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Treasury

Wall Street climbs as yields slip on jobless claims data

NEW YORK: The tech-heavy Nasdaq led gains on Wall Street on Thursday as a dip in Treasury yields supported megacap...

Published 09 Jun, 2023 06:20am

World

Sri Lanka says treasury running dry, cuts spending

COLOMBO: Bankrupt Sri Lanka announced on Tuesday sharp government spending cuts and warned it had barely enough...

Published 11 Jan, 2023 05:53am

Markets

Wall St rises on boost from growth stocks

NEW YORK: Wall Street’s main indexes rose on Wednesday, boosted by a rebound in growth stocks as US Treasury ...

Published 29 Dec, 2022 05:59am

Markets

Yields rise as Fed officials vow to fight hot inflation

NEW YORK: Treasury yields rose on Friday in a volatile week rocked by a Bank of England intervention that sent bond...

Published 03 Oct, 2022 05:52am

World

UK's Kwarteng favours outsider to run finance ministry, newspapers say

LONDON: New British finance minister Kwasi Kwarteng plans to name a civil servant who is a Treasury outsider to run...

Published 02 Oct, 2022 11:14pm

Markets

US MIDDAY: Gold retreats

NEW YORK: Gold prices fell on Thursday, giving up some gains from a more than 1% rise, as a bounce in the dollar...

Published 06 May, 2022 05:03am

Opinion

Aggressive Fed balance sheet runoff could jolt flattened yield curve

Investors are gauging whether comparatively quick balance sheet reduction by the Federal Reserve could perk up the...

Published 08 Apr, 2022 05:28am

Markets

Philippines rejects all bids at T-bill auction due to higher yields

MANILA: The Philippines' Bureau of the Treasury said it rejected all bids for T-bills at Monday's auction as banks...

Published 28 Feb, 2022 11:40am

Markets

US yields slide on month-end demand; curve steepens

NEW YORK: US Treasury yields fell across the curve on Friday on month-end buying, although this is likely a ...

Published 31 Jan, 2022 07:10am

Business & Finance

Dollar lower as Treasury yields slip

NEW YORK: The dollar came under pressure on Monday as US Treasury yields slipped following a blow to Democratic...

Published 21 Dec, 2021 04:14am

World

$590 mn ransomware payments reported to US in 2021: Treasury

WASHINGTON: Financial institutions reported to US authorities $590 million in ransomware-related payments in the...

Published 15 Oct, 2021 09:16pm

Markets

US stocks drop as inflation risk fans policy bets; USD pauses rally

NEW YORK: US stocks fell on Wednesday and two-year Treasury yields clung to 18-month highs after data showed...

Updated 13 Oct, 2021 09:00pm

Markets

Yields jump, 10-year tops 1.6pc for first time since June

CHICAGO: US Treasury yields hit multi-month highs on Friday in the wake of a weaker-than-anticipated September...

Published 11 Oct, 2021 04:32am

Business & Finance

US yields rise on potential rate hike

NEW YORK: US Treasury yields jumped again on Friday as a repricing of portfolios continues in the wake of the ...

Published 27 Sep, 2021 05:51am

Markets

US yields higher after inflation data

NEW YORK: The benchmark US 10-year Treasury yield rose on Friday following its biggest two day drop in about three...

Published 13 Sep, 2021 05:46am

Business & Finance

Dollar gains as yields hold near recent highs

NEW YORK: The dollar hit a one-week high against peers on Wednesday as U.S. Treasury yields held near the upper end...

Published 09 Sep, 2021 03:56am

Business & Finance

Italy working to clinch MPS sale without costs for bondholders

ROME: Italy's Treasury is working to sell state-owned Monte dei Paschi to bigger rival UniCredit under conditions...

Published 09 Aug, 2021 05:05am

Markets

Falling US bond yields may signal death knell for 'reflation' stock trade

NEW YORK: Stock investors are watching the dramatic moves in the Treasury market for clues on the fate of one of ...

Published 12 Jul, 2021 05:26am

Business & Finance

Two-year yields hit one-year highs, long-dated yields dip

Benchmark 10-year yields were last 1.553%, after reaching 1.594% on Wednesday.

Published 17 Jun, 2021 07:47pm

Markets

France keeps 2021 bond issuance steady despite higher deficit

It said it would keep debt issuance steady even though government is to submit a revised budget bill to parliament later on Wednesday that foresees a deficit of 220 billion euros, compared with the 173 billion expected previously.

Published 02 Jun, 2021 07:12pm

Business & Finance

Dollar to remain strong for at least another month

BENGALURU: The US dollar will remain strong for at least another month, according to a Reuters poll of foreign...

