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US Fed

Fed keeps policy rate outlook intact

WASHINGTON: The Federal Reserve held interest rates steady on Wednesday, as expected, but US central bank...

Published 20 Mar, 2025 05:30am

Business & Finance

Fed likely to keep rates steady

WASHINGTON: The US Federal Reserve is widely expected to keep interest rates unchanged at its policy meeting this...

Published 17 Mar, 2025 05:29am

Opinion

Too late to buy gold?

Gold’s relentless climb toward record highs is no mystery for Mr Market. In a world where financial markets are...

Published 27 Feb, 2025 06:44am

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

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

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

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

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

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 25	280.52
USD PKR Interbank Buying / Mar 25	280.27
USD to Japanese Yen / Mar 25	150.44
USD to Swiss Franc / Mar 25	0.88
Pound Sterling to USD / Mar 25	1.29
Euro to USD / Mar 25	1.08
UK LIBOR % / Mar 25	4.96

Stock	Volume
S&P 500 / Mar 25	5,776.65
India Sensex / Mar 25	78,876.83
Tokyo Nikkei / Mar 25	37,938.34
Nasdaq / Mar 25	18,271.86
Hang Seng / Mar 25	23,409.08
FTSE 100 / Mar 25	8,663.80
Dow Jones / Mar 25	42,587.50
Germany DAX 30 / Mar 25	23,109.79
France CAC40 / Mar 25	8,108.59

Item	Value
Crude Oil USD/Barrel / Mar 25	69.19
Karachi Cotton PKR/37.32 KG / Mar 25	17,085
Gold 10 Grams PKR / Mar 25	272,462
Gold Spot USD/Ounce / Mar 25	3,017.63
Cotton US¢/pound / Mar 25	65.24
Petrol/Litre / Mar 26	255.63
Diesel/Litre / Mar 26	258.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel (R) / Mar 26 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	3.01 ▲ 1 (49.75%)
Sec. Inv. Bank / Mar 26 Security Investment Bank Limited(SIBL)	9.99 ▲ 1 (11.12%)
Zephyr Textile / Mar 26 Zephyr Textiles Limited(ZTL)	11.40 ▲ 1.04 (10.04%)
Philip Morris Pak. / Mar 26 Philip Morris (Pakistan) Limited(PMPK)	737.77 ▲ 67.07 (10%)
Leiner Pak Gelat / Mar 26 Leiner Pak Gelatine Limited(LPGL)	110.80 ▲ 10.07 (10%)
East West Ins. / Mar 26 East West Insurance Company Limited(EWIC)	63 ▲ 5.71 (9.97%)
Crescent Fib. / Mar 26 Crescent Fibres Limited(CFL)	45.70 ▲ 4.14 (9.96%)
Hussain Industries / Mar 26 Husein Industries Limited(HUSI)	27.29 ▲ 2.42 (9.73%)
Universal Ins. / Mar 26 The Universal Insurance Company Limited(UVIC)	10.34 ▲ 0.91 (9.65%)
Dadex Eternit / Mar 26 Dadex Eternit Limited(DADX)	62.80 ▲ 4.55 (7.81%)

Stock	Price
Parmount Sp. / Mar 26 Paramount Spinning Mills Limited(PASM)	3.51 ▼ -0.48 (-12.03%)
Bela Auto / Mar 26 Bela Automotives Limited(BELA)	165.16 ▼ -16.78 (-9.22%)
Jubilee Spinning / Mar 26 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.70 ▼ -1.07 (-9.09%)
Atlas Ins. Ltd / Mar 26 Atlas Insurance Limited(ATIL)	58.90 ▼ -5.08 (-7.94%)
Noon Sugar / Mar 26 Noon Sugar Mills Limited(NONS)	73.51 ▼ -6.06 (-7.62%)
Nazir Cotton Mills / Mar 26 Nazir Cotton Mills Limited(NCML)	10.50 ▼ -0.82 (-7.24%)
First Elite Cap.Mod / Mar 26 First Elite Capital Modaraba(FECM)	9.20 ▼ -0.66 (-6.69%)
Ruby Textile / Mar 26 Ruby Textile Mills Limited(RUBY)	6.58 ▼ -0.43 (-6.13%)
Kohinoor Ind. / Mar 26 Kohinoor Industries Limited(KOIL)	11.80 ▼ -0.74 (-5.9%)
S.G.Power / Mar 26 S.G. Power Limited(SGPL)	8.01 ▼ -0.49 (-5.76%)

Stock	Volume
Pak Elektron / Mar 26 Pak Elektron Limited(PAEL)	23,534,658 ▲ 2.04
TRG Pak Ltd / Mar 26 TRG Pakistan Limited(TRG)	22,825,615 ▼ -0.84
Cnergyico PK / Mar 26 Cnergyico PK Limited(CNERGY)	14,454,846 ▲ 0.12
WorldCall Telecom / Mar 26 Worldcall Telecom Limited(WTL)	12,412,844 ▲ 0.02
Engro Fert. / Mar 26 Engro Fertilizers Limited(EFERT)	11,973,039 ▲ 2.17
B.O.Punjab / Mar 26 The Bank of Punjab(BOP)	10,207,107 ▲ 0.11
P.S.O. / Mar 26 Pakistan State Oil Company Limited(PSO)	8,838,908 ▲ 7.13
Sui South Gas / Mar 26 Sui Southern Gas Company Limited(SSGC)	7,601,850 ▲ 0.22
Pak Refinery / Mar 26 Pakistan Refinery Limited(PRL)	7,461,474 ▲ 0.59
Pak Int.Bulk / Mar 26 Pakistan International Bulk Terminal(PIBTL)	7,039,319 ▲ 0.2

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