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Commerzbank

Copper gains for fourth session on economic recovery hopes

Three-month copper on the London Metal Exchange (LME) had climbed 1pc to $9,534.50 a tonne by 1615 GMT, on track to finish the week in positive territory.

Published 23 Jul, 2021 09:55pm

Markets

Euro zone bond yields fall ahead of the ECB policy meeting

Germany's 10-year bond yield was down 1 basis point, after hitting a fresh lowest since March 29 at -0.369%

Published 19 Jul, 2021 01:36pm

Markets

Gold gains in Europe

AMSTERDAM/LONDON: Gold prices rose on Wednesday after robust US inflation numbers lifted the metal’s appeal as an...

Published 15 Jul, 2021 04:03am

Markets

Raw sugar nears 4-month peak

LONDON: Raw sugar futures on ICE edged up on Tuesday, heading back near a recent four-month peak as the market...

Published 07 Jul, 2021 04:28am

Markets

OPEC+ summit could lead to modest rise in oil output

Four hours later they are to be joined by 10 allied oil producing countries led by Russia

Published 01 Jul, 2021 09:45am

Markets

Oil steadies near three-year highs on recovery signs

Brent rose 12 cents, or 0.2pc, to $75.31 a barrel by 12:28 p.m. EDT (1628 GMT), after earlier rising to $75.78. U.S. crude slipped 1 cent to $73.07 a barrel, after hitting a session high of $73.61 earlier.

Updated 24 Jun, 2021 11:37pm

Markets

Copper steadies after hitting 10-week low

LONDON: Copper steadied on Monday, having hit its lowest level since mid-April after moves by China to rein in...

Published 22 Jun, 2021 04:46am

Markets

Gold heads for worst week in over a year after Fed blow

Spot gold edged 0.1pc lower to $1,770.96 per ounce by 1:51 pm EDT (1751 GMT), stalling an initial uptick on some bargain buying.

Updated 19 Jun, 2021 01:26am

Markets

Cotton futures slip over 2pc

NEW YORK: ICE cotton futures fell more than 2% on Thursday as the dollar jumped to a multi-month peak, with the...

Published 18 Jun, 2021 04:16am

Markets

Cotton futures slip over 2pc as firmer dollar weighs

Cotton declined, despite decent export sales figures from the U.S. Department of Agriculture (USDA).

Published 17 Jun, 2021 10:13pm

Markets

Euro zone bond yields narrowly mixed, ahead of Fed, EU bond

Comments from ECB officials supporting the view that there is no hurry to taper the central bank's aggressive emergency stimulus continue to support mostly peripheral bonds.

Published 15 Jun, 2021 01:19pm

Markets

Gold slips as investors fear U.S. Fed taper hints

Spot gold fell 0.7pc to $1,863.98 per ounce by 1:43 p.m EDT (1743 GMT) after hitting its lowest level since May 17 at $1,848.49. U.S. gold futures settled 0.7pc down at $1,865.9.

Updated 15 Jun, 2021 12:54am

Markets

Copper ticks higher, but vulnerable to further losses

Three-month copper on the London Metal Exchange had edged up 0.1% to $9,914 a tonne.
Shanghai copper prices fell, closing 0.4% lower at 71,420 yuan.

Published 08 Jun, 2021 05:25pm

Markets

Euro zone bond yields edge lower ahead of ECB meeting, US data

Italy's 10-year government bond yields were flat at 0.918%.

Published 08 Jun, 2021 03:43pm

Markets

South Africa's rand falls ahead of GDP data

In fixed income, the yield on the benchmark government bond due in 2030 was up 0.5 basis point to 8.755% in early deals.

Published 08 Jun, 2021 12:26pm

Markets

Gold rises in Europe

AMSTERDAM/LONDON: Gold prices rose in European trade on Wednesday, hovering below a near five-month peak hit in the...

Published 03 Jun, 2021 04:13am

Markets

Copper down on low China demand despite upbeat factory data

Copper, mainly used in the power and construction industries, is seen as a sensitive gauge of the health of the global economy.

