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asian shares

Asia markets struggle for direction after US tax hike reports

Euro-dollar trades were softer after the European Central Bank kept its massive pandemic-fighting stimulus package in place at a Thursday meeting, as the continent's ailing economies face slow coronavirus recoveries.

Published 23 Apr, 2021 11:14am

Markets

Asian shares slip, dollar wallows at 1 month lows

Its New Zealand peer was upbeat at $0.7147, a level not seen since March 23.

Published 15 Apr, 2021 11:58am

Markets

Asian shares, currencies tread lower; Indian shares drop as cases spike

"With Europe on holiday today, volumes will rapidly taper this afternoon in Asia," said Jeffrey Halley, a senior Asia Pacific market analyst at OANDA.

Published 05 Apr, 2021 11:18am

Markets

Asia shares edge higher, oil slips as Suez Canal ship re-floated

Oil prices eased as markets assumed the re-floating of the Ever Given would allow tankers to use the waterway again. There were over 300 vessels waiting to pass through the shipping route which accounts for 12% of global trade.

Published 29 Mar, 2021 11:56am

Markets

Asia shares edge higher, oil slips as Suez Canal ship re-floated

Oil prices eased as markets assumed the re-floating of the Ever Given would allow tankers to use the waterway again. There were over 300 vessels waiting to pass through the shipping route which accounts for 12% of global trade.

Published 29 Mar, 2021 11:56am

Markets

Asian shares hit 2-week lows, dollar gains as investors scurry for cover

Brent crude futures rose 22 cents to $61.01 a barrel, after tumbling 5.9% and hitting a low of $60.50 on Tuesday. West Texas Intermediate (WTI) crude futures added 17 cents to $57.93, having lost 6.2% the previous day.

Published 24 Mar, 2021 12:47pm

Markets

Stocks cheer dovish Fed, yen supported before BOJ decision

Oil futures extended declines, weighed down by rising US crude inventories and by expectations of weaker demand in Europe, where the coronavirus vaccine roll out is faltering.

Published 18 Mar, 2021 01:06pm

Markets

Easing inflation fears, bond yields lift most Asian stocks higher

Markets in India and Indonesia were closed for holidays.

Published 11 Mar, 2021 11:54am

Markets

Asian stocks rally, battered bond market tries for stability

Non-yielding gold was still nursing losses after hitting an eight-month low on Friday en route to its worst month since November 2016. It was last at $1,750 an ounce, just above a trough around $1,716.

Published 01 Mar, 2021 09:45am

Business & Finance

Asian shares jump after Powell nixes rate hike fears

Powell’s reassurance gave a fresh impetus to reflation trades and boosted risk asset prices while also driving U.S. bond yields back up to one-year highs.

Published 25 Feb, 2021 12:00pm

Markets

Asia sets up global stocks for extended bull run on economic optimism

MSCI's emerging market currency index hit a record high as well.

Published 16 Feb, 2021 12:52pm

Markets

Asian shares stuck in holiday lull, bitcoin powers higher

The yield on 10-year US Treasuries rose to 1.1632%, while the 30-year yield edged up to 1.9468%.

Published 12 Feb, 2021 09:56am

Markets

Oil drops after strong rally, demand hopes limit losses

Asian shares rested at record highs on Thursday as investors digested recent meaty gains, though the promise of endless free money to sustain buying was reaffirmed by benign US inflation data and a very dovish outlook from the Federal Reserve.

Published 11 Feb, 2021 10:02am

Markets

Asia stocks hold at highs, sustained by bottomless stimulus

In commodity markets, gold was sidelined at $1,838 an ounce as investors drove platinum to a six-year peak on bets of more demand from the automobile sector.

Published 11 Feb, 2021 09:59am

Markets

Asian shares, oil buoyant on economic revival hopes

The euro was a tad weaker after rising 0.7% on Friday to a one-week high of $1.2054. It was last at $1.2034.

Published 08 Feb, 2021 11:19am

Markets

Indian shares up for sixth day as post-budget rally continues

ICICI Bank and HDFC Bank were the top two boosts to the Nifty 50.

