News stories for Reuters - Business Recorder

Reuters

Markets

Australian shares up, NZ down

SYDNEY/WELLINGTON: Australian shares settled higher on Thursday as a rally in iron ore prices and a report that ...

Published 04 Dec, 2020 03:04am

Markets

Cocoa prices steady

LONDON: Cocoa prices on ICE steadied on Thursday following losses in the previous session, with investor attention...

Published 04 Dec, 2020 03:04am

Markets

US natural gas futures fall on milder weather

NEW YORK: US natural gas futures fell over 3% to a one-week low on Wednesday on an afternoon forecast showing...

Published 04 Dec, 2020 03:04am

Markets

China stocks lower

SHANGHAI: China stocks ended lower on Thursday, weighed down by fresh tensions between Beijing and Washington after...

Published 04 Dec, 2020 03:04am

Markets

British mip-caps hit 9-month high

LONDON: The FTSE 250 index, considered a proxy for Brexit sentiment, jumped on Thursday as investors hoped for a...

Published 04 Dec, 2020 03:04am

Markets

Saudi shares down; other Gulf markets up

• Dubai, Abu Dhabi shut for 3rd straight day DUBAI: Saudi shares ended the week lower on Thursday, tracking ...

Published 04 Dec, 2020 03:04am

Markets

Pakistan Economic Indicators

KARACHI: Pakistan Economic Indicators - Thursday (December 3, 2020)....

Published 04 Dec, 2020 03:04am

Markets

Thursday's early trade: S&P, Nasdaq touch all-time highs

NEW YORK: The S&P 500 and the Nasdaq touched all-time highs on Thursday as investors looked past bleak economic...

Published 04 Dec, 2020 03:04am

Markets

CBOT corn gains after overnight slide

CHICAGO: Chicago Board of Trade corn futures rebounded on Wednesday after trading lower overnight as fund selling...

Published 04 Dec, 2020 03:04am

Markets

Japan shares near 29-year peak

TOKYO: Japan shares held close to a 29-1/2-year high on Thursday as major countries moved closer to rolling out...

Published 04 Dec, 2020 03:04am

Markets

S&P climbs to record high

• Salesforce drops on $28bn deal

Updated 04 Dec, 2020 03:32am

Markets

European gasoline margins fall

LONDON: Benchmark northwest European gasoline refining margins fell sharply on Wednesday, pressured by a 3% rise in...

Published 04 Dec, 2020 03:04am

Markets

European shares little change

MILAN/FRANKFURT: European shares ended little changed on Thursday, as a surge in material stocks and Rolls-Royce...

Published 04 Dec, 2020 03:04am

Markets

Palm oil inches up

KUALA LUMPUR: Malaysian palm oil futures firmed after a volatile trading day on Thursday, helped by estimates of a...

Published 04 Dec, 2020 03:04am

Business & Finance

Sterling climbs to one-year high

LONDON: The British pound climbed to a one-year high near $1.35 on Thursday as a US dollar selloff gathered ...

Published 04 Dec, 2020 03:04am

Markets

Copper hovers near 7-1/2 years high

LONDON: Copper hovered near 7-1/2 year highs on Thursday, supported by upbeat economic readings for top consumer...

Published 04 Dec, 2020 03:04am

Business & Finance

Early trade in New York: Dollar drops to 2-1/2-years low

NEW YORK: The dollar plunged to its weakest level in more than 2-1/2 years on Thursday, while the euro held above...

Published 04 Dec, 2020 03:04am

Markets

US MIDDAY: Gold moves higher

NEW YORK: Gold firmed on Thursday as the dollar fell and investors clung to hopes of an eventual breakthrough in...

Published 04 Dec, 2020 03:04am

Ensuring global Covid-19 vaccine access seen worth billions to rich nations

LONDON: Rich nations stand to lose hundreds of billions of dollars in economic output over the next five years if...

Published 04 Dec, 2020 03:04am

Business & Finance

Aussie, kiwi near highest since 2018

SYDNEY: The Australian and New Zealand dollars were both near their highest since 2018 on Thursday as investors...

