Trends - Suez Canal - Business Recorder

Suez Canal

British maritime agencies report blast incidents near Yemen's Hodeidah

CAIRO: A ship's captain reported an explosion in the vicinity of the vessel located about 63 nautical miles ...

Updated 13 Aug, 2024 11:50am

World

Egypt’s Suez Canal income falls amid Yemen Houthi attacks

CAIRO: Egypt’s Suez Canal on Thursday reported a 23.4-percent drop in revenues attributed to disruptions in Red ...

Published 19 Jul, 2024 06:05am

World

UKMTO flags missile near vessel south of Yemen’s Aden

CAIRO: The captain of a merchant vessel reported a missile hitting the water near the ship 52 nautical miles south...

Published 26 Jun, 2024 11:22am

World

Houthi attacks cut Suez Canal revenue by 40-50%: Egypt’s Sisi

CAIRO: Egyptian President Abdel Fattah al-Sisi said Monday that revenues from the Suez Canal had “decreased by 40 to...

Published 19 Feb, 2024 08:18pm

Business & Finance

India’s small exporters reel as Red Sea crisis helps rivals nab business

NEW DELHI: Atul Jhunjhunwala, an exporter in the Indian eastern city of Kolkata, is tearing his hair out, having...

Published 16 Feb, 2024 12:40pm

World

More grain ships divert from Red Sea

HAMBURG: More ships carrying grain were diverted from the Suez Canal to routes around the Cape of Good Hope this ...

Published 03 Feb, 2024 05:46am

Markets

Russian oil flows through Red Sea still face lower risks

LONDON: Tankers carrying Russian oil have continued sailing through the Red Sea largely uninterrupted by Houthi...

Published 01 Feb, 2024 12:08pm

World

Walmart and Adidas cargo aboard, one ship’s voyage to avoid the Red Sea

LONDON: When the Maersk Tanjong set sail from Thailand on December 2, headed towards the Suez Canal to reach the...

Published 31 Jan, 2024 05:46pm

World

US, British forces carry out new strikes in Yemen

WASHINGTON: US and British forces carried out a fresh round of strikes on Monday in Yemen, targeting a Houthi...

Published 23 Jan, 2024 10:54am

World

Red Sea crisis seeps into German chemicals sector

FRANKFURT: Germany’s chemicals sector, Europe’s largest, is starting to feel the pinch from delayed shipments via...

Published 22 Jan, 2024 12:18pm

World

More grain ships divert from Red Sea after attacks

HAMBURG: Attacks on shipping in the Red Sea region have in past days led to a sharp rise in the number of grain...

Published 20 Jan, 2024 05:18am

World

Maersk hopes international interventions, naval presence will allow Red Sea transit to return

COPENHAGEN: Maersk hopes international interventions and a larger naval presence in the Red Sea will eventually lead...

Published 12 Jan, 2024 03:22pm

World

Oil tankers continue Red Sea movements despite Houthi attacks

HOUSTON: Oil and fuel tanker traffic in the Red Sea was stable in December, even though many container ships have...

Updated 09 Jan, 2024 09:02pm

World

Maersk continues to schedule Suez journeys despite Houthi attack

OSLO: Denmark’s Maersk still plans to sail more than 30 container vessels through the Suez Canal and the Red Sea in...

Published 02 Jan, 2024 12:28pm

Markets

Oil prices drift lower

LONDON: Oil prices fell more than 1% on Thursday as concerns eased about shipping disruptions along the Red Sea...

Published 29 Dec, 2023 02:58am

Business & Finance

Maersk schedules dozens of vessels to travel via Suez Canal

OSLO: Denmark’s Maersk has scheduled several dozen container vessels to travel via the Suez Canal and the Red Sea...

Published 28 Dec, 2023 04:52am

Markets

Oil rises on Middle East tensions and US rate cut hopes

LONDON: Oil extended gains on Tuesday, finding support from geopolitical tensions in the Middle East and investor...

Updated 26 Dec, 2023 10:19pm

Business & Finance

Shipping industry in the dark over US-led Red Sea navy force

LONDON: Shipping companies remain in the dark over a new international navy coalition being assembled by the United...

Published 21 Dec, 2023 03:54am

World

Suez canal authority monitoring tensions in Red Sea

DUBAI: Egypt’s Suez canal authority said on Sunday it was closely monitoring the impact of tensions in the Red Sea...

Published 18 Dec, 2023 06:42am

World

Israel-Qatar meet, raising prospects of Gaza hostage talks

Israel's offensive has killed close to 19,000 people, according to Gaza health authorities, and left thousands buried in the rubble

Updated 17 Dec, 2023 06:46pm

World

Yemen rebels threaten Israel-bound Red Sea ships

SANAA: Yemen’s Iran-backed Houthi rebels threatened on Saturday to attack any vessels heading to Israeli ports...

Updated 10 Dec, 2023 09:51pm

World

Fire engulfs police facility in Egypt’s Ismailia, 25 hurt

CAIRO: A huge fire erupted at a police facility in the Egyptian Suez Canal city of Ismailia early on Monday,...

Published 02 Oct, 2023 10:05am

World

Suez Canal ship traffic unaffected after tanker collision

CAIRO: Shipping traffic was flowing normally on Egypt’s Suez Canal on Wednesday, two shipping sources based in the...

Published 23 Aug, 2023 10:18am

World

Thousands of US sailors, Marines reach Red Sea after Iran tensions

DUBAI: More than 3,000 United States military personnel have arrived in the Red Sea aboard two warships, part of a...

Published 08 Aug, 2023 06:37am

World

Suez Canal tugboat sinks after collision with tanker

CAIRO: A Suez Canal tugboat has sunk after colliding with a Hong Kong-flagged LPG tanker in the strategically...

Published 06 Aug, 2023 03:18am

World

Suez Canal traffic resumes after broken down tanker tugged away

ISMAILIA, (Egypt): Egypt deployed three tugboats Sunday to tow away an oil tanker that had broken down and caused...

Published 05 Jun, 2023 03:27am

Business & Finance

Egypt’s Suez Canal nets $8bn in new annual record

CAIRO: Egypt’s Suez Canal Authority announced Wednesday an all-time annual revenue record, earning $8 billion in...

Published 30 Jan, 2023 06:33am

World

Egypt’s Suez Canal nets $8bn in new annual record

CAIRO: Egypt’s Suez Canal Authority announced Wednesday an all-time annual revenue record, earning $8 billion in...

Published 25 Jan, 2023 08:32pm

World

Another tanker briefly blocks Egypt’s Suez canal

CAIRO: An oil tanker briefly became stuck in Egypt’s Suez Canal on Wednesday night, officials announced, raising...

Published 01 Sep, 2022 09:56am

Business & Finance

Siemens Mobility wins $8.7bn high-speed rail deal in Egypt

BERLIN: Egypt has signed a contract with industrial manufacturing company Siemens’ rail and traffic unit and its...

Published 29 May, 2022 05:50am

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
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

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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