Published 08 Feb, 2021 11:01am

Markets

Indian shares hit another record high as post-budget rally continues

Among individual stocks, State Bank of India was set to gain for a sixth straight session following well-received quarterly results. The stock has jumped 46% so far in the last eight sessions.

Published 08 Feb, 2021 10:37am

Markets

Asian stocks ease on China liquidity worries, stimulus hopes lift US bond yields

Gold also fell 0.6% to $1,821.90 per ounce.

Published 04 Feb, 2021 10:23am

Markets

US stimulus, vaccine progress encourage equity bulls

Oil prices continued their upswing as producers limited supply in the face of increased fuel demand from a bad winter storm in the US Northeast.

Published 03 Feb, 2021 12:23pm

Markets

Top Gulf markets up; Saudi index falls

DUBAI: Most major Gulf markets finished higher on Tuesday, tracking broader Asian shares, as increased optimism ...

Published 03 Feb, 2021 04:35am

Markets

Asian shares rally as retail crowd catch silver bug

The euro idled at $1.2129, well off its recent peak at $1.2349, while the dollar held firm at 104.70 yen.

Published 01 Feb, 2021 11:25am

Markets

Asia shares try to rally, retail crowd catches silver bug

Japan's Nikkei added 0.8%, after shedding almost 2% on Friday, while Chinese blue chips gained 0.5% as the country's central bank injected more cash into money markets.

Updated 01 Feb, 2021 09:11am

Markets

Asia shares undone by Wall St swoon, short seller squeeze

The euro fell back to $1.2090 amid reports the European Central Bank felt markets were under pricing the risk of more rate cuts.

Published 28 Jan, 2021 11:39am

Markets

Recovery hopes lift British mid-caps; Ibstock shines

LONDON: British mid-caps tracked a rally in Asian shares on Thursday as hopes of a swift economic recovery this year...

Published 22 Jan, 2021 04:47am

Markets

Asian shares hit a record high after Yellen calls for big spending

The yen was little moved at 103.81 to the dollar while the Chinese yuan ticked up about 0.1% to 6.4741 per dollar.

Published 20 Jan, 2021 11:42am

Markets

Asia shares look to China for recovery lead, earnings in focus

The Canadian dollar eased to $1.2731 on reports Biden would cancel a permit for the Keystone XL pipeline as one of his first acts in office.

Published 19 Jan, 2021 11:05am

Markets

Asia shares pare losses as China GDP pips forecasts

Gold prices were undermined by the bounce in the dollar leaving the metal down at $1,824 an ounce, compared to its January top of $1,959.

Published 18 Jan, 2021 11:42am

Markets

Asia shares pare losses as China economy rebounds

Biden's pick for Treasury Secretary, Janet Yellen, is expected to rule out seeking a weaker dollar when testifying on Capital Hill on Tuesday, the Wall Street Journal reported.

Published 18 Jan, 2021 10:20am

Markets

Asia shares edge higher as Biden unveils $1.9 trln US stimulus plan

Oil prices, which had risen on a weak dollar and strong Chinese import data, were mixed by midday in Asia as COVID-19 concerns in China hit sentiment.

Published 15 Jan, 2021 10:23am

Markets

Asia stocks near highs, yields up on US stimulus risk

The sudden lift in bond yields undermined gold, which pays no interest, and the metal fell back 1.1% to $1,828 an ounce from its recent peak of $1,959.

Published 11 Jan, 2021 10:58am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 16	5297.10
Nasdaq / May 16	16698.32
Dow Jones / May 16	39869.38
India Sensex / May 17	73946.83
Tokyo Nikkei / May 17	38787.38
Hang Seng / May 17	19525.75
FTSE 100 / May 17	8430.62
Germany DAX 30 / May 17	18692.83

Item	Value
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210048
Gold Spot USD/Ounce / May 17	2386.18
Cotton US¢/pound / May 17	76.29
Petrol/Litre / May 18	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 18 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 18 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 18 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 18 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 18 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 18 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 18 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 18 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 18 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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