News Archives for Markets - 2021-02-22

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Markets - Stocks - 2021-02-22

Stocks

Wall St falls as growth stocks slide; inflation concerns, rising yields weigh

Technology-related companies resume slide.
Boeing falls as regulators probe engine blow-outs.
Discovery rises on strong paid streaming subscribers forecast.
Indexes down: Dow 0.45%, S&P 0.60%, Nasdaq 1.19%.

Published 22 Feb, 2021 09:41pm

Stocks

TSX falls weighed by inflation concerns

Toronto Stock Exchange's S&P/TSX composite index was down 31.43 points, or 0.17%, at 18,352.84.
US crude and Brent crude prices rose around 2%, while Spot Gold gained 1.37%.

Published 22 Feb, 2021 09:36pm

Stocks

Property agent Foxtons confirms talks to buy rival Douglas & Gordon, shares fall

Shares of the company, which last year tapped markets for additional cash and furloughed employees, fell as much as 18% after it also said any final deal would be funded through existing cash.
Rival Countrywide in December agreed to Connells' sweetened buyout proposal after struggling for many years as Brexit and the health crisis added to pressure from a botched restructuring in 2015.

Published 22 Feb, 2021 09:20pm

Stocks

Wall Street retreats amid inflations fears

About 30 minutes into the trading session, the Dow Jones Industrial Average had dropped 0.3 percent to 31,387.96.

Published 22 Feb, 2021 09:11pm

Stocks

Sri Lankan shares slip as industrials, financials drag

Lanka ORIX Leasing company slid 7.4% to be the biggest drag on the index, followed by a 2.8% fall in conglomerate John Keells Holdings.
Trading volume on the CSE All Share Index fell to 130.4 million, from 199.5 million in the previous session.

Updated 22 Feb, 2021 10:05pm

Stocks

Indian shares drop as investors take profits, virus worries weigh

*The NSE Nifty 50 index ended 2.04% lower at 14,675.70, clocking its biggest one-day drop since Dec. 21. The S&P BSE Sensex closed down 2.25% at 49,744.32. * There is a round of profit-booking that is still happening ... valuations remain high and we are seeing a consolidation.

Updated 22 Feb, 2021 10:05pm

Stocks

Shares in Italian motorway group ASTM soar on buyout offer

The approach follows similar moves this year in Italy at coffee producer Zanetti and packaging equipment firm IMA as investors take advantage of record low interest rates.
A drop in motorway traffic caused by the pandemic had driven ASTM shares down to Friday's close of around 20 euros from 25 euros a year ago, just before COVID-19 contagion hit Italy.

Updated 22 Feb, 2021 10:04pm

Stocks

Stock markets struggle, as Johnson to outline lockdown exit

Bitcoin fell to below $55,000, having hit another record high of $58,350 and having passed $1 trillion in market capitalisation.

Published 22 Feb, 2021 07:38pm

Stocks

Wall St set to fall at open on inflation concerns, rising yields

Technology-related companies resume slide.
Boeing falls on 777 engine problem.
Discovery rises on strong paid streaming subscribers forecast.
Futures down: Dow 0.53%, S&P 0.68%, Nasdaq 1.19%.

Published 22 Feb, 2021 07:30pm

Stocks

Brazil's Petrobras shares plunge 17pcin NY after analysts' downgrades

"There are risks to the company's independence and ability to continue pricing its fuel to international parity".
Bolsonaro announced the nomination of Joaquim Silva e Luna to replace current Branco to head Petrobras on social media after the market close Friday.

Published 22 Feb, 2021 06:25pm

Stocks

Alec Gores, Guggenheim-backed SPAC seeks to raise $750 million via IPO

Gores Guggenheim, co-sponsored by Gores Group LLC and Guggenheim, said it plans to sell 75 million units composed of shares and warrants, priced at $10 per unit on the Nasdaq Capital Market.
Another Gores-backed SPAC, Gores Holdings VI Inc, earlier this month agreed to take 3D camera maker Matterport Inc public for $2.9 billion.

Published 22 Feb, 2021 06:04pm

Stocks

World shares dip as bond yields, commodities surge

European shares sink.
Wall Street futures down 0.85%.
MSCI's All Country World Index, which tracks shares across 49 countries, was down 0.25% by midday in London.

Published 22 Feb, 2021 06:02pm

Stocks

Futures fall on concerns over rising yields, inflation expectations

Futures down: Dow 0.59%, S&P 0.78%, Nasdaq 1.37%
Shares of Apple Inc, Microsoft Corp, Facebook Inc, Alphabet Inc, Tesla Inc, Netflix Inc and Amazon.com Inc resumed their declines from the previous week, falling between 1% and 2.9% in trading before the bell.

Published 22 Feb, 2021 06:00pm

Stocks

Tokyo stocks close higher on recovery hopes

In Tokyo trading, market heavyweight SoftBank Group jumped 1.73 percent to 10,530 yen while Uniqlo casual wear operator Fast Retailing gained 0.14 percent to 104,900 yen.

