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Robinhood

Robinhood shares dive 27.6pc

NEW YORK: Shares of Robinhood Markets Inc tumbled on Thursday, snapping a four-day winning streak, after the newly...

Published 09 Aug, 2021 05:05am

Markets

Robinhood turns higher on day

NEW YORK: Shares of Robinhood Markets Inc closed higher Friday, a day after the ARK Innovation ETF, managed by star...

Published 02 Aug, 2021 06:02am

Markets

Robinhood gives founders second chance at $1.4bn windfall

NEW YORK: Stock-trading app Robinhood Markets Inc is giving its billionaire founders four more years to hit share...

Published 12 Jul, 2021 05:26am

World

Robinhood to pay record fine in US over lapses

NEW YORK: Robinhood will pay a record $70 million in penalties to settle charges it harmed thousands of consumers...

Published 01 Jul, 2021 04:10am

Markets

Robinhood calls for changes to exchange pricing rules

NEW YORK: US securities rules should be changed to allow stock exchanges to quote bids and offers in price ...

Published 28 Jun, 2021 04:38am

Markets

Robinhood failed to disclose certain trade executions to public feed

NEW YORK: Retail brokerage Robinhood Financial did not report a certain type of stock trade it executed for ...

Published 12 Apr, 2021 03:59am

Business & Finance

Robinhood plans confidential IPO filing as soon as March - Bloomberg News

The California-based brokerage has held talks in the past week with underwriters about moving forward with a filing within weeks, Bloomberg said.

Published 27 Feb, 2021 10:29am

World

Clubhouse says reviewing data protection practices after report points to flaws

SHANGHAI: US audio app Clubhouse said it is reviewing its data protection practices, after a report by the Stanford...

Updated 14 Feb, 2021 09:57am

Business & Finance

Young, confident, digitally connected - meet America's new day traders

Tapping at an iPhone, Villalobos was playing his part in a surge of retail trading that unleashed chaos on the markets last week.
Robinhood says the average age of the 13 million users on its platform is 31.

Published 02 Feb, 2021 05:20pm

Business & Finance

Elon Musk, a new Wall Street oracle?

In a highly fragmented media landscape, Musk has mastered the art of using new technologies "to really stoke excitement," he said.

Published 02 Feb, 2021 10:52am

Business & Finance

Robinhood raises $1bn of fresh funding from existing investors

Robinhood's existing investors include venture capital firms Sequoia Capital and Ribbit Capital, who came together on Thursday night to offer the emergency funding.
We're pleased to share that we've raised over $1 billion from existing investors to continue to invest in record growth.

Published 29 Jan, 2021 09:11pm

Markets

Dollar gains as retail trading frenzy rattles investors

Despite the dollar's move higher this week, most analysts are sticking to their calls it will weaken in 2021 as the new US government implements massive fiscal spending while the Federal Reserve maintains its ultra-easy monetary policy.

Published 29 Jan, 2021 03:00pm

Markets

Stocks fall on long-short battle, European vaccine row

Oil prices were steady, sticking to ranges seen in the last three weeks, with stalled vaccine rollouts capping upward momentum.

Published 29 Jan, 2021 02:41pm

Markets

Asian equities rebound but short-squeeze nerves persist

"Fears of (People's Bank of China) de-leveraging could trigger the correction of China equities, and discourage capital inflow for China stock markets," said Mizuho's chief Asian FX strategist Ken Cheung.

Published 29 Jan, 2021 11:32am

Business & Finance

Facebook shuts popular stock trading group amid GameStop frenzy

Tran said institutional investors are trying to separate retail traders.

Published 29 Jan, 2021 11:09am

Markets

US stocks stage partial rebound from rout

Most topped expectations, but shares of these companies were mixed.

Published 29 Jan, 2021 09:52am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 7	280.17
USD PKR Interbank Buying / Mar 7	279.97
USD to Japanese Yen / Mar 7	148.06
USD to Swiss Franc / Mar 7	0.88
Pound Sterling to USD / Mar 7	1.29
Euro to USD / Mar 7	1.08
UK LIBOR % / Mar 6	4.96

Stock	Volume
S&P 500 / Mar 7	5,746.85
India Sensex / Mar 7	74,332.58
Tokyo Nikkei / Mar 7	36,887.17
Nasdaq / Mar 7	18,211.25
Hang Seng / Mar 7	24,231.30
FTSE 100 / Mar 7	8,679.88
Dow Jones / Mar 7	42,829.44
Germany DAX 30 / Mar 7	23,008.94
France CAC40 / Mar 7	8,120.80

