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Wall Street loses ground as chip, oil stocks plummet

NEW YORK: Wall Street slipped on Tuesday, with the tech-heavy Nasdaq leading the decline, as a slump in ...

Published 16 Oct, 2024 06:58am

Markets

Oil stocks send FTSE 100 to 7-week closing high

LONDON: The UK’s FTSE 100 closed at a seven-week high on Friday with a rebound in crude prices lifting shares of...

Published 11 Dec, 2023 06:41am

Markets

European shares end higher as oil stocks rebound

LONDON: European shares rose on Tuesday, lifted by rallying oil stocks after a rout in the previous session, as...

Published 23 Nov, 2022 05:55am

Markets

Oil stocks power FTSE 100

LONDON: The FTSE 100 jumped to a two-month high on Tuesday, as oil stocks bounced back following a bullish comment ...

Published 23 Nov, 2022 05:55am

World

Saudi energy minister says countries should not misuse oil stocks

RIYADH: Saudi Arabia’s energy minister Prince Abdulaziz bin Salman said on Tuesday some countries were using their...

Published 25 Oct, 2022 07:55pm

Markets

Defence, oil stocks lift London’s FTSE 100

LONDON: Defence and energy stocks led a recovery in UK’s blue-chip FTSE 100 from near three-week lows on ...

Published 22 Sep, 2022 06:41am

Markets

Oil stocks lift FTSE 100

LONDON: Britain’s top share index climbed on Monday as stable crude prices boosted oil stocks, while investors ...

Published 05 Jul, 2022 05:19am

Markets

European shares stumble

LONDON: European shares reversed early gains to skid on Thursday, as risks from a hawkish Federal Reserve and...

Published 08 Apr, 2022 05:28am

Markets

European stocks inch up

LONDON: European shares gained on Monday, led by automakers and defensive sectors, as hopes for a peace deal between...

Published 29 Mar, 2022 05:49am

Markets

India ready to tap national oil stocks

NEW DELHI: India is prepared to release additional crude from its national stocks in support of efforts by other...

Published 27 Feb, 2022 06:39am

Markets

India ready to tap national oil stocks further to tackle soaring prices

NEW DELHI: India is prepared to release additional crude from its national stocks in support of efforts by other...

Published 26 Feb, 2022 07:11pm

Markets

Oil stocks, GSK weakness pull FTSE 100 lower; Deliveroo jumps

• Deliveroo fourth-quarter order growth jumps • Premier Foods top midcap gainer on strong profit outlook •...

Published 21 Jan, 2022 05:27am

Markets

European shares end at one-week low as tech resumes its descent

European shares closed at a one-week low on Tuesday, with tech stocks losing the most as a rise in short-term U.S....

Published 18 Jan, 2022 10:38pm

World

Japan, India working on release of oil stocks after US request

TOKYO/NEW DELHI: Japanese and Indian officials are working on ways to release national reserves of crude oil in...

Published 23 Nov, 2021 03:54am

Markets

Europe’s STOXX 600 ends lower, halting record rally

LONDON: European shares ended lower on Thursday, weighed by weakness in commodity-related stocks amid declining oil...

Published 19 Nov, 2021 04:35am

OPEC+ rebuffs speedier oil output calls

LONDON: OPEC and its allies agreed at a meeting on Thursday to stick to plans to raise oil output by 400,000 barrels...

Updated 05 Nov, 2021 09:59am

Markets

Oil stocks weigh on FTSE 100; Darktrace slumps to 2-month low

LONDON: London’s FTSE 100 slipped on Wednesday as losses in heavyweight oil stocks and the stronger pound weighed,...

Published 04 Nov, 2021 04:32am

Markets

Oil stocks push European bourses higher

LONDON: European shares closed higher on Thursday as expectations of improving economic growth supported oil stocks,...

Published 03 Sep, 2021 04:58am

Markets

FTSE 100 flat

LONDON: London's FTSE 100 treaded water on Thursday as investors held back from making big bets ahead of the Bank of...

Published 06 Aug, 2021 04:18am

Markets

HSFO cash premiums climb, extend gains to multi-month highs

SINGAPORE: Cash premiums for cargoes of Asia's high-sulphur fuel oil (HSFO) extended gains on Thursday, buoyed by...

Published 06 Aug, 2021 04:18am

Markets

Strong earnings, dividend bonanza push FTSE 100 higher

LONDON: London’s FTSE 100 gained on Tuesday as a set of upbeat earnings results supported optimism around a faster...

Published 04 Aug, 2021 04:14am

Markets

Oil prices slip after rise in US crude oil stocks

"Volatility in energy remains elevated as traders grapple with short-term demand weakness from Delta variant concerns and expectations the crude deficits will last till the end of the year," said Edward Moya, senior analyst at OANDA.

Published 22 Jul, 2021 01:24pm

Markets

VSLFO market nudges higher

SINGAPORE: Asia's 0.5% very low-sulphur fuel oil (VLSFO) market nudged higher on Thursday as the cash differential...

Published 25 Jun, 2021 04:20am

Markets

Oil rises on US, Europe demand growth optimism

Demand boost in US, Europe bolsters sentiment.
Strong US economic outlook, weaker dollar also supportive.
India's soaring COVID-19 infections limit demand outlook.

