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US Federal Reserve

US consumer inflation accelerates in Nov

WASHINGTON: US consumer inflation ticked up for a second consecutive month in November, driven by food prices and...

Published 12 Dec, 2024 06:01am

Business & Finance

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

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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