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commodity prices

Defensive, technology stocks power European markets to record close

LONDON: European stocks reached a record high after healthcare, utilities and technology gains outweighed declines...

Published 10 Aug, 2021 04:39am

PM says ‘Kamyab Jawan’ can be another ‘Ehsaas’

World Bank working on a number of projects in Pakistan and also interested in providing full support to social security projects, says its senior official

Updated 06 Aug, 2021 11:12am

BR Research

Currency diary

The currency is under pressure. After crossing 164, the PKR/USD closed at 163.89 yesterday. This is the lowest level...

Updated 04 Aug, 2021 09:34am

Markets

Commodity prices worldwide: Increase will have inflationary implications for country: ministry

ISLAMABAD: Increase in commodity prices worldwide will have inflationary implications for Pakistan, as the country...

Published 03 Jul, 2021 03:19am

BR Research

Inflation roundup

The headline average inflation stood at 8.9 percent in FY21 as compared to 10.7 percent in the previous year. This ...

Published 02 Jul, 2021 07:25am

BR Research

Gas price spiral: Tough times ahead

It is not quite 2008 yet, but it is the closest since. Inflation fears around the globe are inching up with ever...

Published 01 Jul, 2021 07:25am

Business & Finance

N Korea's currency, commodity markets in turmoil

SEOUL: Currency exchange rates and commodity prices appear to be wildly fluctuating in North Korea as a resumption ...

Published 28 Jun, 2021 04:38am

Business & Finance

Brazil central bank ups 2021 GDP growth forecast to 4.6pc

The 4.6% gross domestic product growth forecast for this year is closer to the market consensus of 5.0% in the central bank's latest weekly 'FOCUS' survey of around 100 economists.

Published 24 Jun, 2021 06:12pm

Markets

China to auction first batch of state metal reserves on July 5

BEIJING: China’s state reserves administration on Tuesday said it would publicly auction a total of 100,000 tonnes...

Published 24 Jun, 2021 03:36am

Markets

China investigates commodity prices and supplies

BEIJING: The pricing department of China’s National Development and Reform Commission (NDRC) and the country’s...

Published 24 Jun, 2021 03:36am

Opinion

Macro stresses begin to surface

Signs of building macro stress have started to show, especially in the external account. Rising global commodity...

Published 20 Jun, 2021 03:39am

Markets

Miners drag FTSE from 16-month highs

LONDON: Miners knocked London’s FTSE 100 index off 16-month highs on Thursday as a hawkish turn by the US Federal...

Published 18 Jun, 2021 04:16am

Markets

Copper sinks to two-month low as dollar strengthens

Three-month copper on LME fell 1.9% to $9,481 a tonne by 1043 GMT, after earlier hitting its lowest since April 23 at $9,415.

Published 17 Jun, 2021 04:34pm

Markets

China to release copper, aluminium and zinc reserves to stabilise prices

BEIJING/HANOI: China announced plans on Wednesday to release industrial metals from its national reserves to curb...

Published 17 Jun, 2021 03:27am

BR Research

Control anger, not prices

Govern every crop as if it were maize, and every commodity as if it were poultry. Yet, government policies are bent...

Published 16 Jun, 2021 07:30am

JP Morgan expects ‘100bps policy rate hike later this year’

ISLAMABAD: There have been some positive developments on the economic front in Pakistan, but challenges including...

Published 11 Jun, 2021 03:41am

Business & Finance

ECB lifts growth, inflation projections, sees risks as balanced

Inflation is now seen averaging 1.9% this year, above the 1.5% projected in March, while in 2022 it is seen at 1.5%, against an earlier projection for 1.2%.

Published 10 Jun, 2021 06:45pm

Markets

Russian metals firms may face $1.4 bn in extra tax

MOSCOW: Russian metals producers may face a demand to pay 100 billion roubles ($1.4 billion) in additional tax to ...

Published 01 Jun, 2021 04:59am

Markets

South Africa's rand set for monthly gains, commodities lift stocks

The dollar came under pressure more broadly on Monday as traders assessed the impact of a surge in U.S. inflation before monthly jobs data later this week.

Published 31 May, 2021 11:09pm

Markets

South Africa's rand firms, shares rise

The main indexes are now hovering near all-time best highs seen earlier in May, with a strong local earnings complimented by dissipating concerns on inflation.

Published 28 May, 2021 10:18pm

Markets

Dalian iron ore hits over six-week low as China steel margins narrow

MANILA: Chinese iron ore futures touched a more than six-week low on Thursday, as falling steel prices and slowing...

Published 28 May, 2021 04:08am

Business & Finance

China’s industrial profits growth slows in April

BEIJING: Earnings at China’s industrial firms grew at a slower pace in April, with high commodity prices and ...

Published 28 May, 2021 04:08am

Markets

Shanghai steel futures drop as weather dims China demand outlook

MANILA: Chinese steel futures fell on Wednesday as changing weather conditions in top steel producer China added...

Published 27 May, 2021 03:40am

Markets

Canadian dollar holds near 6-year high as greenback slides

Canadian dollar dips 0.1% against the greenback.
Canadian factory sales likely fell 1.1% in April.
Loonie trades in a range of 1.2029 to 1.2058.
Canadian 10-year yield hits a 2-week low at 1.505%.

Published 25 May, 2021 06:51pm

Business & Finance

Dollar at 4-month low in Europe

LONDON: The dollar hit its lowest level in four months on Friday and was set to notch a modest weekly drop as...

Published 22 May, 2021 04:05am

Markets

Copper extends retreat

LONDON: Copper prices eroded further on Friday as some investors took profits and others worried about threats by ...

Published 22 May, 2021 04:05am

Markets

Dollar set for weekly loss as taper jitters subside

Dollar index down -0.6% for the week.
Euro unchanged on better than expected PMIs.
Sterling hits $1.42 again after positive retail sales data.

Published 21 May, 2021 04:51pm

Markets

Australian, NZ shares higher

SYDNEY: Australian shares closed higher for a third straight session on Tuesday, led by gains in heavyweight mining...

Published 19 May, 2021 06:00am

Markets

China steel rebar, hot rolled coil fall for third day after hitting records

BEIJING: Chinese construction rebar and hot rolled coils futures declined on Monday, down for a third consecutive...

Published 18 May, 2021 05:05am

Business & Finance

China’s factory output slows

BEIJING: China’s factories slowed their output growth in April and retail sales significantly missed expectations...

Updated 18 May, 2021 09:32am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 26	278.40
USD PKR Interbank Buying / Jul 26	278.20
USD to Japanese Yen / Jul 26	153.77
USD to Swiss Franc / Jul 26	0.88
Pound Sterling to USD / Jul 26	1.29
Euro to USD / Jul 26	1.09

Stock	Volume
S&P 500 / Jul 25	5,399.22
Nasdaq / Jul 25	17,181.72
Dow Jones / Jul 25	39,935.07
India Sensex / Jul 26	80,709.64
Tokyo Nikkei / Jul 26	37,865.35
Hang Seng / Jul 26	17,058.55
FTSE 100 / Jul 26	8,255.78
Germany DAX 30 / Jul 26	18,346.62

Item	Value
Crude Oil USD/Barrel / Jul 26	78.38
Karachi Cotton PKR/37.32 KG / Jul 26	17,035
Gold 10 Grams PKR / Jul 26	215,621
Gold Spot USD/Ounce / Jul 26	2,374.19
Cotton US¢/pound / Jul 26	68.62
Petrol/Litre / Jul 27	275.60

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jul 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jul 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jul 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jul 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jul 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jul 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jul 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jul 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jul 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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