News stories for Reuters - Business Recorder

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Markets

Asia Distillates: Gasoil cash premiums, cracks gain on tighter supplies

SINGAPORE: Asian refining margins for 10 ppm gasoil rose for a second straight session on Thursday, while cash...

Published 03 Dec, 2021 04:31am

Markets

Coffee trade in Vietnam remains tepid

BANDAR LAMPUNG: Coffee trading in Vietnam, the world’s top robusta bean producer, remained tepid this week as the...

Published 03 Dec, 2021 04:31am

Markets

Asia’s gasoline margins extend gains despite rising stocks

SINGAPORE: Asia’s gasoline crack extended gains on Thursday, moving further away from a two-month low hit at the...

Published 03 Dec, 2021 04:31am

Markets

Gold falls to 1-month low on Powell’s hawkish remarks

LONDON: Gold struck a one-month low on Thursday as U.S. Federal Reserve Chairman Jerome Powell’s comments on the...

Published 03 Dec, 2021 04:31am

Markets

Ukraine, EU may offer opportunities for US corn exports

FORT COLLINS, (Colo.): Corn exports out of the United States, the world’s top supplier, are expected to ease from...

Published 03 Dec, 2021 04:31am

Markets

Japan rubber futures slide on Omicron worries, weaker Shanghai market

TOKYO: Japanese rubber futures slid on Thursday as the Omicron coronavirus variant heightened fears over a slowdown...

Published 03 Dec, 2021 04:31am

Markets

US natgas futures drop to 3-month low

NEW YORK: US natural gas futures dropped over 4% on Wednesday to a three-month low on forecasts for mild winter...

Published 03 Dec, 2021 04:31am

Markets

US MIDDAY: Wheat rallies

CHICAGO: U.S. wheat futures jumped on Thursday as a series of import tenders and fears of rain damage to...

Published 03 Dec, 2021 04:31am

Markets

Chinese steel rebar, hot rolled coils futures rise on demand hopes

BEIJING: Chinese steel rebar and hot rolled coils futures jumped on Thursday, as demand for the most traded May...

Published 03 Dec, 2021 04:31am

Markets

China buys US, Brazilian soybeans after price drop

CHICAGO: Chinese importers bought two bulk cargoes of U.S. soybeans, the U.S. Department of Agriculture (USDA) said...

Published 03 Dec, 2021 04:31am

Markets

Tunisia buys soft wheat, barley

HAMBURG: Tunisia’s state grains agency is believed to have purchased about 100,000 tonnes of soft wheat, 92,000...

Published 03 Dec, 2021 04:31am

Markets

US MIDDAY: Gold slides over 1pc

NEW YORK: Gold dropped more than 1% to a one-month low on Thursday, as investors latched on to signs of a seemingly...

Published 03 Dec, 2021 04:31am

Markets

ICE canola futures rebound

WINNIPEG, (Manitoba): ICE canola futures rebounded on Wednesday with other commodities and equities as fears about a...

Published 03 Dec, 2021 04:31am

Markets

Sugar hits four-month lows as Omicron fears persist

LONDON: Raw sugar futures on ICE hit their lowest in four months on Thursday as fears persisted that the Omicron...

Published 03 Dec, 2021 04:31am

EU fines HSBC, Credit Suisse, others over ‘Sterling Lads’ forex cartel

BRUSSELS: EU antitrust regulators on Thursday fined Barclays, Credit Suisse, HSBC and NatWest 344 million euros ...

Updated 03 Dec, 2021 09:50am

Business & Finance

Australia, NZ dollars left far behind as Fed sets the rate pace

SYDNEY: The Australian and New Zealand dollars were clinging to support on Thursday as the risk of early Federal...

Published 03 Dec, 2021 04:31am

Group of 67 nations in WTO agree to cut red tape in services trade

GENEVA: Sixty-seven World Trade Organization members agreed on Thursday to pare back regulations such as licensing...

