News Archives for Business & Finance - 2021-02-26

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Business & Finance - 2021-02-26

Commodities

Arabica coffee slips as Brazil currency extends fall

May London cocoa rose by 8 pounds, or 0.5%, to 1,757 pounds a tonne, underpinned by sterling weakness against the dollar.
May raw sugar fell by 0.21 cent, or 1.25%, to 16.63 cents per lb, extending its retreat from the almost four-year peak of 17.52 cents set on Tuesday.

Published 26 Feb, 2021 09:30pm

Commodities

Gold slumps as rising US yields, dollar dull lustre

Gold down over 6% for the month.
US consumer spending rebounds in January.
Silver set for first monthly fall in three.
Palladium, platinum set for monthly gain.

Published 26 Feb, 2021 09:23pm

Stocks

TSX slips as energy, materials stocks track weaker commodities

The energy sector dropped 1.3% following a fall in oil prices as a bond price rout led to gains in the US dollar. Crude supply is expected to rise in response to prices climbing above pre-pandemic levels.
The materials sector, which includes precious and base metals miners and fertilizer companies, lost 1.1% as gold futures fell 0.9% to $1,757.8 an ounce.

Published 26 Feb, 2021 09:17pm

Stocks

Wall Street extends losses as inflation fear lingers

Tech-focused stocks rebound.
Energy stocks slip as oil prices slide.
Banks stocks drop as US bond yields ease.
Indexes: Dow down 1.24%, S&P dips 0.67%, Nasdaq down 0.32%.

Published 26 Feb, 2021 09:14pm

Companies

AstraZeneca-Amgen drug could widen treatment options for severe asthma

The medicine, tezepelumab, cut the rate of asthma attacks by 56% among patients when compared to placebo in a year-long late-stage study, which had roughly 1,000 patients who were already receiving standard care, the drugmakers said on Friday.
The drug cut the risk of exacerbations by 70% in patients with more than or equal to 300 eosinophils per microlitre of blood, which is the baseline, by 41% in those with less than 300 cells, and 39% with less than 150 cells.

Published 26 Feb, 2021 09:12pm

Commodities

Asia Gold-Low prices spark flurry of activity in India

China premiums between $3-$7/oz amid muted activity.
Chinese net gold imports via Hong Kong fall in January.
Indian jewellers aggressively building inventory- dealer.

Published 26 Feb, 2021 09:05pm

Money & Banking

Russia seen holding interest rates throughout 2021

The consensus forecast of 20 analysts and economists polled in late February suggested the central bank would hold its benchmark rate at 4.25% throughout 2021. Forecasts for the year-end ranged from 4.0% to 5.5%.
Analysts forecast inflation would rise to 5.3% in the first quarter of 2021 before gradually slowing below the 4% target to 3.8% by the end of the year.

Published 26 Feb, 2021 09:01pm

Money & Banking

Nigeria needs to regulate cryptocurrencies, not ban them: vice president

The Securities and Exchange Commission (SEC) has meanwhile sought to regulate cryptocurrency investments on the grounds that they qualify as securities transactions.
The central bank has argued that cryptocurrencies, which are unregulated and not legal tender, are risky for the user.

Published 26 Feb, 2021 08:56pm

Energy

Belarus to export up to 300,000 tonne of oil products via Estonia, Latvia

The deal calls for up to 10 million tonnes of oil products shipments, split over three years, from March, and is part of a show of support for Minsk from Moscow following last year's presidential election.
Latvian ports of Riga and Ventspils are projected to get up to 111,000 tonnes of gasoline produced at the Mozyr refinery, an increase from 74,000 tonnes set for February.

Published 26 Feb, 2021 08:52pm

Forex

Mexico's peso hits over 3-week low; Vale lifts Bovespa after results

UBS does not expect rise in yields to derail equity rally.
Vale jumps as much as 2%; Co upbeat on outlook for core earnings.

Published 26 Feb, 2021 08:49pm

Commodities

Chile's Codelco reports bumper year for profits despite pandemic

The 55% increase in profits came amid a surge in global metal prices and higher sales as global markets including Chile's main buyer China begin to rally from the pandemic.
Codelco said an 8.6% drop in direct cash costs to $1.294 per pound had also helped bolster profits, attributing these primarily to the lower price of inputs, a strengthening peso, upped production and a cash-saving drive by managers.