Item	Value
Crude Oil USD/Barrel / Mar 7	67.03
Karachi Cotton PKR/37.32 KG / Mar 7	17,585
Gold 10 Grams PKR / Mar 7	263,203
Gold Spot USD/Ounce / Mar 7	2,916.80
Cotton US¢/pound / Mar 7	66.07
Petrol/Litre / Mar 9	255.63
Diesel/Litre / Mar 9	258.64

Gainers
Losers
Leaders

Stock	Price
Premier Insurance / Mar 7 Premier Insurance Limited(PINL)	5.49 ▲ 0.61 (12.5%)
Tariq Corp.Pref. / Mar 7 Tariq Corporation Limited-Preference Shares(TCORPCPS)	8.42 ▲ 0.92 (12.27%)
At-Tahur Ltd. / Mar 7 At-Tahur Limited(PREMA)	29.23 ▲ 2.66 (10.01%)
Ahmad Hassan / Mar 7 Ahmad Hassan Textile Mills Limited(AHTM)	59.40 ▲ 5.4 (10%)
Pak Datacom / Mar 7 Pak Datacom Limited(PAKD)	99.54 ▲ 9.05 (10%)
Apna Microfin. / Mar 7 Apna Microfinance Bank Limited(AMBL)	11.25 ▲ 1.02 (9.97%)
PIA Holding Co.B / Mar 7 PIA Holding Company Limited B(PIAHCLB)	827 ▲ 74.61 (9.92%)
Engro Poly(Pref / Mar 7 Engro Poly(Pref)(EPCLPS)	12.21 ▲ 1.1 (9.9%)
Masood Textile / Mar 7 Masood Textile Mills Limited(MSOT)	61 ▲ 5.45 (9.81%)
Pak Paper Prod / Mar 7 Pakistan Paper Products Limited(PPP)	183 ▲ 15.42 (9.2%)

Stock	Price
Int. Knit. / Mar 7 International Knitwear Limited(INKL)	17.89 ▼ -1.99 (-10.01%)
Ellcot Spinning / Mar 7 Ellcot Spinning Mills Limited(ELSM)	106.78 ▼ -11.86 (-10%)
Universal Ins. / Mar 7 The Universal Insurance Company Limited(UVIC)	9.01 ▼ -1 (-9.99%)
Unicap Modaraba / Mar 7 Unicap Modaraba(UCAPM)	3.05 ▼ -0.3 (-8.96%)
Power Cem(Pref) / Mar 7 Power Cement (Pref)(POWERPS)	13.15 ▼ -1.29 (-8.93%)
Pak. P.V.C. / Mar 7 Pakistan PVC Limited(PPVC)	8.28 ▼ -0.72 (-8%)
Agritech Limited / Mar 7 Agritech Limited(AGL)	54 ▼ -4.59 (-7.83%)
Invest Bank / Mar 7 Invest Capital Investment Bank Limited(ICIBL)	1.40 ▼ -0.1 (-6.67%)
Hafiz Ltd. / Mar 7 Hafiz Limited(HAFL)	265.06 ▼ -16.62 (-5.9%)
Reliance Cotton / Mar 7 Reliance Cotton Spinning Mills Limited(RCML)	480.36 ▼ -29.01 (-5.7%)

Stock	Volume
Fauji Cement / Mar 7 Fauji Cement Company Limited(FCCL)	57,186,347 ▲ 3.47
Pak Int.Bulk / Mar 7 Pakistan International Bulk Terminal(PIBTL)	48,305,211 ▼ -0.16
Sui South Gas / Mar 7 Sui Southern Gas Company Limited(SSGC)	23,565,729 ▲ 1.42
WorldCall Telecom / Mar 7 Worldcall Telecom Limited(WTL)	22,575,994 ▼ -0.01
Maple Leaf Cement / Mar 7 Maple Leaf Cement Factory Limited(MLCF)	22,361,248 ▲ 2.07
Oil & Gas Dev. / Mar 7 Oil & Gas Development Company Limited(OGDC)	18,047,822 ▲ 0.84
Pak Petroleum / Mar 7 Pakistan Petroleum Limited(PPL)	16,644,912 ▲ 2.4
At-Tahur Ltd. / Mar 7 At-Tahur Limited(PREMA)	14,546,590 ▲ 2.66
B.O.Punjab / Mar 7 The Bank of Punjab(BOP)	13,546,949 ▲ 0.1
P.S.O. / Mar 7 Pakistan State Oil Company Limited(PSO)	12,439,221 ▲ 24.96

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