Trends - Wall Street - Business Recorder

Wall Street

Earnings boost US stocks as market shrugs off tariff talk

NEW YORK: Wall Street stocks rose early Wednesday following a round of mostly solid corporate earnings while...

Published 22 Jan, 2025 08:21pm

Business & Finance

Morgan Stanley’s bonus payouts for star Asia bankers to jump by up to 50%, sources say

HONG KONG: Morgan Stanley’s top-performing investment bankers and traders in Asia will see up to a 50% increase in...

Published 22 Jan, 2025 08:47am

Markets

Wall St advances with focus on Trump’s trade policy

NEW YORK: Wall Street’s main indexes rose on Tuesday, with the blue-chip Dow at a more than one-month high, as...

Published 22 Jan, 2025 06:06am

Markets

US stocks open higher as Trump returns to White House

NEW YORK: Wall Street stocks climbed early Tuesday to open the second Trump administration on positive footing as US...

Published 21 Jan, 2025 08:06pm

Markets

Wall St set for weekly advances in countdown to Trump presidency

NEW YORK: Wall Street’s main indexes rose on Friday, with the S&P 500 and the Dow on track to log their ...

Published 18 Jan, 2025 05:45am

Markets

Wall St subdued after strong session

NEW YORK: Wall Street’s main indexes took a pause on Thursday after a surge in the previous session, helped by a...

Published 17 Jan, 2025 02:56am

Markets

US stocks near flat after mixed retail sales data

NEW YORK: Wall Street stocks were little changed early Thursday following a mixed US retail sales report, as...

Published 16 Jan, 2025 09:17pm

Markets

Wall St surges after inflation data

NEW YORK: Wall Street’s main indexes soared on Wednesday, with the benchmark S&P 500 touching a one-week high,...

Published 16 Jan, 2025 03:04am

Markets

US stocks rally on inflation data, solid earnings

WASHINGTON: Wall Street stocks surged Wednesday as traders digested US inflation data and strong earnings reports by...

Published 15 Jan, 2025 07:51pm

Markets

US stocks rise after benign inflation report

NEW YORK: Wall Street stocks climbed early Tuesday following data showing lower than expected inflation as US...

Published 14 Jan, 2025 08:38pm

Markets

Nikkei tracks Wall Street lower amid US inflation woes

TOKYO: Japan’s Nikkei share average fell on Wednesday, tracking overnight declines in Wall Street after a batch of...

Published 09 Jan, 2025 07:40am

Markets

Wall St subdued as investors assess data

NEW YORK: US stocks were muted on Wednesday, as uncertainty prevailed on Wall Street after the release of two...

Published 09 Jan, 2025 07:35am

Markets

US stocks tick down amid inflation concerns

WASHINGTON: Wall Street stocks pulled back early Wednesday, with major indexes retreating as investors eyed positive...

Published 08 Jan, 2025 08:18pm

Markets

Wall St slips as upbeat data sparks uncertainty on Fed’s easing cycle

NEW YORK: Wall Street’s main indexes slipped on Tuesday, weighed down by technology stocks after a batch of upbeat...

Published 08 Jan, 2025 06:26am

Markets

US stocks mixed as traders weigh Trump policies

WASHINGTON: US stocks opened mostly higher on Tuesday as a rally in chip stocks halted and investors took stock of...

Published 07 Jan, 2025 08:26pm

Markets

Wall St hits one-week high after report of selective Trump tariffs

NEW YORK: Wall Street’s main indexes rose on Monday to one-week highs as optimism around AI boosted semiconductor...

Published 07 Jan, 2025 05:55am

Markets

US stocks edge higher on rebound in chip stocks

WASHINGTON: US stocks opened higher Monday to kick off the trading week, led by a resurgence in chip companies...

Published 06 Jan, 2025 08:00pm

Markets

Wall Street Week Ahead: US jobs report poses first big stocks test of 2025

NEW YORK: The stock market faces its first major test of the year in the coming week, with investors counting on the...

Published 06 Jan, 2025 05:47am

Markets

Wall St advances on tech boost

NEW YORK: Wall Street’s main indexes moved higher on Friday as technology stocks rebounded from a losing streak,...

Published 04 Jan, 2025 07:52am

Markets

Wall St rises on tech boost, policy changes in focus

Wall Street’s main indexes moved higher on Friday as technology stocks rebounded from a losing streak, while...

Published 03 Jan, 2025 09:26pm

Markets

Wall St drifts higher in first trading session of 2025

NEW YORK: Wall Street’s main indexes edged higher in the volatile first trading session of 2025 as investors ...

Published 03 Jan, 2025 05:54am

Markets

US stocks rise on first trading day of 2025

NEW YORK: US stocks opened higher on Thursday to kick off the first trading day of the new year, while Tesla slipped...

Published 02 Jan, 2025 07:50pm

Markets

Wall St set to end 2024 on high note as AI boom

NEW YORK: Wall Street’s main indexes slipped in the last trading session of 2024 as Treasury yields rose, but the...

Published 01 Jan, 2025 03:03am

Markets

Wall St edges up as AI boom, rate cuts power bull run in 2024

Wall Street’s major indexes opened higher in the final trading session of 2024, extending a more than two-year-long...

Published 31 Dec, 2024 09:05pm

Markets

Wall St slides to 1-week low on thin trading

NEW YORK: Wall Street’s main stock indexes hit their lowest point in over a week on Monday, as thin trading ...

Published 31 Dec, 2024 06:32am

Markets

Wall St hits 1-week low in thin trading, elevated yields add pressure

Wall Street’s main stock indexes opened sharply lower on Monday and hit their lowest in over a week, as sparse...