Published 26 Feb, 2021 08:47pm

Financial

US yields soften after vaulting to one-year highs; sentiment wary

The benchmark 10-year US Treasury note's yield was down 5.2 basis points at 1.4633%. On Thursday it touched 1.614%, the highest in a year, rocking world markets.
Part of Friday's decline could also reflect dealers convincing clients to buy bonds after poor demand for a 7-year note auction on Thursday.

Published 26 Feb, 2021 08:44pm

Forex

C$ hits a 1-week low as bond market selloff rattles investors

Canadian dollar weakens 0.3% against the greenback.
Loonie hits a one-week low at 1.2684.
Price of US oil falls 1.7%.
Canadian bond yields mixed across a flatter curve.

Published 26 Feb, 2021 08:41pm

Companies

Russia's Gazprom halts Yubileynoye gas output because of fire

"The accident will not affect gas supplies to Gazprom customers," Gazprom Dobycha Nadym said, adding that there were no casualties.

Published 26 Feb, 2021 08:34pm

Companies

Norwegian Air has cancelled all remaining 88 jets in Airbus order

The airline took an impairment charge of 4.8 billion crowns ($93.51 million) in the fourth quarter relating to the termination of aircraft purchase contracts with Airbus and Boeing.

Published 26 Feb, 2021 08:32pm

Companies

Largest US refinery restarts after Texas freeze

The 325,000-bpd VPS-5 crude distillation unit (CDU) and 110,000-bpd coker were increasing production, the sources said. The refinery was shut on Feb. 15 due to severe cold weather along the Gulf Coast.
Motiva also restarted the 105,000-bpd HCU-2 hydrocracker on Friday, the sources said, as well as two hydrotreaters. In addition, the 32,000-bpd HTU-3 hydrotreater is scheduled to restart on Friday.

Published 26 Feb, 2021 08:31pm

Stocks

India's NSE defends response to exchange's shutdown

Brokers had criticised the NSE over the lack of information after the four-hour shutdown on Wednesday.
This communication was done only after there was visibility and clarity on resumption of services and any prior communication would not have been appropriate.

Published 26 Feb, 2021 08:19pm

Energy

US natgas futures slide to 4-week low on milder weather, rising output

Front-month gas futures fell 4.8 cents, or 1.7%, to $2.729 per million British thermal units.
For the week, the contract was down almost 12% after rising around 5% last week. For the month, however, it was still up about 6% after gaining 1% in January.

Published 26 Feb, 2021 08:13pm

Companies

Argentine lab says agrees deal to produce Russia's Sputnik V vaccine

Argentina was one of the first countries in the region to sign an agreement with Russia to buy Sputnik V and has already received 1.22 million doses from the Russian Gamaleya Institute.
This potential development will be carried out with the participation of Hetero Labs Limited, a laboratory established in India, with whom Laboratorios Richmond has had a strategic alliance for more than 25 years.

Published 26 Feb, 2021 08:09pm

Energy

Oil drops on dollar strength and OPEC+ supply expectations

Rout in bond markets sends yields soaring.
Market expects increased oil supply.
OPEC+ producers meet on March 4.
Brent and WTI on track for 20% monthly gain.

Published 26 Feb, 2021 08:07pm

Companies

Volkswagen sees strong rebound after 'containing' COVID

Sales, deliveries to recover significantly in 2021.
Eyes upper end of 5.0-6.5% margin target.
Shares hit fresh 13-month high.

Published 26 Feb, 2021 08:01pm

Money & Banking

Tech and financials boost $46.2bn flows into global equity funds: BofA

The data, collected by EPFR before a rise in US real-yields triggered a global stock market correction on Thursday, also showed bond funds attracted $7.1 billion in a 16th straight week of inflows and Treasury Inflation-Protected Securities (TIPS) added $1.3 billion.
Meanwhile investors pulled $5.5 billion out of cash and withdrew $500 million from gold funds.

Published 26 Feb, 2021 07:26pm

Money & Banking

Indian banks' loans rose 6.6pc y/y in two weeks to Feb 12

Outstanding loans fell 10.44 billion rupees ($141.30 million) to 107.04 trillion rupees in the two weeks to Feb. 12.
Non-food credit rose 107.78 billion rupees to 106.28 trillion rupees, while food credit fell 118.22 billion rupees to 752.87 billion rupees.

