Trends - JPMorgan - Business Recorder

JPMorgan

Oil prices steady as markets weigh Fed rate cut expectations, Chinese demand

HOUSTON: Oil prices settled little changed on Friday as markets weighed Chinese demand and interest rate-cut...

Published 22 Dec, 2024 02:57am

Business & Finance

Indian banks’ credit risk from Adani exposure seems contained, JPMorgan says

MUMBAI/BENGALURU: Indian banks’ loan exposure to the embattled Adani Group seems “manageable” and any credit risk in...

Published 22 Nov, 2024 02:48pm

World

Europe’s vaccine makers fall as Trump picks RFK Jr to lead top US health agency

LONDON: Shares in European vaccine makers fell in early trade on Friday after US President-elect Donald Trump said...

Published 15 Nov, 2024 04:49pm

Markets

Dollar underpinned before US inflation data, Fed speakers

SYDNEY: The dollar edged higher on Monday as markets braced for US inflation data and a throng of Federal Reserve...

Published 11 Nov, 2024 10:08am

Markets

Strong bank earnings push S&P 500, Dow to record highs

NEW YORK: The S&P 500 and the Dow hit record highs on Friday, driven by gains in major banks following...

Published 12 Oct, 2024 06:17am

World

India probing EY’s ‘work environment’ after death of young employee

NEW DELHI: India is investigating the work environment at Big Four accounting firm EY, the labour minister said on...

Published 19 Sep, 2024 11:33pm

Pakistan

Aurangzeb engages with J.P. Morgan on investment opportunities in Pakistan

High-level huddle discusses interests of institutional investors exploring fixed-income investment opportunities in Pakistan

Updated 04 Sep, 2024 09:18pm

Technology

ByteDance eyes $9.5bn in record Asia dollar corporate loan, Bloomberg News reports

TikTok-owner ByteDance is tapping banks for a $9.5 billion loan that would be the biggest dollar-denominated...

Published 02 Sep, 2024 03:00pm

Markets

Indian bonds shrug off rising US Treasury yields

MUMBAI: Indian government bond yields were largely unchanged in early trade on Tuesday, showing a muted reaction to...

Published 02 Jul, 2024 10:12am

World

JPMorgan hires new chief technology officer: memo

NEW YORK: JPMorgan Chase hired former PayPal executive Sri Shivananda as its new chief technology officer (CTO), the...

Published 11 Jun, 2024 03:17am

Markets

India 10-year yield sees biggest spike in 8 months on poll results uncertainty

MUMBAI: Indian government bond yields jumped sharply, with the 10-year benchmark bond yield seeing its biggest surge...

Published 04 Jun, 2024 10:56am

Business & Finance

JPMorgan profit rises 6% even as interest income forecast falls short of predictions

JPMorgan Chase’s profit rose 6% in the first quarter, although its shares dropped after the bank’s forecast for its...

Published 12 Apr, 2024 07:21pm

Markets

Oil prices climb on supply risk

HOUSTON: The Brent and US West Texas Intermediate crude oil benchmarks rose more than $1 a barrel during trade on...

Published 07 Apr, 2024 03:01am

Business & Finance

JPMorgan bets on new wealth planning tool to draw investments

NEW YORK: JPMorgan Chase seeks to expand the reach of its wealth management business and bring in more investments ...

Published 29 Mar, 2024 04:45am

Business & Finance

JPMorgan appoints Rita Chan, Alan Ho as China co-senior country officers

SYDNEY: JPMorgan has appointed Rita Chan and Alan Ho as co-senior country officers for China, according to a memo...

Published 28 Mar, 2024 10:28am

Markets

Oil prices advance on tighter supply outlook

LONDON: Oil prices firmed on Thursday, following two consecutive sessions of decline, as investors saw a tighter...

Updated 28 Mar, 2024 05:41pm

Business & Finance

HSBC to hire almost 50 bankers for startup, venture lending in US

NEW YORK: HSBC is planning to recruit about 50 more bankers in its US commercial bank to lend to startup companies,...

Published 22 Mar, 2024 04:57am

Business & Finance

Global banking watchdog cracks down on big lenders gaming capital requirements

LONDON: Global banking regulators proposed measures on Thursday to crack down on the world’s biggest banks that game...

Published 08 Mar, 2024 03:14am

Business & Finance

Big firms with $7trn exit climate investment pressure group

NEW YORK: A pair of large investment companies with nearly $7 trillion in assets, said Thursday they exited a ...

Published 17 Feb, 2024 05:51am

Business & Finance

JPMorgan to open more than 500 new bank branches over next three years

NEW YORK: JPMorgan Chase said on Tuesday it was embarking on one of its most aggressive bank branch expansions in...

Published 06 Feb, 2024 05:15pm

Markets

Hong Kong stocks surge more than 3% on China support pledge

HONG KONG: Shares in Hong Kong and mainland China soared Tuesday as Beijing ramped up efforts to bolster the...

Published 06 Feb, 2024 12:11pm

Markets

Oil buoyed by US signals on interest rate cuts

LONDON: Oil prices edged higher on Thursday, boosted by the U.S. Federal Reserve signalling a possible start to...

Updated 01 Feb, 2024 05:31pm

BR Research

Oil prices: Resilient in tough times

The Red Sea remains a battle zone. Vessels are rerouting despite a heavy presence of naval fleets to counter the...

Published 24 Jan, 2024 07:46am

Business & Finance

JPMorgan profit shrinks

NEW YORK: JPMorgan Chase reported its best ever annual profit and forecast higher-than-expected interest income for...

Published 15 Jan, 2024 05:03am

Markets

S&P 500, Nasdaq climb as fresh data boosts rate-cut bets again

NEW YORK: The benchmark S&P 500 and the Nasdaq rose on Friday after services sector data pointing to a weaker...

Published 06 Jan, 2024 05:17am

Business & Finance

Foreign inflows into Indian bonds spike to 6-year high in 2023 before index inclusion

MUMBAI: Foreign investment in Indian government bonds saw a remarkable jump in the last three months of 2023, with...

Published 02 Jan, 2024 05:21am

Markets

Indian shares, bonds seen rallying in 2024 on continued foreign inflows

MUMBAI: The bull-run in Indian financial markets is likely to continue in 2024 as foreign interest remains robust,...

Published 01 Jan, 2024 05:40am

Business & Finance

Indian rupee falls for sixth straight year

MUMBAI: The Indian rupee’s decline in 2023 was the smallest in a six-year losing streak, while volatility hit...

Published 30 Dec, 2023 06:28am

Markets

Wall Street bank bosses warn lawmakers of economic toll from tough new rules

WASHINGTON: JPMorgan chief executive Jamie Dimon and other major banks warned lawmakers Wednesday that capital hikes...

Published 07 Dec, 2023 04:35am

Markets

US natural gas futures decline

NEW YORK: US natural gas futures dropped to their lowest in about two months on Friday and were set for a third...

Published 26 Nov, 2023 03:31am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

Markets →

Budget 2024-25: income tax calculator for FY25

JPMorgan

Most Popular