Trends - US Fed interest rate hikes

US Fed interest rate hikes

Divided Fed expected to rally around a US interest rate pause

WASHINGTON: The US Federal Reserve is widely expected to pause its campaign of interest rate increases on Wednesday...

Updated 12 Jun, 2023 08:40am

Business & Finance

Recession-wary investors pour $9.1bn into hedge funds in first quarter

BOSTON: Hedge funds pulled in $9.1 billion in new money during the first three months of 2023, data showed on ...

Published 22 Apr, 2023 03:38am

Opinion

Sharp drop in equity premium may mark return of 60/40 portfolio

The reward for holding US stocks over Treasury bonds has not been this unattractive since 2004, possibly setting the...

Published 04 Mar, 2023 06:39am

Markets

Wall Street edges higher after last week’s rout

NEW YORK: US stocks rose on Monday as investors hunted for bargains after the main benchmarks logged their biggest...

Published 28 Feb, 2023 07:17am

Markets

Oil slips 1pc on worries about more US interest rate hikes

NEW YORK: Oil prices slid about 1% on Monday as strong US economic data had investors bracing for more interest rate...

Published 28 Feb, 2023 07:13am

Business & Finance

Fed’s preferred inflation gauge up

WASHINGTON: A key indicator of US inflation rose in January, according to government data released Friday, while...

Published 25 Feb, 2023 06:42am

Markets

Asian markets mixed in holiday-hit trade

HONG KONG: Asian markets were mixed in holiday-thinned trade Monday, while the dollar dropped as investors lowered...

Published 23 Jan, 2023 12:16pm

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

Opinion

Fed’s balance sheet drawdown could sunset next year

The Federal Reserve’s ongoing efforts to shrink its balance sheet may end earlier than once thought, even as the ...

Published 23 Dec, 2022 06:14am

Markets

Nasdaq dives on Fed rate hike worries, rout in chipmakers

NEW YORK: The Nasdaq index tumbled nearly 3% on Thursday after a fresh batch of data showing a resilient economy...

Published 23 Dec, 2022 05:54am

Business & Finance

Dollar edges higher as US data lends support

NEW YORK: The US dollar edged higher against most major peers on Thursday after US data pointed to labor market...

Published 23 Dec, 2022 05:54am

Markets

Wall Street gains on strong Nike earnings

NEW YORK: Wall Street’s main stock indexes rose on Wednesday after Nike reported upbeat results, while investors...

Published 22 Dec, 2022 07:04am

Business & Finance

Fed could push rates higher, keep them there longer, policymakers say

NEW YORK/SAN FRANCISCO: Federal Reserve policymakers may need to lift US borrowing costs above the peak 5.1% they...

Published 19 Dec, 2022 07:32am

Oil rises as OPEC+ focus on supply cuts outweighs recession concerns

LONDON: Oil rose on Tuesday after top exporter Saudi Arabia said OPEC+ was sticking with output cuts and could take...

Updated 23 Nov, 2022 09:30am

Fed set for further steep rate hike as recession fears loom

WASHINGTON: The US Federal Reserve is pegged to make a fourth straight steep hike in the key interest rate this week...

Updated 31 Oct, 2022 10:27am

Markets

Wall Street Week Ahead: Megacap earnings to test fledgling US stock rebound

NEW YORK: Earnings reports from the four biggest US companies by market capitalization in the coming week may test a...

Published 24 Oct, 2022 06:59am

Markets

Wall Street ends higher as hopes for less aggressive Fed grow

NEW YORK: US stocks surged to close out the trading week on Friday after a report said the US Federal Reserve will...

Published 24 Oct, 2022 06:56am

Markets

Aluminium falls to 18-month low

LONDON: Aluminium prices fell on Wednesday to their lowest since March 2021 as markets braced for another hefty US...

Published 22 Sep, 2022 06:57am

Markets

Gold recovers

NEW YORK: Gold rose on Wednesday as Russian President Vladimir Putin’s move to mobilize more troops over the...

Published 22 Sep, 2022 06:56am

Markets

China’s blue-chip stocks hit 4-month low

SHANGHAI: China’s blue-chip stocks on Wednesday closed at their lowest in more than four months, as global peers...