Published 26 Feb, 2021 07:15pm

Stocks

Moscow Exchange to woo Asian investors with early trading

The Moscow Exchange will start trading foreign currency, gold and derivatives three hours earlier from March 1, opening at 0400 GMT and extending its trading day to 17 hours to cover more time zones and boost liquidity.
"We aim at investors from Southeast Asia, primarily from India, Singapore, Hong Kong, where there is demand for rouble instruments," said Igor Marich, MOEX's managing director for sales and business development.

Published 26 Feb, 2021 07:15pm

Companies

Shell in Germany seeks to speed up drive to go green

Aims to produce clean aviation fuel, naphtha.
To scale up 10 MW electrolysis at Wesseling to 100 MW.
Eyes several hundred million euros a year of spending.
To create carbon-free delivery chains for transport fuel.
Ties in with moves into electricity market.

Published 26 Feb, 2021 06:58pm

Companies

Cellnex to spend up 9 bln euros as it aims to triple earnings

Cellnex announced a 1.6 billion euro deal with Poland's Cyfrowy Polsat to take over Polkomtel Infrastrukture, which manages around 7,000 masts. It earlier did a deal with Poland's Iliad.
He added his goal is to consolidate Cellnex's presence in countries where it already operates, especially those where it only has one client, such as Austria, Sweden and Denmark.

Published 26 Feb, 2021 06:56pm

South Africa's trade surplus narrows to $790 million in January

Exports fell 13.6% on a month-on-month basis to 109.76 billion rand, while imports rose 4.2% to 97.93 billion rand, the South African Revenue Service said.

Published 26 Feb, 2021 06:54pm

Companies

US to buy at least 100,000 doses of Lilly's COVID-19 antibody therapy

The US government will have the option to purchase up to an additional 1.1 million doses through Nov. 25, the company said.
United States had already agreed to buy 1.45 million doses of bamlanivimab alone, Lilly said.

Published 26 Feb, 2021 06:33pm

Financial

US yields soften after vaulting to one-year highs; sentiment wary

Benchmark 10-year US borrowing costs rose to their highest in a year at 1.614% overnight, rocking stock markets. Yields are up more than 70 basis points so far this year.
We have potentially strong US data to come later today and rates, credit and equities market are all vulnerable to more correction lower in price on upside economic surprises.

Published 26 Feb, 2021 06:26pm

Forex

Bond selloff boosts dollar, risk currencies knocked lower

Aussie, Kiwi fall more than 1%.
Pound knocked below $1.39.
Bitcoin slips 5%.

Published 26 Feb, 2021 06:20pm

Stocks

GameStop shares climb in early deals, on track for second best week

Options market activity in the stock, which has returned to the top of the list in a social media-driven retail trading frenzy, suggested investors were betting on higher prices or higher volatility, or both.
GameStop shares touched $120.60 and were on track to nearly triple this week in an equity market where falling bond prices have weakened general investor sentiment towards US stocks.

Published 26 Feb, 2021 06:15pm

Forex

Bitcoin set for worst week since March as riskier assets sold off

The world's biggest cryptocurrency slipped as much as 6% to $44,451 before recovering most of its losses.
The sell-off echoed that in equity markets, where European stocks tumbled as much as 1.5%, with concerns over lofty valuations also hammering demand. Asian stocks fell by the most in nine months.

Published 26 Feb, 2021 06:13pm

Money & Banking

Bank of England's Haldane warns inflation ‘tiger’ is prowling

People are right to caution about the risks of central banks acting too conservatively by tightening policy prematurely.
"There is a tangible risk inflation proves more difficult to tame, requiring monetary policymakers to act more assertively than is currently priced into financial markets," Haldane said.

Published 26 Feb, 2021 06:09pm

Companies

Indian Oil plans $4.5bn Panipat refinery expansion by Sept 2024

Along with expanding capacity, IOC will install catalytic dewaxing and polypropylene units at its Panipat refinery in northern Punjab state.
IOC said expansion of the refinery would raise production of petrochemicals and value-added specialty products to improve its margins and help "de-risk the conventional fuel business of the company".

Published 26 Feb, 2021 06:02pm

China will extend tariff exemptions for 65 U.S. products

The extension, effective on Feb. 28, will last until Sept. 16, 2021, the ministry said.
The products received exemptions from retaliatory tariffs imposed by China on U.S. goods.

