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Markets

Turkey’s central bank holds rate at 14% despite lira slide, soaring inflation

ISTANBUL: Turkey’s central bank held its policy rate at 14% for a fifth straight month on Thursday as expected, even...

Published 26 May, 2022 06:09pm

Sports

France’s Jeanjean in the limelight with Pliskova win in Paris

PARIS: Local wildcard Leolia Jeanjean caused a major upset at the French Open by thrashing ex-world number one...

Published 26 May, 2022 06:04pm

Markets

UK announces 25% windfall tax on energy producers’ profits

LONDON: Britain announced a 25% windfall tax on oil and gas producers’ profits on Thursday, alongside a 15 billion...

Published 26 May, 2022 05:45pm

Markets

Chipmaker Broadcom to buy cloud services firm VMware in $61bn deal

Broadcom Inc said on Thursday it will acquire cloud computing company VMware Inc in a $61 billion cash-and-stock...

Published 26 May, 2022 05:41pm

World

Back to snow: World Economic Forum reverts to January for 2023

DAVOS: The World Economic Forum will revert to January for its 2023 annual meeting in the Swiss ski resort of Davos...

Published 26 May, 2022 05:36pm

Markets

Indian shares snap three days of losses as banks, metal stocks rally

BENGALURU: Indian shares bucked broader market weakness to end higher on Thursday as investors picked up beaten-down...

Published 26 May, 2022 05:26pm

Technology

Sony to ramp up PS5 production and broaden games portfolio

TOKYO: Sony Group Corp said it plans to ramp up production of its PlayStation 5 console as supply chain snarls ease...

Published 26 May, 2022 04:38pm

World

Russia prepares to seize western firms looking to leave

Russia is advancing a new law allowing it to take control of the local businesses of western companies that decide...

Published 26 May, 2022 04:12pm

Markets

Palm hits three-week closing high on bargain buying

KUALA LUMPUR: Malaysian palm oil futures reversed course to hit a three-week closing high on Thursday, triggered by...

Published 26 May, 2022 03:49pm

World

Two Russian soldiers plead guilty in new war crimes trial in Ukraine

KYIV: Two captured Russian soldiers pleaded guilty on Thursday to shelling a town in eastern Ukraine in the second...

Published 26 May, 2022 03:01pm

Business & Finance

Russian central bank slashes rates, flags more cuts

Russia’s central bank lowered its key interest rate to 11% at an off-schedule meeting on Friday and said it saw room...

Published 26 May, 2022 01:18pm

Markets

Australian shares end lower as Fed minutes signal near-term rate hikes

Australian shares closed lower on Thursday, led by mining stocks, as the mood in Asian markets was subdued after...

Published 26 May, 2022 12:20pm

Business & Finance

China’s Lenovo posts 6.8% rise in Q4 revenue

HONG KONG: China’s Lenovo Group posted a 6.8% rise in fourth-quarter revenue, its slowest growth in seven quarters,...

Published 26 May, 2022 11:59am

Markets

Gold falls as dollar inches higher; Fed minutes fail to surprise

Gold prices dropped on Thursday as the dollar edged higher, with some investors cashing in after minutes of a US...

Published 26 May, 2022 11:27am

Technology

Twitter to pay $150mn to settle with US over privacy, security violations

WASHINGTON: Twitter Inc has agreed to pay $150 million to settle allegations it misused private information, like...

Published 26 May, 2022 10:31am

Markets

Dollar hovers near one-month low as Fed minutes lack surprise

TOKYO: The safe-haven dollar hovered near a one-month low on Thursday amid improving risk appetite after minutes of...

Published 26 May, 2022 09:58am

Markets

Yuan hits near one-week low on economic slowdown worries

SHANGHAI: China’s yuan weakened past a key threshold to a near one-week low against the dollar on Thursday,...

Published 26 May, 2022 09:53am

Markets

Oil climbs on tight supply, prospect of EU ban on Russian supply

LONDON: Oil prices rose on Thursday, extending a cautious rally this week on signs of tight supply while the...

Updated 26 May, 2022 03:52pm

Markets

Pakistan's mango production to fall by 50% due to heatwave, water shortage

KARACHI: Pakistan's mango production is expected to decline by around 50% this year, as the crop has been severely...

Updated 26 May, 2022 10:49am

Business & Finance

Bilawal says $6bn IMF deal is ‘outdated’

DAVOS: An ongoing bailout deal between Pakistan and the International Monetary Fund (IMF) is “outdated” given a...

