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Dollar softens after rally but Asian stocks struggle to recover

HONG KONG: The dollar lost a little of its strength Tuesday after starting the week by surging against major peers,...

Published 27 Sep, 2022 09:56am

Markets

Asian stocks edge higher, with all eyes on Fed rate path

HONG KONG: Asian stocks edged higher at the open on Thursday, tracking gains on Wall Street as markets adjusted...

Published 15 Sep, 2022 10:22am

Markets

Asian stocks slump at open, tracking US losses after inflation report

HONG KONG: Asian markets opened lower on Wednesday, tracking losses in the United States and Europe after traders...

Published 14 Sep, 2022 10:09am

Markets

Asian stocks rally ahead of key US inflation data

HONG KONG: Asian stocks continued a global rally on Tuesday morning, ahead of the release of key US consumer price...

Published 13 Sep, 2022 11:29am

Markets

China stocks rise on modest CPI data, stimulus hopes

SHANGHAI: China stocks on Friday saw their biggest gain in a month, as modest inflation data and policy support...

Published 09 Sep, 2022 10:34am

Markets

Markets see much-needed bounce, but nerves remain

HONG KONG: Most markets enjoyed a rare advance on bargain-buying Thursday, tracking a Wall Street rally after a...

Updated 08 Sep, 2022 02:07pm

Markets

Chipmakers lead China stocks higher

SHANGHAI: China stocks edged up on Wednesday, led by chipmakers on expectations of national support, while gains ...

Published 08 Sep, 2022 05:43am

Markets

Stocks tank, dollar rises as traders prepare for big rate hikes

HONG KONG: Equity markets suffered more losses in Asia on Wednesday and the dollar extended a rally after a...

Published 07 Sep, 2022 09:09am

Markets

Asian markets mixed as bargain-buying tempers fears over outlook

HONG KONG: Asian investors struggled Tuesday to recover from the previous day’s losses on growing fears over...

Published 06 Sep, 2022 08:29am

Markets

Asian markets mixed as US jobs offset by recession fears

HONG KONG: Asian markets were mixed Monday as the positive vibes from a US jobs report were offset by growing fears...

Published 05 Sep, 2022 10:13am

Markets

Most Asian markets down as traders focus on US jobs data

HONG KONG: Asian markets struggled again Friday and the dollar held gains as rate hike expectations grew, with...

Published 02 Sep, 2022 09:41am

Markets

Asian investors step up selling as rate hikes loom

HONG KONG: Investors further unloaded equities in Asia on Thursday as they girded themselves for more interest rate...

Published 01 Sep, 2022 09:46am

Markets

Asian markets down again as traders eye more monetary tightening

HONG KONG: Stock markets resumed their downward trend Wednesday, with traders fearing the Federal Reserve’s...

Published 31 Aug, 2022 10:17am

Markets

Asian markets mixed as traders steel for more rate hikes

HONG KONG: Asian markets were mixed Tuesday with confidence at a premium as traders contemplate the prospect of more...

Published 30 Aug, 2022 08:26am

Markets

Stocks extend slide, dollar climbs on rate hubbub

SYDNEY: Asian shares slid on Monday as the mounting risk of more aggressive rate hikes in the United States and...

Published 29 Aug, 2022 08:14am

Markets

Asian markets drift as investors assess Fed outlook

HONG KONG: Stocks swung in Asia on Friday as investors tried to assess the Federal Reserve’s plans for lifting...

Published 19 Aug, 2022 12:09pm

Markets

Asian markets drop as Fed minutes cause fresh rate hike woe

HONG KONG: Markets dropped in Asia on Thursday following a sell-off in New York spurred by minutes from the Federal...

Published 18 Aug, 2022 10:01am

Markets

Asian markets fluctuate as traders weigh economic outlook

HONG KONG: Markets drifted in Asia on Wednesday, with investors trying to navigate an uncertain economic landscape...