Updated 26 Feb, 2021 06:35pm

Energy

Oil drops on dollar strength and OPEC+ supply expectations

Rout in bond markets sends yields soaring.
Market expects increased oil supply.
OPEC+ producers meet on March 4.
Brent and WTI on track for 20% monthly gain.

Published 26 Feb, 2021 05:49pm

Stocks

Indian shares sink ahead of GDP data; financials, ONGC weigh

The blue-chip NSE Nifty 50 index shed 3.76% to close at 14,529.15, while the benchmark S&P BSE Sensex ended 3.80% lower at 49,099.99.
Panic in global bond markets led to sharp rise in yields which spooked investors...the market correction might continue for some time till inflation fears ease down.

Published 26 Feb, 2021 05:49pm

Major hike in POL rates in the offing

According to details, OGRA has proposed an increase in the price of petrol by Rs 20.7 per liter, a summary of which has been sent to the Petroleum Division.

Published 26 Feb, 2021 04:09pm

Pakistan signs LNG agreement with Qatar, deal to save $300mn annually: PM

He said it took the government three years to negotiate this agreement which will help save $300 million annually.

Updated 26 Feb, 2021 07:14pm

Industry

Daewoo, Skywell & Hitachi ABB partner to introduce electric buses in Pakistan

Pakistan's Daewoo Express Pakistan, China's Skywell Automobiles and Sweden's Hitachi ABB Power Grids signed a Memorandum of Understanding (MoU) on Thursday to revolutionize Pakistan's transport sector.

Updated 26 Feb, 2021 03:58pm

Stocks

Tokyo's Nikkei ends down 4 percent after US rout

Sony fell 3.89 percent to 11,120 yen. Tokyo Electron, the world's third-largest producer of tools to produce semiconductors, fell 4.70 percent to 43,550 yen.

Published 26 Feb, 2021 02:43pm

Companies

Boeing 777 with engine trouble makes emergency landing in Moscow

The incident came just days after Boeing confirmed that dozens of its 777 aircraft were grounded globally resulting from the engine of a United Airlines plane catching fire and scattering debris over a suburb of Denver, Colorado.

Published 26 Feb, 2021 02:38pm

Companies

Virus-hit airline giant IAG dives to 6.9-bn-euro loss

"The group continues to reduce its cost base and increase the proportion of variable costs to better match market demand," said Gallego.

Published 26 Feb, 2021 02:36pm

Stocks

European stocks sink at open

London's benchmark FTSE 100 index of major blue-chip companies fell 1.2 percent to 6,570.36 points.

Published 26 Feb, 2021 02:29pm

Stocks

China, Hong Kong stocks drop over 2% as bond yields surge

"This week does not necessarily mark the end of the rally. New fund flows from retail investors could continue for a while," said Thomas Gatley, China corporate analyst at Gavekal.

Updated 26 Feb, 2021 02:19pm

Pakistan remains committed towards completion of FATF Action Plan, says Azhar

Azhar said that FATF is itself admitting that Pakistan has completed 90pc of its Action Plan target.

Updated 26 Feb, 2021 07:36pm

Forex

Yuan hits one-month low, set to snap eight months of gains

"A clear action plan on the top priorities would be more important for the market to evaluate the impact on industries and the whole economy," said Iris Pang, Greater China economist at ING.

Published 26 Feb, 2021 12:30pm

Stocks

Indian shares slump ahead of GDP data; HDFC Bank top drag

In Mumbai, a two-session rally in financial stocks was set to end, with the Nifty private bank index and the Nifty PSU bank index falling 2.9% and 2.5%, respectively.

Published 26 Feb, 2021 12:28pm

Forex

Turkish lira dips, erasing gains against dollar this year

The lira had rallied 20% since November when the finance minister and central bank governor were replaced and President Tayyip Erdogan pledged a new market-friendly economic era.

Published 26 Feb, 2021 12:25pm

Commodities

Palm oil eases from six-week highs, set for 7% monthly gain

Dalian's most-active soyoil contract was unchanged, while its palm oil contract gained 0.3%. Soyoil prices on the Chicago Board of Trade were down 0.8%.

Published 26 Feb, 2021 12:20pm

Energy

Oil prices drop amid US dollar strength, expectations for supply gains

"The market's probably right to think at this price level and given what the fundamentals are doing, there'll be more supply coming into the market over time."

