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Wall Street

Wall Street at record highs as Netflix jumps, Biden inaugurated

NEW YORK: US stocks closed at record highs on Wednesday as Joe Biden was sworn in as the 46th US president, while...

Published 22 Jan, 2021 04:47am

Markets

Thursday's early trade: Indexes hover near record highs

NEW YORK: Wall Street's main indexes hovered near record highs on Thursday as investors counted on more pandemic...

Published 22 Jan, 2021 04:47am

Business & Finance

Euro clings to gains in Europe

LONDON: The euro clung to its gains on Thursday after the European Central Bank stuck to its monetary policy while...

Published 22 Jan, 2021 04:47am

Markets

Wall Street up as Yellen backs more stimulus

NEW YORK: Wall Street’s main indexes rose on Tuesday as US Treasury Secretary nominee Janet Yellen advocated for a...

Published 21 Jan, 2021 04:23am

Markets

European shares surge

MILAN/FRANKFURT: European stocks rose on Wednesday after chip equipment maker ASML and Swiss luxury group Richemont...

Published 21 Jan, 2021 04:23am

Markets

S&P 500, Nasdaq scale record highs as Netflix jumps; Biden takes office

Netflix projects an end to borrowing binge, shares surge.
Morgan Stanley gains as quarterly profit races past estimates.
Joe Biden to be sworn in as US President later in the day.
Indexes up: Dow 0.53%, S&P 0.97%, Nasdaq 1.68%.

Published 20 Jan, 2021 09:31pm

Markets

Global markets firmer ahead of Biden's inauguration

Wall Street stocks pushed higher at the opening bell, with the Dow gaining 0.3 percent.

Published 20 Jan, 2021 08:40pm

Technology

Pandemic-driven cleaning routines boost P&G sales forecast again

The company's shares rose 2% before the opening bell.
P&G said it expects full-year sales to rise 5% to 6%, compared with a prior forecast of a 3% to 4% increase.

Published 20 Jan, 2021 06:01pm

Markets

Wall St closes higher as Yellen backs more stimulus

Tesla Inc shares rose after Jefferies raised its earnings estimates ahead of the electric-car maker's fourth-quarter results next week.

Published 20 Jan, 2021 10:15am

Markets

Tokyo stocks open higher ahead of Biden's inauguration

The dollar fetched 103.89 yen in early Asian trade, against 103.90 yen in New York late Tuesday.

Published 20 Jan, 2021 10:10am

Markets

Tuesday’s early trade: US top indexes up

NEW YORK: Wall Street’s main indexes rose on Tuesday after upbeat earnings from big US banks and Halliburton, ...

Published 20 Jan, 2021 04:29am

Markets

Oil prices climb

• IEA cuts 2021 oil demand outlook, but sees upturn in H2 NEW YORK: Oil prices climbed with US stock markets on...

Published 20 Jan, 2021 04:29am

Markets

Wall St opens higher ahead of Yellen speech; spotlight on earnings

Yellen's speech begins at 10 a.m. ET.
Bank of America, Goldman Sachs rise on profit beat.
Halliburton up after higher sequential profit.
Indexes up: Dow 0.74%, S&P 0.79%, Nasdaq 1.03%.

Published 19 Jan, 2021 09:55pm

Markets

Shares climb, dollar dips before Yellen speech; earnings in focus

World shares rise 0.4%, oil up 1%, US dollar falls.
US stock index futures point to strong start.
Yellen to say US must 'act big' on relief package.
Italian bond yields drop ahead of confidence vote.

Published 19 Jan, 2021 07:52pm

Business & Finance

Goldman Sachs profit more than doubles on underwriting, trading boost

Revenue from global markets, which houses the bank's flagship trading business, registered its best annual performance in a decade.
Total revenue climbed 18% to $11.74 billion. The bank's net earnings applicable to common shareholders rose to $4.36 billion.

Published 19 Jan, 2021 07:32pm

World

Blackstone's Schwarzman: New US admin going to take a 'softer tone' towards China

"There is really a very substantial overlap of interest in these countries and the interest of the world," he said. "I expect to see much less tension."
Investors expected more clarity from Biden's administration regarding the rules but were not hopeful for a fundamental change of relationship between the world's two biggest economies.