Published 17 Aug, 2022 11:10am

Markets

Oil prices extend losses in Asia, equities rise

HONG KONG: Oil prices extended losses Tuesday after weak US and Chinese data reinforced recession expectations,...

Published 16 Aug, 2022 09:41am

Markets

Asian markets struggle as traders contemplate more rate hikes

HONG KONG: Asian markets mostly fell Friday, winding back some of the previous day’s rally, as traders come to terms...

Published 12 Aug, 2022 09:50am

Markets

Markets track Wall St rally as soft US inflation boosts rate hopes

HONG KONG: Asian markets rallied Thursday as investors breathed a sigh of relief after data showed US inflation...

Published 11 Aug, 2022 09:54am

Markets

Asian, European markets hit by rate fears ahead of inflation data

HONG KONG: Equities fell Wednesday, tracking a drop on Wall Street ahead of a crucial US inflation report later in...

Updated 10 Aug, 2022 01:03pm

Markets

Asian markets mostly up as focus turns to inflation data

HONG KONG: Asian equities mostly rose Tuesday but investors moved cautiously ahead of US inflation data later in the...

Updated 09 Aug, 2022 01:21pm

Markets

Markets sink as talk of Pelosi Taiwan trip fans China-US tension

HONG KONG: Asian markets tumbled Tuesday on geopolitical fears after reports that House Speaker Nancy Pelosi would...

Published 02 Aug, 2022 09:26am

Markets

World stocks hit 7-week highs, dollar squeezed vs yen

LONDON/SYDNEY: World stocks hit seven-week highs on Monday, buoyed by recent strong corporate earnings and declining...

Updated 01 Aug, 2022 02:08pm

Markets

Asian markets mostly rise after Wall St rally, euro dips

HONG KONG: Asian markets rose Friday following a third straight rally on Wall Street, as below-par US data eased...

Published 22 Jul, 2022 10:47am

Markets

Asian markets fail to extend rally, focus turns to Europe

HONG KONG: Asian investors on Thursday struggled to maintain momentum from the previous day’s equity rally and keep...

Published 21 Jul, 2022 09:50am

Markets

Asian markets drop as Apple report fans economic worries

HONG KONG: Most stocks fell Tuesday after a Wall Street sell-off fuelled by fresh recession worries following a...

Published 19 Jul, 2022 10:10am

Markets

Asian stocks mixed

HONG KONG: Stocks were mixed in Asia on Friday as soaring inflation and a series of interest rate hikes around the...

Published 18 Jul, 2022 06:22am

Markets

Japanese rubber lower

SINGAPORE: Japanese rubber futures were largely flat on Friday, with the market set for a second weekly loss, as...

Published 17 Jul, 2022 05:19am

Gainers
Losers
Leaders

Stock	Price
First Tri-Star Mod. / Dec 7 First Tri-Star Modaraba(FTSM)	9.55 ▲ 1.00 (11.70%)
Asim Textile / Dec 7 Asim Textile Mills Limited(ASTM)	6.99 ▲ 0.73 (11.66%)
786 Invest Ltd / Dec 7 786 Investments Limited(786)	4.46 ▲ 0.44 (10.95%)
Redco Tex. / Dec 7 Redco Textiles Limited(REDCO)	8.87 ▲ 0.87 (10.87%)
Pak Gulf Leasing / Dec 7 Pak-Gulf Leasing Company Limited(PGLC)	11 ▲ 1.00 (10.00%)
Shaheen Ins. / Dec 7 Shaheen Insurance Company Limited(SHNI)	3.65 ▲ 0.32 (9.61%)
Pakistan Services / Dec 7 Pakistan Services Limited(PSEL)	995.78 ▲ 69.47 (7.50%)
Kohinoor Mills / Dec 7 Kohinoor Mills Limited(KML)	37.09 ▲ 2.58 (7.48%)
United Dist. / Dec 7 United Distributors Pakistan Limited(UDPL)	37.20 ▲ 2.59 (7.48%)
The Thal Ind.Corp. / Dec 7 The Thal Industries Corporation Limited(TICL)	271.99 ▲ 18.87 (7.45%)

