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US Fed

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

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

Business & Finance

US Fed official warns against cutting rates too soon

WASHINGTON: It would be a “mistake” for the US Federal Reserve to start cutting interest rates too soon, despite...

Published 07 Feb, 2024 05:30am

Markets

Wall St pares gains as rate-cut cheer ebbs after latest Fed comments

NEW YORK: Wall Street’s three main indexes were muted at mid-day after a strong start on Wednesday, following...

Published 30 Nov, 2023 04:53am

Markets

Wall St regains ground on megacap boost

NEW YORK: Wall Street’s main indexes climbed on Tuesday following a choppy start to the session as falling US...

Published 08 Nov, 2023 05:42am

Business & Finance

Tighter credit, lending conditions build case for Fed policy hold

WASHINGTON: US Federal Reserve officials will likely leave their policy rate on hold at this week’s meeting thanks...

Published 30 Oct, 2023 05:24am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	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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