Trends - Wall Street - Business Recorder

Wall Street

Wall St advances, dollar declines as remarkable year nears finish line

All three major US stock averages higher.
Dollar sinks to lowest since April 2018.
Stimulus check negotiations continue in Washington.

Published 30 Dec, 2020 09:15pm

Markets

Wall St opens higher on hopes of vaccine-fueled recovery

The Dow Jones Industrial Average rose 79.42 points, or 0.26%, at the open to 30,415.09.
The S&P 500 opened higher by 9.15 points, or 0.25%, at 3,736.19.

Published 30 Dec, 2020 08:59pm

Markets

Australia shares track Wall Street lower, snap 3 days of gains

Gold stocks ended slightly lower despite a rise in spot prices, while financials tracked the broad market sell-off to close down 0.3%.

Published 30 Dec, 2020 12:36pm

Markets

Nikkei pulls back from over 30-year high on profit-taking

Honda Motor led the underperformers among the Topix 30, down 1.79%, followed by Shin-Etsu Chemical, which lost 1.72%.

Published 30 Dec, 2020 10:18am

Markets

Australian shares set to open lower tracking Wall Street dip; NZ inches up

New Zealand's benchmark S&P/NZX 50 index inched up 0.1pc by 2122 GMT, after closing at a record high on Tuesday.

Published 30 Dec, 2020 04:07am

Markets

Wall St opens at record high on fiscal aid relief, vaccine optimism

The Dow Jones Industrial Average rose 88.1 points, or 0.29%, at the open to 30,492.07.
The S&P 500 rose 14.7 points, or 0.39%, to 3750.01.

Published 29 Dec, 2020 08:26pm

Markets

Hong Kong stocks open on front foot

The Hang Seng Index rose 0.67 percent, or 175.82 points, to 26,490.45.

Published 29 Dec, 2020 08:55am

Markets

Wall Street hits record high after Trump signs fiscal aid bill

The Dow Jones Industrial Average rose 83.4 points, or 0.28%, at the open to 30,283.23. The S&P 500 rose 20.0 points, or 0.54%, at the open to 3,723.03

Updated 28 Dec, 2020 07:39pm

Markets

Wall Street edges higher at open on recovery hopes

The Dow Jones Industrial Average rose 26.09 points, or 0.09%, at the open to 30,155.92.
The S&P 500 opened higher by 4.02 points, or 0.11%, at 3,694.03.

Published 24 Dec, 2020 08:11pm

Markets

Asian stocks and pound cheer Brexit, Alibaba slumps on monopoly probe

Investors largely shrugged off comments by US President Donald Trump that a nearly $900 billion stimulus bill, agreed upon after months of wrangling in Congress, was "a disgrace" that he might not sign.

Published 24 Dec, 2020 09:57am

Markets

Tesla tumbles 6.5% from record high in S&P 500 debut

The company's shares had opened down nearly 5%.

Published 22 Dec, 2020 10:23am

Markets

Tokyo stocks open lower on virus worries

SoftBank Group was down 1.13 percent at 8,393 yen following reports that it applied for an initial public offering of a special purpose acquisition company (SPAC) called SVF Investment to raise up to $525 million.

Published 22 Dec, 2020 08:58am

Markets

Wall Street drops on fears over new coronavirus strain

Travel stocks drop on disruption fears.
Big banks jump after Fed's stress test results.
US Congress set to vote on $900 bln relief bill.
- Tesla slips from record high in its S&P 500 debut.
Indexes down: Dow 1.29%, S&P 1.86%, Nasdaq 1.76%.

Published 21 Dec, 2020 08:44pm

Markets

Black on Wall Street: Slow progress in building the numbers

Logan also serves as chairman for the National Association of Securities Professionals, a professional society for minorities in the securities and investments industries.

Published 21 Dec, 2020 11:44am

Markets

Wall St Week Ahead-RPT-Investors bet old-school retailers will rebound in 2021

Retail shares likely will not advance in unison, as the pandemic has only magnified long-standing trends that will separate winners from losers, investors said.

Published 20 Dec, 2020 07:12pm

Markets

Wall St to open flat as stimulus rally cools; Weekly gains on tap

U.S. S&P 500 E-minis were up 1 point, or 0.03pc at 8:06 a.m. ET, Dow E-minis were up 6 points, or 0.02pc, while Nasdaq 100 E-minis were up 2.25 points, or 0.02pc.

Published 18 Dec, 2020 06:50pm

Markets

Wall Street opens higher on stimulus bets

The Dow Jones Industrial Average rose 61.46 points, or 0.20pc, at the open to 30,216.00.