Published 22 Sep, 2022 06:43am

Business & Finance

Dollar soars to 2-decade high

NEW YORK: The dollar surged to a new two-decade high on Wednesday just ahead of another expected aggressive Federal...

Published 22 Sep, 2022 06:38am

Markets

Oil steady ahead of US Fed interest rate decision

NEW YORK: Oil prices were steady in volatile trade on Wednesday as the market waited for direction from the US...

Published 22 Sep, 2022 06:36am

Markets

Wall Street returns to positive stance after brief post-Fed wobble

WASHINGTON: Wall Street’s main indexes returned to positive territory in mid-afternoon trading on Wednesday after ...

Published 22 Sep, 2022 06:34am

Business & Finance

Fed chair admits recession a ‘possibility’ after rate hikes

WASHINGTON: The US economy remains strong but a series of aggressive rate hikes meant to cool soaring inflation ...

Published 24 Jun, 2022 06:15am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 12	278
USD PKR Interbank Buying / Nov 12	277.75
USD to Japanese Yen / Nov 13	154.85
USD to Swiss Franc / Nov 13	0.88
Pound Sterling to USD / Nov 13	1.27
Euro to USD / Nov 13	1.06

Stock	Volume
S&P 500 / Nov 12	5,983.99
Nasdaq / Nov 12	19,281.40
FTSE 100 / Nov 12	8,025.77
Dow Jones / Nov 12	43,910.98
Germany DAX 30 / Nov 12	19,033.64
France CAC40 / Nov 12	7,226.98
India Sensex / Nov 13	78,360.01
Tokyo Nikkei / Nov 13	38,794.83

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 12	18,085
Gold 10 Grams PKR / Nov 12	231,911
Petrol/Litre / Nov 13	248.38
Crude Oil USD/Barrel / Nov 13	68.33
Gold Spot USD/Ounce / Nov 13	2,606.22
Diesel/Litre / Nov 13	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 13 786 Investments Limited(786)	6.55 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 13 Al-Abbas Sugar Mills Limited(AABS)	600 ▼ 0.00 (0.00%)
Agro Allianz / Nov 13 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 13 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 13 Ali Asghar Textile Mills Limited(AATM)	64.90 ▼ 0.00 (0.00%)
Allied Bank / Nov 13 Allied Bank Limited(ABL)	114.51 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 13 Abbott Laboratories (Pakistan) Limited(ABOT)	996.67 ▼ 0.00 (0.00%)
Abson Ind. / Nov 13 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 13 Alfalah Consumer Index ETF.(ACIETF)	12.25 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 13 786 Investments Limited(786)	6.55 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 13 Al-Abbas Sugar Mills Limited(AABS)	600 ▲ 0.00 (0.00%)
Agro Allianz / Nov 13 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 13 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 13 Ali Asghar Textile Mills Limited(AATM)	64.90 ▲ 0.00 (0.00%)
Allied Bank / Nov 13 Allied Bank Limited(ABL)	114.51 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 13 Abbott Laboratories (Pakistan) Limited(ABOT)	996.67 ▲ 0.00 (0.00%)
Abson Ind. / Nov 13 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 13 Alfalah Consumer Index ETF.(ACIETF)	12.25 ▲ 0.00 (0.00%)

Stock	Volume
Pak Int.Bulk / Nov 13 Pakistan International Bulk Terminal(PIBTL)	79,861,776 ▲ 0.00
K-Electric Ltd. / Nov 13 K-Electric Limited(KEL)	71,760,455 ▲ 0.00
Pak Refinery / Nov 13 Pakistan Refinery Limited(PRL)	56,364,168 ▲ 0.00
Sui South Gas / Nov 13 Sui Southern Gas Company Limited(SSGC)	45,537,793 ▲ 0.00
Cnergyico PK / Nov 13 Cnergyico PK Limited(CNERGY)	40,139,141 ▲ 0.00
Pak Elektron / Nov 13 Pak Elektron Limited(PAEL)	37,703,615 ▲ 0.00
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	28,322,891 ▲ 0.00
B.O.Punjab / Nov 13 The Bank of Punjab(BOP)	18,433,912 ▲ 0.00
The Searle Co. / Nov 13 The Searle Company Limited(SEARL)	17,718,419 ▲ 0.00

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US Fed interest rate hikes

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