Published 26 Feb, 2021 12:17pm

Financial

As yields creep up, BOJ's Kuroda calls for 'stably low' rates

Kuroda said the BOJ will look at ways to make its policy framework more flexible and effective. As part of such efforts, it will conduct an analysis on why prices failed to sufficiently pick up, he said.

Published 26 Feb, 2021 12:15pm

Companies

Lafargeholcim sees strong demand momentum in 2021

The Swiss company said recurring operating profit rose 14.1% like-for-like to 1.037 billion Swiss francs.

Published 26 Feb, 2021 12:12pm

Companies

Toyota develops fuel cell system to cut carbon footprint

These module models can be combined to flexibly adapt to the output level and amount of installation space available.

Published 26 Feb, 2021 12:09pm

Commodities

Copper slips; set for best monthly gain since 2016 on tight supply, demand hopes

"However, we believe that base metal prices will soon peak and ease later in the year.

Published 26 Feb, 2021 12:07pm

Commodities

CBOT soybeans may drop into $13.62-1/4 to $13.78-1/4 range

The current drop could be against the rise from $8.79. It may extend to $13.63.

Published 26 Feb, 2021 11:53am

Financial

South Africa's January credit growth slows to 3.26% y/y

Expansion in the broadly defined M3 measure of money supply also fell, to 9.15% in January from 9.48% the previous month.

Published 26 Feb, 2021 11:52am

Financial

ECB watching yields but not controlling curve: Lane

"At this stage, an excessive tightening in yields would be inconsistent with fighting the pandemic shock to the inflation path," he told Expansión in an interview.

Published 26 Feb, 2021 11:51am

Stocks

Asian markets roiled by global bond whiplash

However, analysts at ANZ were more bullish on the outlook.

Published 26 Feb, 2021 11:49am

Stocks

European stock futures slide over 1% as surging bond yields roil equity markets

Euro Stoxx 50 futures were down 1.6% by 0606 GMT, while FTSE futures and DAX futures lost 1.2% and 1.3%, respectively.

Published 26 Feb, 2021 11:47am

Stocks

Australian shares tumble as firmer bond yields, fall in tech stocks weigh

Miners fell 2.1% despite higher metal prices, with BHP Group and Fortescue Metals Group shedding 2.6% and 4.5%, respectively.

Published 26 Feb, 2021 11:46am

As online banking rise in Pakistan so too customer complaints

It was learnt that the Banking Ombudsman received 15,600 complaints in 2019 but the number of complaints reached 25,500 in 2020 which shows an increase of 63 percent in one year.

Published 26 Feb, 2021 11:45am

Companies

Deutsche Telekom guides for growth in 2021 after Q4 beat

On a reported basis, fourth quarter revenue rose 29.3% to 27.6 billion euros, ahead of expectations in a company poll of analysts of 27.2 billion euros.

Published 26 Feb, 2021 11:44am

Energy

Chinese refiners cool on crude purchases as oil futures rally

The run rate at independent refineries is expected to fall below 70% in April, from around 74% presently, JLC analyst Zhou Guoxia said.

Published 26 Feb, 2021 11:42am

Companies

Norwegian Air says restructuring progressing as planned

The budget airline was late last year given protection from bankruptcy in both Norway and Ireland, where most of its assets are registered, and is aiming to emerge from the process with fewer aircraft and less debt.

Published 26 Feb, 2021 11:38am

Commodities

Asia Grains-Australia wheat prices rise further on higher freight costs

Australian standard wheat is being offered at $314 a tonne, C&F, while Australian hard wheat is around $325 a tonne.

Published 26 Feb, 2021 11:33am

Stocks

Tokyo's Nikkei down more than 3.0% after US rout

Its rivals were also lower, with Honda trading down 1.64 percent at 2,976.5 yen and Nissan off 1.33 percent at 578.2 yen.

Published 26 Feb, 2021 11:12am

Stocks

Hong Kong shares plunge at open

The Hang Seng Index fell 2.20 percent, or 662.04 points, to 29,412.13.

Published 26 Feb, 2021 11:08am

Pakistan has completed 90pc of its FATF Action Plan: Hammad

The minister who also leads the Pakistani delegation at the FATF, in a series of tweets said Pakistan completed with 24 out of 27 items rated as largely addressed and remaining three items partially addressed.