Published 04 May, 2021 07:53pm

Markets

Asia fuel oil: VLSFO cash premium firms

SINGAPORE: Asia’s 0.5% very low-sulphur fuel oil (VLSFO) cash premium rose to a 1-1/2-month high of $1.58 a tonne...

Published 16 Apr, 2021 03:40am

Goodbye oil glut thanks to OPEC+ and recovery: IEA

PARIS: A glut in global oil markets is being worked off as the world economy begins to recover from the Covid-19...

Published 15 Apr, 2021 03:22am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 17	278.60
USD PKR Interbank Buying / Dec 17	278.60
USD to Japanese Yen / Dec 17	1.05
USD to Swiss Franc / Dec 17	0.90
Pound Sterling to USD / Dec 17	1.27
Euro to USD / Dec 17	154.09

Stock	Volume
S&P 500 / Dec 16	6,074.08
Nasdaq / Dec 16	20,173.89
Dow Jones / Dec 16	43,717.48
India Sensex / Dec 17	80,962.81
Tokyo Nikkei / Dec 17	39,364.68
Hang Seng / Dec 17	19,777.10
FTSE 100 / Dec 17	8,214.43
Germany DAX 30 / Dec 17	20,290.76

Item	Value
Gold 10 Grams PKR / Dec 16	243,059.70
Crude Oil USD/Barrel / Dec 17	70.82
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold Spot USD/Ounce / Dec 17	2,654.67
Cotton US¢/pound / Dec 17	69.11
Petrol/Litre / Dec 18	252.10

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Dec 17 Dadabhoy Cement Industries Limited(DBCI)	7.11 ▲ 1.00 (16.37%)
First Capital Equities / Dec 17 First Capital Equities Limited(FCEL)	6.74 ▲ 0.82 (13.85%)
Oilboy Energy / Dec 17 Oilboy Energy Limited(OBOY)	10.45 ▲ 1.00 (10.58%)
LSE Financial Serv. / Dec 17 LSE Financial Services Limited(LSEFSL)	18.32 ▲ 1.67 (10.03%)
Air Link Com. / Dec 17 Air Link Communication Limited(AIRLINK)	208.93 ▲ 18.99 (10.00%)
Data Agro / Dec 17 Data Agro Limited(DAAG)	126.58 ▲ 11.51 (10.00%)
Fazal Cloth / Dec 17 Fazal Cloth Mills Limited(FZCM)	179.55 ▲ 16.32 (10.00%)
Land Mark Spinning / Dec 17 Landmark Spinning Industries Limited(LMSM)	63.91 ▲ 5.81 (10.00%)
Pak Datacom / Dec 17 Pak Datacom Limited(PAKD)	94.49 ▲ 8.59 (10.00%)

Stock	Price
Tri-Star Power / Dec 17 Tri-Star Power Limited(TSPL)	5.51 ▼ -0.74 (-11.84%)
Gulshan Sp. / Dec 17 Gulshan Spinning Mills Limited(GSPM)	4.19 ▼ -0.51 (-10.85%)
Sanghar Sugar / Dec 17 Sanghar Sugar Mills Limited(SANSM)	32.02 ▼ -3.56 (-10.01%)
Aisha Steel (CPS) / Dec 17 Aisha Steel Mills Limited (CPS)(ASLCPS)	20.17 ▼ -2.24 (-10.00%)
Chakwal Spinning / Dec 17 Chakwal Spinning Mills Limited(CWSM)	53.72 ▼ -5.97 (-10.00%)
Leiner Pak Gelat / Dec 17 Leiner Pak Gelatine Limited(LPGL)	126.67 ▼ -14.07 (-10.00%)
Mari Petroleum / Dec 17 Mari Petroleum Company Limited(MARI)	809.76 ▼ -89.97 (-10.00%)
Quetta Textile / Dec 17 Quetta Textile Mills Limited(QUET)	17.73 ▼ -1.97 (-10.00%)
Fateh Ind. / Dec 17 Fateh Industries Limited(FIL)	120.57 ▼ -13.37 (-9.98%)

Stock	Volume
WorldCall Telecom / Dec 17 Worldcall Telecom Limited(WTL)	403,228,918 ▼ -0.06
Pak Elektron / Dec 17 Pak Elektron Limited(PAEL)	107,379,306 ▲ 3.33
Cnergyico PK / Dec 17 Cnergyico PK Limited(CNERGY)	59,584,754 ▼ -0.06
B.O.Punjab / Dec 17 The Bank of Punjab(BOP)	57,023,129 ▲ 0.59
Pak Refinery / Dec 17 Pakistan Refinery Limited(PRL)	55,947,968 ▲ 3.65
Sui South Gas / Dec 17 Sui Southern Gas Company Limited(SSGC)	42,917,218 ▲ 1.17
PIA Holding Co.Ltd / Dec 17 PIA Holding Company Limited(PIAHCLA)	36,337,248 ▲ 1.16
Fauji Foods Ltd / Dec 17 Fauji Foods Limited(FFL)	33,958,478 ▼ -0.28
Hub Power Co. / Dec 17 The Hub Power Company Limited(HUBC)	33,067,460 ▲ 11.97

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