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Wall Street Week Ahead: Investors hope for ‘Santa Claus’ rally as stocks lose steam

NEW YORK: With December so far delivering Scrooge-like returns in an otherwise stellar year for US stocks, investors...

Published 23 Dec, 2024 06:47am

Markets

European stocks tumble after Fed’s hawkish signal

FRANKFURT: European stocks tumbled on Thursday, on course for their biggest percentage drop in five weeks, as...

Published 20 Dec, 2024 02:43am

Markets

Wall St Week Ahead: Fed rate view in focus as robust stocks year draws to close

NEW YORK: A banner year for US stocks gets one of its last big tests with the coming week’s Federal Reserve...

Published 16 Dec, 2024 06:08am

Markets

S&P 500, Nasdaq gain after jobs data boosts rate-cut bets

NEW YORK: The S&P 500 and the Nasdaq hit intraday record highs on Friday as traders increased bets on a Federal...

Published 07 Dec, 2024 08:08am

Markets

Wall Street pauses for breath with payrolls data in sight

NEW YORK: Wall Street’s main indexes were mostly flat on Thursday after recording all-time closing highs in the...

Published 06 Dec, 2024 06:58am

Markets

US stocks lower, crude rises

NEW YORK: US stocks got off to a muted start on Tuesday, hovering near Monday’s record closing highs as tight ...

Published 04 Dec, 2024 03:14am

Markets

Wall Street Week Ahead: Jobs data set to pave way for rates path, stocks

NEW YORK: The coming week will give investors a fresh view into the health of the US economy with the release of a...

Published 02 Dec, 2024 06:04am

Markets

S&P 500 hits record high as major indexes rise

NEW YORK: The S&P 500 index hit a record high as Wall Street’s main indexes rose in a shortened Black Friday...

Published 30 Nov, 2024 07:39am

Markets

Wall Street Week Ahead: Black Friday puts consumer spending in market’s glare with stocks near records

NEW YORK: The health of the US consumer and the retail sector will be in focus in the coming week, as Black Friday...

Updated 25 Nov, 2024 08:28am

Markets

European shares end lower on US rate, Trump jitters

FRANKFURT: European shares slipped on Friday, weighed down by disappointing earnings, concerns about the impact of ...

Published 16 Nov, 2024 06:04am

Markets

Wall St little changed after in-line monthly producer prices

NEW YORK: Wall Street’s main indexes were subdued on Thursday after monthly producer prices rose as expected, with...

Published 15 Nov, 2024 07:07am

Markets

Wall Street hovers near record high

NEW YORK: Wall Street’s main indexes were near record highs on Monday, holding on to post-election gains, ahead of...

Published 12 Nov, 2024 08:08am

Markets

Wall Street Week Ahead: Inflation data poses test for stocks rally after Trump win

NEW YORK: Investors will focus in the coming week on whether inflation trends can help sustain the record-breaking...

Published 11 Nov, 2024 06:03am

Markets

Wall St rallies on election day

NEW YORK: Wall Street’s main indexes rose on Tuesday in a broad rally, but investors still braced for volatile...

Published 06 Nov, 2024 07:51am

Markets

Wall St slides as Meta, Microsoft warnings trigger fears over AI trade

NEW YORK: Wall Street tumbled on Thursday, after warnings from Microsoft and Meta Platforms about escalating AI ...

Published 01 Nov, 2024 08:33am

Markets

Google parent climbs on earnings but S&P 500 edges lower

NEW YORK: Google parent Alphabet surged early Wednesday following strong earnings while the broader market edged...

Published 30 Oct, 2024 08:21pm

Markets

Nasdaq hits record high as Treasury yields ease

NEW YORK: The Nasdaq rallied to a fresh intraday record on Friday, lifted by megacaps as Treasury yields slipped ...

Published 26 Oct, 2024 07:28am

Markets

Wall Street wavers with key jobs data

NEW YORK: Wall Street’s main indexes were mixed in volatile trading on Thursday as investors remained cautious...

Published 04 Oct, 2024 07:21am

Markets

Wall Street Week Ahead: Investor focus turns to data, election, earnings after Fed cut

NEW YORK: A roaring rally in US stocks will face a gauntlet of economic data, looming political uncertainty and a...

Published 23 Sep, 2024 06:45am

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

US stocks open higher while Nvidia slips

NEW YORK: All major indices on Wall Street opened higher Thursday, shaking off investor concern about a slowdown in...