Published 22 Feb, 2021 01:12pm

Stocks

Japanese shares jump as recovery hopes lift cheap cyclical stocks

Such concerns make Federal Reserve Chair Jerome Powell's Congressional testimony on Tuesday all the more important, Watanabe added, as US real bond yields have risen almost 30 basis points in just over a week.

Published 22 Feb, 2021 12:39pm

Stocks

Indian shares edge lower as lenders drag

On the Nifty 50, lenders Housing Development Finance Corp , Axis Bank and state Bank of India were among the top five drags, falling between 0.8% and 1.5%.

Published 22 Feb, 2021 12:27pm

Stocks

Shares turn cautious as bond yields, commodities surge

The euro was steady at $1.2120, corralled between support at $1.2021 and resistance around $1.2169.

Published 22 Feb, 2021 12:15pm

Stocks

Indian shares fall for fifth session as financials, Reliance weigh

On the Nifty 50, mortgage lender HDFC and conglomerates Reliance Industries and ITC were the top three drags, falling between 1.5% and 4%.

Published 22 Feb, 2021 11:59am

Stocks

Asian bonds sold off as US yields spike; Philippine stocks slump

President Rodrigo Duterte is due to decide next week on the future of coronavirus restrictions in Manila, which accounts for a significant chunk of the country's economic output.

Published 22 Feb, 2021 11:57am

Stocks

Australia shares slip on tech, healthcare losses

Gold explorers De Grey Mining and Emerald Resources jumped 10.1% and 8.2%, respectively.

Published 22 Feb, 2021 11:25am

Stocks

Australia shares flat as mining gains offset healthcare losses

Tech stocks shed 0.9%, with sector heavyweight Afterpay falling 0.6%.

Published 22 Feb, 2021 10:14am

Stocks

Australia shares set to dip at the open; NZ rises

New Zealand's benchmark S&P/NZX 50 index rose 0.3% to 12,583.2 points in early trade.

Published 22 Feb, 2021 10:12am

Stocks

Chinese blue-chips dip on high valuations, policy tightening fears

The smaller Shenzhen index dipped 0.48%.

Published 22 Feb, 2021 10:08am

Stocks

Tokyo stocks open higher

On Wall Street, the Dow ended flat at 31,494.32 while the broad-based S&P 500 ended down 0.2 percent and the tech-rich Nasdaq index finished up 0.1 percent.

Published 22 Feb, 2021 10:04am

Stocks

Hong Kong shares begin with strong gains

The Hang Seng Index jumped 1.39 percent, or 426.88 points, to 31,071.61.

Published 22 Feb, 2021 10:03am

Stocks

Hong Kong stocks up at break

The Hang Seng Index added 0.46 percent, or 140.84 points, to 30,785.57.

Published 22 Feb, 2021 10:02am

Stocks

Asian markets struggle as inflation worries offset recovery hopes

Bitcoin eased to $57,150, having hit another record high of $58,350 over the weekend, and having passed $1 trillion in market capitalisation.

Published 22 Feb, 2021 09:48am

Stocks

‘Mrs Dow Jones’ on mission to help young investors

SAN FRANCISCO: Haley Sacks, the self-described “financial pop star” who dishes out savvy tips to a younger...

Published 22 Feb, 2021 04:25am

Stocks

Major Gulf indexes mixed on few fresh factors

DUBAI: Major stock markets in the Gulf ended mixed on Sunday, in the absence of fresh factors to trade on, with...

Published 22 Feb, 2021 04:25am

Stocks

Wall street week ahead: Rising US bond yields pose new threat to sky-high stocks

NEW YORK: The US stock market has so far digested a surge in Treasury yields, but some investors are worried that a...

Published 22 Feb, 2021 04:25am

Previous Day

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 18	278.62
USD PKR Interbank Buying / Apr 18	278.32
USD to Japanese Yen / Apr 18	154.30
USD to Swiss Franc / Apr 18	0.91
Pound Sterling to USD / Apr 18	1.25
Euro to USD / Apr 18	1.07

Stock	Volume
S&P 500 / Apr 17	5022.21
Nasdaq / Apr 17	15683.37
FTSE 100 / Apr 17	7847.99
Dow Jones / Apr 17	37735.31
Germany DAX 30 / Apr 17	17770.02
France CAC40 / Apr 17	7981.51
India Sensex / Apr 18	72965.85
Tokyo Nikkei / Apr 18	38103.03

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 16	21735
Gold 10 Grams PKR / Apr 17	215964
Petrol/Litre / Apr 18	293.94
Crude Oil USD/Barrel / Apr 18	82.77
Gold Spot USD/Ounce / Apr 18	2374.98
Diesel/Litre / Apr 18	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 18 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 18 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 18 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 18 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 18 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 18 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 18 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 18 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 18 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 18 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 18 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 18 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 18 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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