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bitcoin

Dollar rises on upbeat U.S. manufacturing data

The U.S. currency found some support after data showed U.S. factory activity gathered speed in early May amid strong domestic demand.

Published 22 May, 2021 12:57am

Markets

Bitcoin tumbles after China says to crack down on mining, trading activities

The world's largest and most popular cryptocurrency last traded down more than 6% at $38,293 after holding the $40,000 level for most of the Asian and London sessions.

Published 21 May, 2021 08:15pm

Markets

Futures extend recovery ahead of US business surveys

Futures up: Dow 0.30%, S&P 0.26%, Nasdaq 0.21%.
Dow e-minis were up 103 points, or 0.3%, S&P 500 e-minis were up 10.75 points, or 0.26%, and Nasdaq 100 e-minis were up 28 points, or 0.21%.

Published 21 May, 2021 04:56pm

Markets

Bitcoin slips below $40,000 as recovery fades

But Societe Generale questioned the comparison on Thursday: "Bitcoin has clearly 'outshone' gold both to the upside and now also to the downside. But with such a gap in volatility and amplitude, does it make sense to compare the two assets at all?"

Published 21 May, 2021 02:16pm

Business & Finance

Bitcoin’s star backers, dip buyers drive crypto recovery rally

LONDON/TOKYO: Bitcoin rose nearly 10% in a recovery rally that pushed it back above $40,000 on Thursday, a day after...

Updated 21 May, 2021 09:44am

Markets

European stocks gain ground; bitcoin stabilises

Bitcoin stabilised after Wednesday's wild gyrations that saw the world's most popular cryptocurrency lose almost a third of its value in one day before recovering much of the losses.

Published 20 May, 2021 09:07pm

Markets

Wall St set to snap 3-day losing streak after fewer weekly jobless claims

Kohl's drops as raised sales forecast disappoints.
Cisco falls after profit warning.
Crypto-related stocks rebound as bitcoin retraces losses.
Ralph Lauren slides as forecast falls short of estimates.
Indexes up: Dow 0.23%, S&P 0.54%, Nasdaq 0.96%.

Published 20 May, 2021 08:39pm

Markets

Stocks tick higher despite tapering talk; cryptos bounce after beating

Pressure remains on bitcoin, cryptos after crash
Europe helps world stocks wobble higher
Dollar stalls after tapering talk lift
Commodities drop as China vows to crackdown on speculation
Colombia stripped of prized investment grade status by S&P.

Published 20 May, 2021 06:13pm

Markets

Europe stocks attempt recovery; bitcoin stabilises

London stocks edged up by 0.2 percent at midday in the British capital.

Published 20 May, 2021 05:53pm

Business & Finance

Bitcoin tumble slows with help from Elon Musk

China, which powers nearly 80 percent of the global cryptocurrency trade, relies on a particularly polluting type of coal, lignite, to power some of its mining.

Updated 20 May, 2021 05:57pm

Markets

Wednesday’s early trade: Main indexes fall for third day

NEW YORK: Wall Street’s main indexes fell for the third straight session on Wednesday, as a steep fall in...

Published 20 May, 2021 04:26am

Markets

Gold climbs in European trade

AMSTERDAM/LONDON: Gold jumped over 1% to a more than four-month high on Wednesday as weaker equity markets and...

Published 20 May, 2021 04:26am

Business & Finance

Early trade in New York: Dollar steadies

NEW YORK: The dollar steadied amid a broad equity market sell-off on Wednesday, hovering near multi-month lows as...

Updated 20 May, 2021 09:21am

Business & Finance

Bitcoin, ethereum plunge as sell-off smashes crypto sector

NEW YORK: Bitcoin and ether tumbled on Wednesday to 3-1/2 month lows, on track to post their largest one-day loss...

Updated 20 May, 2021 09:22am

Markets

Bitcoin drops to lowest since Jan; stocks fall before Fed minutes

The pan-European STOXX 600 index lost 1.52pc and MSCI's gauge of stocks across the globe shed 1.05pc.

Published 19 May, 2021 11:10pm

Markets

Bitcoin, ethereum plunge; crypto market cap losses nearly $1 trillion

The sharp declines came after China banned financial and payment institutions from providing cryptocurrency services.
Bitcoin dropped to $30,066, the lowest since late January. It was last down 22% at $33,502. The most popular cryptocurrency posted its largest one-day loss since March 2020.

