Trends - SVB bank - Business Recorder

SVB bank

European equities rebound on SVB sale

LONDON: European stock markets rebounded slightly Monday after US lender First Citizens bought most of collapsed...

Updated 27 Mar, 2023 05:13pm

World

Yellen chairs closed US Financial Stability Oversight Council meeting

WASHINGTON: U.S. Treasury Secretary Janet Yellen will chair a closed meeting of the Financial Stability Oversight...

Published 24 Mar, 2023 08:19pm

Markets

Fed delivers small rate hike, says 'some additional' tightening possible

Raises interest rates by a quarter of a percentage point

Published 22 Mar, 2023 11:13pm

Business & Finance

SVB Financial seeks bankruptcy protection for reorganization

SVB Financial Group said on Friday it filed for a court-supervised reorganization under Chapter 11 bankruptcy...

Published 17 Mar, 2023 06:37pm

Markets

Japan govt, BOJ officials to discuss markets after SVB collapse

TOKYO: Japan’s Ministry of Finance (MOF), Financial Services Agency and Bank of Japan (BOJ) said on Friday their...

Published 17 Mar, 2023 12:22pm

Markets

S&P says SVB fallout won’t lead to rating actions on APAC banks

Ratings agency S&P on Thursday said the fallout from Silicon Valley Bank’s collapse may not lead to any rating...

Published 16 Mar, 2023 03:06pm

Markets

Shares of US regional banks lick wounds after SVB-fueled rout

Shares of U.S. regional banks rose in premarket trading on Tuesday after suffering double-digit losses over the past...

Published 14 Mar, 2023 05:29pm

Markets

JPMorgan, other big US banks flooded with new clients post SVB collapse

A wave of customers have applied to shift their accounts to large US banks such as JPMorgan Chase & Co and...

Published 14 Mar, 2023 02:13pm

Markets

Moody’s downgrades Signature Bank to junk, places six US banks under review

Ratings agency Moody’s on Monday downgraded the debt ratings of collapsed New York-based Signature Bank deep into...

Published 14 Mar, 2023 11:40am

Markets

Global bank stock rout deepens as SVB collapse fans crisis fears

Shockwaves from the collapse of Silicon Valley Bank further pounded global bank stocks on Tuesday as assurances from...

Published 14 Mar, 2023 11:20am

Business & Finance

First Republic dives as fresh financing fails to soothe deposit outflow fears

First Republic Bank’s shares plunged on Monday as news of fresh financing failed to assuage investor fears of...

Published 13 Mar, 2023 08:08pm

Business & Finance

SVB Financial mulls strategic options

Defunct startup-focused lender SVB Financial Group said on Monday that it was planning to explore strategic...

Published 13 Mar, 2023 06:15pm

Markets

Credit Suisse shares sink 14% to new record low

ZURICH: Credit Suisse shares plunged by more than 14 percent on Monday to hit a new historic low, as the markets...

Published 13 Mar, 2023 03:44pm

Markets

Dollar slides as US intervenes on SVB collapse

SINGAPORE: The US dollar slid on Monday as authorities stepped in to cap the fallout from the sudden collapse of...

Published 13 Mar, 2023 10:26am

Markets

JPMorgan, PNC among suitors for SVB Financial in deal excluding SVB Bank

JPMorgan Chase & Co and PNC Financial Service Group Inc are among those in talks about acquiring SVB Financial...

Published 13 Mar, 2023 10:21am

World

Working to address SVB collapse, but not looking at bailout: Yellen

WASHINGTON: U.S. Treasury Secretary Janet Yellen on Sunday said she was working closely with banking regulators to...

Published 12 Mar, 2023 06:45pm

World

British tech sector ‘at serious risk’ after SVB collapse: govt

LONDON: Britain’s technology and life sciences sectors are at “serious risk” following the closure of the Silicon...

Published 12 Mar, 2023 06:01pm

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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