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US consumer

Dollar eases after US data

NEW YORK: The dollar eased broadly on Thursday after US data suggested upward price pressures continue to ease,...

Published 01 Nov, 2024 06:51am

Markets

Wall St Week Ahead: Health of US consumer in focus as earnings season heats up

NEW YORK: The health of the US consumer moves into the spotlight next week, with investors watching corporate...

Published 14 Oct, 2024 06:24am

Business & Finance

US monthly inflation slows; consumer spending surges

WASHINGTON: US prices increased less than expected in February, with the cost of services outside housing and energy...

Published 30 Mar, 2024 07:30am

Business & Finance

US consumer inflation up unexpectedly in February

WASHINGTON: Consumer inflation posted a surprise acceleration in February, US government data showed Tuesday, a...

Published 13 Mar, 2024 06:32am

Business & Finance

US consumer confidence falls ahead of Fed decision

WASHINGTON: US consumer confidence fell more than many predicted in April, fueled by a deterioration in expectations...

Published 26 Apr, 2023 06:15am

Business & Finance

Dollar trims gains vs euro after US inflation data

NEW YORK: The dollar pared gains against the euro on Friday after US data showed personal consumption expenditure...

Published 03 Apr, 2023 06:36am

Business & Finance

US consumer confidence rises as Americans shrug off bank failures

WASHINGTON: US consumer confidence unexpectedly increased in March despite recent financial market turmoil sparked...

Published 30 Mar, 2023 06:35am

World

US consumer spending falls; inflation cooling

WASHINGTON: US consumer spending fell in December, putting the economy on a lower growth path heading into 2023,...

Published 27 Jan, 2023 07:13pm

Markets

Gulf stocks up despite weak Oil, US consumer data

DUBAI: Most major Gulf equities recovered early losses to close slightly higher on Thursday as investors in the...

Published 20 Jan, 2023 06:10am

Markets

Copper drifts lower

LONDON: Copper slid on Friday as bullish investors shed long positions while the dollar strengthened and top metals...

Published 30 Oct, 2022 03:57am

Business & Finance

US consumer watchdog plans to regulate ‘buy-now, pay-later’ companies

NEW YORK: The US Consumer Financial Protection Bureau (CFPB) plans to start regulating “buy-now, pay-later”...

Published 16 Sep, 2022 06:04am

World

US consumer spending misses expectation in July; inflation slows

WASHINGTON: US consumer spending barely rose in July, but inflation eased considerably, which could give the Federal...

Published 26 Aug, 2022 07:11pm

Business & Finance

Dollar resumes slide as stock markets tentatively pick up

LONDON: The US dollar resumed its slide on Monday as risk appetite across markets tentatively strengthened, ...

Published 31 May, 2022 05:11am

Business & Finance

US consumer confidence rebounds; job openings near record high

WASHINGTON: US consumer confidence rebounded from a one-year low in March amid growing labor market optimism, but...

Published 30 Mar, 2022 06:08am

Business & Finance

Dollar eases from 16-month high as investors await fresh data

NEW YORK: The dollar eased against its major peers on Monday, but remained near its 16-month high hit last week on...

Published 16 Nov, 2021 04:26am

Markets

Saudi market shrugs off China data as most Gulf bourses retreat

LONDON: Saudi Arabia's stock market outperformed its regional peers on Tuesday, while most other Gulf bourses...

Published 01 Sep, 2021 03:59am

Business & Finance

US consumer prices post largest gain in 13 years; inflation has likely peaked

WASHINGTON: US consumer prices increased by the most in 13 years in June amid supply constraints and a continued...

Published 14 Jul, 2021 03:59am

Markets

Banks, tech stocks propel S&P 500 to new highs

Morgan Stanley jumps on surprise dividend hike.
Textron gains as Morgan Stanley upgrades to 'overweight'.
Indexes: Dow up 0.38%, S&P rises 0.13%, Nasdaq dips 0.10%.

