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Russia ships rare naphtha cargo via North Sea Route to China

MOSCOW: Russia is shipping a rare naphtha cargo via the North Sea Route (NSR) as Moscow seeks to increase supplies...

Published 22 Aug, 2023 06:03am

Business & Finance

Belgium to sell part of BNP Paribas stake for more than $2bn

PARIS: Belgium is preparing the sale of a third of its 7.8% equity stake in BNP Paribas, the euro-zone’s biggest...

Published 06 Mar, 2023 06:22am

Markets

US natgas slides on warmer weather outlook

NEW YORK: US natural gas futures dropped 7% to a near 29-month low on Tuesday, weighed down by forecasts for milder...

Published 22 Feb, 2023 03:30am

Markets

Europe’s revenue growth expected to slow down in Q4

LONDON: Revenue at Europe’s largest companies is expected to have risen by just 0.9% in the fourth quarter,...

Published 30 Jan, 2023 05:56am

Business & Finance

Boeing reports loss, but also first positive cash flow since 2018

WASHINGTON: Boeing Co losses widened for 2022 on weakness in its defence unit but the US planemaker reported its...

Published 30 Jan, 2023 05:56am

Business & Finance

Halliburton tops Wall Street estimates as equipment remains fully booked

BENGALURU: US oilfield services firm Halliburton Co on Tuesday topped Wall Street profit estimates for its fourth...

Published 30 Jan, 2023 05:56am

Business & Finance

Chinese firms set for biggest earnings growth in 5 years

BENGALURU: Chinese companies are expected to report their highest earnings growth in five years, Refinitiv data...

Published 23 Jan, 2023 05:57am

Business & Finance

Ericsson quarterly earnings miss expectations

STOCKHOLM: Sweden’s Ericsson on Friday reported fourth-quarter core earnings that missed expectations for the ...

Published 23 Jan, 2023 05:57am

Markets

Gas starts to flow to Freeport LNG export plant in US

NEW YORK: Freeport LNG’s long-shut export plant in Texas started receiving natural gas from pipelines over the ...

Published 18 Jan, 2023 07:12am

Business & Finance

Nigerian, Kenyan, Zambian and Ugandan currencies seen weakening

NAIROBI: The Nigerian, Kenyan, Zambian and Ugandan currencies are seen weakening in the week to Thursday, due to...

Published 02 Jan, 2023 05:54am

Business & Finance

Russia likely to buy yuan on FX market in 2023

MOSCOW: Russia will start buying yuan on the currency market next year if oil and gas revenues meet expectations, ...

Published 23 Dec, 2022 05:54am

Opinion

Whoosh tests Russian IPO interest as foreign investors frozen out

Corporate Russia is watching closely this week as electric scooter firm Whoosh braves Russian economic isolation ...

Published 14 Dec, 2022 05:57am

Business & Finance

Analysts upgrade China’s 2023 earnings projections on hopes of reopening

SHANGHAI: Analysts have upgraded forecasts for Chinese corporate earnings in 2023, on expectations that its economy...

Published 05 Dec, 2022 07:30am

Markets

US natgas futures drop

NEW YORK: US natural gas futures dropped about 5% on Tuesday on forecasts for the weather to remain mild for the ...

Published 02 Nov, 2022 04:37am

Markets

US natgas futures rebound in choppy trade

NEW YORK: US natural gas futures rose in choppy trading on Monday, buoyed by technicals and slightly lower ...

Published 13 Sep, 2022 06:12am

Sri Lanka asks China to defer arrival of ship after India objects

COLOMBO: Sri Lanka has asked China to defer the planned visit of a Chinese survey ship to the island country after ...

Updated 08 Aug, 2022 09:40am

Business & Finance

Global firms warn of sluggish China demand due to lengthy Covid curbs

HONG KONG: Two months into harsh COVID-19 lockdowns that have choked global supply chains, China’s economy is...

Published 27 May, 2022 05:50am

Markets

Spot power prices fall on expected rise in wind power supply

PARIS: Spot power prices fell on Wednesday as wind generation was set to rise throughout the European region....

Published 17 Mar, 2022 04:53am

Markets

US natgas futures slip to one-week low

CHICAGO: U.S. natural gas futures slipped to a one-week low on Wednesday on forecasts for less cold and lower ...

Published 20 Jan, 2022 04:21am

Markets

VLSFO cracks

SINGAPORE: Asia’s front-month crack for 0.5% very low-sulphur fuel oil (VLSFO) slipped on Tuesday as feedstock...

Published 05 Jan, 2022 05:36am

Business & Finance

Apple breaches $3trn market value again

WASHINGTON: Apple Inc crossed $3 trillion in market value in early trading on Tuesday before slipping, after the...

Published 05 Jan, 2022 05:36am

Markets

Asia Distillates: Jet fuel cracks gain, cash premiums dip

SINGAPORE: Asian refining margins for jet fuel rose on Wednesday, while cash premiums for the aviation fuel dropped...

Published 23 Dec, 2021 04:23am

Markets

Asia Distillates: Gasoil cracks rise to near 4-week high

SINGAPORE: Asian refining margins for 10 ppm gasoil rose to a near four-week high on Thursday, amid ebbing Omicron...

Published 10 Dec, 2021 04:29am

Markets

Asia Distillates: Jet fuel cracks gain, Dec/Jan spread widens

SINGAPORE: Asia’s cash premiums for jet fuel rose on Wednesday, while the prompt-month spread for aviation fuel in...

