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USA GDP

Fed’s Powell says US making ‘modest’ progress on inflation

WASHINGTON: The US Federal Reserve is making “modest” progress in its inflation fight, the head of the US central...

Published 09 Jul, 2024 07:38pm

World

Slowdown or not? US job market walking a tight rope

WASHINGTON: The number of “Help Wanted” signs may have decreased across the United States in August, but the job...

Published 02 Sep, 2022 10:09am

World

Revisions confirm steep decline in US productivity in second quarter

WASHINGTON: US worker productivity plunged in the second quarter, leading to the largest year-on-year decline on...

Published 01 Sep, 2022 06:25pm

World

Fed’s Mester: interest rates need to rise ‘somewhat above’ 4%

The U.S. Federal Reserve will need to raise interest rates somewhat above 4% by early next year and then hold them...

Published 31 Aug, 2022 05:43pm

World

US job openings rise in July; vacancies revised higher

WASHINGTON: US job openings increased in July, showing no signs that demand for labor was slowing, which could keep...

Published 30 Aug, 2022 08:40pm

World

Fed could ‘dial back’ 75-basis-point hikes if inflation slows, Bostic says

WASHINGTON: The Federal Reserve could have reason to ‘dial back’ from its 75-basis-point interest rate hikes if new...

Published 30 Aug, 2022 08:28pm

World

US consumer spending misses expectation in July; inflation slows

WASHINGTON: US consumer spending barely rose in July, but inflation eased considerably, which could give the Federal...

Published 26 Aug, 2022 07:11pm

World

Fed officials say no call yet on 50 vs 75 bps rate hike in September

JACKSON: U.S. Federal Reserve officials on Thursday were noncommittal about the size of the interest rate increase...

Published 25 Aug, 2022 07:02pm

World

Revision shows mild U.S. economic contraction in second quarter

WASHINGTON: The U.S. economy contracted at a moderate pace than initially thought in the second quarter as consumer...

Published 25 Aug, 2022 06:11pm

World

US job growth beats expectations; unemployment rate steady at 3.6%

WASHINGTON: US employment increased more than expected in May, while the unemployment rate held steady at 3.6%,...

Published 03 Jun, 2022 05:46pm

World

U.S. labor market stays strong; unemployment rolls smallest since 1969

WASHINGTON: The number of Americans filing new claims for unemployment benefits unexpectedly fell last week as...

Published 02 Jun, 2022 09:20pm

World

US consumer confidence edges down in May; house prices soar in March

WASHINGTON: US consumer confidence eased modestly in May as persistently high inflation and rising interest rates...

Published 31 May, 2022 09:44pm

Markets

US consumer spending beats expectations in April; inflation likely peaked

WASHINGTON: US consumer spending rose more than expected in April, while annual inflation appeared to have peaked,...

Published 27 May, 2022 05:59pm

Markets

US weekly jobless claims fall; corporate profits sag in first quarter

WASHINGTON: The number of Americans filing new claims for unemployment benefits fell more than expected last week as...

Published 26 May, 2022 07:04pm

Markets

US business spending on equipment shows signs of slowing in April

WASHINGTON: New orders for US-made capital goods rose less than expected in April, pointing to some moderation in...

Published 25 May, 2022 06:32pm

World

U.S. new home sales hit two-year low; prices surge

WASHINGTON: Sales of new U.S. single-family homes tumbled to a two-year low in April likely as higher mortgage rates...

Published 24 May, 2022 08:33pm

World

US business activity slows in May, survey shows

WASHINGTON: US business activity slowed moderately in May as higher prices cooled demand for services while renewed...

Published 24 May, 2022 06:52pm

World

Big Fed rate hikes ahead, amid early signs hot inflation is peaking

US Federal Reserve policymakers look set to deliver a series of aggressive interest rate hikes at least until the...

Published 29 Apr, 2022 08:57pm

World

US consumer spending accelerates; wage inflation rising

WASHINGTON: US consumer spending rose more than expected in March amid strong demand for services, while monthly...

Published 29 Apr, 2022 07:29pm

World

US economy unexpectedly contracts in first quarter

WASHINGTON: US economic growth unexpectedly contracted in the first quarter as a resurgence in COVID-19 cases...

Published 28 Apr, 2022 08:20pm

World

US Treasury’s Yellen calls for better automatic stabilizers to fight recessions

WASHINGTON: US Treasury Secretary Janet Yellen on Thursday called for a modernization of the US unemployment...

Published 28 Apr, 2022 07:56pm

World

US existing home sales fall; house prices hit record high

WASHINGTON: US home sales fell more than expected in March as house prices hit a record high despite some...

Published 20 Apr, 2022 07:34pm

World

Home prices seen rising, renters see purchase prospects fade: NY Fed survey

U.S. households expect home prices and rents to rise sharply this year, and while growth in both are then seen...

Published 18 Apr, 2022 09:20pm

World

US consumer mood brightens in early April, survey shows

US consumer sentiment rebounded unexpectedly in early April from a decade low with the strong job market lifting the...

Published 14 Apr, 2022 08:25pm

World

US mortgage interest rates top 5%, buyers look to lock in rates

The average interest rate on the most popular US home loan rose to more than 5% last week, the highest level since...

Published 13 Apr, 2022 08:19pm

World

Goods, services drive U.S. producer prices higher

WASHINGTON: U.S. monthly producer prices increased by the most in more than 12 years in March amid strong demand for...

Published 13 Apr, 2022 08:08pm

Markets

US consumer prices increase most in 16-1/2 years in March

In the 12 months through March, the CPI accelerated 8.5%, the largest year-on-year gain since December 1981

Published 12 Apr, 2022 05:57pm

Markets

US retail sales increase moderately in February

WASHINGTON: US retail sales rose moderately in February as more expensive gasoline and food forced households to cut...

Published 16 Mar, 2022 06:28pm

World

US producer prices increase strongly in February

WASHINGTON: US producer prices rose solidly in February, and further gains are likely amid higher prices of crude...

Published 15 Mar, 2022 06:28pm

Markets

US consumer prices accelerate in February; weekly jobless claims rise

WASHINGTON: US consumer prices surged in February, culminating in the largest annual increase in 40 years, and...

Published 10 Mar, 2022 06:58pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

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