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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
786 Invest Ltd / Dec 3 786 Investments Limited(786)	5.85 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▼ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	85.40 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▼ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▼ 0.00 (0.00%)
Attock Cement / Dec 3 Attock Cement Pakistan Limited(ACPL)	96.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	5.85 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▲ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	85.40 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▲ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▲ 0.00 (0.00%)
Attock Cement / Dec 3 Attock Cement Pakistan Limited(ACPL)	96.07 ▲ 0.00 (0.00%)

Stock	Volume
Maple Leaf Cement / Dec 3 Maple Leaf Cement Factory Limited(MLCF)	43,072,746 ▲ 0.00
Pak Elektron / Dec 3 Pak Elektron Limited(PAEL)	39,797,114 ▲ 0.00
Fauji Fert Bin / Dec 3 Fauji Fertilizer Bin Qasim Limited(FFBL)	27,568,000 ▲ 0.00
Fauji Cement / Dec 3 Fauji Cement Company Limited(FCCL)	27,255,000 ▲ 0.00
Hum Network / Dec 3 Hum Network Limited(HUMNL)	22,004,000 ▲ 0.00
WorldCall Telecom / Dec 3 Worldcall Telecom Limited(WTL)	17,256,413 ▲ 0.00
D.G.K.Cement / Dec 3 D.G. Khan Cement Company Limited(DGKC)	14,240,764 ▲ 0.00
Air Link Com. / Dec 3 Air Link Communication Limited(AIRLINK)	13,542,140 ▲ 0.00
Dewan Cement / Dec 3 Dewan Cement Limited(DCL)	12,062,500 ▲ 0.00
K-Electric Ltd. / Dec 3 K-Electric Limited(KEL)	10,296,343 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 1	285.15
USD PKR Interbank Buying / Dec 1	284.95
USD to Japanese Yen / Dec 1	146.82
USD to Swiss Franc / Dec 1	0.87
Pound Sterling to USD / Dec 1	1.27
Euro to USD / Dec 1	1.09
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 1	4594.63
India Sensex / Dec 1	67481.19
Tokyo Nikkei / Dec 1	33431.51
Nasdaq / Dec 1	14305.03
Hang Seng / Dec 1	16830.30
FTSE 100 / Dec 1	7529.35
Dow Jones / Dec 1	36245.50
Germany DAX 30 / Dec 1	16397.52
France CAC40 / Dec 1	7346.15

Item	Value
Crude Oil USD/Barrel / Dec 1	74.07
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Gold 10 Grams PKR / Dec 1	189043
Gold Spot USD/Ounce / Dec 1	2072.22
Cotton US¢/pound / Dec 1	79.42

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