Published 19 May, 2021 08:12pm

Markets

Stocks sink on inflation woes, as bitcoin plunges

London equities shed 1.1 percent by midday as official data showed a spike in UK inflation in April.

Published 19 May, 2021 04:40pm

Business & Finance

Bitcoin tumbles below $40,000 after China issues warning

The central bank has also sought to promote its own heavily regulated digital yuan, which it is testing across the country in pilot schemes.

Published 19 May, 2021 11:21am

Business & Finance

Early trade in NY: Dollar essentially unchanged

NEW YORK: The dollar on Monday held steady near recent lows as new restrictions in Asia to contain Covid-19 and ...

Updated 18 May, 2021 09:33am

Business & Finance

Bitcoin drops to 3-month low

NEW YORK/LONDON: Bitcoin fell to a three-month low on Monday in a volatile session that saw investors selling and...

Updated 18 May, 2021 09:33am

Markets

Bitcoin drops to 3-month low in wild trading after Musk tweets

Musk tweets that Tesla has not sold bitcoin
Ether and dogecoin dive also
Bitcoin, dogecoin and ether all up year to date.

Published 17 May, 2021 09:42pm

Business & Finance

Bitcoin hits 3-month low, then rallies, on Musk tweets

For an asset class that has surged this year, with dogecoin up about a hundredfold, ether up more than fourfold and bitcoin gaining 45%, some are beginning to call time on the wild ride.

Published 17 May, 2021 03:22pm

Markets

Dollar gains on Asia's virus worry; cryptocurrencies slide on Musk tweet

Things are travelling in the opposite direction in Asia where some early leaders in taming the pandemic are now dealing with new outbreaks.

Published 17 May, 2021 11:05am

Opinion

Flared natural gas latest prize in bitcoin miners’ energy quest

As the value of bitcoin soars and concerns rise about the energy-intensive process needed to obtain it,...

Published 17 May, 2021 06:14am

Business & Finance

Crypto exchange operator Huobi launches $100m venture unit

HONG KONG: Cryptocurrency exchange operator Huobi Group has launched an investment arm with $100 million to spend,...

Updated 17 May, 2021 09:58am

Business & Finance

Flared natural gas latest prize in bitcoin miners' energy quest

Ecoark intends to convert it into dollars, but Lohstroh plans to hold the bitcoin he mines, which he believes will one day underpin a new global financial system.

Updated 16 May, 2021 05:10pm

Business & Finance

Elon Musk says Tesla will no longer accept bitcoin for car payments

Tesla CEO Elon Musk has announced that his company will no longer accept bitcoin for car purchases.
Musk said the reason behind his change of mind was the long-brewing environmental concerns surrounding the mining process of bitcoin.

Updated 14 May, 2021 01:21pm

Business & Finance

Cryptocurrency ethereum is flourishing but risks linger

NEW YORK: Ethereum has outperformed major digital currency rivals this year, bolstered by the surge in decentralized...

Updated 10 May, 2021 10:18am

Business & Finance

Ether rises to new record high

NEW YORK/LONDON: Ether, the world’s second largest crypto currency after Bitcoin, on Thursday rose to a record ...

Updated 07 May, 2021 10:01am

Markets

S&P Dow Jones opens cryptocurrency indexes

NEW YORK: The S&P Dow Jones Indices launched new cryptocurrency indexes, it said on Tuesday, further...

Published 05 May, 2021 04:01am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 24	278.50
USD PKR Interbank Buying / Apr 24	278.25
USD to Japanese Yen / Apr 24	154.89
USD to Swiss Franc / Apr 24	0.91
Pound Sterling to USD / Apr 24	1.24
Euro to USD / Apr 24	1.07

Stock	Volume
S&P 500 / Apr 23	5070.55
Nasdaq / Apr 23	15696.64
Dow Jones / Apr 23	38503.69
India Sensex / Apr 24	73884
Tokyo Nikkei / Apr 24	38460.08
Hang Seng / Apr 24	17176.31
FTSE 100 / Apr 24	8079.79
Germany DAX 30 / Apr 24	18202.76

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Petrol/Litre / Apr 24	293.94
Crude Oil USD/Barrel / Apr 24	83.46
Gold Spot USD/Ounce / Apr 24	2319
Diesel/Litre / Apr 24	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 24 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 24 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 24 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 24 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 24 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 24 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 24 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 24 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 24 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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