Updated 29 Jun, 2021 08:14pm

Business & Finance

US consumer spending rebounds; inflation warming up

WASHINGTON: US consumer spending rebounded in March amid a surge in income as households received additional ...

Published 01 May, 2021 03:28am

World

US consumer spending, income rebound in March

Consumer spending, which accounts for more than two-thirds of US economic activity, increased 4.2% last month after falling 1.0% in February, the Commerce Department said on Friday.
Personal income jumped 21.1% after declining 7.0% in February. Economists polled by Reuters had forecast consumer spending increasing 4.1% and income surging 20.3%.

Published 30 Apr, 2021 06:22pm

World

US consumer confidence vaults to 14-month high in April

The Conference Board said on Tuesday its consumer confidence index raced to a reading of 121.7 this month. That was the highest level since February 2020, just before the onset of the COVID-19 pandemic, and followed a reading of 109.0 in March. Economists polled by Reuters had forecast the index increasing to a reading of 113.0 in April.

Published 27 Apr, 2021 07:48pm

Markets

Asian markets mixed as record China data fails to impress

"With the Fed keeping the sugar taps open and offering up free tickets for investors to come frolic in the markets like 'kids in the candy store', the transition from policy to growth has been as smooth as silk with a benign reaction in yields suggesting that a growth tantrum is not on the cards anytime soon."

Published 16 Apr, 2021 10:50am

World

US consumer confidence rises to a year-high in March: survey

The Conference Board said on Tuesday its consumer confidence index jumped to a reading of 109.7 this month, the highest level since the onset of the pandemic in March 2020, from 90.4 in February.

Published 30 Mar, 2021 09:05pm

World

Cold weather depresses US consumer spending; inflation muted

Consumer spending falls 1.0% in February.
Personal income drops 7.1%; saving rate dips to 13.6%.
Core PCE price index gains 0.1%; up 1.4% year-on-year.

Published 26 Mar, 2021 07:50pm

Markets

Canadian dollar post biggest gain in 7 weeks as Wall Street jumps

Canada's jobs report for February is due on Friday.

Published 12 Mar, 2021 11:13am

World

US consumer spending rebounds; inflation muted

Consumer spending increases 2.4% in January.
Personal income jumps 10%; saving rate rises to 20.5%.
Core PCE price index rises 0.3%; up 1.5% year-on-year.

Published 26 Feb, 2021 09:03pm

World

US consumer spending falls again; inflation gradually rising

Consumer spending falls 0.2% in December.
Inflation adjusted consumer spending drops 0.6%.
Core PCE price index rises 0.3%; up 1.5% year-on-year.
Employment cost index increases 0.7% in fourth quarter.

Published 29 Jan, 2021 08:19pm

World

US consumer spending falls for second straight month in December

Consumer spending, which accounts for more than two-thirds of US economic activity, slipped 0.2% last month after dropping 0.7% in November.

Published 29 Jan, 2021 07:25pm

World

Gasoline pushes US consumer prices higher in December

Consumer price index increases 0.4% in December.
CPI rises 1.4% year-on-year.
Core CPI gains 0.1%; increases 1.6% year-on-year.

Published 13 Jan, 2021 08:30pm

Markets

Dollar friendless as bears pile in, poised for worst week in a month

The Bank of Japan ends its two-day policy meeting on Friday and is expected to leave rates steady but announce an extension of a package of steps aimed at easing corporate funding strains.

Published 18 Dec, 2020 10:44am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 31	279.03
USD PKR Interbank Buying / Jan 31	278.88
USD to Japanese Yen / Jan 31	155.19
USD to Swiss Franc / Jan 31	0.91
Pound Sterling to USD / Jan 31	1.24
Euro to USD / Jan 31	1.04

Stock	Volume
Hang Seng / Jan 30	20,225.11
S&P 500 / Jan 31	6,040.53
India Sensex / Jan 31	77,500.57
Tokyo Nikkei / Jan 31	39,572.49
Nasdaq / Jan 31	19,627.44
FTSE 100 / Jan 31	8,673.96
Dow Jones / Jan 31	44,544.66
Germany DAX 30 / Jan 31	21,732.05

