News stories for AFP - Business Recorder

AFP

Markets

Asian markets extend global rally as banking sector fears ease

HONG KONG: Asian markets rose Friday, tracking New York and European equities, as traders welcomed...

Published 17 Mar, 2023 11:21am

World

New Zealand to ban TikTok from MPs’ devices: parliament

WELLINGTON: New Zealand will ban Chinese-owned social media app TikTok from lawmakers’ devices, officials told AFP...

Published 17 Mar, 2023 11:18am

World

Kim Jong Un and daughter oversee North Korea’s ICBM launch

SEOUL: North Korean leader Kim Jong Un, accompanied by his daughter, personally oversaw the recent test-firing of...

Published 17 Mar, 2023 11:15am

Sports

Australian smashes record for world’s longest surf

SYDNEY: Australian Blake Johnston on Friday shredded the world record for the longest surfing session, admitting he...

Published 17 Mar, 2023 11:11am

Sports

Conway hits 78 as New Zealand dig in on opening day against Sri Lanka

WELLINGTON: Devon Conway’s blistering 78 helped hosts New Zealand race to 155-2 against Sri Lanka at the end of a...

Updated 17 Mar, 2023 11:45am

Sports

Alcaraz to face Sinner, Swiatek gets Rybakina in Indian Wells semi-finals

INDIAN WELLS: Top-seeded Carlos Alcaraz beat Felix Auger-Aliassime for the first time in his career to book a...

Published 17 Mar, 2023 11:03am

Sports

Bangladesh call up batsman Rony for Ireland ODIs

DHAKA: Bangladesh have called up opening batsman Rony Talukdar to their one-day squad for the three-match series...

Published 17 Mar, 2023 11:00am

Sports

Infantino announces big increase in Women’s World Cup prize money

KIGALI: Prize money at the upcoming Women’s World Cup in Australia and New Zealand will be triple that at the last...

Published 17 Mar, 2023 10:58am

Markets

Tokyo shares close higher

TOKYO: Tokyo markets closed higher on Friday, supported by gains of chip-linked shares, following US rallies on...

Updated 17 Mar, 2023 11:50am

Yellen says US banking system sound despite turmoil

WASHINGTON: The US banking system remains sound despite market anxiety over the collapse of Silicon Valley Bank ...

Updated 17 Mar, 2023 09:15am

UN grants one-year extension to Afghanistan mission

UNITED NATIONS: The Security Council on Thursday renewed the United Nations Mission in Afghanistan (UNAMA) for...

Updated 17 Mar, 2023 09:10am

World

Poland to be first NATO member to send fighter jets to Ukraine

WARSAW: Polish President Andrzej Duda on Thursday said Warsaw would deliver an initial batch of four MiG-29 fighter...

Published 16 Mar, 2023 11:00pm

World

White House says Xi-Zelensky talks would be a 'good thing'

WASHINGTON: The White House said Thursday that talks between Ukrainian President Volodymyr Zelensky and Chinese...

Published 16 Mar, 2023 10:52pm

World

Saudi officials downplay risks to global bank sector

RIYADH: Saudi finance officials on Thursday downplayed risks to the global banking sector after days of market...

Published 16 Mar, 2023 09:02pm

World

China urges Ukraine, Russia to restart peace talks ‘as soon as possible’

BEIJING: China’s foreign minister on Thursday urged Kyiv and Moscow to restart peace talks “as soon as possible”,...

Published 16 Mar, 2023 07:46pm

Sports

World record-holding Pakistan umpire Aleem Dar steps down

LAHORE: Pakistan veteran Aleem Dar stepped down Thursday from the ICC Elite Panel of Umpires after officiating in a...

Published 16 Mar, 2023 07:30pm

Markets

US stocks mostly down as markets weigh bank turmoil, ECB rate hike

NEW YORK: Wall Street stocks were mostly lower early Thursday amid lingering angst over the banking sector as the...

Published 16 Mar, 2023 07:27pm

World

Top UAE and Iran security officials meet after Riyadh-Tehran deal

DUBAI: The United Arab Emirates’ national security adviser held talks Thursday in Abu Dhabi with his Iranian...

Published 16 Mar, 2023 07:23pm

World

UAE pledges $3mn to rebuild Palestinian town raided by settlers

DUBAI: The United Arab Emirates has pledged $3 million to support the reconstruction of a Palestinian town in the...

Published 16 Mar, 2023 05:56pm

Business & Finance

US banking system ‘remains sound’: Yellen

WASHINGTON: The US banking system “remains sound” despite market anxiety over the collapse of Silicon Valley Bank...