Published 19 Jan, 2021 07:15pm

Markets

Yellen to tell lawmakers ‘act big’ on coronavirus relief

The plan calls for bold investment to jump-start the economy and accelerate the distribution of vaccines to bring the virus under control.
We think it more likely that Yellen tries to nudge the USD weaker over the medium term

Published 19 Jan, 2021 07:08pm

Business & Finance

Dollar reaches one-month high in Europe

LONDON: The US dollar strengthened for a third consecutive day on Monday, reaching a four-week high, as risk ...

Published 19 Jan, 2021 04:22am

Business & Finance

Wall St Week Ahead-Earnings season to test surge in regional banks stocks

Regional banks, including Zions Bancorp, First Midwest Bancorp and United Community Banks Inc , are expected to report their quarterly results on Tuesday.

Published 17 Jan, 2021 08:52pm

Markets

S&P 500, Dow drop as big banks fall after results

JPMorgan dips despite posting jump in profit.
Citigroup, Wells Fargo slip after results.
Walmart drops as head of e-commerce to retire.
Retail sales fall again in December.
Indexes: Dow down 0.36%, S&P slips 0.26%, Nasdaq up 0.12%.

Published 15 Jan, 2021 08:29pm

Markets

Wall St Week Ahead-Earnings season to test surge in regional banks stocks

The large banks with the large customers are in better shape across the board" because of their greater access to credit markets and investment banking income.
Regional banks, including Zions Bancorp, First Midwest Bancorp and United Community Banks Inc , are expected to report their quarterly results on Tuesday.

Published 15 Jan, 2021 05:17pm

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

Tokyo stocks lower with eyes on fresh US stimulus

In Tokyo, Canon rallied 5.83 percent to 2,195.5 yen after it revised up forecasts for full-year operating profit.

Published 15 Jan, 2021 09:38am

Markets

Stocks climb in anticipation of US stimulus plan, yields up slightly

Dow, Nasdaq hit record highs in early New York trading.
US bond yields, dollar slightly higher.
Biden to unveil stimulus proposal.

Published 14 Jan, 2021 09:38pm

Markets

Stocks rise with Biden stimulus in focus

Wall Street's main indices rose as trading got underway, with the Dow adding 0.3 percent.

Published 14 Jan, 2021 08:22pm

Markets

Australia shares stand pat ahead of US stimulus plan, earnings

Advancers outnumbered decliners on the ASX by 635 to 496, a 1.3-to-1 ratio. There were 65 new highs and 38 new lows.

Published 14 Jan, 2021 12:35pm

Markets

Stocks rise, U.S. yield falls; demand weighs on oil

Consumer prices are expected to run hotter in a couple of months when March and April of 2020, which saw very low inflation, fall off the yearly reading.

Published 13 Jan, 2021 11:33pm

Markets

Stocks steady as traders eye historic impeachment bid

Wall Street opened with the Dow flat and the S&P 500 and Nasdaq Composite drifting higher.

Updated 13 Jan, 2021 11:18pm

Markets

Australia shares flat as markets eye stimulus, earnings

The ASX 300 metals and mining index rose 1%, led by Iluka Resources, up 5.3%, followed by MACA Ltd , up 4.5?%.

Published 13 Jan, 2021 11:41am

Markets

Wall St edges higher with eyes on earnings season; GM soars

Five of the 11 major S&P sectors were trading higher with energy stocks gaining about 3pc, tracking higher crude prices.

Published 13 Jan, 2021 12:28am

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 14	157.92
USD to Swiss Franc / Jun 14	0.89
Pound Sterling to USD / Jun 14	1.27
Euro to USD / Jun 14	1.07

Stock	Volume
S&P 500 / Jun 14	5,433.74
India Sensex / Jun 14	76,901.63
Tokyo Nikkei / Jun 14	38,814.56
Nasdaq / Jun 14	17,667.56
Hang Seng / Jun 14	18,017.18
FTSE 100 / Jun 14	8,163.67
Dow Jones / Jun 14	38,647.10
Germany DAX 30 / Jun 14	18,265.68

Item	Value
Petrol/Litre / Jun 14	268.36
Crude Oil USD/Barrel / Jun 14	78.04
Karachi Cotton PKR/37.32 KG / Jun 14	19,935
Gold 10 Grams PKR / Jun 14	206,361
Gold Spot USD/Ounce / Jun 14	2,311.36
Diesel/Litre / Jun 14	270.22

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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