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Commerzbank

Gold leaps above $2,000 as dollar weakens on Fed pause bets

LONDON: Gold rose over the key $2,000 level on Friday, logging its second consecutive weekly gain, see-sawing ...

Published 26 Nov, 2023 03:31am

Business & Finance

Commerzbank Q3 net profit more than triples, beats expectations

FRANKFURT: Germany’s Commerzbank said on Wednesday that net profit more than tripled in the third quarter, better...

Published 08 Nov, 2023 11:34am

Business & Finance

Gazprom subsidiary files lawsuits against Deutsche Bank, Commerzbank

MOSCOW: RusKhim-Alyans, a subsidiary of Russian gas giant Gazprom, has filed lawsuits seeking a total of 31 billion...

Published 05 Jul, 2023 06:00am

Business & Finance

German economy entered recession in Q1

BERLIN: The German economy contracted in the first quarter of 2023 compared with the previous three months, thereby...

Published 25 May, 2023 12:16pm

World

Germany’s 2022 inflation drops one point to 6.9% after changes to index

BERLIN: Germany’s new 6.9% inflation reading for 2022 is one point lower than previously reported due to revisions...

Published 22 Feb, 2023 04:43pm

Markets

Commerzbank sees 2023 profit ‘well above’ 2022 despite challenges

FRANKFURT: Germany’s Commerzbank said on Thursday that net profit rose a better-than-expected 12% in the fourth...

Published 16 Feb, 2023 01:05pm

Markets

Arabica coffee falls

LONDON: Arabica coffee futures on ICE fell to a 14-month low on Friday, pressured by an improving outlook for next...

Published 30 Oct, 2022 03:57am

Markets

Oil prices rise on signals Opec might cut output

NEW YORK: Oil prices ended higher on Friday, boosted by signals from Saudi Arabia that OPEC could cut output, but...

Published 28 Aug, 2022 06:10am

Markets

Commerzbank, helped by rates, swings to bigger-than-expected Q2 profit

FRANKFURT: Germany’s Commerzbank swung on Wednesday to a bigger-than-expected second-quarter net profit, helped by...

Published 03 Aug, 2022 11:26am

Markets

OPEC+ meeting to test Biden’s Saudi oil entreaty

VIENNA: The OPEC+ group of major oil exporters meets Wednesday to discuss its output strategy after US President Joe...

Published 03 Aug, 2022 09:37am

Markets

Germany’s Bund yield at 2-month lows as recession fears nag

LONDON: Germany’s benchmark 10-year bond yield fell to a two-month low on Tuesday, with concerns about a sharp...

Published 26 Jul, 2022 01:17pm

Markets

Industrial metals tumble as dollar rises and growth slows

LONDON: Industrial metals prices fell sharply on Thursday as markets braced for rapid interest rate rises that will...

Published 15 Jul, 2022 06:20am

Business & Finance

German lender Commerzbank says it will stay in Russia

FRANKFURT: Commerzbank, Germany’s second-biggest lender, said on Thursday it would not part ways with its Russian...

Published 12 May, 2022 06:59pm

Markets

European stocks fall

LONDON: European shares fell on Tuesday as Deutsche Bank and Commerzbank slumped after a big stake sale, while a US...

Published 13 Apr, 2022 06:03am

Markets

Oil soars as Russian energy supply fears intensify

NEW YORK: Oil prices jumped on Monday as Western allies imposed more sanctions on Russia and blocked some Russian...

Published 01 Mar, 2022 05:34am

Markets

European stocks drop

PARIS: European shares fell on Thursday as heightened Russia-Ukraine tensions eclipsed a slew of encouraging ...

Published 18 Feb, 2022 04:31am

Markets

Commerzbank returns to profit as overhaul pays off

FRANKFURT: Commerzbank, Germany's second-biggest lender, said Thursday the group had booked a profit in 2021 despite...

Published 17 Feb, 2022 01:38pm

Markets

Commerzbank shares fall after finance minister says govt to shed stake in future

BERLIN: Shares in Commerzbank fell 5% in Lang & Schwarz pre-market trade on Monday after Germany's Finance...

