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US Federal Reserve

Fed’s Cook: More cuts likely appropriate as disinflation expected to continue

CHARLOTTESVILLE: U.S. inflation continues to ease, with wages and the job market cooling and excess price increases...

Published 20 Nov, 2024 09:57pm

Markets

Gulf bourses end mixed with focus on Fed

DUBAI: Stock markets in the Gulf ended mixed on Thursday as investors assessed the monetary policy and inflation...

Published 15 Nov, 2024 07:11am

Markets

S&P 500 nears 6,000 mark as Trump win

NEW YORK: The S&P 500 index inched closer to the 6,000 mark and the Dow gained on Friday, as a sweeping Trump...

Published 09 Nov, 2024 06:36am

Business & Finance

US dollar on track for weekly gain

NEW YORK: The dollar rose on Friday and was heading for a slight weekly gain as investors evaluated the likely ...

Published 09 Nov, 2024 06:36am

Markets

Bond rebound uncertain as Trump plans overshadow Fed rate cuts

NEW YORK: Prospects of a near-term rebound in the $28-trillion US government bond market are faltering, as Donald...

Published 08 Nov, 2024 11:09am

World

Fed cuts rates, notes labor market easing and solid economic growth

Slashes benchmark interest rate by 25 basis points to target range of 4.5% to 4.75%

Published 08 Nov, 2024 12:20am

World

Fed to cut rates, but with a new landscape to decipher after Trump win

WASHINGTON: The U.S. Federal Reserve is expected to reduce its benchmark policy rate by a quarter of a percentage...

Updated 07 Nov, 2024 08:02pm

Business & Finance

Trump’s win emboldens dollar bulls as they brace for tariffs

NEW YORK: Donald Trump’s imminent return to the White House is putting a spotlight on the US dollar, which could...

Published 07 Nov, 2024 11:22am

Markets

Asian stocks mixed as Trump impact weighed; dollar firm before Fed decision

TOKYO: Asia-Pacific equity markets were mixed on Thursday as investors weighed the implications of a Donald Trump...

Published 07 Nov, 2024 10:37am

Business & Finance

Federal Reserve seen on shallower rate-cut path after Trump’s election

Donald Trump’s election as U.S. president is fueling financial market bets that the Federal Reserve will deliver...

Published 06 Nov, 2024 08:40pm

Markets

Gold holds ground ahead of US election

NEW YORK: Gold prices were little changed on Monday as investor caution prevailed ahead of the US presidential...

Published 05 Nov, 2024 03:30am

Markets

Weaker dollar propels copper to two-week peak

LONDON: Copper prices climbed to two-week highs on Monday after the dollar fell on expectations of interest rate ...

Published 05 Nov, 2024 03:30am

Business & Finance

Asian FX inch lower

BENGALURU: Trading was cautious in most Asian currencies on Friday, while equities fell, ahead of a closely ...

Published 02 Nov, 2024 06:15am

World

Fed seen on track for 25-basis-point rate cuts next week and in December

Federal Reserve policymakers look all but certain to reduce short-term borrowing costs by a modest quarter of a...

Published 01 Nov, 2024 09:03pm

Markets

Fed seen cutting policy rate by 25 bps in Nov, Dec

Federal Reserve policymakers are very likely to go ahead with cutting short-term U.S. borrowing costs by a quarter...

Published 31 Oct, 2024 07:47pm

Business & Finance

US dollar edges lower

NEW YORK: The dollar slipped for a second straight session, as a recent ascent lost steam, but the greenback was...

Published 26 Oct, 2024 05:55am

World

Fed’s Logan eyes more gradual rate cuts amid more balance sheet cuts

NEW YORK: Federal Reserve Bank of Dallas President Lorie Logan said Monday she sees more rate cuts ahead for the...

Published 21 Oct, 2024 05:59pm

Markets

Dollar pullback to help Indian rupee, weak risk appetite to weigh

MUMBAI: The Indian rupee is expected to open largely unchanged on Wednesday, holding below the 84 handle amid...

Published 16 Oct, 2024 10:11am

World

Fed seen cutting rates gradually to 3.5% by mid-2025

Federal Reserve policymakers are seen as likely to deliver a quarter-percentage-point interest-rate cut next month...

Published 10 Oct, 2024 07:33pm

Markets

German 10-year yields hit fresh one-month high after Fed minutes, before data

German 10-year yields hit a fresh one-month high on Thursday, tracking moves in US Treasuries after the Federal...

Published 10 Oct, 2024 11:54am

Markets

Dollar holds on to 7-week highs as traders consider US rates outlook

SINGAPORE: The dollar clung to seven-week highs against major currencies on Tuesday as investors ponder the outlook...

Published 08 Oct, 2024 10:08am

Markets

S&P 500, Nasdaq up after jobs data

NEW YORK: The S&P 500 and the Nasdaq rose slightly on Friday, with small-cap stocks outperforming the three main...

Published 05 Oct, 2024 06:43am

World

US Fed Chair sees ‘further disinflation’ in economy

WASHINGTON: The United States is set to see inflation cool further towards policymakers’ target, Federal Reserve...

Published 01 Oct, 2024 12:23am

Markets

Yen steadies, dollar slips as China reaches for stimulus

SINGAPORE: A surging yen steadied on Monday as Japan’s incoming prime minister signalled monetary policy should...

Published 30 Sep, 2024 10:08am

Markets

Fed seen cutting rates another 50 bps in November

The Federal Reserve is likelier than not to deliver a second 50-basis-point interest rate cut in November, traders...

Published 27 Sep, 2024 06:23pm

Business & Finance

SNB cuts interest rates by 25 basis points for third time this year

ZURICH: The Swiss National Bank cut interest rates by 25 basis points on Thursday, its third such reduction this...

Published 26 Sep, 2024 01:53pm

Markets

Swiss franc rallies broadly after 25-bp SNB rate cut

The Swiss franc strengthened on Thursday after the Swiss National Bank (SNB) cut its benchmark rate for a third time...

Published 26 Sep, 2024 01:49pm

Markets

Explaining the price-surge: all that glitters is gold in Pakistan

The price of one-tola gold in Pakistan hit yet another all-time high on Tuesday to Rs273,000, breaking the previous...

Published 24 Sep, 2024 04:43pm

Markets

Gold drifts near record highs

NEW YORK: Gold rose on Monday and lingered near record-high levels, as bullish market sentiment after the US Federal...

Published 24 Sep, 2024 03:28am

Business & Finance

Asian currencies slip

BENGALURU: Singapore shares scaled a near 17-year peak on Monday and were among stock markets to gain in emerging...

Published 24 Sep, 2024 03:28am

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
FTSE 100 / Nov 20	8,085.07
Dow Jones / Nov 20	43,408.47
Germany DAX 30 / Nov 20	19,004.78
France CAC40 / Nov 20	7,198.45
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17

Item	Value
Gold 10 Grams PKR / Nov 20	238,940
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 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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