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US stock market

Wall St Week Ahead-Spooked US stock market faces tech earnings minefield

NEW YORK: Rattled investors are bracing for earnings from the market’s biggest tech companies, a Federal Reserve...

Published 29 Jul, 2024 06:37am

BR Research

Remittances in FY24

Remittances to Pakistan grew by 10.7 percent year-on-year in FY24 to $30.3 billion. The annual tally is the second...

Published 19 Jul, 2024 08:22am

Markets

Wall Street Week Ahead: Stock market’s record-setting rebound may have further to go

NEW YORK: A rebound that has taken the US stock market to record highs this week may have further to run, if history...

Published 20 May, 2024 05:44am

Markets

US stocks mostly up after mixed inflation data

NEW YORK: Wall Street stocks mostly rose early Monday following mixed inflation data as markets look ahead to...

Published 01 Apr, 2024 07:23pm

Markets

How the US stock market rocketed through the Q1?

NEW YORK: The US stock market is off to a soaring start in 2024, as optimism over the economy and interest rate cuts...

Published 30 Mar, 2024 04:58am

Markets

AI-led rally on Wall Street loses steam, Nvidia pares gains

NEW YORK: Wall Street’s main indexes lost momentum on Friday following a dizzying rally fueled by euphoria around...

Published 24 Feb, 2024 06:42am

Markets

Wall Street Week Ahead: History shows strong 2023 could keep US stocks on path for 2024 gains

NEW YORK: The US stock market’s hefty gains in 2023 could provide a lift for equities next year, if history is any...

Published 01 Jan, 2024 05:40am

Markets

S&P 500 ends higher as jobs data fuels rate-hike optimism

NEW YORK: The S&P 500 ended higher on Friday after a jump in unemployment cemented expectations of a pause in...

Published 04 Sep, 2023 06:21am

Business & Finance

Dollar rises vs most currencies as US non-farm payrolls loom

NEW YORK: The dollar gained against most of its peers on Thursday in thin trading, as investors consolidated...

Published 07 Apr, 2023 06:06am

Markets

Wall Street Week Ahead: ‘Defensives’ may not be safe place to hide as stock market stumbles

NEW YORK: Investors searching for safer areas in the US stock market are finding that traditional shelters that held...

Published 06 Mar, 2023 06:22am

Markets

Wall St inches higher as investors focus on Fed minutes

Wall Street’s main indexes edged up on Wednesday, a day after their worst performance of the year, as investors...

Published 22 Feb, 2023 08:28pm

Markets

Wall St tumbles as Walmart, Home Depot forecasts disappoint

Wall Street’s main stock indexes fell more than 1% on Tuesday as gloomy forecasts from retailers Home Depot and...

Published 21 Feb, 2023 08:37pm

Markets

Wall Street Week Ahead: Retailers’ results may be next test for rally in US stocks

NEW YORK: Earnings results from major retailers in the coming weeks will test the strength of the US stock market...

Published 20 Feb, 2023 06:26am

Business & Finance

China ADRs tumble as Xi’s new team sparks worries over economy’s path

BEIJING: US-listed shares of Chinese companies slumped on Monday after President Xi Jinping’s new leadership team...

Published 25 Oct, 2022 05:51am

Markets

Wall Street Week Ahead: US summer stock rally at risk as September looms

NEW YORK: The 10.7 percent rally in the S&P 500 from its June lows is stumbling as it runs into what has...

Published 29 Aug, 2022 05:44am

Markets

Wall Street Week Ahead: Investors brace for pivotal July after dismal first half

NEW YORK: The US stock market is reeling from its worst first half of any year since 1970, with investors girding ...

Published 04 Jul, 2022 06:17am

Markets

Wall Street Week Ahead: US stock market rebound faces key inflation test

NEW YORK: A rally that lifted US stocks from the brink of a bear market faces an important test next week, when...

Published 06 Jun, 2022 08:14am

Markets

Wall St Week Ahead: ‘Robust’ corporate cash may buoy stocks after rocky quarter

NEW YORK: As the US stock market ends a rocky first quarter, investors are looking at what could support equities in...

Published 04 Apr, 2022 05:38am

Markets

Stocks climb on Putin comments

LONDON: US and European stock markets were buoyed Friday by Russian President Vladimir Putin’s comments about a...

Published 14 Mar, 2022 07:22am

Business & Finance

Elon Musk aims to end controls on his Tesla tweets

PARIS: Tesla chief Elon Musk is trying to cancel an agreement he made in 2018 with the US stock market regulator...

Published 14 Mar, 2022 06:00am

Markets

Wall Street Week Ahead: Surging oil prices add another worry for frazzled investors

NEW YORK: A US stock market, already on edge from a hawkish Federal Reserve and a conflict between Russia and...

Published 21 Feb, 2022 07:25am

Markets

Inflation concerns and tech miss weigh on stocks

LONDON: US and European stock markets mostly retreated on Friday, dragged down by disappointing earnings from Apple...

Published 01 Nov, 2021 05:14am

Markets

Wall Street Week Ahead: Energy price spike adds market risk as earnings arrive

NEW YORK: US stock market investors are gauging whether more volatility is ahead because of surging global energy...

Published 11 Oct, 2021 04:32am

Markets

US MIDDAY: Gold dips

NEW YORK: Gold fell on Thursday as a drop in US weekly initial jobless claims, ahead of the monthly jobs data later...

Published 08 Oct, 2021 04:30am

Markets

Australia shares set to dip at open, NZ falls

Weak copper and oil prices are expected to further hurt sentiment

Published 05 Aug, 2021 11:11am

World

US SEC says Chinese IPO hopefuls must provide additional risk disclosures

NEW YORK: The US Securities and Exchange Commission will not process registrations of securities by Chinese ...

Published 31 Jul, 2021 04:06am

Markets

Friday's early trade: Wall Street advances, unshaken by inflation surge

NEW YORK: Wall Street's major averages rose on Friday as investors shrugged off data showing a jump in inflation,...

Published 29 May, 2021 03:59am

Markets

Wall Street week ahead: Retailers set for earnings stage after turbulence

NEW YORK: Earnings reports from major retailers will be in focus next week after the US stock market suffered one of...

Published 17 May, 2021 06:14am

Markets

S&P down as energy and industrials lose ground

NEW YORK: The S&P 500 ended lower on Tuesday, weighed down by energy and industrial stocks as investors awaited...

Published 18 Mar, 2021 03:56am

Markets

German solar car firm Sono Motors explores US stock market listing

Sono Motors is developing an electric car that uses solar panels on its outside to power its batteries, but which can also be charged using a plug. The solar panels generate energy worth on average 112 kilometers a week.
Special purpose acquisition companies raise funds in an initial public offering with the aim of buying a private firm, which then automatically gets a stock market listing.

Updated 15 Mar, 2021 09:24pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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