Published 01 Jun, 2021 11:30pm

Markets

OPEC and allies set for another crude output increase

Currently the production roadmap for OPEC+ members consists of a series of increases between May and July adding up to some 1.2 million barrels per day (bpd).

Published 01 Jun, 2021 11:09am

Business & Finance

Turkey’s lira makes strong comeback from all-time lows

ISTANBUL: Turkey’s lira rose almost 1% on Monday, while an index of emerging market currencies was set for the ...

Published 01 Jun, 2021 04:59am

Markets

Turkey's lira make strong come-back from all-time lows

The currency was on course to log its best month this year.

Published 31 May, 2021 02:02pm

Markets

Oil inches higher

LONDON: Oil prices inched higher on Friday, with Brent holding near $70 a barrel as strong US economic data and...

Published 29 May, 2021 03:59am

Markets

Euro zone bond yields back away from multi-month highs for now

Germany's election takes place in September.

Published 17 May, 2021 03:18pm

Business & Finance

Commerzbank beats expectations

FRANKFURT: Germany’s second-largest lender Commerzbank on Wednesday turned in a solid first-quarter performance,...

Published 13 May, 2021 03:10am

Markets

Oil rises after key US fuel pipeline plans restart

NEW YORK: Oil prices turned higher on Monday as a major US fuel pipeline said it could largely restart within the...

Published 11 May, 2021 04:39am

Business & Finance

Commerzbank CEO says aims to keep lender independent

Knof, speaking after a deal was struck between management and employees over thousands of job reductions, said the bank has made a significant step in cutting costs.
He said he hopes that future strategy plans focus more on customers.

Published 07 May, 2021 08:14pm

Business & Finance

Commerzbank strikes deal with workers over job cuts

Paves way for 10,000 job cuts globally.
Deal central to CEO's plan to restore bank to profit.
Bank discloses higher restructuring costs.

Published 07 May, 2021 05:48pm

Business & Finance

Commerzbank job cut deal expected to be signed on Friday

The agreement includes early retirement and reduced hours for older employees, with a focus on those born in 1968 and earlier, the people said. It also includes details on severance packages and retraining programs for employees.
The agreement is central to Chief Executive Manfred Knof's plans to streamline the nation's second-biggest listed lender and return it to profitability.

Published 06 May, 2021 05:48pm

Markets

Arabica coffee climbs to highest level since 2017

LONDON: Arabica coffee futures on ICE rose to the highest level in more than three years on Tuesday with supplies ...

Published 28 Apr, 2021 03:18am

Markets

Raw sugar futures ease; cocoa and coffee climb

LONDON: Raw sugar futures were lower on Monday, suffering a setback after last week's steep climb to a six-week ...

Published 20 Apr, 2021 03:59am

Markets

US MIDDAY: Corn futures ease; wheat, soyabeans up

CHICAGO, April 15 (Reuters) - US corn futures dipped on Thursday, pressured by commercial hedging after spiking ...

Published 16 Apr, 2021 03:40am

Gainers
Losers
Leaders

Stock	Price
Dewan Sugar / Jul 2 Dewan Sugar Mills Limited(DWSM)	2.99 ▲ 0.80 (36.53%)
Yousuf Weaving / Jul 2 Yousaf Weaving Mills Limited(YOUW)	5.51 ▲ 0.56 (11.31%)
Ashfaq Textile / Jul 2 Ashfaq Textile Mills Limited(ASHT)	8.90 ▲ 0.90 (11.25%)
Azgard Nine / Jul 2 Azgard Nine Limited(ANL)	11.28 ▲ 1.00 (9.73%)
Tri-Star Power / Jul 2 Tri-Star Power Limited(TSPL)	3.79 ▲ 0.29 (8.29%)
Sanofi-Aventis / Jul 2 Sanofi-Aventis Pakistan Limited(SAPL)	1148.48 ▲ 80.12 (7.50%)
Bolan Casting / Jul 2 Bolan Castings Limited(BCL)	53.55 ▲ 3.73 (7.49%)
K.S.B.Pumps / Jul 2 KSB Pumps Company Limited(KSBP)	142.14 ▲ 9.91 (7.49%)
MithchellsFruit / Jul 2 Mitchells Fruit Farms Limited(MFFL)	91.69 ▲ 6.39 (7.49%)
Allawasaya Tex / Jul 2 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1525.00 ▲ 106.00 (7.47%)

