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Asian markets struggle ahead of US inflation report

"The reality is that this was well flagged as much as a fortnight ago (soon after President Biden publicly endorsed the 15 percent figure)," said National Australia Bank's Ray Attrill.

Published 08 Jun, 2021 10:14am

Markets

Tokyo shares end with gains

The dollar stood at 109.50 yen, almost flat from 109.51 yen in New York on Friday.

Published 07 Jun, 2021 01:05pm

Markets

Asian markets lower on rate fears, G7 tech tax plan

The optimism faded in Asia, with markets mostly lower in Monday trade.

Published 07 Jun, 2021 09:59am

Markets

Markets wobble in Asia as blockbuster data fan taper fears

The sanctions target companies involved in Chinese surveillance technology used to "facilitate repression or serious human rights abuses", which "undermine the security or democratic values of the United States and our allies", the White House said.

Published 04 Jun, 2021 10:01am

Markets

European equities slide before key US data

Frankfurt and Paris lost 0.4 percent and 0.3 percent respectively shortly after midday in the eurozone, despite upbeat survey data.

Published 03 Jun, 2021 04:48pm

Markets

Asian markets rise ahead of jobs data but Fed taper talk builds

Oil prices also extended gains, fuelled by growing optimism that the reopenings and vaccine rollouts will lead to a surge in activity over the coming months and ramp up demand.

Published 03 Jun, 2021 11:14am

Markets

Asian markets extend gains as recovery gathers pace

Hong Kong, Shanghai, Singapore, Seoul and Jakarta were also up, though there were small losses in Manila after a more than five percent surge Thursday.

Published 28 May, 2021 10:15am

Markets

Asian markets mixed as rally stalls, inflation casts shadow

On Thursday, China's commerce ministry statement said Chinese Vice Premier Liu He and Tai spoke in "constructive exchanges in an attitude of equality and mutual respect".

Published 27 May, 2021 11:16am

Markets

Asian markets rally as inflation fears ease

Hong Kong jumped 1.8 percent, Shanghai climbed more than two percent, while Sydney put on one percent with Jakarta and Taipei up even more.

Published 25 May, 2021 04:47pm

Markets

Asian markets mostly down as inflation trumps recovery optimism

Wall Street provided a tepid lead at the end of last week, though European equities were given a boost by upbeat eurozone economic data.

Published 24 May, 2021 08:35am

Markets

Asian markets mixed as inflation, recovery vie for attention

Iran has said discussions are moving in the right direction, while a US official said they were "positive and we saw meaningful progress".

Published 21 May, 2021 10:13am

Markets

Asian markets mixed after Fed taper talk, bitcoin stablises

The digital unit was sent crashing to almost $30,000 at one point, less than half its record high reached last month, in reaction to Beijing's warning that it would not be allowed for transactions.

Published 20 May, 2021 10:35am

Markets

Asian markets hit by volatility, oil down on Iran nuclear reports

"It's no surprise to me, as Chinese capital controls can be challenged by cryptocurrency purchases in the country and transfers out of the country," Adam Reynolds, of Saxo Markets, said.

Published 19 May, 2021 11:06am

Markets

Asian markets mixed as traders weigh recovery and new infections

Tesla had already hammered the digital currency last week when it said it will halt transactions in the cryptocurrency because of environmental concerns.

Published 17 May, 2021 10:48am

Markets

Hong Kong stocks plunge in morning session

The Hang Seng Index sank 2.15 percent, or 613.45 points, to 27,982.21.

Published 11 May, 2021 10:38am

Markets

Asian markets rally on US outlook, iron ore at record high

Copper, a key indicator of the state of the global economy owing to its use in a multitude of products, is also approaching an all-time high, having recently broken $10,000 a ton for the first time in 10 years.

Published 07 May, 2021 11:02am

Markets

Asian markets swing after Yellen spooks Wall St, eyes on US jobs

"Sure, a five percent pullback below 4,000 is quite possible -- and more likely probable, in that the narrative of the past week was to sell on the earnings news, regardless of the blowout numbers crossing the tape."

