Trends - US interest rate - Business Recorder

US interest rate

Currencies trade in tight range as market awaits more US rate cues

The US dollar held near its lowest level in more than a year against a basket of peers on Wednesday, with sterling...

Published 28 Aug, 2024 10:18am

Markets

Currencies tread water as Middle East risks temper rate cut optimism

SINGAPORE: The dollar edged higher on Tuesday and major currencies traded sideways as lingering concerns over...

Published 27 Aug, 2024 10:10am

Business & Finance

Dollar lower after Powell signals rate cut

NEW YORK: The dollar turned lower and sterling rose to its highest in more than two years on Friday after Federal...

Published 24 Aug, 2024 06:23am

Markets

Gold prices set for weekly drop, with focus on Fed cues

Gold prices were subdued on Friday and headed for a weekly decline, while investors awaited further cues to gauge...

Published 09 Aug, 2024 10:34am

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

Markets

Pakistan’s GDP growth to hit 3.2% in FY25, says Fitch Solutions’ BMI report

Growth to come on back of agriculture boost, lower policy rate and easing inflation
Projected figure still below govt's targeted level of 3.6%

Updated 18 Jul, 2024 10:08pm

Markets

Saudi bourse gains on US rate cut hopes

DUBAI: Saudi Arabia’s stock market closed higher on Sunday as investors turned their focus to US Federal Reserve...

Published 15 Jul, 2024 07:02am

Markets

Wall Street Week Ahead: Expected US rate cuts have investors looking beyond big tech

NEW YORK: Looming US interest rate cuts are presenting investors with a tough choice: stick with the Big Tech stocks...

Published 15 Jul, 2024 06:56am

Markets

Gold holds steady

BENGALURU: Gold prices were little changed on Tuesday as the dollar held firm and Treasury yields ticked higher,...

Published 10 Jul, 2024 03:14am

Markets

Dollar steady as traders await clues on US rate path

SINGAPORE: The dollar was broadly steady on Monday as investors awaited further clues to help chart the US interest...

Published 20 May, 2024 09:42am

Markets

Wall St range-bound with weekly gains in sight on rate-cut hopes

NEW YORK: Wall Street’s main indexes were little changed on Friday as investors took a breather from the week’s...

Published 18 May, 2024 05:45am

Markets

Indian shares to open muted as global stocks rally loses steam

BENGALURU: Indian shares are set for a muted start on Friday, after logging their best day in over two weeks in the...

Published 17 May, 2024 10:06am

Markets

Oil prices fall as US business activity cools

NEW YORK: Oil prices were moderately lower on Wednesday as worries over conflict in the Middle East eased and...

Published 25 Apr, 2024 03:05am

Markets

Oil settles up on ME tensions

NEW YORK: Oil rose around 1% on Friday on geopolitical tensions in the Middle East but posted a weekly loss on a...

Published 13 Apr, 2024 03:49am

Business & Finance

Fed still sees three rate cuts in 2024 amid sticky inflation, stronger economy

WASHINGTON: The Federal Reserve held interest rates steady on Wednesday, but policymakers indicated they still...

Published 20 Mar, 2024 11:13pm

Markets

Oil prices climb on small build in US crude stocks

NEW YORK: Oil prices climbed about 2% on Wednesday on a smaller-than-expected build in US crude inventories, a big...

Published 07 Mar, 2024 04:59am

Business & Finance

US dollar slightly down

NEW YORK: The dollar slipped on Thursday after hitting two-week highs the day before as the positive impact of...

Published 05 Jan, 2024 03:12am

Markets

Indian blue-chips stocks end with small gains

BENGALURU: Indian blue-chip stocks ended with small gains on Monday as investors booked profits late in the session...

Published 02 Jan, 2024 05:21am

Markets

Copper dips, but heads for yearly rise

LONDON: Copper prices dipped on Friday, pressured by a firmer dollar, but were on track to achieve a modest gain ...

Published 31 Dec, 2023 03:04am

Markets

Copper, Aluminium retreat on profit-taking

LONDON: Copper prices retreated from the highest in nearly five months on Thursday as investors locked in profits...

Published 29 Dec, 2023 02:58am

Business & Finance

Asian currencies rise on US rate cut hopes

BENGALURU: Most Asian emerging market stocks rose on Thursday, while the Taiwanese dollar and the South Korean won...