Published 26 Feb, 2021 10:26am

Twitter considers charging users for special content, in revenue push

App makers are concerned that the labels will discourage users from allowing collection of data used to more effectively target ads.

Published 26 Feb, 2021 10:13am

Stocks

Asia markets tumble as rate hike fears take hold

And Silvia Dall'Angelo at fund manager Federated Hermes added: "Central banks' liquidity will continue to flow abundantly throughout 2021 at least, yet it's unclear whether markets can ever get enough of it."

Published 26 Feb, 2021 10:11am

Stocks

Hong Kong stocks hammered in morning session

The Hang Seng Index dived 2.43 percent, or 731.68 points, to 29,342.49.

Published 26 Feb, 2021 10:00am

Energy

US oil still targets $64.15-$65.29 range

A doji formed on Thursday. It will only be regarded as a bearish reversal signal if a black candlestick appears on Friday.

Published 26 Feb, 2021 09:58am

Commodities

Palm oil may test resistance at 3,834 ringgit

Each reader should consult his or her own professional or other advisers for business, financial or legal advice regarding the products mentioned in the analyses.

Published 26 Feb, 2021 09:57am

Energy

Brent oil still targets $68.07-$68.56 range

A fall to $65.35 could signal the break above $66.29 was false, and a bearish target zone of $59.08-$62.14 will be established then.

Published 26 Feb, 2021 09:55am

Bullion Rate

Spot gold may fall towards $1,726

Resistance is at $1,783, a break above which could lead to a gain to $1,801. On the daily chart, gold is retesting a support at $1,769, the 61.8% projection level of a downward wave C from $1,959.01.

Published 26 Feb, 2021 09:54am

Bullion Rate

Gold heads for second monthly decline as US yields rally

Silver eased 0.2% to $27.34 an ounce, but was poised for a third straight monthly rise, while palladium climbed 0.8% to $2,420.68 and was set to register its best month in a year with a more than 8% gain.

Published 26 Feb, 2021 09:51am

Forex

Australian dollar upset by market tumult, RBA tries to staunch bond bleeding

That left the currency flat at $0.7860, from a top of $0.8007, having shed 1.2% late on Thursday. It also wiped out the week's gains and put pressure on support around $0.7820.

Published 26 Feb, 2021 09:47am

Forex

Dollar firms after US yield spike; yen continues march lower

The Australian dollar continued its retreat after topping $0.80 on Thursday for the first time since February of 2018, declining 0.2% to 0.78525.

Published 26 Feb, 2021 09:46am

Stocks

Australia, NZ shares tumble after Wall Street tech rout

Shares of Lynas Rare Earths, however, gained 2.6% after reporting a better-than-expected profit for the half year, as prices of rare earths like neodymium and praseodymium (NdPr) rose.

Published 26 Feb, 2021 09:44am

Stocks

Australia shares set to open lower; NZ falls

The benchmark closed 0.9% higher on Thursday.

Published 26 Feb, 2021 09:42am

Companies

Australia lifts ban on Boeing 737 MAX, first in Asia-Pacific region

Boeing said on Friday it was working with regulators and customers to return the 737 MAX to service safely worldwide.

Published 26 Feb, 2021 09:37am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 21	278.50
USD PKR Interbank Buying / May 21	278.30
USD to Japanese Yen / May 21	156.44
USD to Swiss Franc / May 21	0.91
Pound Sterling to USD / May 21	1.27
Euro to USD / May 21	1.09

Stock	Volume
S&P 500 / May 20	5308.13
Nasdaq / May 20	16794.88
Dow Jones / May 20	39806.77
India Sensex / May 21	73830.29
Tokyo Nikkei / May 21	39037.68
Hang Seng / May 21	19234.33
FTSE 100 / May 21	8383.95
Germany DAX 30 / May 21	18702.87

Item	Value
Gold 10 Grams PKR / May 20	214678
Crude Oil USD/Barrel / May 21	79.32
Karachi Cotton PKR/37.32 KG / May 21	19935
Gold Spot USD/Ounce / May 21	2414
Cotton US¢/pound / May 21	75.63
Petrol/Litre / May 22	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 22 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 22 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 22 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 22 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 22 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 22 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 22 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 22 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 22 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 22 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 22 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 22 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 22 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 22 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 22 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 22 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 22 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 22 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 22 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 22 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 22 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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