Published 14 Feb, 2022 12:00pm

Business & Finance

Sterling extends gains

LONDON: The British pound held its ground on Friday and was set to post a second consecutive weekly gain as...

Published 12 Feb, 2022 05:09am

Markets

Gold dips

LONDON: Gold prices extended losses to a more than one-week low on Thursday as the US dollar and Treasury yields...

Published 28 Jan, 2022 04:44am

Markets

Euro zone yields fall on geopolitical risks, eyes on Italy's vote

Euro zone government bond yields fell on Monday as worries about a possible Russian attack on Ukraine boosted demand...

Published 24 Jan, 2022 06:41pm

Markets

Gold gains as inflation woes persist, palladium extends rally

Gold and silver touched two-month highs on Thursday lifted by worries surrounding inflation and Russia-Ukraine...

Published 20 Jan, 2022 10:53pm

Markets

Copper dragged down by strong dollar ahead of Fed meeting

LONDON: Copper prices succumbed to pressure from the dollar on Tuesday as the market anticipated a more hawkish tone...

Published 19 Jan, 2022 06:15am

Markets

Gold holds ground despite Fed’s rate rise signals

LONDON: Gold prices held their ground on Monday, with gains capped by expectations of monetary policy tightening in...

Published 18 Jan, 2022 04:20am

Markets

Copper falls on Chinese property market weakness, strong dollar

LONDON: Copper fell on Monday as data showed weakness in China's property sector, Chinese coal prices plunged, the...

Published 15 Nov, 2021 11:16pm

Markets

European shares close at record high after Fed, BoE announcements

European shares rose for a fifth straight session on Thursday to hit record highs as investors took comfort from the...

Published 04 Nov, 2021 10:32pm

Markets

Commerzbank expects full year profit after strong Q3

FRANKFURT: Germany's Commerzbank on Thursday said that it swung to a better-than-expected third-quarter net profit...

Published 04 Nov, 2021 11:48am

Markets

Oil hits two-week low on Iran talks and U.S. stocks build

LONDON: Oil prices slumped to their lowest in two weeks on Thursday after Iran said talks with world powers on its...

Published 28 Oct, 2021 10:08pm

Markets

Turkish lira at new low with little reprieve in sight

ISTANBUL: Turkey's lira sank to a new all-time low against the dollar on Monday and analysts saw little reprieve...

Updated 19 Oct, 2021 12:53am

Markets

US MIDDAY: Gold prices gain as inflation concerns grow

NEW YORK: Gold prices rose on Tuesday, as rising inflation fears dulled risk appetite and boosted demand for the...

Published 13 Oct, 2021 04:47am

Gainers
Losers
Leaders

Stock	Price
Haseeb Waqas / Nov 30 Haseeb Waqas Sugar Mills Limited(HWQS)	10.38 ▲ 1.00 (10.66%)
Bela Auto / Nov 30 Bela Automotives Limited(BELA)	8.79 ▲ 0.81 (10.15%)
Dewan Sugar / Nov 30 Dewan Sugar Mills Limited(DWSM)	2.70 ▲ 0.21 (8.43%)
Sec. Inv. Bank / Nov 30 Security Investment Bank Limited(SIBL)	6.50 ▲ 0.46 (7.62%)
Bannu Woollen / Nov 30 Bannu Woollen Mills Limited(BNWM)	30.21 ▲ 2.11 (7.51%)
Chashma / Nov 30 Chashma Sugar Mills Limited(CHAS)	65.58 ▲ 4.58 (7.51%)
Crescent Steel / Nov 30 Crescent Steel & Allied Products Limited(CSAP)	43.53 ▲ 3.04 (7.51%)
IBL HealthCare / Nov 30 IBL HealthCare Limited(IBLHL)	39.95 ▲ 2.79 (7.51%)
Atlas Honda Ltd / Nov 30 Atlas Honda Limited(ATLH)	373.27 ▲ 26.04 (7.50%)
MithchellsFruit / Nov 30 Mitchells Fruit Farms Limited(MFFL)	245.32 ▲ 17.12 (7.50%)

