Trends - MUFG - Business Recorder

MUFG

Saudi Arabia’s PIF signs MoUs worth up to $51bn with Japanese banks

DUBAI: Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has signed five Memorandums of...

Published 31 Oct, 2024 08:04pm

Markets

Euro tumbles as Macron calls snap French election

NEW YORK: The euro fell sharply on Monday after gains by the far right in European Parliament elections on Sunday...

Published 11 Jun, 2024 03:17am

Business & Finance

Dollar poised for steep weekly fall

NEW YORK: The dollar headed toward one of its steepest weekly declines versus other major currencies this year on...

Published 18 Nov, 2023 06:03am

Business & Finance

Japan’s MUFG hikes rate on long-term deposits for first time in 12 years

TOKYO: MUFG Bank said on Wednesday it would raise interest rates on 10-year yen deposits for the first time since...

Published 01 Nov, 2023 04:47pm

Business & Finance

Sterling heads for second weekly gain, aided by UK support package

LONDON: Britain’s pound headed for a second weekly rise and was close to a one-month high on Friday, helped by a...

Published 28 May, 2022 05:11am

Markets

Gasoline margins jump

MANILA: Benchmark northwest European gasoline barge refining margins jumped on Thursday to over $19 a barrel as oil...

Published 15 Apr, 2022 05:29am

Markets

Dollar index touches 100 for first time in nearly two years

LONDON: The US dollar index strengthened to 100 for the first time in nearly two years on Friday, supported by the...

Published 08 Apr, 2022 02:05pm

Markets

Sterling stuck below 1-month high after inflation reading

LONDON: Sterling laboured below a one-month high on Wednesday as traders said a dip in September inflation was...

Published 20 Oct, 2021 02:08pm

Business & Finance

Mitsubishi UFJ pledges net zero emissions in finance portfolio by 2050

"In order to lead the way to solutions for climate change, one of the most serious issues facing the world, we will further expand support for customers' efforts towards decarbonisation," the statement said.
The bank will also aim for carbon neutrality in its own operations by 2030, it said. The lender will provide annual updates on its progress toward the 2050 target.

Published 17 May, 2021 09:54pm

World

Investors back off view that Fed could raise rates in late 2022

NEW YORK: US investors who had been betting the Fed would raise rates as early as the end of next year abruptly...

Updated 09 May, 2021 10:30am

Asia consumer business: DBS, StanChart weigh bids as Citi retreats

SINGAPORE: Banks including DBS Group, Mitsubishi UFJ Financial Group (MUFG), OCBC and Standard Chartered are set to...

Published 21 Apr, 2021 03:21am

Business & Finance

Dollar nurses losses in Europe

LONDON: The dollar nursed losses near a one-month low on Wednesday as strong demand at a US bond auction fuelled a...

Updated 15 Apr, 2021 10:07am

Business & Finance

Japan's regulators to check high-risk trades after Archegos

FSA, BOJ to scrutinise banks over Archegos losses – Nikkei.
Move underscores FSA's concern over huge losses at some banks.
Archegos-related losses caught many policymakers off-guard.

Published 07 Apr, 2021 05:36pm

Business & Finance

MUFG says to stick with some coal lending, even as green pressure mounts

Smaller rival Sumitomo Mitsui Financial Group Inc is considering halting new financing for any coal-fired power plants, without exceptions, Reuters previously reported.
"Realistically, it would be very difficult to eliminate all financing of transition projects, given Japan's energy situation," Hanzawa said.

Published 06 Apr, 2021 01:18pm

Business & Finance

Sterling strengthens

LONDON: The pound strengthened against the euro and dollar on Thursday, crossing the key 0.85 level versus the euro...

Published 02 Apr, 2021 04:58am

Markets

Sterling eases after strongest Q1 versus euro since 2015

Euro-sterling's downward trajectory stalled somewhat on Thursday after it came close to, but did not breach, the key 0.85 level in the previous session.
Versus the euro, it was down around 0.1% at 85.2 pence per euro.

Published 01 Apr, 2021 06:02pm

Business & Finance

Dollar up against majors in Europe

LONDON: The dollar held near its highest since November against major currencies on Friday, helped by optimism over...

Published 27 Mar, 2021 05:41am

Markets

Bank Muscat sells $500mn in 5-year bonds

It had given initial price guidance of between 5% and 5.125% for the bonds, another document also from one of the banks on the deal showed.

Published 11 Mar, 2021 12:06pm

Markets

Sterling weakens against resurgent dollar

US Federal Reserve Chair Jerome Powell failed to soothe investor concerns about a recent surge in borrowing costs as he spoke at a Wall Street Journal forum on Thursday, pushing the safe-haven dollar higher.
Sterling fell to a three-week low against the dollar, briefly dropping below $1.38. It was last down 0.6% at $1.3810.

Published 05 Mar, 2021 09:49pm

Business & Finance

Dollar struggles in Europe

LONDON: The US dollar was mired at a three-week low on Tuesday as growing optimism about the outlook of the global...

Updated 17 Feb, 2021 09:34am

Business & Finance

Dollar weakens in Europe

LONDON: The US dollar held near two-week lows on Monday, as optimism about COVID-19 vaccine rollouts and a planned...

Updated 16 Feb, 2021 09:32am

Markets

British vaccines push pound to highest since May against euro

Britain, where some 9 million people have been given their first dose of a vaccine, said it expected its supply of COVID-19 shots would not be interrupted.

