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Chinese yuan

Dollar surges then steadies as Trump backs down on Fed attacks

SINGAPORE: The U.S. dollar rose sharply and then steadied on Wednesday as President Donald Trump backed away from...

Published 23 Apr, 2025 07:49am

Markets

Weakness in yuan, Asian peers weighs on rupee

MUMBAI: The Indian rupee ended weaker on Tuesday, in line with regional peers that fell tracking the Chinese yuan,...

Published 22 Apr, 2025 11:25pm

Markets

Dollar gains extend ahead of US jobs reading

SINGAPORE: The dollar looked set to extend its longest weekly winning streak in over a year on Friday, underpinned...

Published 10 Jan, 2025 08:09am

Markets

Copper driven higher by technical factors

LONDON: Copper prices extended gains for a sixth session on Thursday as technical factors provided momentum and...

Published 10 Jan, 2025 03:51am

Business & Finance

China’s yuan slides past 7.3 floor on falling yields

HONG KONG: China’s yuan slid past the key 7.3 threshold to a 14-month low against the dollar on Friday, as...

Published 04 Jan, 2025 08:03am

Business & Finance

China’s yuan heads for weekly fall

SHANGHAI: China’s yuan was steady against the dollar on Friday, helped by firmer central bank guidance but was...

Published 23 Dec, 2024 06:50am

Markets

Yuan rebounds from 13-month low after firmer midpoint fixing

SHANGHAI: The Chinese yuan edged up on Wednesday from a 13-month low against the dollar following firmer guidance by...

Published 04 Dec, 2024 11:21am

Opinion

‘The looming challenge to dollar dominance’

This is apropos a letter to the Editor by this writer titled “The looming challenge to dollar dominance” carried...

Published 04 Dec, 2024 03:14am

Markets

China’s yuan slides to 4-month low on tariff threats and mixed PMI data

SHANGHAI: The yuan fell to a four-month low on Monday, as tariff threats and mixed purchasing managers’ index (PMI)...

Published 02 Dec, 2024 10:53am

Business & Finance

China’s yuan to snap 8-week losing streak

SHANGHAI: China’s yuan edged up on Friday against a soft dollar, on track for its first weekly gain in two months...

Published 02 Dec, 2024 06:04am

Business & Finance

China’s yuan steady

SHANGHAI: China’s yuan was steady on Monday, as the prospects of further economic stimulus and a likely increase ...

Updated 12 Nov, 2024 08:03am

Business & Finance

China’s yuan set for 6th weekly drop

SHANGHAI: China’s yuan slipped and looked set for its sixth losing week, hurt by investor worries about higher...

Published 11 Nov, 2024 06:03am

Markets

HK stocks down, China’s yuan slips as US election counting progresses

HONG KONG: China’s yuan weakened in early Asian trades on Wednesday and Hong Kong stocks fell as opinion polls and...

Published 06 Nov, 2024 08:51am

Business & Finance

Yuan slips from 3-week high

SHANGHAI: China’s yuan slipped on Tuesday, retreating from a three-week high against the dollar hit a day earlier,...

Published 06 Nov, 2024 07:53am

Business & Finance

Dollar slips as traders unwind Trump trades

NEW YORK: The US dollar slipped on Monday as investors exited from positions that have benefited from speculation...

Published 05 Nov, 2024 03:30am

Markets

Yuan bounces as traders brace for US election volatility

SINGAPORE: The yuan touched a two-week high on Monday in a firm start to a pivotal week that has markets braced for...

Published 04 Nov, 2024 10:00am

Markets

China stocks end two weeks of gains, weighed down by US election worries

SHANGHAI: Mainland China stocks ended lower on Friday after two straight weeks of gains, with signs of economic...

Published 02 Nov, 2024 06:15am

Business & Finance

Asian currencies: Ringgit, Thai baht at over 2-year highs

BENGALURU: Asian emerging market currencies were on a roll on Friday, with the Malaysian ringgit and the Thai baht...

