Trends - metal - Business Recorder

metal

Lithium producers Allkem, Livent to combine in $10.6bn deal

NEW YORK: Lithium companies Allkem Ltd and Livent Corp said on Wednesday they will combine in an all-stock $10.6...

Published 11 May, 2023 05:54am

Technology

German software giant SAP to cut 3,000 jobs

FRANKFURT: German software giant SAP on Thursday said it planned to cut some 3,000 jobs this year, joining a wave of...

Published 26 Jan, 2023 02:49pm

Markets

Tin on rebound as China scoops up surplus metal

LONDON: Tin’s rollercoaster ride spins into the New Year, promising more thrills and spills after a tumultuous...

Published 25 Jan, 2023 06:25am

Markets

Tin must tame its wildness to meet coming demand surge

LONDON: The world is going to need another 50,000 tonnes of tin per year by 2030 to meet a looming surge in demand,...

Published 07 Dec, 2022 05:54am

Markets

Copper hits highest in over two weeks on easing of China Covid curbs

LONDON: Copper prices jumped to their highest in over two weeks on Friday in a volatile session as investors cheered...

Published 05 Dec, 2022 05:47am

Markets

Copper supported by hopes interest rates may soon peak

LONDON: Copper prices rose on Monday, supported by rising imports of the industrial metal by top consumer China and...

Published 09 Aug, 2022 03:37am

Markets

Gold prices decline

KARACHI: Gold prices on Wednesday saw a sizeable fall in the local market, traders said. Prices of the precious ...

Published 09 Jun, 2022 06:18am

Markets

Gold prices slightly up

KARACHI: Gold prices on Friday witnessed some momentum in the local market, traders said. The precious metal was...

Published 04 Jun, 2022 04:18am

World

US Justice Dept probes suspected manipulation of Platts benchmarks

WASHINGTON: The US Department of Justice is investigating suspected manipulation of energy pricing benchmarks...

Published 05 Oct, 2021 04:34am

Markets

London copper dips as investors await Jackson Hole meeting

The much-awaited Jackson Hole meeting could unveil plans to cut stimulus in the world's biggest economy and boost the dollar

Published 27 Aug, 2021 11:32am

Markets

Chinese nickel producer Jien halts cathode output

SHANGHAI: Jilin Jien Nickel, a nickel producer in northeast China, has halted output of nickel cathodes because they...

Published 24 Aug, 2021 05:02am

Markets

LME aluminium could test resistance at $2,626 this week

SINGAPORE: LME aluminium could test a resistance at $2,626 a tonne this week, a break above could lead to a gain at...

Published 24 Aug, 2021 05:02am

Markets

Copper rises after recent fall, set for biggest weekly loss in 2 months

Three-month copper on the London Metal Exchange rose 1% to $8,985.50 a tonne by 0302 GMT

Updated 20 Aug, 2021 11:53am

Markets

Gold in Asia

SINGAPORE: Spot gold may slowly drop towards a range of $1,687-$1,704 per ounce, driven by a wave C. This wave ...

Published 12 Aug, 2021 04:34am

Markets

Copper steadies after hitting 10-week low

LONDON: Copper steadied on Monday, having hit its lowest level since mid-April after moves by China to rein in...

Published 22 Jun, 2021 04:46am

Markets

Spot gold may test resistance at $1,919

This former resistance has turned into a strong support, which serves as a limit to a correction from the current level.

Published 31 May, 2021 11:33am

Markets

Copper prices sink

LONDON: Copper prices fell on Wednesday as rising inflation pushed investors into a risk-off sentiment, offsetting...

Published 20 May, 2021 04:26am

Markets

Spot gold may test resistance at $1,847

A break above the trendline would be a major victory of bulls, as it confirms a reversal of the downtrend from $2,072.50.

Published 10 May, 2021 11:14am

Markets

Copper hits 10-year peak

LONDON: Copper prices soared to 10-year highs on Monday as Chile supply concerns, sliding inventories, a weaker...

Published 27 Apr, 2021 03:02am

Markets

PMEX daily trading report

KARACHI: On Wednesday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 11.905...

Published 16 Apr, 2021 03:40am

Markets

Spot gold to rise to $1,746

The metal broke both the resistance and a falling trendline.

Published 05 Apr, 2021 08:53am

Markets

China’s aluminium imports underpin physical premium surge

LONDON: Japanese aluminium buyers have agreed to pay the highest premium in six years to get their metal in the...

Published 03 Apr, 2021 03:41am

Markets

Copper dips as stronger dollar offsets supply concerns

LONDON: Copper prices came under pressure on Thursday from a higher dollar and spiking US Treasury bond yields, but...

Published 19 Mar, 2021 05:32am

Markets

LME copper may rise towards Feb. 25 high of $9,617 this week

Strategically, the target of $9,617 will be confirmed when copper breaks $9,166. A break below $8,661 could cause a limited fall to $8,435.

Published 08 Mar, 2021 02:35pm

Markets

Spot gold may test support at $1,691

The break confirmed the continuation of the wave C towards its target zone.

Published 04 Mar, 2021 10:05am

Markets

Gold prices fall

KARACHI: Gold prices on Wednesday saw another fall on the local market, traders said on Wednesday. After a decline...

Published 18 Feb, 2021 04:08am

Markets

Platinum rally pauses in Asia

SINGAPORE: Platinum retreated from a near 6-1/2-year high in Asian trade on Tuesday as prices hit a technical...

Published 17 Feb, 2021 04:24am

Markets

Spot gold may retest support at $1,818

A further gain above $1,840, however, could indicate an extension of the uptrend from the Feb. 4 low of $1,784.76 towards $1,853-$1,875 range.

Published 16 Feb, 2021 11:19am

Markets

Gold prices fall

KARACHI: Gold prices on Thursday fell slightly on the local market, traders said. After a fall of Rs 200, the yellow...

Updated 12 Feb, 2021 11:46pm

Markets

Copper hovers near 8-year high as Chinese holiday starts

LONDON Copper took a breather on Thursday as Chinese markets closed for the week-long Lunar New Year holiday after...

Updated 12 Feb, 2021 11:47pm

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

metal

Most Popular