Item	Value
Crude Oil USD/Barrel / Jan 31	72.53
Karachi Cotton PKR/37.32 KG / Jan 31	18,285
Gold 10 Grams PKR / Jan 31	250,171
Gold Spot USD/Ounce / Jan 31	2,798.41
Cotton US¢/pound / Jan 31	65.88
Petrol/Litre / Feb 1	256.13

Gainers
Losers
Leaders

Stock	Price
Kohinoor Ind. / Jan 31 Kohinoor Industries Limited(KOIL)	10.21 ▲ 1 (10.86%)
IGI Life Ins / Jan 31 IGI Life Insurance Limited(IGIL)	15.13 ▲ 1.38 (10.04%)
Sana Ind / Jan 31 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
Tariq Corporation / Jan 31 Tariq Corporation Limited(TCORP)	16.91 ▲ 1.54 (10.02%)
I.C.C. Ind. / Jan 31 ICC Industries Limited(ICCI)	15.72 ▲ 1.43 (10.01%)
Redco Textile / Jan 31 Redco Textiles Limited(REDCO)	24.17 ▲ 2.2 (10.01%)
Leather Up Ltd. / Jan 31 Leather Up Limited(LEUL)	53.74 ▲ 4.89 (10.01%)
Pak Leather / Jan 31 Pak Leather Crafts Limited(PAKL)	32.63 ▲ 2.97 (10.01%)
Dandot Cement / Jan 31 Dandot Cement Company Limited(DNCC)	16.48 ▲ 1.5 (10.01%)

Stock	Price
Blue-Ex Ltd / Jan 31 Blue-Ex Limited (GEM)(GEMBLUEX)	54.86 ▼ -6.1 (-10.01%)
D.M. Textile / Jan 31 D.M. Textile Mills Limited(DMTX)	63 ▼ -7 (-10%)
First Imrooz Mod. / Jan 31 First Imrooz Modaraba(FIMM)	189 ▼ -21 (-10%)
Power Cem(Pref) / Jan 31 Power Cement (Pref)(POWERPS)	10.41 ▼ -1.15 (-9.95%)
National Silk / Jan 31 The National Silk & Rayon Mills Limited(NSRM)	40.84 ▼ -4.51 (-9.94%)
Sec. Inv. Bank / Jan 31 Security Investment Bank Limited(SIBL)	7.83 ▼ -0.76 (-8.85%)
Shahtaj Sugar / Jan 31 Shahtaj Sugar Mills Limited(SHJS)	109.56 ▼ -10.44 (-8.7%)
Kohinoor Mills / Jan 31 Kohinoor Mills Limited(KML)	31.05 ▼ -2.9 (-8.54%)
F.Credit & Inv / Jan 31 First Credit and Investment Bank Limited(FCIBL)	7.28 ▼ -0.66 (-8.31%)

Stock	Volume
Cnergyico PK / Jan 31 Cnergyico PK Limited(CNERGY)	66,672,997 ▲ 0.14
Sui South Gas / Jan 31 Sui Southern Gas Company Limited(SSGC)	48,364,956 ▼ -1.33
WorldCall Telecom / Jan 31 Worldcall Telecom Limited(WTL)	36,344,486 ▼ -0.06
Waves Home Appliances / Jan 31 Waves Home Appliances Limited(WAVESAPP)	33,226,540 ▼ -0.77
Bank Makramah / Jan 31 Bank Makramah Limited(BML)	31,509,642 ▲ 0.04
B.O.Punjab / Jan 31 The Bank of Punjab(BOP)	17,873,860 ▲ 0.2
K-Electric Ltd. / Jan 31 K-Electric Limited(KEL)	16,969,744 ▼ -0.07
Pak Refinery / Jan 31 Pakistan Refinery Limited(PRL)	16,492,313 ▼ -0.57
Treet Battery / Jan 31 Treet Battery Limited(TBL)	15,390,342 ▲ 1.07

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