Published 16 Mar, 2023 05:07pm

Gainers
Losers
Leaders

Stock	Price
Power Cem(Pref) / Jun 9 Power Cement (Pref)(POWERPS)	6 ▲ 1.00 (20.00%)
Pak Gulf Leasing / Jun 9 Pak-Gulf Leasing Company Limited(PGLC)	7.55 ▲ 1.00 (15.27%)
PICIC Ins.Ltd. / Jun 9 PICIC Insurance Limited(PIL)	0.68 ▲ 0.09 (15.25%)
Sindh Modaraba / Jun 9 Sindh Modaraba(SINDM)	8.20 ▲ 1.00 (13.89%)
Sec. Inv. Bank / Jun 9 Security Investment Bank Limited(SIBL)	5.50 ▲ 0.54 (10.89%)
Hala Enterprise / Jun 9 Hala Enterprises Limited(HAEL)	7.05 ▲ 0.65 (10.16%)
Merit Packaging / Jun 9 Merit Packaging Limited(MERIT)	8.80 ▲ 0.79 (9.86%)
Popular Islamic / Jun 9 Popular Islamic Modaraba(PIM)	10.95 ▲ 0.96 (9.61%)
Next Capital / Jun 9 Next Capital Limited(NEXT)	5.44 ▲ 0.45 (9.02%)
Ist.Dawood Bank / Jun 9 First Dawood Investment Bank Limited(FDIBL)	1.70 ▲ 0.14 (8.97%)

Stock	Price
Mod. Al-Mali (R) / Jun 9 Modaraba Al-Mali R(MODAMR1)	0.23 ▼ -0.25 (-52.08%)
F.Treet Manuf / Jun 9 First Treet Manufacturing Modaraba(FTMM)	5.36 ▼ -1.00 (-15.72%)
HBL Invest Fund / Jun 9 HBL Investment Fund(HIFA)	1.38 ▼ -0.22 (-13.75%)
Service Textile / Jun 9 Service Industries Textiles Limited(SERT)	6.50 ▼ -0.70 (-9.72%)
Tariq Corp.Pref. / Jun 9 Tariq Corporation Limited-Preference Shares(TCORPCPS)	9.49 ▼ -1.00 (-9.53%)
United Brands / Jun 9 United Brands Limited(UBDL)	10.20 ▼ -0.94 (-8.44%)
EFG Hermes Pak / Jun 9 EFG Hermes Pakistan Limited(EFGH)	11.50 ▼ -0.98 (-7.85%)
First IBL Mod. / Jun 9 First IBL Modaraba(FIBLM)	2.60 ▼ -0.22 (-7.80%)
Allawasaya Tex / Jun 9 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	2764 ▼ -224.00 (-7.50%)
Ellcot Spinning / Jun 9 Ellcot Spinning Mills Limited(ELSM)	97.52 ▼ -7.91 (-7.50%)

Stock	Volume
Unity Foods Ltd / Jun 9 Unity Foods Limited(UNITY)	28,723,523 ▲ 0.24
TPL Properties / Jun 9 TPL Properties Limited(TPLP)	19,470,263 ▲ 0.38
WorldCall Telecom / Jun 9 Worldcall Telecom Limited(WTL)	17,617,018 ▲ 0.01
Faysal Bank / Jun 9 Faysal Bank Limited(FABL)	10,414,954 ▲ 1.25
Hascol Petrol / Jun 9 Hascol Petroleum Limited(HASCOL)	9,814,500 ▲ 0.23
Pak Refinery / Jun 9 Pakistan Refinery Limited(PRL)	9,600,621 ▼ -0.04
P.I.A.C.(A) / Jun 9 Pakistan International Airlines Corp(PIAA)	8,850,500 ▲ 0.02
Pak Int.Bulk / Jun 9 Pakistan International Bulk Terminal(PIBTL)	6,660,000 ▲ 0.12
Fauji Foods Ltd / Jun 9 Fauji Foods Limited(FFL)	6,382,956 ▲ 0.01
Telecard Limited / Jun 9 Telecard Limited(TELE)	5,453,799 ▲ 0.15

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 9	286.95
USD PKR Interbank Buying / Jun 9	286.80
USD to Japanese Yen / Jun 9	139.36
USD to Swiss Franc / Jun 9	0.90
Pound Sterling to USD / Jun 9	1.25
Euro to USD / Jun 9	1.08
UK LIBOR % / Jun 8	5.07

Stock	Volume
S&P 500 / Jun 8	4293.93
Nasdaq / Jun 8	13238.52
Dow Jones / Jun 8	33833.61
India Sensex / Jun 9	62625.63
Tokyo Nikkei / Jun 9	32198.70
Hang Seng / Jun 9	19359.13
FTSE 100 / Jun 9	7602.26
Germany DAX 30 / Jun 9	15981.08
France CAC40 / Jun 9	7223.38

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 8	20235
Gold 10 Grams PKR / Jun 8	194616
Crude Oil USD/Barrel / Jun 9	70.85
Gold Spot USD/Ounce / Jun 9	1963.16
Cotton US¢/pound / Jun 9	81.53

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