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Asian currencies: Indonesian rupiah, Thai baht slip

BENGALURU: Asian equities fell and the Indonesian rupiah and the Thai baht led losses among currencies on Tuesday, ...

Published 18 Dec, 2024 06:37am

Business & Finance

Dollar strengthens after strong retail data

NEW YORK: The US dollar strengthened against major currencies on Tuesday following better-than-expected retail sales...

Published 18 Dec, 2024 06:37am

Business & Finance

Fed may cut rates in last meeting of Biden era

WASHINGTON: The US Federal Reserve is widely expected to announce a quarter point cut to its key lending rate on...

Published 16 Dec, 2024 06:08am

Business & Finance

Dollar little changed after CPI

NEW YORK: The dollar was little changed on Wednesday after US price data came in line with forecasts, reinforcing...

Published 12 Dec, 2024 06:50am

Business & Finance

Fed’s favoured inflation gauge ticks up in October

WASHINGTON: US inflation — set to be a key issue for incoming president Donald Trump — accelerated slightly last...

Published 28 Nov, 2024 05:45am

Business & Finance

Dollar weakens against major currencies

NEW YORK: The US dollar weakened against major currencies on Tuesday, due in part to technical factors, taking a...

Published 16 Oct, 2024 06:58am

Business & Finance

US Fed ‘should proceed with more caution’ on rate cuts: official

WASHINGTON: The US Federal Reserve should be more careful with its pace of rate cuts than it was in September, a...

Published 15 Oct, 2024 12:36am

Markets

Wall Street falls after inflation data

NEW YORK: Wall Street opened lower on Thursday as hotter-than-expected September inflation data reinforced...

Published 11 Oct, 2024 06:56am

Business & Finance

Fed terminates 2013 money-laundering enforcement action against Citigroup

WASHINGTON: The Federal Reserve announced on Tuesday that it had terminated a 2013 enforcement action it filed...

Published 02 Oct, 2024 06:19am

Markets

Dow advances to record high after inflation report

NEW YORK: The blue-chip Dow rose on Friday to hit an intraday record and small-cap stocks outperformed after a ...

Published 28 Sep, 2024 07:45am

World

Trump says Fed’s rate cut was ‘political move’

WASHINGTON: Republican presidential candidate Donald Trump said on Thursday the US Federal Reserve’s decision to...

Published 21 Sep, 2024 06:43am

Business & Finance

US manufacturing mired in weakness; construction spending falls

WASHINGTON: US manufacturing contracted at a moderate pace in August amid some improvement in employment, but a...

Published 04 Sep, 2024 07:59am

Markets

Most Gulf markets gain on US rate cut prospects

DUBAI: Most Gulf markets ended higher on Sunday, extending gains from the previous session, after data supported the...

Published 02 Sep, 2024 07:38am

Markets

Wall Street Week Ahead: US stock rally broadens as investors await Fed

NEW YORK: A broadening rally in US stocks is offering an encouraging signal to investors worried about concentration...

Published 02 Sep, 2024 06:40am

Markets

Gulf markets gain on hopes of early US Fed rate cut

DUBAI: Most stock markets in the Gulf ended higher on Thursday, after US Federal Reserve minutes signalled...

Published 23 Aug, 2024 03:24am

World

Trump says US president should have say over monetary policy

PALM BEACH, (United States): Donald Trump on Thursday voiced frustration at the independence of the Federal Reserve...

Published 10 Aug, 2024 06:51am

Business & Finance

Fed under pressure to cut rates as market turmoil continues

WASHINGTON: The ongoing global stock sell-off has fueled calls for the US Federal Reserve to lower interest rates...

Published 07 Aug, 2024 05:37am

World

US Fed keeps key lending rate unchanged

WASHINGTON: The US Federal Reserve left its key lending rate unchanged again on Wednesday and said it had made "some...

Published 01 Aug, 2024 12:34am

Business & Finance

Dollar dips ahead of Powell comments

NEW YORK: The dollar retreated from earlier highs on Monday ahead of comments from Federal Reserve Chair Jerome...

Published 16 Jul, 2024 06:43am

Business & Finance

Dollar clings to gains against major currencies

NEW YORK: The dollar rose against other major currencies on Friday, hitting a fresh eight-week high against the yen...

Published 22 Jun, 2024 06:47am

Business & Finance

Dollar rebounds from multi-month lows

NEW YORK: The US dollar rallied on Tuesday after falling overnight to its lowest against the euro, sterling and ...

Published 05 Jun, 2024 08:02am

Markets

S&P 500, Nasdaq drop as investors weigh Fed moves

NEW YORK: The S&P 500 and the Nasdaq gave up early gains on Friday and were set to snap their five-week winning...

Published 01 Jun, 2024 06:59am

Business & Finance

Dollar set for first monthly drop after US inflation readout

NEW YORK: The dollar was lower on Friday and on track for its first monthly decline in 2024 after data showed US...

Published 01 Jun, 2024 06:59am

Business & Finance

Dollar slides after US CPI data

NEW YORK: The dollar fell on Wednesday after US consumer prices rose less than expected in April, indicating...

Published 16 May, 2024 06:28am

Business & Finance

Asian currencies: Malaysian ringgit hits 2-month high

BENGALURU: Asian currencies eked out modest gains on Wednesday while stocks were mixed as investors braced for a key...

Published 16 May, 2024 06:28am

Business & Finance

Yen slightly higher after suspected intervention

NEW YORK: The yen was slightly stronger on the day on Thursday after a sudden rally late on Wednesday that traders ...

Published 03 May, 2024 06:29am

Business & Finance

Fed to meet amid dwindling hopes of summer rate cuts

WASHINGTON: The US Federal Reserve is highly likely to keep interest rates unchanged later this week, as...

Updated 29 Apr, 2024 09:20am

Business & Finance

US Fed’s preferred inflation gauge ticks up as fuel costs rise

WASHINGTON: The US central bank’s favored measure of inflation edged higher last month on the back of rising fuel...

Published 30 Mar, 2024 06:53am

Business & Finance

Fed holds key rate, pencils in 3 cuts this year

WASHINGTON: The US Federal Reserve voted Wednesday to hold interest rates at a 23-year high for a fifth consecutive...

Published 21 Mar, 2024 05:22am

Business & Finance

Fed’s still expects rate cuts

WASHINGTON: Continued progress on lowering inflation “is not assured” though the US Federal Reserve still ...

Published 07 Mar, 2024 04:59am

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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