Stock	Price
Nazir Cotton Mills / Nov 30 Nazir Cotton Mills Limited(NCML)	3.07 ▼ -0.83 (-21.28%)
Trust Mod. / Nov 30 Trust Modaraba(TRSM)	1.43 ▼ -0.17 (-10.63%)
Dar-es-Salaam / Nov 30 Dar-es-Salaam Textile Mills Limited(DSML)	8.30 ▼ -0.95 (-10.27%)
Trust Sec.& Brok. / Nov 30 Trust Securities & Brokerage Limited(TSBL)	9.06 ▼ -0.94 (-9.40%)
Jahangir Sidd(Pref) / Nov 30 Jahangir Sidd(Pref)(JSCLPSA)	8.51 ▼ -0.74 (-8.00%)
Ideal Sp. / Nov 30 Ideal Spinning Mills Limited(IDSM)	14.66 ▼ -1.19 (-7.51%)
AKD Hospitality / Nov 30 AKD Hospitality Limited(AKDHL)	159.28 ▼ -12.91 (-7.50%)
Blessed Tex. / Nov 30 Blessed Textiles Limited(BTL)	317.28 ▼ -25.72 (-7.50%)
Universal Network (GEM) / Nov 30 Universal Network Systems Limited (GEM)(GEMUNSL)	32.99 ▼ -2.67 (-7.49%)
Metro Steel / Nov 30 Metropolitan Steel Corporation Limited(MSCL)	21.37 ▼ -1.73 (-7.49%)

Stock	Volume
B.O.Punjab / Nov 30 The Bank of Punjab(BOP)	50,052,966 ▼ -0.21
Cnergyico PK / Nov 30 Cnergyico PK Limited(CNERGY)	35,689,157 ▼ -0.07
Pak Refinery / Nov 30 Pakistan Refinery Limited(PRL)	35,409,231 ▼ -0.13
Fauji Fert Bin / Nov 30 Fauji Fertilizer Bin Qasim Limited(FFBL)	32,650,500 ▲ 1.67
WorldCall Telecom / Nov 30 Worldcall Telecom Limited(WTL)	30,751,189 ▼ -0.01
Fauji Foods Ltd / Nov 30 Fauji Foods Limited(FFL)	30,039,307 ▲ 0.58
Kohinoor Spining / Nov 30 Kohinoor Spinning Mills Limited(KOSM)	23,573,500 ▼ -0.20
The Searle Co. / Nov 30 The Searle Company Limited(SEARL)	21,694,598 ▼ -0.38
Dewan Cement / Nov 30 Dewan Cement Limited(DCL)	21,032,000 ▲ 0.07
Fauji Cement / Nov 30 Fauji Cement Company Limited(FCCL)	15,482,500 ▲ 0.67

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 30	285.78
USD PKR Interbank Buying / Nov 30	285.23
USD to Japanese Yen / Nov 30	147.02
USD to Swiss Franc / Nov 30	0.87
Pound Sterling to USD / Nov 30	1.27
Euro to USD / Nov 30	1.10
UK LIBOR % / Nov 29	5.46

Stock	Volume
S&P 500 / Nov 29	4550.58
Nasdaq / Nov 29	14258.49
Dow Jones / Nov 29	35430.42
India Sensex / Nov 30	66809.11
Tokyo Nikkei / Nov 30	33486.89
Hang Seng / Nov 30	17042.88
FTSE 100 / Nov 30	7437.50
Germany DAX 30 / Nov 30	16203.24
France CAC40 / Nov 30	7279.08

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 29	17735
Gold 10 Grams PKR / Nov 29	185614
Crude Oil USD/Barrel / Nov 30	78.06
Gold Spot USD/Ounce / Nov 30	2044.28
Cotton US¢/pound / Nov 30	79.69

Avari Hotels, Avari family target of alleged blackmail & vilification campaign

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