Published 28 Sep, 2024 07:42am

Business & Finance

Yuan jumps to 16-month high

SHANGHAI: China’s yuan rose to its strongest level in nearly 16 months on Friday on bets that Beijing will unveil...

Published 23 Sep, 2024 06:45am

Markets

Oil falls more than 2% after US jobs data, set for weekly drop

Brent crude futures down $1.62, or 2.23%, to $71.07 a barrel

Updated 06 Sep, 2024 10:02pm

Business & Finance

China’s yuan gains against dollar

HONG KONG: China’s yuan extended recent advances on the dollar on Thursday as the US currency struggled against ...

Published 06 Sep, 2024 08:22am

Markets

Yuan firms against dollar; eyes on US inflation and China PMI

SHANGHAI: China’s yuan firmed against the dollar on Thursday, after weakening for the prior three sessions, as...

Published 29 Aug, 2024 11:02am

Markets

China yuan steady as dollar hovers near 8 month lows ahead of expected US rate cut

SHANGHAI: The Chinese yuan was steady on Thursday as the dollar hovered near eight-month lows, with minutes from the...

Published 22 Aug, 2024 10:24am

Markets

China’s yuan eases from 7-month peak, economic data in focus

SHANGHAI: China’s yuan eased on Tuesday from a seven-month high against the dollar it booked a day earlier, as some...

Published 06 Aug, 2024 10:43am

Markets

China yuan firms to one-week high against weaker dollar

SHANGHAI: The yuan strengthened to one-week high on Thursday against the U.S. dollar, even after China’s central...

Published 25 Jul, 2024 10:04am

Markets

Chinese yuan hits eight-month low as commodities currencies continue slide

HONG KONG: China’s yuan slipped to its lowest point in more than eight months on Wednesday as commodities-linked...

Published 24 Jul, 2024 11:03am

Business & Finance

Yuan steady against dollar

SHANGHAI: The yuan held steady on Tuesday against the US dollar, with analysts saying the fragile currency would...

Updated 24 Jul, 2024 06:37am

Business & Finance

Indian rupee ends little changed

MUMBAI: The Indian rupee closed nearly flat on Monday after slipping to its weakest level on record earlier in the...

Published 23 Jul, 2024 08:29am

Markets

Dollar eases as Biden ends re-election bid; yuan steady after rate cut

TOKYO: The dollar eased on Monday in the initial reaction to US President Joe Biden’s decision to end his...

Published 22 Jul, 2024 09:59am

Business & Finance

Yuan set to end week lower

SHANGHAI: China’s yuan is set to end the week lower against a strong US dollar as statements from a key leadership...

Published 20 Jul, 2024 05:34am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 12	281.63
USD PKR Interbank Buying / May 12	281.43
USD to Japanese Yen / May 12	145.91
USD to Swiss Franc / May 12	0.83
Pound Sterling to USD / May 12	1.33
Euro to USD / May 12	1.12
UK LIBOR % / May 9	4.96

Stock	Volume
S&P 500 / May 9	5,659.91
Nasdaq / May 9	17,928.92
Dow Jones / May 9	41,249.38
India Sensex / May 12	81,746.51
Tokyo Nikkei / May 12	37,643.20
Hang Seng / May 12	23,174.79
FTSE 100 / May 12	8,559.54
Germany DAX 30 / May 12	23,721.61
France CAC40 / May 12	7,802.81

Item	Value
Karachi Cotton PKR/37.32 KG / May 9	16,985
Gold 10 Grams PKR / May 9	300,840
Petrol/Litre / May 12	252.63
Crude Oil USD/Barrel / May 12	61.81
Gold Spot USD/Ounce / May 12	3,279.94
Diesel/Litre / May 12	256.64
Cotton US¢/pound / May 12	67.45

