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Australia’s jobs market comes off the boil, rate cuts still elusive

SYDNEY: Australia’s employment growth slowed in October after a strong run, but the jobless rate stayed low and...

Published 14 Nov, 2024 11:14am

Markets

Dollar hits one-month peak to yen as Fed seen taking time with rate cuts

TOKYO: The dollar rose to a one-month high versus the yen on Thursday as robustness in the US jobs market backed the...

Published 03 Oct, 2024 10:14am

Markets

Dollar firm on Powell caution, kiwi bides time before rates decision

TOKYO: The dollar was on the front foot on Wednesday having rebounded from a three-week low after Federal Reserve...

Published 10 Jul, 2024 09:57am

Markets

Dollar on the defensive after soft data, little relief for yen

TOKYO: The dollar was on the back foot on Thursday after US economic data continued to point to slowing growth,...

Published 04 Jul, 2024 09:56am

Markets

Yen rallies on hints of BOJ policy shift

SINGAPORE: The yen extended its towering rally on Friday and marched toward its best week against the dollar in...

Published 08 Dec, 2023 10:06am

Markets

China’s yuan weakens on persistent property sector woes

SHANGHAI: China’s yuan weakened on Thursday against the US dollar, following data that showed persistent weakness in...

Published 16 Nov, 2023 10:21am

Markets

Yen’s fall toward multi-decade lows keeps markets on intervention watch

SINGAPORE: The battered yen was stuck near a three-decade low against the dollar on Tuesday, struggling to find a...

Published 14 Nov, 2023 09:59am

Markets

Oil prices decline

HOUSTON: Oil prices fell about 2% on Thursday, extending the previous session’s nearly 6% losses, as an uncertain...

Published 06 Oct, 2023 03:03am

Markets

Oil steadies as China fears counter tight US supply

Oil prices were little changed on Wednesday despite a large drawdown in U.S. crude oil stocks as investors weighed...

Updated 16 Aug, 2023 09:23pm

Markets

Dollar struggles before payrolls test; Aussie rebounds

TOKYO: The dollar hung back from a four-week high against major peers on Friday as investors looked ahead to a key...

Published 04 Aug, 2023 09:47am

Markets

Euro staggers as traders wary of hawkish ECB; dollar gains

SINGAPORE: The euro hit a two-week low on Tuesday as a worsening downturn in euro zone business muddied the bloc’s...

Published 25 Jul, 2023 10:02am

Industrial consumers: PLL, SSGC may be allowed to auction off unutilized capacity of LNG

ISLAMABAD: The government is likely to allow Pakistan LNG Limited (PLL) and Sui Southern Gas Company (SSGC) to...

Updated 25 Jul, 2023 10:04am

Markets

Yuan slides after China cuts lending benchmarks; Aussie down

SINGAPORE: The yuan slipped toward seven-month lows on Tuesday as China cut lending benchmarks, while the Australian...

Published 20 Jun, 2023 09:27am

Markets

Dollar dips ahead of US inflation data, central bank meetings

SINGAPORE: The dollar edged broadly lower on Tuesday but traded in a narrow range, as investors remained cautious...

Published 13 Jun, 2023 09:51am

Markets

Oil prices rise on bargain hunting as demand worries weigh

LONDON: Oil prices rose on Tuesday on apparent bargain hunting, recovering some ground from the previous day’s...

Updated 13 Jun, 2023 07:24pm

Markets

Oil leaps $4/bbl as OPEC+ surprises by cutting output target

BENGALURU: Oil prices jumped by more than $4 a barrel on Monday, headed for its biggest daily rise in nearly a year...

Updated 03 Apr, 2023 10:13pm

Markets

Oil rises on US crude draw, Iraqi supply risks

LONDON: Oil prices rose on Thursday as a surprise drop in US crude stockpiles and a halt in exports from Iraq’s...

Updated 30 Mar, 2023 06:18pm

Markets

Oil rises on demand hopes as banking fears ease

LONDON: Oil prices firmed on Friday as a meeting between Saudi Arabia and Russia calmed markets and after support...

Updated 17 Mar, 2023 05:02pm

Markets

Global bank shares sink over US fears

PARIS: The world’s biggest banks took a stock market beating on Friday as signs of trouble at a US regional lender...

Published 10 Mar, 2023 03:31pm

Markets

Dollar cautiously firm ahead of busy central bank week

SINGAPORE: The dollar firmed on Monday and distanced itself from an eight-month trough ahead of a slew of central...

Published 30 Jan, 2023 09:40am

Markets

Tokyo shares jump after US rallies

TOKYO: Tokyo stocks marked a three-day winning streak Tuesday as investors took heart from rallies on Wall Street...

Updated 24 Jan, 2023 12:39pm

Markets

Yen surges on BOJ policy shift speculations; dollar slides to seven-month low

SINGAPORE: The dollar fell to a seven-month low against major peers on Monday while the yen spiked to an over...

Published 16 Jan, 2023 10:33am

Markets

Dalian, Singapore iron ore futures down

MANILA: Dalian and Singapore iron ore futures slipped on Tuesday, with traders curbing optimism about China’s...

Published 14 Dec, 2022 05:57am

Markets

Japan’s yen jumps on suspected BOJ intervention, fails to keep gains

SINGAPORE: The Japanese yen made a thumping 4 yen jump for a second straight session on Monday on suspected early...

Published 24 Oct, 2022 09:44am

Markets

Global rice supplies at risk as harsh weather hits top exporters

SINGAPORE/MUMBAI: Adverse weather across top rice suppliers in Asia, including the biggest exporter India, is...

Published 05 Aug, 2022 03:01pm

Markets

Asian markets extend rally as rate hike fears subside

HONG KONG: Asian markets rallied again Monday, building on last week’s advances and following a strong performance...

Published 28 Jun, 2022 06:10am

Business & Finance

Australia, NZ dollars pause for breath

SINGAPORE: The Australian and New Zealand dollars were knocked from three-week highs on Tuesday as renewed global...

Published 01 Jun, 2022 05:53am

Markets

Tokyo stocks open lower with eyes on US Fed's minutes

TOKYO: Tokyo stocks opened lower on Wednesday, extending US falls as investors awaited minutes from a US Federal...

Published 06 Apr, 2022 12:01pm

Markets

Asian markets drop as Ukraine fears return, oil extends losses

HONG KONG: Asian markets fell Friday following a steep drop on Wall Street fuelled by renewed fears that Russia will...

Published 18 Feb, 2022 11:08am

Three banks join initiative for voluntary carbon market platform

LONDON: Three more banks have joined an initiative to develop a new platform for settling transactions of voluntary...

Published 16 Feb, 2022 06:20am

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

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