Published 05 Apr, 2021 03:56am

Business & Finance

U.S. Treasury's Yellen sees post-COVID growth, possible full employment in 2022

Yellen, in written testimony prepared for delivery to the U.S. House of Representatives Financial Services Committee, said that with passage of the $1.9 trillion American Rescue Plan Act,

Published 23 Mar, 2021 02:45pm

Markets

Treasury, IRS issue latest payment batch; many by check, debit card

The Treasury said electronic payments sent by direct deposit in the latest round of disbursements will have an official pay date of Wednesday, March 24, with some recipients seeing them in their bank accounts earlier as pending deposits.

Updated 23 Mar, 2021 05:09pm

Business & Finance

Investors turn short on most Asian currencies, cut long bets on yuan sharply

BENGALURU: Investors cut long bets sharply on the Chinese yuan while turning short on most other Asian currencies, a...

Published 15 Mar, 2021 05:22am

Markets

Wall street week ahead: Rising US bond yields pose new threat to sky-high stocks

NEW YORK: The US stock market has so far digested a surge in Treasury yields, but some investors are worried that a...

Published 22 Feb, 2021 04:25am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 26	278.42
USD PKR Interbank Buying / Dec 26	278.27
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03
France CAC40 / Dec 24	7,282.69
India Sensex / Dec 26	78,475.29

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Petrol/Litre / Dec 26	252.10
Karachi Cotton PKR/37.32 KG / Dec 26	17,785

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 26 First Capital Equities Limited(FCEL)	6.10 ▲ 1.00 (19.61%)
Sec. Inv. Bank / Dec 26 Security Investment Bank Limited(SIBL)	6.99 ▲ 1.00 (16.69%)
Next Capital / Dec 26 Next Capital Limited(NEXT)	9.90 ▲ 1.00 (11.24%)
Fauji Foods Ltd / Dec 26 Fauji Foods Limited(FFL)	16.45 ▲ 1.50 (10.03%)
Pak Gulf Leasing / Dec 26 Pak-Gulf Leasing Company Limited(PGLC)	15.81 ▲ 1.44 (10.02%)
Dewan Motors / Dec 26 Dewan Farooque Motors Limited(DFML)	42.21 ▲ 3.84 (10.01%)
Blue-Ex Ltd / Dec 26 Blue-Ex Limited (GEM)(GEMBLUEX)	44.96 ▲ 4.09 (10.01%)
Suhail Jute / Dec 26 Suhail Jute Mills Limited(SUHJ)	99.06 ▲ 9.01 (10.01%)
Altern Energy / Dec 26 Altern Energy Limited(ALTN)	22.65 ▲ 2.06 (10.00%)

Stock	Price
Jauharabad Sug / Dec 26 Jauharabad Sugar Mills Limited(JSML)	23.10 ▼ -2.57 (-10.01%)
Mughal Energy / Dec 26 Mughal Energy Limited(GEM)(GEMMEL)	18.45 ▼ -2.05 (-10.00%)
Fateh Ind. / Dec 26 Fateh Industries Limited(FIL)	120.56 ▼ -13.38 (-9.99%)
Olympia Mills / Dec 26 Olympia Mills Limited(OML)	36.01 ▼ -3.99 (-9.98%)
Popular Islamic / Dec 26 Popular Islamic Modaraba(PIM)	13.54 ▼ -1.50 (-9.97%)
Arctic Textile / Dec 26 Arctic Textile Mills Limited(ARCTM)	21.60 ▼ -2.37 (-9.89%)
Power Cem(Pref) / Dec 26 Power Cement (Pref)(POWERPS)	12.25 ▼ -1.22 (-9.06%)
Sanghar Sugar / Dec 26 Sanghar Sugar Mills Limited(SANSM)	24 ▼ -2.33 (-8.85%)
Equity Modaraba / Dec 26 First Equity Modaraba(FEM)	3 ▼ -0.29 (-8.81%)

Stock	Volume
WorldCall Telecom / Dec 26 Worldcall Telecom Limited(WTL)	127,408,831 ▼ -0.06
Fauji Foods Ltd / Dec 26 Fauji Foods Limited(FFL)	93,301,142 ▲ 1.50
TRG Pak Ltd / Dec 26 TRG Pakistan Limited(TRG)	46,900,564 ▲ 6.41
Sui South Gas / Dec 26 Sui Southern Gas Company Limited(SSGC)	33,559,500 ▼ -1.65
Cnergyico PK / Dec 26 Cnergyico PK Limited(CNERGY)	33,367,944 ▼ -0.16
K-Electric Ltd. / Dec 26 K-Electric Limited(KEL)	30,254,338 ▼ -0.19
B.O.Punjab / Dec 26 The Bank of Punjab(BOP)	30,003,113 ▼ -0.11
Hascol Petrol / Dec 26 Hascol Petroleum Limited(HASCOL)	27,155,152 ▲ 0.87
Aisha Steel Mill / Dec 26 Aisha Steel Mills Limited(ASL)	26,980,436 ▲ 0.09

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