Published 04 Dec, 2020 03:04am

Gainers
Losers
Leaders

Stock	Price
A. Shah Ghazi / Dec 6 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	6.0500 ▲ 0.55 (10.00%)
BIPL securities / Dec 6 BIPL Securities Limited(BIPLS)	10.9800 ▲ 0.98 (9.80%)
Tri-Star Power / Dec 6 Tri-Star Power Limited(TSPL)	4.3000 ▲ 0.30 (7.50%)
Amreli Steels / Dec 6 Amreli Steels Limited(ASTL)	44.8158 ▲ 2.94 (6.61%)
United Ins. / Dec 6 The United Insurance Company(UNIC)	8.1900 ▲ 0.44 (5.68%)
Telecard / Dec 6 Telecard Limited(TELE)	1.9000 ▲ 0.10 (5.56%)
National Refinery / Dec 6 National Refinery Limited(NRL)	231.1000 ▲ 11.10 (5.05%)
At-Tahur Ltd. / Dec 6 At-Tahur Limited(PREMA)	17.8500 ▲ 0.85 (4.65%)
Jahangir Sid. Co. / Dec 6 Jahangir Siddiqui & Co. Ltd.(JSCL)	28.6685 ▲ 1.57 (4.59%)
Dewan Farooq. Spin. / Dec 6 Dewan Farooque Spinning Mills Limited(DFSM)	2.0900 ▲ 0.09 (4.50%)

Stock	Price
Nishat Power / Dec 6 Nishat Power Limited(NPL)	23.0000 ▼ 0.42 (-1.83%)
Descon Oxy. / Dec 6 Descon Oxychem Limited(DOL)	32.7889 ▼ 0.39 (-0.69%)
Pak Oilfields / Dec 6 Pakistan Oilfields Limited(POL)	408.9000 ▼ 2.55 (-0.04%)
Askari Bank / Dec 6 Askari Bank Limited(AKBL)	19.6000 ▼ 0.00 (0.00%)
Highnoon / Dec 6 Highnoon Laboratories Limited(HINOON)	635.0000 ▼ 0.00 (0.00%)
Nat. Bank / Dec 6 National Bank of Pakistan(NBP)	40.4100 ▼ 0.00 (0.00%)
Pak Oxygen / Dec 6 Pakistan Oxygen Limited(PAKOXY)	161.5000 ▼ 0.00 (0.00%)
Kohinoor Energy / Dec 6 Kohinoor Energy Limited(KOHE)	34.9000 ▼ 0.00 (0.00%)
Kohinoor Mills / Dec 6 Kohinoor Mills Limited(KML)	35.0000 ▼ 0.00 (0.00%)
Pak. Int. Airlines (A) / Dec 6 Pakistan International Airlines Corporation Limited (A)(PIAA)	4.5000 ▼ 0.00 (0.00%)

Stock	Volume
TRG Pak. / Dec 6 TRG Pakistan Limited(TRG)	29,694,500 ▼ 3.53
Pakistan Refinery / Dec 6 Pakistan Refinery Limited(PRL)	20,285,000 ▼ 0.59
Aisha Steel / Dec 6 Aisha Steel Mills Limited(ASL)	16,073,000 ▼ 0.62
P.T.C.L.A / Dec 6 Pakistan Telecommunication Company Ltd(PTC)	11,941,000 ▼ 0.40
Agha Steel / Dec 6 Agha Steel Industries Limited(AGHA)	11,802,500 ▼ 1.61
K-Electric Ltd / Dec 6 K-Electric Limited(KEL)	11,342,000 ▼ 0.05
Amreli Steels / Dec 6 Amreli Steels Limited(ASTL)	7,561,500 ▼ 2.94
Unity Foods / Dec 6 Unity Foods Limited(UNITY)	7,552,000 ▼ 0.41
Hascol Petroleum / Dec 6 Hascol Petroleum Limited(HASCOL)	7,478,013 ▼ 0.23
Maple Leaf / Dec 6 Maple Leaf Cement Factory Limited(MLCF)	6,442,231 ▼ 0.52

Markets →

Forex
World
Econ

Currency	Rate
USD PKR Interbank Selling / Dec 5	160.20
USD PKR Interbank Buying / Dec 5	160.10
Pound Sterling to USD / Dec 5	1.34
Euro to USD / Dec 5	1.21

Stock	Volume
S&P 500 / Dec 5	3699.12
India Sensex / Dec 5	45079.55
Tokyo Nikkei / Dec 5	26751.24
Nasdaq / Dec 5	12464.23
Hang Seng / Dec 5	26835.92
FTSE 100 / Dec 5	6550.23
Dow Jones / Dec 5	30218.26
Germany DAX 30 / Dec 5	13298.96
France CAC40 / Dec 5	5609.15

Indicator	Value
Per Capita Income USD (CPI) / Nov 19	1516.00
Weekly Foreign Reserves / Dec 4	20241.80
GDPGROWTH / Dec 4	1.00
Foreign Debt (PKR billions) / Dec 4	17000.00
Average CPI % / Dec 4	11.11
UK LIBOR % / Dec 5	0.08