Published 30 Dec, 2024 08:45pm

Markets

Wall Street Week Ahead: Trump’s first actions and job data to test market in Jan

NEW YORK: After closing the books on a banner year for US stocks, investors expect to ride seasonal momentum into...

Published 30 Dec, 2024 05:47am

Markets

Wall St slides at end of strong holiday-shortened week

NEW YORK: Tech and growth stocks dragged Wall Street’s main indexes lower on Friday, at the end of an upbeat...

Published 28 Dec, 2024 05:59am

Markets

Wall Street slips as rising yields pressure some shares

NEW YORK: Wall Street’s main indexes were subdued in light trading volumes on Thursday, as rising yields limited...

Published 27 Dec, 2024 06:27am

Markets

Wall Street slips as rising yields pressure some shares

Wall Street’s main indexes drifted lower in light trading volumes on Thursday, as rising yields pressured some...

Published 26 Dec, 2024 09:03pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 22	278.92
USD PKR Interbank Buying / Jan 22	278.72
USD to Japanese Yen / Jan 22	155.66
USD to Swiss Franc / Jan 22	0.91
Pound Sterling to USD / Jan 22	1.23
Euro to USD / Jan 22	1.04

Stock	Volume
S&P 500 / Jan 21	6,049.24
Nasdaq / Jan 21	19,756.78
Dow Jones / Jan 21	44,025.81
India Sensex / Jan 22	76,197.90
Tokyo Nikkei / Jan 22	39,646.25
Hang Seng / Jan 22	19,778.77
FTSE 100 / Jan 22	8,579.82
Germany DAX 30 / Jan 22	21,258.81

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 21	18,485
Gold 10 Grams PKR / Jan 21	242,798
Crude Oil USD/Barrel / Jan 22	75.52
Gold Spot USD/Ounce / Jan 22	2,751.94
Cotton US¢/pound / Jan 22	67.34
Petrol/Litre / Jan 23	256.13

Gainers
Losers
Leaders

Stock	Price
Apna Microfin. / Jan 22 Apna Microfinance Bank Limited(AMBL)	10.49 ▲ 0.96 (10.07%)
Leather Up Ltd. / Jan 22 Leather Up Limited(LEUL)	27.57 ▲ 2.51 (10.02%)
Jah.Sidd. Co. / Jan 22 Jahangir Siddiqui & Co. Ltd.(JSCL)	24.29 ▲ 2.21 (10.01%)
Pak Elektron (Pref) / Jan 22 Pak Elektron Limited (Preference)(PELPS)	14.94 ▲ 1.36 (10.01%)
Ashfaq Textile / Jan 22 Ashfaq Textile Mills Limited(ASHT)	15.51 ▲ 1.41 (10.00%)
Crescent Cotton / Jan 22 Crescent Cotton Mills Limited(CCM)	54.45 ▲ 4.95 (10.00%)
Fecto Cement / Jan 22 Fecto Cement Limited(FECTC)	116.40 ▲ 10.58 (10.00%)
Fateh Sports / Jan 22 Fateh Sports Wear Limited(FSWL)	86.43 ▲ 7.86 (10.00%)
Pak Engineering / Jan 22 Pakistan Engineering Company Limited(PECO)	738.34 ▲ 67.12 (10.00%)

Stock	Price
First Capital Equities / Jan 22 First Capital Equities Limited(FCEL)	5.30 ▼ -0.70 (-11.67%)
Nagina Cot. / Jan 22 Nagina Cotton Mills Limited(NAGC)	49.95 ▼ -5.55 (-10.00%)
Zahid Jee Textile / Jan 22 Zahidjee Textile Mills Limited(ZAHID)	27.21 ▼ -3.00 (-9.93%)
Gulistan Sp. / Jan 22 Gulistan Spinning Mills Limited(GUSM)	11.58 ▼ -1.26 (-9.81%)
TPL Life Insur. / Jan 22 TPL Life Insurance Limited(TPLL)	51 ▼ -5.50 (-9.73%)
Masood Textile / Jan 22 Masood Textile Mills Limited(MSOT)	49.05 ▼ -5.27 (-9.70%)
Karam Ceramics / Jan 22 Karam Ceramics Limited(KCL)	55.98 ▼ -5.92 (-9.56%)
Mari Energies / Jan 22 Mari Energies Limited(MARI)	598 ▼ -61.53 (-9.33%)
Hala Enterprise / Jan 22 Hala Enterprises Limited(HAEL)	12.10 ▼ -1.21 (-9.09%)

Stock	Volume
Cnergyico PK / Jan 22 Cnergyico PK Limited(CNERGY)	114,034,653 ▲ 0.04
WorldCall Telecom / Jan 22 Worldcall Telecom Limited(WTL)	99,158,485 ▼ -0.07
Fauji Cement / Jan 22 Fauji Cement Company Limited(FCCL)	83,500,175 ▲ 3.03
Bank Makramah / Jan 22 Bank Makramah Limited(BML)	69,476,357 ▲ 0.02
Citi Pharma Ltd / Jan 22 Citi Pharma Ltd.(CPHL)	23,402,152 ▲ 3.23
Lotte Chemical / Jan 22 Lotte Chemical Pakistan Limited(LOTCHEM)	23,042,045 ▼ -0.08
Ghani Chem. Ind. / Jan 22 Ghani Chemical Industries Limited(GCIL)	21,938,589 ▲ 1.04
Power Cement / Jan 22 Power Cement Limited(POWER)	21,682,567 ▲ 0.10
Fauji Foods Ltd / Jan 22 Fauji Foods Limited(FFL)	18,601,390 ▼ -0.41

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