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Reuters

Markets

Turkish lira marks new low as geopolitical tensions weigh

At 0953 GMT, the lira was 0.4pc weaker at 7.9560, having touched an all-time low of 7.9600.

Published 14 Oct, 2020 06:16pm

Markets

Gold gains on U.S. election uncertainty, economic worries

Spot gold was up 0.2pc to $1,895.41 per ounce by 0947 GMT, after shedding as much as 1.9pc on Tuesday in reaction to the dollar's jump. U.S. gold futures gained 0.2pc to $1,899.20.

Published 14 Oct, 2020 06:12pm

Markets

Bank stocks lift Indian shares ahead of loan moratorium hearing

The NSE Nifty 50 index closed up 0.31pc at 11,971.05, while the S&P BSE Sensex closed 0.42pc higher at 40,794.74. Both indexes have now risen for ten straight sessions.

Published 14 Oct, 2020 06:09pm

World

Malaysia reports 660 new coronavirus cases, four deaths

The new infections, more than half in Sabah, a state under lockdown, raised Malaysia's cumulative tally to 17,540 cases.

Published 14 Oct, 2020 06:06pm

Markets

UAE's ADNOC to explore clean energy expansion, CEO says

He said that even in the most fast-pace energy transition scenarios, the world would continue to get more than half of its energy needs from oil and gas for many decades to come.

Published 14 Oct, 2020 06:04pm

Markets

Palm ends seven-day rally on weak biodiesel consumption, lower export estimates

The benchmark palm oil contract for December delivery on the Bursa Malaysia Derivatives Exchange closed 15 ringgit, or 0.50pc, lower at 2,988 ringgit ($720.17) a tonne, after rising 0.5pc.

Published 14 Oct, 2020 06:01pm

Markets

Ugandan shilling weakens a touch on interbank demand

At 0943GMT commercial banks quoted the shilling at 3,710/3,720, compared to Tuesday's close of 3,698/3,708.

Published 14 Oct, 2020 06:00pm

Markets

Sterling bounces on hope of further Brexit talks

Sterling's implied volatility gauges soared to a seven-month high of more than 13pc indicating investors were prepared for unexpected moves in the British currency in the next hours.

Published 14 Oct, 2020 05:57pm

Business

Jordan gets 2 participants in 120,000 tonne wheat tender

No purchase has yet been made and results are expected later on Wednesday, traders said.

Published 14 Oct, 2020 05:55pm

Markets

Dollar holds on to gains; euro touches nine-day low

The rally in global equities started to run out of steam on Tuesday and risk appetite suffered, with the dollar index seeing its biggest daily jump in three weeks.

Published 14 Oct, 2020 05:53pm

World

Russia hits new daily coronavirus record as Moscow schools go online

Russia's coronavirus taskforce said on Wednesday that it had recorded 14,231 new coronavirus cases in the last 24 hours, the most of any day since the pandemic began.

Published 14 Oct, 2020 05:50pm

World

Turkey's Erdogan to announce new size of gas reserves on Oct. 17

If the gas can be commercially extracted, it could lessen Turkey's dependence on Russia, Iran and Azerbaijan for energy imports.

Published 14 Oct, 2020 05:49pm

Markets

German yields fall to lowest since May, Portugal sells bonds with record low yield

Portugal raised 1 billion euros from an auction, which included eight-year bonds pricing at a negative yield, the first time it has achieved a sub-zero yield on a maturity longer than six years.

Published 14 Oct, 2020 05:43pm

Markets

Soybeans rise on dry Brazilian weather; corn and wheat down

The US corn harvest was 41pc complete on Sunday, the US Department of Agriculture (USDA) said in a weekly crop progress report on Tuesday.

Published 14 Oct, 2020 05:41pm

Markets

Algeria tenders for 25,000 T barley and 30,000 T corn

The barley is sought for shipment between Nov. 15 and Nov. 30, they said.

Published 14 Oct, 2020 05:40pm

World

Iran reports 279 coronavirus deaths, highest daily toll since Feb

Namaki warned of "very difficult months" ahead in the country, which publicly announced its first two cases of - and deaths from - the novel coronavirus on Feb. 19.

Published 14 Oct, 2020 05:38pm

Business

Goldman Sachs profit nearly doubles on trading surge

Bond trading revenue surged 49pc to $2.5 billion, while equities trading rose 10pc to $2.05 billion.

Published 14 Oct, 2020 05:35pm

Business

Wells Fargo profit falls as pandemic hits growth

The bank reported net income applicable to common stock of $1.72 billion, or 42 cents per share, for the quarter ended Sept. 30, compared with $4.04 billion, or 92 cents per share a year earlier.

Published 14 Oct, 2020 05:32pm

World

Turkey's Erdogan says Minsk group stalling on Nagorno-Karabakh conflict

Ankara has repeatedly called on the Minsk Group, formed to mediate the conflict and led by France, Russia and the United States, to urge Armenia to withdraw from the region.

Published 14 Oct, 2020 05:30pm

World

UK PM Johnson resists national lockdown but rules nothing out

Johnson said he would stick to this localised approach, responding to opposition leader Keir Starmer's demand for a temporary national lockdown.

