News stories for Usama Fayyaz - Business Recorder

Usama Fayyaz

Markets

Raw sugar prices ease, focus on India export prospects

LONDON: Raw sugar prices on ICE weakened on Thursday, drifting down towards the prior session's near 11-month low, with

Published 29 Aug, 2019 09:03pm

World

Italy's president gives Conte green light to form new government

ROME: Italy's president asked Giuseppe Conte to head up a coalition of the 5-Star Movement and opposition Democratic Par

Published 29 Aug, 2019 09:01pm

Business & Finance

Mexico central bank board member Guzman was lone vote to hold rates steady

MEXICO CITY: Mexico central bank deputy governor Javier Guzman was the sole board member who voted to hold the Bank of M

Published 29 Aug, 2019 08:57pm

Markets

US natural gas rises to 1-month high on storage build near expectations

US natural gas futures rose on Thursday to hit a one-month peak after a government report showed a weekly US storage bui

Published 29 Aug, 2019 08:53pm

Business & Finance

Volkswagen discussing Turkish car tax as it seeks deal on plant

ANKARA: German carmaker Volkswagen is holding talks with officials in Ankara over Turkey's vehicle tax regime as it seek

Published 29 Aug, 2019 08:48pm

Markets

Sterling volatility gauges jump as investors fear Brexit showdown

LONDON: Traders are bracing for more big price swings in the pound between now and the expected Oct. 31 Brexit date afte

Published 29 Aug, 2019 08:46pm

Markets

Gold firms as slowdown fears linger; positive trade vibes cap gains

Gold firmed near a multi-year peak on Thursday as fragile sentiment over the global economy boosted safe havens, while p

Published 29 Aug, 2019 08:43pm

Markets

Italy's bond yields hit record lows on coalition green light

LONDON: Italian and Greek bond yields hit record lows on Thursday after Italy's president gave Giuseppe Conte the green

Published 29 Aug, 2019 08:42pm

Business & Finance

ECB has room to ease but must consider stability risks

FRANKFURT: The European Central Bank still has room to cut interest rates if needed, although this may pose a financial

Published 29 Aug, 2019 08:40pm

Markets

Dollar stable with eased trade tensions

NEW YORK: The US dollar was modestly higher on Thursday as news Washington and Beijing were discussing negotiations in S

Published 29 Aug, 2019 08:38pm

Trump: US will maintain presence in Afghanistan even if deal reached with Taliban

WASHINGTON: President Donald Trump said on Thursday that US troop levels in Afghanistan were being reduced to 8,600 but

Published 29 Aug, 2019 08:36pm

Markets

Wall Street rises after China trade comments, tech boost

A rise in technology stocks lifted Wall Street on Thursday, as China sounded hopeful of a resolution to the protracted t

Published 29 Aug, 2019 08:06pm

Markets

Gazprom's Baltic LNG project needs state support: Russian PM

MOSCOW: Gazprom's new chemical and liquefied natural gas project in the Baltic port of Ust-Luga will be impossible to bu

Published 29 Aug, 2019 08:04pm

Markets

Europe Distillates-Diesel cracks gain after ARA stocks draw

LONDON: Benchmark northwest European diesel refining margins rose slightly on Thursday after a small decline in regional

Published 29 Aug, 2019 08:03pm

US, China to talk trade Thursday: Trump

WASHINGTON: President Donald Trump said US and Chinese trade officials were due to hold discussions on Thursday, days be

Published 29 Aug, 2019 07:58pm

Court bids launched to stop Johnson suspending UK parliament

LONDON: Prime Minister Boris Johnson's suspension of parliament just weeks before Britain's EU departure date faced lega

Published 29 Aug, 2019 07:57pm

Markets

Peso falls further as Argentina readies IMF debt restructure

BUENOS AIRES: Argentina's beleaguered currency continued its freefall Thursday, after the government asked the Internati

Published 29 Aug, 2019 07:55pm

World

Ukraine president picks young lawyer as prime minister

KIEV: Ukrainian President Volodymyr Zelensky on Thursday picked untested 35-year-old lawyer Oleksiy Goncharuk as his pri

Published 29 Aug, 2019 07:52pm

Sports

Osaka sweeps through at US Open as Kvitova goes out

NEW YORK: Reigning US Open champion Naomi Osaka eased into the third round Thursday but Petra Kvitova crashed out as org

Published 29 Aug, 2019 07:50pm

World

Israeli PM, libertarians hash out weed deal ahead of polls

JERUSALEM: Israeli Prime Minister Benjamin Netanyahu on Thursday announced a deal with a far-right party which agreed to

Published 29 Aug, 2019 07:48pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	278.52
USD PKR Interbank Buying / Apr 25	278.32
USD to Japanese Yen / Apr 25	155.61
USD to Swiss Franc / Apr 25	0.91
Pound Sterling to USD / Apr 25	1.25
Euro to USD / Apr 25	1.07

Stock	Volume
S&P 500 / Apr 25	5048.42
India Sensex / Apr 25	74339.44
Tokyo Nikkei / Apr 25	37628.48
Nasdaq / Apr 25	15611.76
Hang Seng / Apr 25	17284.54
FTSE 100 / Apr 25	8078.86
Dow Jones / Apr 25	38085.80
Germany DAX 30 / Apr 25	17917.28

Item	Value
Crude Oil USD/Barrel / Apr 25	83.77
Karachi Cotton PKR/37.32 KG / Apr 25	20535
Gold 10 Grams PKR / Apr 25	240900
Gold Spot USD/Ounce / Apr 25	2331.28
Cotton US¢/pound / Apr 25	81.08
Petrol/Litre / Apr 26	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 26 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 26 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 26 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 26 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 26 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 26 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 26 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 26 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 26 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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