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Wall Street

Wall Street reaches all-time highs

NEW YORK: Wall Street reached all-time closing highs on Monday as investor optimism was stoked by prospects of a...

Published 10 Feb, 2021 04:12am

Business & Finance

Centene misses profit estimates on higher costs

Centene also forecast 2021 adjusted profit between $5 and $5.30 per share, compared with Wall Street estimates of $5.24.
Centene raised its full-year revenue forecast range to $116.1 billion to $118.1 billion, from $114.1 billion to $116.1 billion.

Updated 09 Feb, 2021 11:32pm

Markets

Monday’s early trade: US top indexes scale all-time highs

NEW YORK: Wall Street’s main indexes scaled all-time highs on Monday, as investors bets on hopes that a fiscal...

Published 09 Feb, 2021 04:43am

Markets

Wall Street at record highs on stimulus, vaccine optimism

The Congress on Friday approved a budget plan that would allow a coronavirus relief bill to muscle through in the coming weeks without Republican support.

Published 09 Feb, 2021 12:35am

Markets

Japanese shares rally

TOKYO: Japanese shares ended more than 1% higher on Friday, following Wall Street's rally overnight, driven by ...

Published 06 Feb, 2021 04:06am

Markets

European shares rise, Germany lags

MILAN/FRANKFURT: European stocks rose on Friday, tracking an upbeat sentiment from Wall Street on hopes of a faster...

Published 06 Feb, 2021 04:06am

Markets

Wall St extends recent gains amid upbeat earnings, economic data

Democrats in the U.S. Senate were poised on Thursday to take a first step toward the ultimate passage of President Joe Biden's $1.9 trillion COVID-19 relief proposal.

Published 05 Feb, 2021 12:56am

Markets

Alibaba plans up to $5bn US-dollar bond issuance -term sheet

The latest offering will have various maturities up to 40 years, the term sheet showed, adding it is expected to include a tranche of sustainability notes due in 2041.

Published 03 Feb, 2021 10:39am

World

Lithuania blocks Chinese airport screening equipment

VILNIUS: NATO member Lithuania has banned the use of airport security-screening equipment made by a Chinese company...

Published 30 Jan, 2021 03:55am

US ‘outraged’ at SC verdict

WASHINGTON: The White House said it was "outraged" Thursday after Pakistan's top court upheld the acquittal and...

Published 30 Jan, 2021 03:55am

Markets

South Korea, Indonesia down, set for sharp weekly losses as riskier bets ebb

US futures fell around 1% into Asia's afternoon trading hours.

Published 29 Jan, 2021 10:14am

Markets

Japanese shares climb

TOKYO: Japanese shares suffered their biggest drop in six months on Thursday, tracking Wall Street, weighed by...

Published 29 Jan, 2021 04:55am

Markets

Thursday’s early trade: Main indexes up on big-tech strength

NEW YORK: Wall Street’s main indexes rose on Thursday, as a reversal of declines in mega-cap technology stocks...

Published 29 Jan, 2021 04:55am

Markets

Major Gulf markets weaken; Saudi index gains

DUBAI: Major Gulf markets weakened on Thursday, tracking global shares, as a sudden sell-off on Wall Street and...

Published 29 Jan, 2021 04:55am

Markets

South Korea, China, Taiwan fall most after Wall Street sell-off

Worries around the pace of a global recovery have supported the dollar, which in the lead up to 2021 had been falling.

Published 28 Jan, 2021 11:29am

Markets

Australia shares set for worst day in nearly 5 months on recovery concerns

In New Zealand, the benchmark S&P/NZX 50 index dropped as much as 2.1% to 13,099.17, its biggest intraday drop since Dec. 18.

Published 28 Jan, 2021 10:18am

Markets

Tokyo stocks open down over two percent after US rout

Bio-tech firm JCR Pharmaceuticals rallied 5.9 percent to 2,904 yen after a report said it will produce undiluted Covid-19 vaccine developed by the British drug group AstraZeneca and Oxford University.

Published 28 Jan, 2021 09:56am

World

Saudi Arabia hosts ‘Davos in Desert’

RIYADH: Saudi Arabia opened a two-day Davos-style investment forum Wednesday, with dozens of global policy makers ...

Published 28 Jan, 2021 04:40am

Business & Finance

Abbott profit beats on strong demand for COVID-19 tests

With the COVID-19 pandemic showing little signs of slowing, companies such as Abbott have benefited from a quick roll out of test kits.
Sales at its diagnostics business soared nearly 110% to $4.35 billion in the fourth quarter, nearly half of which came from COVID-19 tests.