Stock	Price
F.Treet Manuf / Jul 2 First Treet Manufacturing Modaraba(FTMM)	9.78 ▲ -1.00 (-9.28%)
Husein Sug.Convert.Pref. / Jul 2 Husein Sugar Mills Ltd Convertible Preference Shares(HSMCPS)	4.99 ▲ -0.51 (-9.27%)
AEL Textile / Jul 2 AEL Textile Limited(AEL)	12.95 ▲ -1.05 (-7.50%)
Ellcot Spinning / Jul 2 Ellcot Spinning Mills Limited(ELSM)	150.77 ▲ -12.22 (-7.50%)
TPL Insurance / Jul 2 TPL Insurance Limited(TPLI)	31.21 ▲ -2.53 (-7.50%)
Bank Of Khyber / Jul 2 The Bank of Khyber(BOK)	13.92 ▲ -1.08 (-7.20%)
Pak Gen.Ins. / Jul 2 The Pakistan General Insurance Co. Ltd.(PKGI)	10.16 ▲ -0.77 (-7.04%)
Kohinoor Mills / Jul 2 Kohinoor Mills Limited(KML)	25.00 ▲ -1.75 (-6.54%)
Jahangir Sidd(Pref) / Jul 2 Jahangir Sidd(Pref)(JSCLPSA)	7.50 ▲ -0.44 (-5.54%)
Quice Food / Jul 2 Quice Food Industries Limited(QUICE)	3.82 ▲ -0.19 (-4.74%)

Stock	Volume
Agritech Limited / Jul 2 Agritech Limited(AGL)	9,614,500 ▼ 0.00
Yousuf Weaving / Jul 2 Yousaf Weaving Mills Limited(YOUW)	5,016,500 ▼ 0.00
Kohinoor Spining / Jul 2 Kohinoor Spinning Mills Limited(KOSM)	4,705,000 ▼ 0.00
G3 Technologies / Jul 2 G3 Technologies Limited(GTECH)	4,358,000 ▼ 0.00
Azgard Nine / Jul 2 Azgard Nine Limited(ANL)	4,332,500 ▼ 0.00
TPL Properties / Jul 2 TPL Properties Limited(TPLP)	3,891,837 ▼ 0.00
Sui North Gas / Jul 2 Sui Northern Gas Pipelines Limited(SNGP)	2,448,092 ▼ 0.00
WorldCall Telecom / Jul 2 Worldcall Telecom Limited(WTL)	2,072,000 ▼ 0.00
Pak Int.Bulk / Jul 2 Pakistan International Bulk Terminal(PIBTL)	2,010,000 ▼ 0.00
Pak Refinery / Jul 2 Pakistan Refinery Limited(PRL)	1,717,062 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 30	204.90
USD PKR Interbank Buying / Jun 30	204.70
USD to Japanese Yen / Jul 1	135.21
USD to Swiss Franc / Jul 1	0.96
Pound Sterling to USD / Jul 1	1.21
Euro to USD / Jul 1	1.04
UK LIBOR % / Jul 1	1.58

Stock	Volume
S&P 500 / Jul 1	3825.33
India Sensex / Jul 1	52907.93
Tokyo Nikkei / Jul 1	26935.62
Nasdaq / Jul 1	11127.84
Hang Seng / Jul 1	21859.79
FTSE 100 / Jul 1	7168.65
Dow Jones / Jul 1	31097.26
Germany DAX 30 / Jul 1	12813.03
France CAC40 / Jul 1	5931.06

Item	Value
Crude Oil USD/Barrel / Jul 1	108.43
Karachi Cotton PKR/37.32 KG / Jul 1	17380.00
Gold 10 Grams PKR / Jul 1	119100.00
Gold Spot USD/Ounce / Jul 1	1811.43
Cotton US¢/pound / Jul 1	97.48

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