Published 09 Dec, 2021 04:29am

Markets

Divest brown coal or risk losing out in renewables race

FRANKFURT/ DUESSELDORF: RWE risks falling behind in the fast growing and competitive renewables sector if it fails ...

Published 07 Dec, 2021 06:29am

Markets

US natgas extends slide as milder weather outlook prevails

NEW YORK: US natural gas futures extended declines to shed 7% on Tuesday, hurtling toward their worst month in about...

Published 01 Dec, 2021 03:52am

Markets

Asia distillates: Gasoil cracks linger near multi-week low

SINGAPORE: Asian refining margins for 10 ppm gasoil rose on Monday, but stayed within close sight of a more than...

Published 30 Nov, 2021 05:23am

Markets

VLSFO complex extends gains

SINGAPORE: Asia’s 0.5% very low-sulphur fuel oil (VLSFO) market complex extended gains on Tuesday, boosted by a...

Published 24 Nov, 2021 06:10am

Markets

European stocks hit record highs after rising for sixth day

PARIS: European stocks closed at a record high on Wednesday, rising for the sixth straight session, as positive...

Published 18 Nov, 2021 03:58am

Markets

VLSFO cash premium bid higher, crack dips

SINGAPORE: Asia’s 0.5% very low-sulphur fuel oil (VLSFO) cash premium climbed on Wednesday amid firming deal ...

Published 18 Nov, 2021 03:58am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 30	278.58
USD PKR Interbank Buying / Dec 30	278.43
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
FTSE 100 / Dec 30	8,121.01
Dow Jones / Dec 30	42,573.73
Germany DAX 30 / Dec 30	19,909.14
France CAC40 / Dec 30	7,313.56
India Sensex / Dec 31	78,017.14

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
Gulshan Sp. / Dec 31 Gulshan Spinning Mills Limited(GSPM)	4.63 ▲ 0.63 (15.75%)
Hira Textile / Dec 31 Hira Textile Mills Limited(HIRAT)	3.80 ▲ 0.50 (15.15%)
Pak Int.Bulk / Dec 31 Pakistan International Bulk Terminal(PIBTL)	9.38 ▲ 1.00 (11.93%)
Saritow Spinning / Dec 31 Saritow Spinning Mills Limited(SSML)	10.14 ▲ 1.00 (10.94%)
LSE Financial Serv. / Dec 31 LSE Financial Services Limited(LSEFSL)	15.70 ▲ 1.43 (10.02%)
Ali Asghar / Dec 31 Ali Asghar Textile Mills Limited(AATM)	65.45 ▲ 5.95 (10.00%)
Chakwal Spinning / Dec 31 Chakwal Spinning Mills Limited(CWSM)	64.67 ▲ 5.88 (10.00%)
Liven Pharma / Dec 31 Liven Pharma Limited(LIVEN)	150.54 ▲ 13.69 (10.00%)
Pak Paper Prod / Dec 31 Pakistan Paper Products Limited(PPP)	149.90 ▲ 13.63 (10.00%)

Stock	Price
Frontier Ceram / Dec 31 Frontier Ceramics Limited(FRCL)	42.91 ▼ -4.77 (-10.00%)
Khairpur Sug. / Dec 31 Khairpur Sugar Mills Limited(KPUS)	203.82 ▼ -22.64 (-10.00%)
Blue-Ex Ltd / Dec 31 Blue-Ex Limited (GEM)(GEMBLUEX)	43.35 ▼ -4.81 (-9.99%)
Olympia Mills / Dec 31 Olympia Mills Limited(OML)	36 ▼ -3.89 (-9.75%)
Shahmurad Sugar / Dec 31 Shahmurad Sugar Mills Limited(SHSML)	431.49 ▼ -41.64 (-8.80%)
IGI Life Ins / Dec 31 IGI Life Insurance Limited(IGIL)	14.52 ▼ -1.33 (-8.39%)
Supernet Ltd. / Dec 31 Supernet Limited (GEM)(GEMSPNL)	18 ▼ -1.55 (-7.93%)
Reliance Ins. / Dec 31 Reliance Insurance Company Limited(RICL)	11.30 ▼ -0.97 (-7.91%)
First Tri-Star Mod. / Dec 31 First Tri-Star Modaraba(FTSM)	13.30 ▼ -1.12 (-7.77%)

Stock	Volume
Cnergyico PK / Dec 31 Cnergyico PK Limited(CNERGY)	136,311,603 ▲ 0.50
WorldCall Telecom / Dec 31 Worldcall Telecom Limited(WTL)	111,551,930 ▲ 0.01
B.O.Punjab / Dec 31 The Bank of Punjab(BOP)	84,182,656 ▼ -0.04
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 ▲ 0.07
Fauji Foods Ltd / Dec 31 Fauji Foods Limited(FFL)	36,560,075 ▲ 0.74
Pak Elektron / Dec 31 Pak Elektron Limited(PAEL)	36,348,761 ▼ -0.44
Pak Int.Bulk / Dec 31 Pakistan International Bulk Terminal(PIBTL)	30,711,855 ▲ 1.00
Sui South Gas / Dec 31 Sui Southern Gas Company Limited(SSGC)	30,315,237 ▼ -0.82

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