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US dollar gains after inflation data

NEW YORK: The US dollar gained on Friday after data showed a key inflation measure came in line with forecasts, ...

Published 31 Aug, 2024 06:55am

Markets

Asian markets advance after record rallies

HONG KONG: Asian shares climbed Friday following a day of record highs in Japanese, US and European markets after...

Published 23 Feb, 2024 09:44am

Markets

Oil set for weekly decline with Fed in no rush to cut interest rates

LONDON: Oil prices fell on Friday and were on track for a weekly decline after the U.S. central bank indicated that...

Updated 23 Feb, 2024 06:26pm

Business & Finance

Fed divided on risk of cutting rates too soon

WASHINGTON: The US Federal Reserve was divided in January over the risks of cutting interest rates too soon or too...

Published 23 Feb, 2024 06:36am

Markets

Deutsche Bank flags cost cuts as investment bank slump lowers profit

FRANKFURT: Deutsche Bank on Wednesday posted a 27% fall in second-quarter profit as investment banking revenue...

Published 26 Jul, 2023 12:31pm

Markets

Hong Kong stocks drop ahead of Fed

HONG KONG: Hong Kong shares ended slightly lower Wednesday, the day after a more than four percent surge, with...

Updated 26 Jul, 2023 02:55pm

Markets

US Federal Reserve likely to lift interest rates to 22-year high

WASHINGTON: The US Federal Reserve is poised to announce a fresh quarter percentage-point hike to its benchmark...

Updated 26 Jul, 2023 12:51pm

Markets

The fall continues: rupee settles at 288.52 against US dollar

Currency depreciates 0.21% in the inter-bank market for its eighth successive finish in the red

Updated 25 Jul, 2023 07:01pm

Markets

Euro staggers as traders wary of hawkish ECB; dollar gains

SINGAPORE: The euro hit a two-week low on Tuesday as a worsening downturn in euro zone business muddied the bloc’s...

Published 25 Jul, 2023 10:02am

Markets

Indian shares open higher tracking Asian peers

BENGALURU: Indian shares opened higher on Tuesday, tracking Asian peers on China’s pledge to provide policy support...

Published 25 Jul, 2023 09:55am

Business & Finance

BlackRock beats profit estimates on robust inflows

NEW YORK: BlackRock Inc on Friday beat second-quarter profit estimates, as investors continued to pour money into ...

Published 17 Jul, 2023 03:47am

Business & Finance

US Fed accepts SVB regulatory failings in second day of hearings

WASHINGTON: US regulators charged with overseeing Silicon Valley Bank before its collapse this month said Wednesday...

Published 29 Mar, 2023 08:49pm

Business & Finance

Economists expect US recession, above-target inflation this year

WASHINGTON: The United States will likely enter a recession this year and face high inflation well into 2024, a...

Published 27 Mar, 2023 11:37am

Markets

Indian shares open higher as SVB acquisition hopes aid sentiment

BENGALURU: Indian shares opened higher on Monday after reports of advanced talks for the acquisition of collapsed...

Published 27 Mar, 2023 10:01am

Markets

China, HK stocks extend rally as banking fears ease

HONG KONG: China and Hong Kong stocks rallied for a second day after US banking stocks rebounded overnight on hopes...

Published 23 Mar, 2023 05:47am

Markets

Oil rises for third day as interest rate concerns ease

LONDON: Oil rose for a third straight day on Wednesday as investor concern over U.S. interest rates eased somewhat...

Updated 08 Feb, 2023 08:00pm

World

Fed seen hiking policy rate above 5% as hiring surges

The U.S. Federal Reserve is likely to need at least two more interest-rate hikes, lifting the benchmark rate to...

Published 03 Feb, 2023 09:14pm

Markets

Nasdaq jumps more than 2% on Meta surge, Fed relief

The Nasdaq rose more than 2% on Thursday to hit a near five-month intra-day high as Meta Platforms surged on...

Published 02 Feb, 2023 09:08pm

World

Fed’s Powell says no rate cuts this year, and markets hear it differently

Federal Reserve Chair Jerome Powell had a clear message on Wednesday: as “gratifying” as it is that inflation has...

Published 02 Feb, 2023 04:28pm

Markets

Wall Street dips as Fed decision looms; AMD boosts chipmakers

US stock indexes fell on Wednesday ahead of the Federal Reserve's decision on interest rates later in the day, while...

Published 01 Feb, 2023 10:29pm

Business & Finance

US Fed unveils smaller rate hike but signals inflation fight not over

WASHINGTON: America's Federal Reserve slowed its pace of interest rate hikes Wednesday, tempering an aggressive...

Updated 02 Feb, 2023 12:31am

Markets

Easing inflation worries lift Wall Street ahead of Fed decision

NEW YORK: US stocks rose on Tuesday as labour cost data indicated that the Federal Reserve’s aggressive approach ...

Published 01 Feb, 2023 07:31am

Markets

Indian rupee likely to climb past 81/USD on dollar slide, upbeat risk

MUMBAI: The Indian rupee was expected to open higher against the US currency on Monday, tracking a further retreat...

Published 23 Jan, 2023 11:04am

Markets

Euro clears 9-month peak as ECB hawks let fly

SYDNEY: The euro scaled a nine-month high on the dollar on Monday as more hawkish comments on European interest...

Published 23 Jan, 2023 10:32am

Markets

Gold eases as dollar ticks up

NEW YORK: Gold prices edged lower on Friday as the dollar firmed, although hopes of slower rate hikes from the US...

Published 23 Jan, 2023 08:07am

Markets

Wall St subdued as signs of tight labour market fuel rate hike concerns

New YORK: Wall Street’s main indexes were subdued on Wednesday as data showed US job openings fell less than...

Published 05 Jan, 2023 05:58am

Business & Finance

Financials drag Indian shares 1pc lower

BENGALURU: Indian shares fell about 1% on Wednesday, with financials and metals leading a broad-based retreat as...

Published 05 Jan, 2023 05:58am

Markets

Gold extends gains as dollar dips after US jobs data

NEW YORK: Gold edged higher on Thursday, helped by a dip in the dollar as initial unemployment claim data pointed to...

Published 30 Dec, 2022 05:50am

Markets

Gold eyes best week since March on hopes of less aggressive Fed

Gold prices eased on Friday, but were set for their biggest weekly gain in more than eight months, as US data...

Published 11 Nov, 2022 10:00am

Markets

Gold climbs 2pc

NEW YORK: Gold prices jumped 2% to a more than two-month high on Thursday as data showed US inflation cooled off a...

Published 11 Nov, 2022 05:54am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 1	278.03
USD PKR Interbank Buying / Jan 1	277.78
USD to Japanese Yen / Jan 1	154.92
USD to Swiss Franc / Jan 1	0.88
Pound Sterling to USD / Jan 1	1.26

Stock	Volume
India Sensex / Jan 1	77,137.20
Tokyo Nikkei / Jan 1	38,026.17
Hang Seng / Jan 1	19,620.49
FTSE 100 / Jan 1	8,069.57
Germany DAX 30 / Jan 1	18,942.65

Item	Value
Petrol/Litre / Jan 1	248.38
Crude Oil USD/Barrel / Jan 1	69.38
Karachi Cotton PKR/37.32 KG / Jan 1	17,785
Gold 10 Grams PKR / Jan 1	238,340
Gold Spot USD/Ounce / Jan 1	2,662.71
Diesel/Litre / Jan 1	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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