Published 29 Dec, 2023 02:58am

World

Fed flags end of rate hikes, sees lower borrowing costs in 2024

WASHINGTON: The Federal Reserve held interest rates steady on Wednesday and signaled in new economic projections...

Published 14 Dec, 2023 12:34am

Markets

India’s Nifty 50 posts best month since July 2022

BENGALURU: India’s blue-chip index Nifty 50 logged its biggest monthly gain in November since July 2022, led by...

Published 01 Dec, 2023 04:43am

Business & Finance

Yuan firms on prospects for US rate cuts

SHANGHAI: China’s yuan firmed to its strongest against the US dollar in five months on Wednesday, as the dollar...

Published 30 Nov, 2023 04:53am

Markets

Asian FX rally as markets eye Fed rate cuts

BENGALURU: Emerging Asian currencies and most equities in the region rose on Tuesday after the US dollar touched new...

Published 22 Nov, 2023 05:48am

Business & Finance

Asian currencies, stocks largely up

BENGALURU: South-east Asian currencies rose on Monday, with the Indonesian rupiah and South Korean won leading the...

Published 21 Nov, 2023 06:01am

Business & Finance

Australia, NZ dollars gain

SYDNEY: The Australian and New Zealand dollars edged higher on Wednesday after China’s third-quarter economic...

Published 19 Oct, 2023 05:10am

Markets

China stocks close up on stimulus hopes

SHANGHAI: China stocks closed up on Wednesday, tracking global markets on a dovish tone from US Federal Reserve...

Published 12 Oct, 2023 05:57am

Business & Finance

Yuan flat despite dollar weakness

SHANGHAI/SINGAPORE: China’s yuan was little changed against the dollar on Wednesday despite weakness in the...

Published 12 Oct, 2023 05:57am

Markets

Indian shares decline

BENGALURU: Indian shares fell on Monday, dragged by a surge in oil prices due to a military conflict in the Middle...

Published 10 Oct, 2023 06:19am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 3	277.92
USD PKR Interbank Buying / Dec 3	277.72
USD to Japanese Yen / Dec 3	150.01
USD to Swiss Franc / Dec 3	0.89
Pound Sterling to USD / Dec 3	1.27
Euro to USD / Dec 3	1.05

Stock	Volume
S&P 500 / Dec 2	6,047.15
Nasdaq / Dec 2	19,403.95
Dow Jones / Dec 2	44,782
India Sensex / Dec 3	80,853.10
Tokyo Nikkei / Dec 3	39,248.86
Hang Seng / Dec 3	19,694.44
FTSE 100 / Dec 3	8,345.09
Germany DAX 30 / Dec 3	20,011.64

Item	Value
Gold 10 Grams PKR / Dec 2	235,340
Petrol/Litre / Dec 3	252.10
Crude Oil USD/Barrel / Dec 3	68.37
Karachi Cotton PKR/37.32 KG / Dec 3	17,685
Gold Spot USD/Ounce / Dec 3	2,645.88
Diesel/Litre / Dec 3	258.43

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	7.30 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	630 ▼ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	67.69 ▼ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	150 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	1,118.68 ▼ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	13.14 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	7.30 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	630 ▲ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	67.69 ▲ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	150 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	1,118.68 ▲ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	13.14 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Dec 3 Worldcall Telecom Limited(WTL)	213,514,857 ▲ 0.00
Cnergyico PK / Dec 3 Cnergyico PK Limited(CNERGY)	196,907,321 ▲ 0.00
Fauji Foods Ltd / Dec 3 Fauji Foods Limited(FFL)	68,325,507 ▲ 0.00
K-Electric Ltd. / Dec 3 K-Electric Limited(KEL)	66,212,972 ▲ 0.00
Sui South Gas / Dec 3 Sui Southern Gas Company Limited(SSGC)	65,264,278 ▲ 0.00
B.O.Punjab / Dec 3 The Bank of Punjab(BOP)	61,288,845 ▲ 0.00
Hascol Petrol / Dec 3 Hascol Petroleum Limited(HASCOL)	49,268,731 ▲ 0.00
Pak Int.Bulk / Dec 3 Pakistan International Bulk Terminal(PIBTL)	46,902,495 ▲ 0.00
Fauji Cement / Dec 3 Fauji Cement Company Limited(FCCL)	31,910,059 ▲ 0.00

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