Published 14 Oct, 2020 05:28pm

Gainers
Losers
Leaders

Stock	Price
Saritow Sp. / Oct 31 Saritow Spinning Mills Limited(SSML)	4.6000 ▲ 0.89 (23.99%)
Drekkar Kingsway / Oct 31 Drekkar Kingsway Limited(DKL)	6.7000 ▲ 0.70 (11.67%)
Hira Tex. / Oct 31 Hira Textile Mills Limited(HIRAT)	3.0500 ▲ 0.30 (9.12%)
Shabbir Tiles / Oct 31 Shabbir Tiles & Ceramics Limited(STCL)	16.1400 ▲ 1.44 (8.84%)
Summit Bank / Oct 31 Summit Bank Limited(SMBL)	1.9000 ▲ 0.15 (8.57%)
Olympia Mills / Oct 31 Olympia Mills Limited(OML)	11.9000 ▲ 0.90 (8.18%)
Kohinoor Ind. / Oct 31 Kohinoor Industries Limited(KOIL)	8.0000 ▲ 0.50 (6.67%)
Dewan Farooq. Spin. / Oct 31 Dewan Farooque Spinning Mills Limited(DFSM)	2.0000 ▲ 0.11 (5.82%)
D.S. Ind. Ltd. / Oct 31 D.S. Industries Limited(DSIL)	2.2900 ▲ 0.09 (4.09%)
Gharibwal Cem. / Oct 31 Gharibwal Cement Limited(GWLC)	31.2000 ▲ 1.18 (3.63%)

Stock	Price
Crescent Star / Oct 31 Crescent Star Insurance Limited(CSIL)	2.7000 ▼ 0.05 (-1.85%)
Pak Rein. / Oct 31 Pakistan Reinsurance Company Limited(PAKRI)	26.2500 ▼ 0.25 (-0.95%)
Ghani Val. Glass / Oct 31 Ghani Value Glass Limited(GVGL)	42.2500 ▼ 1.25 (-0.73%)
Hum Network / Oct 31 Hum Network Limited(HUMNL)	7.4000 ▼ 0.09 (-0.68%)
Descon Oxy. / Oct 31 Descon Oxychem Limited(DOL)	32.0833 ▼ 0.28 (-0.57%)
Cherat Packaging / Oct 31 Cherat Packaging Limited(CPPL)	204.7500 ▼ 1.75 (-0.49%)
Flying Cement Ltd / Oct 31 Flying Cement Company Limited(FLYNG)	10.2400 ▼ 0.09 (-0.49%)
Azgard Nine / Oct 31 Azgard Nine Limited(ANL)	21.0525 ▼ 0.15 (-0.48%)
Habib Bank Ltd. / Oct 31 Habib Bank Limited.(HBL)	131.2000 ▼ 0.95 (-0.40%)
Pak Oxygen / Oct 31 Pakistan Oxygen Limited(PAKOXY)	151.0000 ▼ 0.45 (-0.28%)

Stock	Volume
Unity Foods / Oct 31 Unity Foods Limited(UNITY)	36,191,000 ▼ 0.39
Pak Int.Bulk Ter / Oct 31 Pakistan International Bulk Terminal Limited(PIBTL)	19,376,500 ▼ 0.14
Hascol Petroleum / Oct 31 Hascol Petroleum Limited(HASCOL)	14,087,709 ▼ 0.10
Maple Leaf / Oct 31 Maple Leaf Cement Factory Limited(MLCF)	13,342,354 ▼ 0.58
Shabbir Tiles / Oct 31 Shabbir Tiles & Ceramics Limited(STCL)	12,744,000 ▼ 1.44
Power Cement / Oct 31 Power Cement Limited(POWER)	10,596,500 ▼ 0.08
Pakistan Refinery / Oct 31 Pakistan Refinery Limited(PRL)	8,876,500 ▼ 0.09
TRG Pak. / Oct 31 TRG Pakistan Limited(TRG)	8,275,000 ▼ 0.56
Fauji Cem. / Oct 31 Fauji Cement Company Limited(FCCL)	6,258,500 ▼ 0.20
Kot Addu / Oct 31 Kot Addu Power Company Limited(KAPCO)	5,871,000 ▼ 0.33

Markets →

Forex
World
Econ

Currency	Rate
USD PKR Interbank Selling / Oct 30	160.25
USD PKR Interbank Buying / Oct 30	160.20
USD to Japanese Yen / Oct 30	104.63
USD to Swiss Franc / Oct 30	0.92
Pound Sterling to USD / Oct 30	1.29
Euro to USD / Oct 30	1.17

Stock	Volume
S&P 500 / Oct 30	3310.11
India Sensex / Oct 30	39749.85
Tokyo Nikkei / Oct 30	23331.94
Nasdaq / Oct 30	11185.59
Hang Seng / Oct 30	24586.60
FTSE 100 / Oct 30	5581.75
Dow Jones / Oct 30	26659.11
Germany DAX 30 / Oct 30	11598.07
France CAC40 / Oct 30	4569.67

Indicator	Value
Weekly Foreign Reserves / Oct 29	19301.60
GDPGROWTH / Oct 29	5.40
Foreign Debt (PKR billions) / Oct 29	15087.50
Per Capita Income USD (CPI) / Oct 29	1516.00
Average CPI % / Oct 29	11.11
UK LIBOR % / Oct 30	0.08