Published 29 Aug, 2024 07:18pm

Markets

S&P 500 nears record high as Powell signals rate cut

NEW YORK: All three major US stock indexes gained more 1 percent on Friday, with the benchmark S&P 500 nearing ...

Published 24 Aug, 2024 06:23am

Markets

US stocks tick lower ahead of Fed speech

NEW YORK: US stocks opened slightly lower Tuesday as traders consolidated recent gains and looked ahead to a key...

Published 20 Aug, 2024 06:52pm

Markets

KSE-100 closes marginally lower after volatile trading

The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index closed marginally lower in a volatile session on...

Updated 20 Aug, 2024 10:53pm

Markets

Wall St heads for best week of the year as slowdown fears recede

NEW YORK: The S&P 500 paused on Friday as investors digested a spate of encouraging economic data that dispelled...

Updated 17 Aug, 2024 07:30am

Markets

Wall Street struggles for direction as Alphabet falls

NEW YORK: Wall Street’s main indexes were mixed on Wednesday, as Alphabet slid and as signs of moderating ...

Published 15 Aug, 2024 05:59am

Markets

US stocks hit near two-week higher

NEW YORK: US stocks hit a near two-week high on Tuesday after a softer producer prices data reinforced bets of an...

Published 14 Aug, 2024 06:40am

Markets

US stocks up as markets digest producer inflation data

NEW YORK: Wall Street stocks advanced Tuesday as US producer inflation came in cooler than anticipated but signaled...

Published 13 Aug, 2024 07:19pm

Markets

US stocks waver in lead up to data deluge

NEW YORK: US stocks struggled for direction on Monday as investors braced for a slew of economic data this week with...

Published 13 Aug, 2024 07:02am

Markets

Wall St wavers as volatile week draws to a close

NEW YORK: Wall Street’s main indexes swung between gains and losses on the last day of a tumultuous week that...

Updated 10 Aug, 2024 08:03am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	156.63
USD to Swiss Franc / Dec 23	0.90
Pound Sterling to USD / Dec 23	1.26
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
Nasdaq / Dec 20	19,572.60
Dow Jones / Dec 20	42,840.26
India Sensex / Dec 23	78,595.51
Tokyo Nikkei / Dec 23	39,161.34
Hang Seng / Dec 23	19,857.04
FTSE 100 / Dec 23	8,068.16
Germany DAX 30 / Dec 23	19,830.32

Item	Value
Gold 10 Grams PKR / Dec 20	234,311
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10
Crude Oil USD/Barrel / Dec 23	69.79
Gold Spot USD/Ounce / Dec 23	2,632.38
Diesel/Litre / Dec 23	255.38

Gainers
Losers
Leaders

Stock	Price
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
First Capital Equities / Dec 23 First Capital Equities Limited(FCEL)	5.90 ▲ 0.75 (14.56%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.72 ▲ 0.45 (10.54%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Dawood Equities / Dec 23 Dawood Equities Limited(DEL)	10.63 ▲ 1.00 (10.38%)
Pak. P.V.C. / Dec 23 Pakistan PVC Limited(PPVC)	10.70 ▲ 1.00 (10.31%)
Power Cem(Pref) / Dec 23 Power Cement (Pref)(POWERPS)	12.27 ▲ 1.12 (10.04%)
Pak Gulf Leasing / Dec 23 Pak-Gulf Leasing Company Limited(PGLC)	13.06 ▲ 1.19 (10.03%)

Stock	Price
Maqbool Tex. / Dec 23 Maqbool Textile Mills Limited(MQTM)	31.03 ▼ -3.45 (-10.01%)
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.96 ▼ -1.55 (-9.99%)
Olympia Mills / Dec 23 Olympia Mills Limited(OML)	34.60 ▼ -3.82 (-9.94%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	13.87 ▼ -1.47 (-9.58%)
Sindh Abadgar / Dec 23 Sindh Abadgar's Sugar Mills Limited(SASML)	36.90 ▼ -3.77 (-9.27%)
National Silk / Dec 23 The National Silk & Rayon Mills Limited(NSRM)	50.51 ▼ -4.93 (-8.89%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.12
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.08
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.35
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 1.20
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	39,399,750 ▲ 0.53
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	34,397,223 ▲ 1.32
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	33,342,702 ▲ 2.25
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.27
P.T.C.L. / Dec 23 Pakistan Telecommunication Company Ltd(PTC)	22,495,466 ▲ 1.92

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