Updated 27 Jan, 2021 11:24pm

Business & Finance

Wall Street expects near-record iPhone sales despite delay, shut Apple stores

They have an extremely good understanding of what their refresh cycle looks like and when waves are possible and whey they are not.
A "super cycle" of booms in iPhone sales after several more modest years are not new to Apple - the company's previous high came after it announced the iPhone X.

Updated 27 Jan, 2021 11:23pm

Technology

Facebook investors, shrugging off election woes, look for 'social commerce' payday

The world's biggest social media company is poised to reap a windfall from that gambit.
Wall Street expects the company to report fourth-quarter sales up 25% to $26.4 billion.

Updated 27 Jan, 2021 11:23pm

Markets

Stimulus jitters dent Wall Street’s early gains

NEW YORK: Major US averages on Monday closed off their best levels of the day, although the S&P and Nasdaq still...

Published 27 Jan, 2021 04:59am

Opinion

Wall Street-friendly rules: Congressional Democrats face challenges in repealing

With Democrats controlling the Senate, progressives want to repeal the Trump administration’s Wall Street-friendly...

Published 26 Jan, 2021 05:05am

Markets

Time to pause? Wall St grows wary of some stock bubbles

Pockets of the market have recently demonstrated investor behavior consistent with bubble-like sentiment.
Elevated retail participation has contributed to soaring prices. Retail broker eToro told Reuters it registered more than 380,000 new users in the first 11 days of 2021.

Published 25 Jan, 2021 08:55pm

Markets

Wall Street week ahead: Tech shares could retake reins as earnings heat up

NEW YORK: A bevy of major US earnings reports next week led by Apple, Microsoft and Facebook could help technology...

Published 25 Jan, 2021 04:23am

Business & Finance

IBM revenue disappoints as software sales mark rare decline

NEW YORK: IBM Corp missed Wall Street estimates for quarterly revenue on Thursday, hurt by a rare sales decline in...

Updated 25 Jan, 2021 10:07am

Opinion

Wall Street hedges against possible bumps in US vaccine rollout

As US stock prices have marched to record highs, futures contracts for Wall Street’s “fear gauge” show some...

Published 23 Jan, 2021 03:56am

Markets

Wall St slips as IBM, Intel falter after results

IBM hits two-month low on quarterly revenue miss.
Intel slips on avoiding outsourcing embrace.
Senate to vote on Yellen's Treasury secretary nomination.
Indexes: Dow down 0.54%, S&P falls 0.27%, Nasdaq flat.

Published 22 Jan, 2021 09:36pm

Markets

Wall St slips at open as IBM, Intel weigh

The Dow Jones Industrial Average fell 34.4 points, or 0.11%, at the open to 31141.56.
The S&P 500 fell 8.8 points, or 0.23%, at the open to 3844.24.

Published 22 Jan, 2021 08:16pm

Markets

Nikkei at 30-year high

TOKYO: Japanese shares hit their highest close in 30 years, taking cues from solid overnight performances on Wall...

Published 22 Jan, 2021 04:47am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 13	278.73
USD PKR Interbank Buying / Jun 13	278.53
USD to Japanese Yen / Jun 13	157.03
USD to Swiss Franc / Jun 13	0.90
Pound Sterling to USD / Jun 13	1.28
Euro to USD / Jun 13	1.08

Stock	Volume
S&P 500 / Jun 13	5421.03
India Sensex / Jun 13	76818.22
Tokyo Nikkei / Jun 13	38793.17
Nasdaq / Jun 13	17608.44
Hang Seng / Jun 13	18017.22
FTSE 100 / Jun 13	8215.48
Dow Jones / Jun 13	38712.21
Germany DAX 30 / Jun 13	18630.86

Item	Value
Crude Oil USD/Barrel / Jun 13	78.31
Karachi Cotton PKR/37.32 KG / Jun 13	19935
Gold 10 Grams PKR / Jun 13	206361
Gold Spot USD/Ounce / Jun 13	2311.94
Cotton US¢/pound / Jun 13	71.55
Petrol/Litre / Jun 14	268.36

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 14 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 14 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 14 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 14 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 14 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 14 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 14 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 14 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 14 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 14 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 14 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 14 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 14 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 14 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 14 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 14 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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