Gainers
Losers
Leaders

Stock	Price
Equity Modaraba / May 12 First Equity Modaraba(FEM)	3.46 ▲ 0.96 (38.4%)
Cresent Jute / May 12 Crescent Jute Products Limited(CJPL)	3.29 ▲ 0.69 (26.54%)
Dewan Farooque Sp. / May 12 Dewan Farooque Spinning Mills Limited(DFSM)	2.99 ▲ 0.62 (26.16%)
Kohinoor Spining / May 12 Kohinoor Spinning Mills Limited(KOSM)	4.99 ▲ 1 (25.06%)
Media Times Ltd / May 12 Media Times Limited(MDTL)	1.85 ▲ 0.34 (22.52%)
Pace (Pak) Ltd. / May 12 Pace (Pakistan) Limited(PACE)	5.39 ▲ 0.97 (21.95%)
Cres.Star Ins. / May 12 Crescent Star Insurance Limited(CSIL)	2.73 ▲ 0.47 (20.8%)
D.S. Ind. Ltd. / May 12 D.S. Industries Limited(DSIL)	4.71 ▲ 0.81 (20.77%)
Al-Shaheer Corp / May 12 Al Shaheer Corporation Limited(ASC)	5.88 ▲ 1 (20.49%)
Chenab Ltd (Pref) / May 12 Chenab Limited (Pref)(CLCPS)	2.43 ▲ 0.38 (18.54%)

Stock	Price
Ellcot Spinning / May 12 Ellcot Spinning Mills Limited(ELSM)	101.10 ▼ -11.09 (-9.89%)
Shams Textile / May 12 Shams Textile Mills Limited(STML)	21.50 ▼ -2 (-8.51%)
National Silk / May 12 The National Silk & Rayon Mills Limited(NSRM)	38.55 ▼ -3.5 (-8.32%)
Ali Asghar / May 12 Ali Asghar Textile Mills Limited(AATM)	41.50 ▼ -3.37 (-7.51%)
Quetta Textile / May 12 Quetta Textile Mills Limited(QUET)	10.31 ▼ -0.75 (-6.78%)
Din Tex. / May 12 Din Textile Mills Limited(DINT)	47 ▼ -2.99 (-5.98%)
Pak Leather / May 12 Pak Leather Crafts Limited(PAKL)	28.25 ▼ -1.75 (-5.83%)
Suraj Cotton / May 12 Suraj Cotton Mills Limited(SURC)	116 ▼ -7.14 (-5.8%)
Shield Corp. / May 12 Shield Corporation Limited(SCL)	266.51 ▼ -12.42 (-4.45%)
Sakrand Sugar / May 12 Sakrand Sugar Mills Limited(SKRS)	11.80 ▼ -0.52 (-4.22%)

Stock	Volume
K-Electric Ltd. / May 12 K-Electric Limited(KEL)	93,258,415 ▲ 0.62
At-Tahur Ltd. / May 12 At-Tahur Limited(PREMA)	67,046,598 ▲ 1.93
WorldCall Telecom / May 12 Worldcall Telecom Limited(WTL)	57,531,174 ▲ 0.16
Power Cement / May 12 Power Cement Limited(POWER)	34,395,202 ▲ 1.23
Cnergyico PK / May 12 Cnergyico PK Limited(CNERGY)	32,701,729 ▲ 1
B.O.Punjab / May 12 The Bank of Punjab(BOP)	30,391,662 ▲ 1
Hub Power Co. / May 12 The Hub Power Company Limited(HUBC)	21,323,637 ▲ 12.58
Kohinoor Spining / May 12 Kohinoor Spinning Mills Limited(KOSM)	21,165,012 ▲ 1
Pak Int.Bulk / May 12 Pakistan International Bulk Terminal(PIBTL)	14,497,958 ▲ 1
Pak Elektron / May 12 Pak Elektron Limited(PAEL)	11,690,633 ▲ 4.02

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