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BofA

BofA rides market whiplash to trading records, deal activity shines

Published 15 Jul, 2026 02:14am

WASHINGTON: Bank of America exceeded Wall Street estimates for second-quarter profit on Tuesday, as global market...

Wall Street banks rule on staff betting on prediction markets

Published 11 Jul, 2026 05:06am

NEW YORK: Wall Street banks have added rules on prediction-market betting to their employee codes of conduct, with...

As commodities reshape geopolitics, currency pecking order gets a reset

Published 18 Apr, 2026 06:02am

LONDON: The war in the Middle East is the latest reminder of how commodities are reshaping the geopolitical...

BofA considers new credit cards with 10pc interest rate

Updated 26 Jan, 2026 07:15am

BENGALURU: Bank of America is considering options to offer new credit cards with an interest rate of 10 percent to...

Gold forecast to glitter again despite biggest gain since 1979

Published 02 Jan, 2026 06:11am

LONDON: Gold has made its biggest jump since the 1979 oil crisis in 2025 — with prices doubling in the last two...

OPEC+ cuts, firm demand in Asia to lift Brent above $100/bbl by year-end: BofA

Published 13 Sep, 2023 05:05pm

OPEC+ maintaining current supply cuts through year-end coupled with a positive demand backdrop in Asia could push...

Investors optimistic on global growth but China real estate top worry: BofA survey

Published 12 Sep, 2023 05:06pm

LONDON: China’s real estate sector is the most likely source of a global systemic credit event, according to Bank of...

BofA asks Fed to clarify stress test results

Published 04 Jul, 2023 05:07am

NEW YORK: Bank of America Corp (BofA) said on Monday it had begun a dialogue with the Federal Reserve to understand...

Bank of America profit rises as it cashes in on higher interest rates

Published 18 Apr, 2023 04:29pm

Bank of America Corp’s profit rose in the first quarter as it earned more from customers’ interest payments while...

BofA profit beats estimates as higher rates bolster interest income

Published 13 Jan, 2023 06:36pm

Bank of America Corp reported a bigger-than-expected fourth-quarter profit on Friday, helped by a surge in net...

Wall Street Week Ahead: Stumbling Treasury rally clouds bond market outlook for 2023

Published 02 Jan, 2023 05:54am

NEW YORK: US government bond investors hurting after the biggest annual decline in the history of the asset class ...

Wall Street Week Ahead: Inflation data, midterm elections loom for struggling US stock rally

Published 07 Nov, 2022 05:49am

NEW YORK: A sputtering US stock rally faces a double-dose of potentially market moving events next week: US midterm...

US junk bond investors face tough choice as yields spike

Updated 28 Oct, 2022 06:19am

A sell-off in the US junk bond market is presenting investors with a buying opportunity but some are holding back,...

US economy has 40% chance of being in recession next year: BofA

Updated 17 Jun, 2022 09:48pm

NEW YORK: BofA Securities economists see roughly a 40% chance of a US recession next year, with inflation remaining...

Brent could push past $150/bbl if Russian oil exports shrink: Bank of America

Published 27 May, 2022 04:49pm

Global oil benchmark Brent crude could rise past $150 a barrel if there is a sharp contraction in Russian oil...

Oil could jump by $20 if Ukraine crisis worsens, says BofA

Published 22 Feb, 2022 07:15pm

Global oil benchmark Brent crude could rise by $5-$20 a barrel depending on the severity of the Russia-Ukraine...

Shares in record-setting spree as Fed meeting looms

Published 15 Jun, 2021 02:24pm

In the face of the strong dollar, spot gold was down slightly at $1,862.21 per ounce.

Dollar perched at 3-1/2 month highs on firmer US yields

Published 08 Mar, 2021 06:27pm

After falling 4% in the last quarter of 2020, the dollar has strengthened by nearly 2.5% year-to-date as investors expect the broad rise in US bond yields to weigh on stretched equity valuations and boost demand for the US currency.
The dollar index stood at 92.30 against a basket of six major currencies, up 0.4%, its highest level since late-November.

New era of volatility begins, but equity inflows continue: BofA

Published 08 Mar, 2021 05:45am

LONDON: Investors poured billions of dollars into high-flying stocks even as the ongoing bond market rout led to...

Turkish economy grew 2.3% in 2020 despite pandemic

Published 01 Mar, 2021 12:28pm

"Indicators still show growing demand for manufacturing despite COVID-19 restrictions," BofA added.

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

Published 26 Feb, 2021 07:26pm

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.

BofA hikes 2021 Brent price view by $10/bbl on strong oil balances

Published 23 Feb, 2021 07:01pm

The bank now expects Brent crude oil to average $60 per barrel in 2021, up from a previous estimate of $50. BofA also forecasts West Texas Intermediate (WTI) crude prices to average $57 a barrel this year.
Brent prices could temporarily spike to $70 a barrel in the second quarter of the year, the bank's analysts said in a note.

Wall Street week ahead: GameStop frenzy reveals potential for broader market stress

Published 08 Feb, 2021 03:46am

NEW YORK: As the trading frenzy in GameStop Corp shares and other social media favourites recedes, investors are...

Asia shares look to China for recovery lead, earnings in focus

Published 19 Jan, 2021 11:05am

The Canadian dollar eased to $1.2731 on reports Biden would cancel a permit for the Keystone XL pipeline as one of his first acts in office.

