corruption allegations

The CCDI and SCIO did not immediately respond to a Reuters request for comment.

Published 11 Feb, 2021 12:26pm

World

Biden speaks by phone with China's Xi Jinping

Biden offered Xi his "greetings and well wishes" to the Chinese people on the occasion of the Lunar New Year celebrations, the White House said in a statement.

Published 11 Feb, 2021 10:49am

Markets

Hong Kong proposes new rules for share and bond issuance

The proposals from the Securities and Futures Commission (SFC) are intended to clarify the roles played by investment banks handling capital market deals to improve transparency.
There have been numerous examples ... where there were sharp declines in post-IPO share prices amidst thin liquidity, which some market participants attribute to these types of behaviour.

Published 08 Feb, 2021 05:34pm

Markets

Hong Kong stocks down at lunch

The Hang Seng Index eased 0.47 percent, or 137.95 points, to 29,110.75.

Published 03 Feb, 2021 10:31am

Markets

Retail buyers flood China's Kuaishou HK IPO with $162bn offered

The huge demand comes amid growing fears about an asset bubble, with amateur investors boosting the price of assets ranging from cryptocurrencies to new stock market listings.
As per Hong Kong's clawback rules, the retail portion of the IPO will now be enlarged to 6% due to the demand.

Published 29 Jan, 2021 05:57pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 23	278.71
USD PKR Interbank Buying / Jan 23	278.56
USD to Japanese Yen / Jan 23	156.57
USD to Swiss Franc / Jan 23	0.91
Pound Sterling to USD / Jan 23	1.23
Euro to USD / Jan 23	1.04

Stock	Volume
S&P 500 / Jan 22	6,086.37
Nasdaq / Jan 22	20,009.34
Dow Jones / Jan 22	44,156.73
India Sensex / Jan 23	76,579.87
Tokyo Nikkei / Jan 23	40,000.30
Hang Seng / Jan 23	19,695.88
FTSE 100 / Jan 23	8,544.98
Germany DAX 30 / Jan 23	21,282.88

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 22	18,485
Gold 10 Grams PKR / Jan 22	246,440
Petrol/Litre / Jan 23	256.13
Crude Oil USD/Barrel / Jan 23	75.19
Gold Spot USD/Ounce / Jan 23	2,754.03
Diesel/Litre / Jan 23	260.95

Gainers
Losers
Leaders

Stock	Price
Saritow Spinning / Jan 23 Saritow Spinning Mills Limited(SSML)	10.12 ▲ 1.00 (10.96%)
Apna Microfin. / Jan 23 Apna Microfinance Bank Limited(AMBL)	10.50 ▲ 0.97 (10.18%)
Citi Pharma Ltd / Jan 23 Citi Pharma Ltd.(CPHL)	94.44 ▲ 8.59 (10.01%)
Leather Up Ltd. / Jan 23 Leather Up Limited(LEUL)	30.33 ▲ 2.76 (10.01%)
Olympia Mills / Jan 23 Olympia Mills Limited(OML)	37.04 ▲ 3.37 (10.01%)
Arif Habib Ltd. / Jan 23 Arif Habib Limited(AHL)	72.46 ▲ 6.59 (10.00%)
Dewan Motors / Jan 23 Dewan Farooque Motors Limited(DFML)	46.07 ▲ 4.19 (10.00%)
Mughal Energy / Jan 23 Mughal Energy Limited(GEM)(GEMMEL)	21.45 ▲ 1.95 (10.00%)
Liven Pharma / Jan 23 Liven Pharma Limited(LIVEN)	150.99 ▲ 13.73 (10.00%)

Stock	Price
Nagina Cot. / Jan 23 Nagina Cotton Mills Limited(NAGC)	49.95 ▼ -5.55 (-10.00%)
Gulistan Sp. / Jan 23 Gulistan Spinning Mills Limited(GUSM)	10.92 ▼ -1.21 (-9.98%)
Fecto Cement / Jan 23 Fecto Cement Limited(FECTC)	105.20 ▼ -11.20 (-9.62%)
J.K.Spinning / Jan 23 J.K. Spinning Mills Limited(JKSM)	60.50 ▼ -6.14 (-9.21%)
Kohat Textile / Jan 23 Kohat Textile Mills Limited(KOHTM)	32 ▼ -3.13 (-8.91%)
Ruby Textile / Jan 23 Ruby Textile Mills Limited(RUBY)	6.67 ▼ -0.62 (-8.50%)
Sana Ind / Jan 23 Sana Industries Limited(SNAI)	28.60 ▼ -2.64 (-8.45%)
Faisal Sp. / Jan 23 Faisal Spinning Mills Limited(FASM)	340.01 ▼ -29.89 (-8.08%)
Calcorp Ltd / Jan 23 Calcorp Limited(CASH)	33.11 ▼ -2.82 (-7.85%)

Stock	Volume
Cnergyico PK / Jan 23 Cnergyico PK Limited(CNERGY)	141,910,406 ▲ 0.58
WorldCall Telecom / Jan 23 Worldcall Telecom Limited(WTL)	100,218,430 ▲ 0.10
Fauji Cement / Jan 23 Fauji Cement Company Limited(FCCL)	83,552,040 ▲ 2.32
Lotte Chemical / Jan 23 Lotte Chemical Pakistan Limited(LOTCHEM)	35,610,583 ▲ 0.74
Citi Pharma Ltd / Jan 23 Citi Pharma Ltd.(CPHL)	32,491,903 ▲ 8.59
Bank Makramah / Jan 23 Bank Makramah Limited(BML)	30,547,553 ▼ -0.11
Maple Leaf Cement / Jan 23 Maple Leaf Cement Factory Limited(MLCF)	26,406,513 ▲ 2.50
Fauji Foods Ltd / Jan 23 Fauji Foods Limited(FFL)	22,103,404 ▲ 0.45
D.G.K.Cement / Jan 23 D.G. Khan Cement Company Limited(DGKC)	16,695,919 ▲ 2.76

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