Stock	Price
Ruby Tex. / Dec 7 Ruby Textile Mills Limited(RUBY)	3.50 ▲ -0.50 (-12.50%)
Waves Home Appliances / Dec 7 Waves Home Appliances Limited(WHALE)	7.70 ▲ -0.91 (-10.57%)
Bilal Fibres / Dec 7 Bilal Fibres Limited(BILF)	3.20 ▲ -0.34 (-9.60%)
First Prudential Mod. / Dec 7 First Prudential Modaraba(PMI)	1.56 ▲ -0.15 (-8.77%)
Pak Agro Pack. / Dec 7 Pak Agro Packaging Limited(GEMPAPL)	8 ▲ -0.76 (-8.68%)
Habib Ins. / Dec 7 Habib Insurance Company Limited(HICL)	6 ▲ -0.50 (-7.69%)
Colony Tex.Mills Ltd / Dec 7 Colony Textile Mills Limited(CTM)	3.07 ▲ -0.25 (-7.53%)
Sapphire Fibres / Dec 7 Sapphire Fibres Limited(SFL)	971.40 ▲ -78.71 (-7.50%)
Fecto Cement / Dec 7 Fecto Cement Limited(FECTC)	21.15 ▲ -1.71 (-7.48%)
Engro Poly(Pref / Dec 7 Engro Poly(Pref)(EPCLPS)	12.91 ▲ -1.04 (-7.46%)

Stock	Volume
Dewan Cement / Dec 7 Dewan Cement Limited(DCL)	10,851,500 ▼ 0.00
WorldCall Telecom / Dec 7 Worldcall Telecom Limited(WTL)	9,862,186 ▼ 0.00
Dewan Motors / Dec 7 Dewan Farooque Motors Limited(DFML)	9,857,000 ▼ 0.00
TPL Properties / Dec 7 TPL Properties Limited(TPLP)	8,379,557 ▼ 0.00
Kohinoor Spining / Dec 7 Kohinoor Spinning Mills Limited(KOSM)	7,236,500 ▼ 0.00
Hascol Petrol / Dec 7 Hascol Petroleum Limited(HASCOL)	3,608,000 ▼ 0.00
TRG Pak Ltd / Dec 7 TRG Pakistan Limited(TRG)	3,576,125 ▼ 0.00
Cnergyico PK / Dec 7 Cnergyico PK Limited(CNERGY)	3,429,921 ▼ 0.00
Sui North Gas / Dec 7 Sui Northern Gas Pipelines Limited(SNGP)	3,275,188 ▼ 0.00
Waves Home Appliances / Dec 7 Waves Home Appliances Limited(WHALE)	3,170,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 6	225.20
USD PKR Interbank Buying / Dec 6	224.20
USD to Japanese Yen / Dec 6	136.50
USD to Swiss Franc / Dec 6	0.94
Pound Sterling to USD / Dec 6	1.22
Euro to USD / Dec 6	1.05
UK LIBOR % / Dec 5	3.82

Stock	Volume
S&P 500 / Dec 6	3998.97
India Sensex / Dec 6	62626.36
Tokyo Nikkei / Dec 6	27902.11
Nasdaq / Dec 6	11156.20
Hang Seng / Dec 6	19441.18
FTSE 100 / Dec 6	7561.64
Dow Jones / Dec 6	33913.05
Germany DAX 30 / Dec 6	14418.02
France CAC40 / Dec 6	6697.49

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 5	16735
Crude Oil USD/Barrel / Dec 6	76.72
Gold 10 Grams PKR / Dec 6	140518
Gold Spot USD/Ounce / Dec 6	1777.30
Cotton US¢/pound / Dec 6	85.32

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