Published 03 Dec, 2021 04:31am

Sterling gains on broadly struggling dollar; central bank eyed

Business & Finance

Gainers
Losers
Leaders

Stock	Price
Pak Gen.Ins. / Dec 6 The Pakistan General Insurance Co. Ltd.(PKGI)	3.72 ▲ 0.63 (20.39%)
Next Capital / Dec 6 Next Capital Limited(NEXT)	10.19 ▲ 0.98 (10.64%)
Pervez Ahmed Co / Dec 6 Pervez Ahmed Consultancy Services Ltd.(PASL)	1.13 ▲ 0.10 (9.71%)
Nazir Cotton Mills / Dec 6 Nazir Cotton Mills Limited(NCML)	5.18 ▲ 0.38 (7.92%)
Kohinoor Energy / Dec 6 Kohinoor Energy Limited(KOHE)	38.50 ▲ 2.09 (5.74%)
Matco Foods Ltd / Dec 6 Matco Foods Limited(MFL)	26.74 ▲ 0.72 (2.77%)
Pace (Pak) Ltd. / Dec 6 Pace (Pakistan) Limited(PACE)	4.10 ▲ 0.06 (1.49%)
Pak Oilfields / Dec 6 Pakistan Oilfields Limited(POL)	338.50 ▲ 3.73 (1.11%)
Kohinoor Spining / Dec 6 Kohinoor Spinning Mills Limited(KOSM)	3.80 ▲ 0.04 (1.06%)
Nishat (Chun.) / Dec 6 Nishat Chunian Limited(NCL)	40.00 ▲ 0.39 (0.98%)

Stock	Price
Nestle PakistanXD / Dec 6 Nestle Pakistan Limited(NESTLE)	4948.75 ▲ -401.25 (-7.50%)
John&Philips / Dec 6 Johnson & Phillips (Pakistan) Limited(JOPP)	44.00 ▲ -3.50 (-7.37%)
Pakistan Alumin / Dec 6 Pakistan Aluminium Beverage Cans Limited(PABC)	31.50 ▲ -1.13 (-3.46%)
National Refinery / Dec 6 National Refinery Limited(NRL)	243.11 ▲ -4.85 (-1.96%)
Kot Addu Power / Dec 6 Kot Addu Power Company Limited(KAPCO)	30.84 ▲ -0.58 (-1.85%)
Nimir Resins / Dec 6 Nimir Resins Limited(NRSL)	17.70 ▲ -0.33 (-1.83%)
Netsol Tech. / Dec 6 NetSol Technologies Limited(NETSOL)	89.35 ▲ -1.02 (-1.13%)
Pak Int.Bulk / Dec 6 Pakistan International Bulk Terminal(PIBTL)	7.30 ▲ -0.08 (-1.08%)
Oil & Gas Dev. / Dec 6 Oil & Gas Development Company Limited(OGDC)	79.15 ▲ -0.61 (-0.76%)
P.I.A.C.(A) / Dec 6 Pakistan International Airlines Corp(PIAA)	3.91 ▲ -0.03 (-0.76%)

Stock	Volume
Hascol Petrol / Dec 6 Hascol Petroleum Limited(HASCOL)	4,816,674 ▼ 0.00
Telecard Limited / Dec 6 Telecard Limited(TELE)	2,164,500 ▼ 0.00
TRG Pak Ltd / Dec 6 TRG Pakistan Limited(TRG)	1,865,679 ▼ 0.00
Unity Foods Ltd / Dec 6 Unity Foods Limited(UNITY)	1,644,204 ▼ 0.00
WorldCall Telecom / Dec 6 Worldcall Telecom Limited(WTL)	1,042,500 ▼ 0.00
G3 Tech. / Dec 6 G3 Technologies Limited(GTECH)	969,500 ▼ 0.00
TPL Properties / Dec 6 TPL Properties Limited(TPLP)	930,000 ▼ 0.00
Byco Petroleum / Dec 6 Byco Petroleum Pakistan Limited(BYCO)	862,500 ▼ 0.00
Fauji Foods Ltd / Dec 6 Fauji Foods Limited(FFL)	854,000 ▼ 0.00
Ghani Glo Hol / Dec 6 Ghani Global Holdings Limited(GGL)	781,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 3	176.88
USD PKR Interbank Buying / Dec 3	176.77
USD to Japanese Yen / Dec 3	112.76
USD to Swiss Franc / Dec 3	0.92
Pound Sterling to USD / Dec 3	1.32
Euro to USD / Dec 3	1.13
UK LIBOR % / Dec 3	0.08

Stock	Volume
S&P 500 / Dec 3	4502.41
India Sensex / Dec 3	57696.46
Tokyo Nikkei / Dec 3	28029.57
Nasdaq / Dec 3	15007.96
Hang Seng / Dec 3	23766.69
FTSE 100 / Dec 3	7122.32
Dow Jones / Dec 3	34471.42
Germany DAX 30 / Dec 3	15169.98
France CAC40 / Dec 3	6765.52

Item	Value
Crude Oil / Dec 3	65.72
Karachi Cotton Assoc. / Dec 3	17380.00
Gold 10 Grams / Dec 3	100500.00
Gold Spot / Dec 3	1784.26
Cotton / Dec 3	104.20

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