Updated 02 Feb, 2021 09:44am

Business & Finance

US core capital goods orders underpinning business investment

WASHINGTON: New orders for key US-made capital goods increased for an eighth straight month in December, pointing to...

Updated 28 Jan, 2021 09:29am

Markets

Malaysian shares gain on rate cut hopes; Asian currencies firm

The Philippines, which has been battling one of the worst COVID-19 outbreaks in Southeast Asia, is set to buy 20 million doses of Moderna's COVID-19 vaccine.

Published 20 Jan, 2021 10:36am

Business & Finance

Dollar reaches one-month high in Europe

LONDON: The US dollar strengthened for a third consecutive day on Monday, reaching a four-week high, as risk ...

Published 19 Jan, 2021 04:22am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 31	278.65
USD PKR Interbank Buying / Dec 31	278.45
USD to Japanese Yen / Dec 31	156.20
USD to Swiss Franc / Dec 31	0.90
Pound Sterling to USD / Dec 31	1.26
Euro to USD / Dec 31	1.04

Stock	Volume
S&P 500 / Dec 30	5,906.94
Tokyo Nikkei / Dec 30	39,894.54
Nasdaq / Dec 30	19,486.79
Dow Jones / Dec 30	42,573.73
Germany DAX 30 / Dec 30	19,909.14
India Sensex / Dec 31	78,017.14
Hang Seng / Dec 31	20,059.95
FTSE 100 / Dec 31	8,125.32

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 30	17,785
Gold 10 Grams PKR / Dec 30	241,430.80
Petrol/Litre / Dec 31	252.10
Crude Oil USD/Barrel / Dec 31	71.59
Gold Spot USD/Ounce / Dec 31	2,605.88
Diesel/Litre / Dec 31	255.38

Gainers
Losers
Leaders

Stock	Price
Hira Textile / Dec 31 Hira Textile Mills Limited(HIRAT)	3.75 ▲ 0.45 (13.64%)
Pace (Pak) Ltd. / Dec 31 Pace (Pakistan) Limited(PACE)	8.33 ▲ 1.00 (13.64%)
Tariq Corp.Pref. / Dec 31 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7.88 ▲ 0.88 (12.57%)
Pak Int.Bulk / Dec 31 Pakistan International Bulk Terminal(PIBTL)	9.38 ▲ 1.00 (11.93%)
Gulshan Sp. / Dec 31 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.47 (11.75%)
Sec. Inv. Bank / Dec 31 Security Investment Bank Limited(SIBL)	9.99 ▲ 1.00 (11.12%)
LSE Financial Serv. / Dec 31 LSE Financial Services Limited(LSEFSL)	15.70 ▲ 1.43 (10.02%)
Sindh Abadgar / Dec 31 Sindh Abadgar's Sugar Mills Limited(SASML)	39.33 ▲ 3.58 (10.01%)
Ali Asghar / Dec 31 Ali Asghar Textile Mills Limited(AATM)	65.45 ▲ 5.95 (10.00%)

Stock	Price
First Capital Equities / Dec 31 First Capital Equities Limited(FCEL)	5.12 ▼ -0.98 (-16.07%)
Pak Agro Pack. (GEM) / Dec 31 Pak Agro Packaging Limited (GEM)(GEMPAPL)	7.60 ▼ -0.90 (-10.59%)
Nimir Resins / Dec 31 Nimir Resins Limited(NRSL)	30.76 ▼ -3.42 (-10.01%)
Frontier Ceram / Dec 31 Frontier Ceramics Limited(FRCL)	42.91 ▼ -4.77 (-10.00%)
Fateh Sports / Dec 31 Fateh Sports Wear Limited(FSWL)	78.50 ▼ -8.72 (-10.00%)
Khairpur Sug. / Dec 31 Khairpur Sugar Mills Limited(KPUS)	203.81 ▼ -22.65 (-10.00%)
Noon Sugar / Dec 31 Noon Sugar Mills Limited(NONS)	81.31 ▼ -9.03 (-10.00%)
Shahmurad Sugar / Dec 31 Shahmurad Sugar Mills Limited(SHSML)	425.82 ▼ -47.31 (-10.00%)
Gammon Pak / Dec 31 Gammon Pakistan Limited(GAMON)	45.59 ▼ -5.06 (-9.99%)

Stock	Volume
Cnergyico PK / Dec 31 Cnergyico PK Limited(CNERGY)	212,308,919 ▲ 0.42
WorldCall Telecom / Dec 31 Worldcall Telecom Limited(WTL)	111,551,930 ▼ -0.05
B.O.Punjab / Dec 31 The Bank of Punjab(BOP)	84,182,656 ▲ 0.28
Pace (Pak) Ltd. / Dec 31 Pace (Pakistan) Limited(PACE)	66,177,767 ▲ 1.00
Fauji Foods Ltd / Dec 31 Fauji Foods Limited(FFL)	55,597,038 ▲ 0.69
Pak Refinery / Dec 31 Pakistan Refinery Limited(PRL)	50,017,805 ▲ 3.54
Silk Bank Ltd / Dec 31 Silkbank Limited(SILK)	48,777,302 ▼ -0.02
K-Electric Ltd. / Dec 31 K-Electric Limited(KEL)	45,320,218 ▲ 0.24
Pak Elektron / Dec 31 Pak Elektron Limited(PAEL)	36,348,761 ▼ -0.91

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