Published 17 Dec, 2020 07:39pm

Markets

Nasdaq ends at record high as investors await stimulus

Fed promises to keep bond purchases going.
Twitter gains after JPMorgan upgrade.

Published 17 Dec, 2020 02:15am

Markets

Hong Kong stocks close higher

The Hang Seng Index added 0.97 percent, or 253.00 points, to 26,460.29.

Published 16 Dec, 2020 01:28pm

Markets

Hong Kong stocks up at lunch

The Hang Seng Index added 0.82 percent, or 215.58 points, to 26,422.87.

Published 16 Dec, 2020 12:25pm

Markets

Japan shares rise on Wall Street gains; Apple suppliers shine

In its final policy meeting of the year, the US central bank is expected to keep its key overnight interest rate pinned near zero and signal it will stay there for years to come.

Published 16 Dec, 2020 08:35am

Markets

Wall Street ends higher on stimulus optimism, Apple boost

Apple jumps on report of higher iPhone production in 2021.
Technology sector seen resilient through pandemic – analyst.
Utilities and materials sectors among strongest performers.

Published 16 Dec, 2020 02:11am

Markets

Wall St opens higher on stimulus hopes; Fed in focus

The S&P 500 opened higher by 18.92 points, or 0.52pc, at 3,666.41, while the Nasdaq Composite gained 103.22 points, or 0.83pc, to 12,543.26 at the opening bell.

Published 15 Dec, 2020 08:00pm

Markets

Wall St opens higher as travel stocks rally on vaccine roll-out

The S&P 500 opened higher by 11.81 points, or 0.32pc, at 3,675.27, while the Nasdaq Composite gained 69.57 points, or 0.56pc, to 12,447.44 at the opening bell.

Published 14 Dec, 2020 07:47pm

Business & Finance

Stimulus uncertainty hems in Wall Street; Disney soars

The U.S. Senate, facing a midnight deadline on Friday, unanimously approved a one-week extension of federal funding to avoid a government shutdown and to provide more time for separate negotiations on COVID-19 relief and an overarching spending bill.

Published 12 Dec, 2020 10:30am

Markets

Wall St drops as stimulus delay weighs; Disney soars

Walt Disney marks biggest intraday pct gain since March.
Energy and financials lead sectoral declines.
Qualcomm among biggest drags on S&P 500.
Indexes down: Dow 0.5%, S&P 0.8%, Nasdaq 1.0%.

Published 12 Dec, 2020 12:37am

Markets

Wall Street slips at open as stimulus doubts resurface

The S&P 500 dropped 16 points, or 0.44pc, to 3,652.10, while the Nasdaq Composite dropped 65.45 points, or 0.53pc, to 12.340.35.

Published 11 Dec, 2020 08:22pm

Markets

Wall Street falls at open as weekly jobless claims surge

The S&P 500 fell 19.11 points, or 0.52pc, to 3,653.71, while the Nasdaq Composite dropped 98.80 points, or 0.80pc, to 12,240.15.

Published 10 Dec, 2020 08:03pm

Markets

Tokyo stocks open lower on profit-taking

The benchmark Nikkei 225 index slipped 0.42 percent or 113.38 points to 26,704.56 in early trade, while the broader Topix index was down 0.19 percent or 3.39 points at 1,776.03.

Published 10 Dec, 2020 12:07pm

Markets

Wall Street ends lower on stimulus uncertainty, Facebook weighs

Two allergic reactions were reported on the first day of the rollout of the Pfizer COVID-19 vaccine, the head of Britain's medicine regulator said on Wednesday.

Published 10 Dec, 2020 08:47am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 31	278.42
USD PKR Interbank Buying / May 31	278.22
USD to Japanese Yen / May 31	157.31
USD to Swiss Franc / May 31	0.90
Pound Sterling to USD / May 31	1.27
Euro to USD / May 31	1.08

Stock	Volume
S&P 500 / May 31	5277.51
India Sensex / May 31	73961.31
Tokyo Nikkei / May 31	38487.90
Nasdaq / May 31	16735.02
Hang Seng / May 31	18079.61
FTSE 100 / May 31	8275.38
Dow Jones / May 31	38686.32
Germany DAX 30 / May 31	18497.94

Item	Value
Crude Oil USD/Barrel / May 31	76.99
Karachi Cotton PKR/37.32 KG / May 31	19935
Gold 10 Grams PKR / May 31	207219
Gold Spot USD/Ounce / May 31	2327.33
Cotton US¢/pound / May 31	75.11
Petrol/Litre / Jun 1	268.36

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 1 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 1 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 1 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 1 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 1 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 1 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 1 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 1 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 1 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 1 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 1 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 1 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 1 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 1 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 1 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 1 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 1 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 1 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 1 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 1 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 1 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 1 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 1 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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