Trends - Pound - Business Recorder

Pound

Pound set for worst weekly losses after budget jolt

LONDON: The pound stabilised on Friday after a volatile few sessions, but still headed for its longest stretch of...

Published 04 Nov, 2024 03:29am

Business & Finance

Sterling on track for 4-week of decline versus dollar

LONDON: The British pound steadied against the dollar on Friday but was set for its fourth consecutive week of...

Published 12 Aug, 2024 06:36am

Business & Finance

Sterling heads for best 2-week run since Nov

LONDON: The pound coursed towards its best two-week performance against the dollar in eight months on Friday, after...

Published 15 Jul, 2024 06:58am

Business & Finance

Sterling on track for weekly gain

LONDON: Sterling was on track for a weekly gain versus the dollar on Friday, as currency traders look ahead to key...

Published 20 May, 2024 05:44am

Business & Finance

Pound hits one-month low as BOE drops more rate cut hints

LONDON: The pound fell to its lowest so far this month on Friday, after data showed UK consumer spending stagnated ...

Published 25 Mar, 2024 05:47am

Opinion

Pakistani rupee: a wayward currency

Hard currencies like the US dollar, Euro, pound, are independent free floats, and their value contingent on demand...

Published 27 Nov, 2023 06:13am

Business & Finance

Dollar edges up vs pound, euro on Fed support

NEW YORK: The US dollar edged higher against the pound and the euro on Thursday, a day after the Federal Reserve ...

Published 22 Sep, 2023 03:33am

Business & Finance

Dollar slips; euro and pound rise

NEW YORK: The US dollar fell against most major currencies on Tuesday after better-than-forecast growth data from...

Published 19 Apr, 2023 06:36am

Markets

Dollar gains on pound and yen after upbeat US data

NEW YORK: The dollar rose against the pound and the yen on Monday after data showed that US services industry...

Published 06 Dec, 2022 05:58am

Business & Finance

Sterling edges up against dollar

LONDON: Sterling edged up against a weaker dollar on Monday, hovering near a three-month high, even as Britain’s...

Published 29 Nov, 2022 05:57am

Markets

Dollar slips as risk sentiment improves after Fed minutes

SINGAPORE: The US dollar was broadly weaker on Thursday as investors, encouraged the prospect of a slower pace of...

Published 24 Nov, 2022 09:30am

Business & Finance

Sterling climbs as dollar rally wanes

LONDON: The pound rose on Tuesday after falling in the previous session, as the dollar retreated following three ...

Published 23 Nov, 2022 05:55am

Business & Finance

Sterling hits 3-month high

LONDON: The pound hit three-month highs against the dollar on Tuesday, after last month’s US producer inflation...

Published 16 Nov, 2022 05:50am

Business & Finance

Sterling set for biggest daily gain since 2017

LONDON: Sterling was set for its biggest daily gain since January 2017 against a weakening US dollar on Thursday...

Published 11 Nov, 2022 05:54am

Markets

British pound extends recovery with 1% dollar gain

LONDON: The pound recovered further Wednesday, jumping more than one percent against the dollar, as markets welcomed...

Published 26 Oct, 2022 02:46pm

Business & Finance

Sterling posts sharp gains; dollar down against most currencies

LONDON/NEW YORK: Sterling gained in volatile trading on Thursday, as the US dollar fell against some currencies, ...

Published 30 Sep, 2022 05:52am

Business & Finance

Dollar pauses for breath as fragile pound edges up

NEW YORK/LONDON: The dollar took a pause on Tuesday in what has been a relentless climb higher while sterling as ...

Published 28 Sep, 2022 05:51am

Business & Finance

Pound falls to 37-year low

LONDON: Sterling marked the 30th anniversary of “Black Wednesday” by falling to a fresh 37-year low against the...

Published 19 Sep, 2022 05:45am

Markets

U.S. dollar soars to 24-year high vs yen, 37-year peak vs sterling

LONDON/NEW YORK: The dollar surged to a 24-year peak against the yen and a 37-year high versus sterling as Japan's...

Published 07 Sep, 2022 08:08pm

Business & Finance

Sterling steadies after bruising week, markets await new PM

LONDON: The pound steadied on Friday as some calm returned at the end of a bruising week in which concerns about the...

Published 05 Sep, 2022 06:04am

Opinion

Market mayhem awaits Britain’s new leader

Liz Truss, on course to become Britain’s prime minister on Monday, looks set to walk straight into a financial...

Published 03 Sep, 2022 04:25am

Business & Finance

Sterling slides below $1.15 for first time since 2020

LONDON: Sterling skidded against the dollar on Thursday to its lowest level since March 2020 as storm clouds ...

Published 02 Sep, 2022 06:00am

Business & Finance

Sterling on track for worst week since September 2020

LONDON: The British pound is set to record its worst weekly loss versus the dollar since September 2020, as ...

Published 22 Aug, 2022 06:33am

Business & Finance

Sterling slammed as BoE delivers big rate hike but warns of long recession

LONDON: Sterling fell on Thursday after the Bank of England raised interest rates by the most in 27 years as it ...

Published 05 Aug, 2022 06:27am

Markets

SBP to enhance monitoring of foreign exchange operations

Says it has started inspections of a number of exchange companies and banks since Monday

Updated 03 Aug, 2022 08:24pm

Business & Finance

Sterling loses steam

LONDON: The British pound weakened against the dollar on Tuesday as traders turned to safe-haven currencies amid...

Published 03 Aug, 2022 04:55am

Business & Finance

Pound struggles around $1.20

LONDON: Sterling held around the $1.20 level versus the US dollar on Monday as traders worried about the outlook of...

Published 26 Jul, 2022 04:31am

Business & Finance

Weak pound hits two-week low vs euro after oversized ECB hike

LONDON: The British pound hit a two-week low against the euro on Thursday after a larger-than-expected rate hike ...

Published 22 Jul, 2022 06:07am

Business & Finance

Pound rallies vs dollar

LONDON: Sterling strengthened against a broadly struggling dollar but fell against a firmer euro on Tuesday, with...

Published 20 Jul, 2022 05:48am

Business & Finance

Improved risk appetite lifts sterling 1.3pc vs weakening dollar

LONDON: Sterling surged more than 1% against a weakening US dollar on Monday supported by improved risk sentiment as...

Published 19 Jul, 2022 06:00am

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
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

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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