Published 05 May, 2021 11:12am

Markets

Asian markets mostly down as inflation concerns persist

In early Asian trade, Hong Kong, Singapore and Taipei were all down more than one percent, while there were also losses in Seoul, Jakarta and Wellington, though Sydney and Manila edged up.

Published 03 May, 2021 11:40am

Markets

Asian markets lifted by upbeat Fed, strong results

Americans earning less than $400,000 a year, however, would face no extra taxes, he said.

Published 29 Apr, 2021 10:29am

Markets

Markets mixed with Fed, earnings and Biden in focus

The S&P 500 and Nasdaq both ended Monday at record highs.

Published 27 Apr, 2021 04:27pm

Markets

Asian markets fall after overnight Wall Street retreat

But analysts said that a combination of dollar weakness and a lull in fresh data ahead of upcoming corporate results had conspired to tamp down enthusiasm.

Published 20 Apr, 2021 11:10am

Markets

Asian markets mixed as record China data fails to impress

"With the Fed keeping the sugar taps open and offering up free tickets for investors to come frolic in the markets like 'kids in the candy store', the transition from policy to growth has been as smooth as silk with a benign reaction in yields suggesting that a growth tantrum is not on the cards anytime soon."

Published 16 Apr, 2021 10:50am

Markets

Asian markets mostly up after Wall St record

"Participants noted that it would likely be some time until substantial further progress toward the committee's maximum-employment and price-stability goals would be realised," the minutes said.

Published 08 Apr, 2021 09:27am

Markets

Asian markets mixed but stay optimistic over recovery

Hong Kong dipped as it reopened after an extended holiday weekend, while Shanghai, Singapore and Bangkok also dropped.

Published 07 Apr, 2021 05:59pm

Markets

Asian markets mostly up as vaccine, data add to recovery hopes

A flood of buy offers that outweighed sell orders meant the stock could not be traded in early business.

Published 07 Apr, 2021 10:28am

Markets

Asian markets mostly rise after forecast-busting US jobs data

Tokyo, Seoul, Singapore and Manila were all in positive territory, though Jakarta and Bangkok fell.

Published 05 Apr, 2021 05:46pm

Markets

US spending boom offsets Europe's lockdown blues

MSCI AxJ index up 0.7%; dollar gains on risky currencies.
Biden plans broad spending programme.
US bond yields turn steady in calmer trade.

Published 01 Apr, 2021 08:08pm

Markets

Asian markets track US losses, Biden spending plan in focus

Markets are also gearing for the release of key US jobs data, which will provide a guide to the state of the economy.

Published 31 Mar, 2021 10:57am

Markets

Most markets rise in Asia on recovery optimism, worries remain

Nomura was down around three percent in Tokyo, a day after plunging 16 percent.

Published 30 Mar, 2021 09:36am

Markets

Asian markets mixed as rally fizzles, oil hit by Suez ship news

Wall Street's three main indexes finished Friday on a strong note, with the Dow and S&P 500 ending at all-time highs.

Published 29 Mar, 2021 05:35pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 10	278.14
USD PKR Interbank Buying / May 10	277.97
USD to Japanese Yen / May 10	155.70
USD to Swiss Franc / May 10	0.91
Pound Sterling to USD / May 10	1.25
Euro to USD / May 10	1.08

Stock	Volume
S&P 500 / May 9	5214.08
Nasdaq / May 9	16346.27
Dow Jones / May 9	39387.76
India Sensex / May 10	72468.66
Tokyo Nikkei / May 10	38229.11
Hang Seng / May 10	18970.69
FTSE 100 / May 10	8438.19
Germany DAX 30 / May 10	18827.29

Item	Value
Crude Oil USD/Barrel / May 10	79.87
Karachi Cotton PKR/37.32 KG / May 10	19935
Gold 10 Grams PKR / May 10	209019
Gold Spot USD/Ounce / May 10	2369.35
Cotton US¢/pound / May 10	78.18
Petrol/Litre / May 11	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 11 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 11 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 11 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 11 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 11 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 11 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 11 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 11 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 11 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 11 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 11 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 11 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 11 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 11 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 11 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 11 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 11 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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