Published 26 May, 2022 06:24am

Gainers
Losers
Leaders

Stock	Price
Grays Leasing / May 26 Grays Leasing Limited(GRYL)	3.65 ▲ 0.95 (35.19%)
Premier Ins. / May 26 Premier Insurance Limited(PINL)	4.75 ▲ 1.00 (26.67%)
SME Leasing Ltd / May 26 SME Leasing Limited(SLL)	2.45 ▲ 0.40 (19.51%)
Gammon Pak / May 26 Gammon Pakistan Limited(GAMON)	6.66 ▲ 1.00 (17.67%)
Ghazi Fabrics / May 26 Ghazi Fabrics International Limited(GFIL)	6.30 ▲ 0.80 (14.55%)
Nazir Cotton Mills / May 26 Nazir Cotton Mills Limited(NCML)	5.85 ▲ 0.69 (13.37%)
Chakwal Spinning / May 26 Chakwal Spinning Mills Limited(CWSM)	2.00 ▲ 0.20 (11.11%)
Shaheen Ins. / May 26 Shaheen Insurance Company Limited(SHNI)	3.55 ▲ 0.35 (10.94%)
Media Times Ltd / May 26 Media Times Limited(MDTL)	1.98 ▲ 0.17 (9.39%)
Zephyr Textile / May 26 Zephyr Textiles Limited(ZTL)	11.48 ▲ 0.98 (9.33%)

Stock	Price
Punjab Mod / May 26 First Punjab Modaraba(FPJM)	1.70 ▲ -0.19 (-10.05%)
Trust Mod. / May 26 Trust Modaraba(TRSM)	1.51 ▲ -0.15 (-9.04%)
Huffaz Seamless / May 26 Huffaz Seamless Pipe Industries Limited(HSPI)	10.21 ▲ -1.00 (-8.92%)
First Pak Mod. / May 26 First Pak Modaraba(PAKMI)	2.40 ▲ -0.21 (-8.05%)
K.S.B.Pumps / May 26 KSB Pumps Company Limited(KSBP)	110.90 ▲ -8.99 (-7.50%)
Shams Textile / May 26 Shams Textile Mills Limited(STML)	55.43 ▲ -4.49 (-7.49%)
Bal. Wheel / May 26 Baluchistan Wheels Limited(BWHL)	78.64 ▲ -6.36 (-7.48%)
Imperial Limited / May 26 Imperial Limited(IML)	14.30 ▲ -1.15 (-7.44%)
Universal Network / May 26 Universal Network Systems Limited(GEMUNSL)	51.75 ▲ -4.15 (-7.42%)
EFG Hermes Pak / May 26 EFG Hermes Pakistan Limited(EFGH)	16.10 ▲ -1.28 (-7.36%)

Stock	Volume
Pak Refinery / May 26 Pakistan Refinery Limited(PRL)	35,646,724 ▼ 0.00
Cnergyico PK / May 26 Cnergyico PK Limited(CNERGY)	19,634,624 ▼ 0.00
Telecard Limited / May 26 Telecard Limited(TELE)	18,414,500 ▼ 0.00
Ghani Glo Hol / May 26 Ghani Global Holdings Limited(GGL)	17,582,929 ▼ 0.00
TPL Properties / May 26 TPL Properties Limited(TPLP)	16,753,479 ▼ 0.00
WorldCall Telecom / May 26 Worldcall Telecom Limited(WTL)	16,005,500 ▼ 0.00
Silk Bank Ltd / May 26 Silkbank Limited(SILK)	13,074,500 ▼ 0.00
P.T.C.L. / May 26 Pakistan Telecommunication Company Ltd(PTC)	12,947,000 ▼ 0.00
Fauji Foods Ltd / May 26 Fauji Foods Limited(FFL)	12,047,000 ▼ 0.00
TRG Pak Ltd / May 26 TRG Pakistan Limited(TRG)	9,254,282 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 25	201.80
USD PKR Interbank Buying / May 25	201.30
USD to Japanese Yen / May 25	127.41
USD to Swiss Franc / May 25	0.96
Pound Sterling to USD / May 25	1.26
Euro to USD / May 25	1.07
UK LIBOR % / May 25	0.82

Stock	Volume
S&P 500 / May 25	3978.73
India Sensex / May 25	53749.26
Tokyo Nikkei / May 25	26653.80
Nasdaq / May 25	11434.74
Hang Seng / May 25	19952.81
FTSE 100 / May 25	7522.75
Dow Jones / May 25	32120.28
Germany DAX 30 / May 25	14007.93
France CAC40 / May 25	6298.64

Item	Value
Crude Oil USD/Barrel / May 25	110.44
Karachi Cotton PKR/37.32 KG / May 25	21180.00
Gold 10 Grams PKR / May 25	120700.00
Gold Spot USD/Ounce / May 25	1849.73
Cotton US¢/pound / May 25	122.20

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