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Scotiabank

HSBC, Scotiabank hit with US penalties for recordkeeping violations

WASHINGTON: US regulators hit units of Bank of Nova Scotia and HSBC Holdings with civil penalties for widespread...

Published 15 May, 2023 06:41am

Business & Finance

Canadian dollar steadies

TORONTO: The Canadian dollar barely moved against its US counterpart on Thursday as oil prices dipped and domestic...

Published 26 Nov, 2021 05:15am

Markets

Dye & Durham appoints JPMorgan, Scotiabank as advisers for strategic review

There can be no assurance that the exploration of strategic alternatives will result in a transaction

Published 25 Jun, 2021 10:17am

Business & Finance

Sterling fails to hold on to gains

LONDON: Sterling fell against a strengthening dollar on Friday after data showed US consumer prices surged in April,...

Published 29 May, 2021 03:59am

Business & Finance

Early trade in NY: Dollar essentially unchanged

NEW YORK: The dollar on Monday held steady near recent lows as new restrictions in Asia to contain Covid-19 and ...

Updated 18 May, 2021 09:33am

Business & Finance

Dollar extends gains in Europe

LONDON: The US dollar extended gains on Tuesday, partially unwinding a month-long decline as risk appetite faded ...

Published 05 May, 2021 04:01am

Markets

Speculators’ bearish bets on US dollar rise

NEW YORK: Speculators’ net bearish bets on the US dollar rose in the latest week to a three-week high, according ...

Published 26 Apr, 2021 03:29am

Markets

China's yuan dips as Biden infrastructure plan lifts dollar

The global dollar index was at 93.231 on Thursday after touching a five-month high of 93.439 a day earlier.

Published 01 Apr, 2021 10:40am

Markets

Sterling dips as UK vaccination drive faces bump in the road

"The UK's vaccination campaign faces a bump in the road owing to the EU's plans to restrict vaccine exports," said Shaun Osborne, Chief FX Strategist at Scotiabank.

Updated 25 Mar, 2021 12:06am

Markets

Canadian dollar steadies near 3-year high ahead of Fed meeting

Canada's inflation report for February is due on Wednesday which can help guide expectations for the Bank of Canada interest rate outlook.

Published 16 Mar, 2021 11:05am

Markets

Canadian dollar gains as calmer bond market bolsters sentiment

Still, the central bank will likely manage tapering carefully to avoid triggering a "significant squeeze" higher in the Canadian dollar, Osborne said.

Published 03 Mar, 2021 10:17am

Business & Finance

Bank of Montreal, Scotiabank beat profit expectations, signal better times ahead

BMO shares rose 2.8% to C$104.68 in morning trading in Toronto, on track for their highest close since May 2019. Scotiabank shares increased 2.7% to C$74.01, heading for their best day in over a year.
Scotiabank took PCLs of C$764 million, compared with the expected C$928 million.

Published 23 Feb, 2021 09:03pm

Markets

Asian stocks and pound cheer Brexit, Alibaba slumps on monopoly probe

Investors largely shrugged off comments by US President Donald Trump that a nearly $900 billion stimulus bill, agreed upon after months of wrangling in Congress, was "a disgrace" that he might not sign.

Published 24 Dec, 2020 09:57am

Markets

Yuan eases to 1-week low on dollar bounce

China will maintain policy support for its economic recovery, avoiding a sudden shift in policy, to help keep economic growth within a reasonable range in 2021, the Xinhua news agency said on Friday.

Published 21 Dec, 2020 12:08pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

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