Wall Street cautious on 'frothy' stocks, warn bitcoin bubble

Published 08 Jan, 2021 06:22pm

BofA's latest weekly fund flow data on Friday reflected some of that sentiment with investors storming into money markets and gold funds while pulling some money out of emerging markets.
Still, US stocks stood out with $10 billion inflows.

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 24	278.07
USD PKR Interbank Buying / Jul 24	277.87
USD to Japanese Yen / Jul 24	163.83
USD to Swiss Franc / Jul 24	0.82
Pound Sterling to USD / Jul 24	1.33
Euro to USD / Jul 24	1.14
SOFR % / Jul 24	3.57

Stock	Volume
S&P 500 / Jul 24	7,411.98
India Sensex / Jul 24	76,059.77
Nasdaq / Jul 24	24,975.82
FTSE 100 / Jul 24	10,736.23
Dow Jones / Jul 24	51,947.25
Germany DAX 30 / Jul 24	25,099
France CAC40 / Jul 24	8,372.28
Tokyo Nikkei / Jul 27	64,771.01
Hang Seng / Jul 27	25,112.38

Item	Value
Crude Oil USD/Barrel / Jul 24	89.31
Karachi Cotton PKR/37.32 KG / Jul 24	18,680
Gold 10 Grams PKR / Jul 24	366,457
Gold Spot USD/Ounce / Jul 24	4,052.79
Cotton US¢/pound / Jul 24	79.98
Petrol/Litre / Jul 27	335.18
Diesel/Litre / Jul 27	383.46

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Jul 24 Media Times Limited(MDTL)	6.38 ▲ 1 (18.59%)
First Punjab Modaraba / Jul 24 First Punjab Modaraba(FPJM)	10.44 ▲ 0.97 (10.24%)
First Fid. Leasing / Jul 24 First Fidelity Leasing Modaraba(FFLM)	14.92 ▲ 1.36 (10.03%)
First IBL Mod. / Jul 24 First IBL Modaraba(FIBLM)	15.15 ▲ 1.38 (10.02%)
Metro Steel / Jul 24 Metropolitan Steel Corporation Limited(MSCL)	22.41 ▲ 2.04 (10.01%)
UDL International / Jul 24 UDL International Limited(UDLI)	21.77 ▲ 1.98 (10.01%)
Asia Ins. / Jul 24 Asia Insurance Company Limited(ASIC)	54.95 ▲ 5 (10.01%)
Olympia Mills / Jul 24 Olympia Mills Limited(OML)	173.26 ▲ 15.75 (10%)
Fateh Sports / Jul 24 Fateh Sports Wear Limited(FSWL)	172.68 ▲ 15.7 (10%)
Ashfaq Textile / Jul 24 Ashfaq Textile Mills Limited(ASHT)	31.49 ▲ 2.86 (9.99%)

Stock	Price
Khairpur Sug. / Jul 24 Khairpur Sugar Mills Limited(KPUS)	1,105.08 ▼ -122.79 (-10%)
Shadman Cotton / Jul 24 Shadman Cotton Mills Limited(SHCM)	52.81 ▼ -5.84 (-9.96%)
Shams Textile / Jul 24 Shams Textile Mills Limited(STML)	53.26 ▼ -5.88 (-9.94%)
Power Cem(Pref) / Jul 24 Power Cement (Pref)(POWERPS)	23.51 ▼ -2.54 (-9.75%)
Janana De Malucho / Jul 24 Janana De Malucho Textile Mills Limited(JDMT)	139.77 ▼ -14.79 (-9.57%)
East West Ins. / Jul 24 East West Insurance Company Limited(EWIC)	48.10 ▼ -4.36 (-8.31%)
Elahi Cotton / Jul 24 Elahi Cotton Mills Limited(ELCM)	208.50 ▼ -18.84 (-8.29%)
J.A.Textile / Jul 24 J.A. Textile Mills Limited(JATM)	32.13 ▼ -2.85 (-8.15%)
Suhail Jute / Jul 24 Suhail Jute Mills Limited(SUHJ)	201.90 ▼ -17.58 (-8.01%)
Lotte Chemical / Jul 24 Lotte Chemical Pakistan Limited(LOTCHEM)	26.81 ▼ -2.31 (-7.93%)

Stock	Volume
Cnergyico PK / Jul 24 Cnergyico PK Limited(CNERGY)	59,327,773 ▲ 0.19
Trust Sec.& Brok. / Jul 24 Trust Securities & Brokerage Limited(TSBL)	36,977,902 ▲ 0
Kohinoor Spinning / Jul 24 Kohinoor Spinning Mills Limited(KOSM)	32,626,744 ▲ 0.51
Pak Refinery / Jul 24 Pakistan Refinery Limited(PRL)	24,565,429 ▲ 0.6
WorldCall Telecom / Jul 24 Worldcall Telecom Limited(WTL)	21,618,473 ▲ 0.01
B.O.Punjab / Jul 24 The Bank of Punjab(BOP)	20,591,638 ▼ -0.34
TPL Properties / Jul 24 TPL Properties Limited(TPLP)	19,232,151 ▼ -0.25
K-Electric Ltd. / Jul 24 K-Electric Limited(KEL)	18,140,027 ▲ 0.08
Media Times Ltd / Jul 24 Media Times Limited(MDTL)	15,731,176 ▲ 1
Waves Home Appliances / Jul 24 Waves Home Appliances Limited(WAVESAPP)	13,338,005 ▲ 0.56

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