Topic

coronavirus lockdowns

Australia, NZ dollars toppled by China data shock

Published 17 May, 2022 05:39am

SYDNEY: The Australian and New Zealand dollars suffered a fresh setback on Monday when stunningly weak economic data...

S&P 500, Dow up after inflation data, Nasdaq falls on rate hike worries

Published 12 May, 2022 05:40am

NEW YORK: The S&P 500 and the Dow rose in choppy trading on Wednesday as banks and energy shares gained, while...

Oscar’s Shanghai out of Asian Champions League after virus lockdown

Published 11 Apr, 2022 12:41pm

KUALA LUMPUR: Brazilian star Oscar’s Shanghai Port have withdrawn from the Asian Champions League because of a tough...

UK PM Johnson must address culture that led to lockdown parties: Conservative chairman

Published 17 Jan, 2022 07:06am

LONDON: The British Conservative Party chairman rejected calls for Prime Minister Boris Johnson to resign but said ...

New Zealand dollar gets no lasting lift from super-strong GDP data

Published 17 Sep, 2021 03:52am

SYDNEY: The New Zealand dollar struggled on Thursday to get a lasting lift out of strong economic data, while the...

‘Ghost kitchens’ boom in Asia as pandemic sparks huge demand

Published 16 Sep, 2021 04:02am

In an industrial unit on the outskirts of Taipei chefs are plating meals that will never be served in a restaurant:...

Australia, NZ dollars find footing on path out of lockdowns

Published 10 Sep, 2021 04:41am

SYDNEY: The Australian and New Zealand dollars found some kind of footing on Thursday after three days of losses as...

Diners and doctors help UK economy to extend recovery

Published 13 Aug, 2021 04:44am

LONDON: Britain's economy grew by a faster-than-expected 1.0% in June, the first full month of indoor service for...

Two Australian cities eye end of virus lockdowns

Published 26 Jul, 2021 09:29am

Around half of Australia's 25 million largely unvaccinated residents are currently under stay-at-home orders

Cure for summertime blues: Europe gears up for tourists

Published 01 Jul, 2021 04:10am

European tourism has had its worst time in living memory as coronavirus lockdowns, curfews and hotel and restaurant...

China's factory prices soar in May but consumers avoid cost surge

Published 09 Jun, 2021 11:19am

Dong said Wednesday that "live pig production continued to recover and the pork supply continued to increase".

Asia gasoline refining margin lingers near a month’s low

Published 28 Apr, 2021 03:18am

SINGAPORE: Asia’s gasoline crack inched up on Tuesday, but still lingered close to its weakest level in a month,...

European new car sales jump 87% y/y in March

Published 16 Apr, 2021 11:01am

Sales at Volkswagen and Stellantis to the EU, Britain and the countries of the European Free Trade Association (EFTA), rose by 46% and 140% respectively, while Renault reported a rise of 70%.

Middle East Crude-Dubai rises ahead of OPEC+ meeting

Published 01 Apr, 2021 11:00am

OPEC+ has lowered its 2021 oil demand growth forecast by 300,000 barrels per day.

Stellantis to halt production at Italian car plant in April

Published 29 Mar, 2021 07:09pm

Production at the plant, where the world's fourth largest automaker makes Jeep Renegade and Compass models and the Fiat 500X compact SUV, has been repeatedly disrupted due to weak demand and semiconductor supply shortages.
The FIM CISL union said last week the firm was considering permanently closing one of its two production lines at the Melfi plant to address excess capacity in Italy.

Dollar holds gains on economic cheer, euro bounces but risks further decline

Published 26 Mar, 2021 11:12am

The Australian and New Zealand dollars rebounded from sharp losses earlier in the week.

Copper falls on Europe coronavirus lockdowns, firmer dollar

Published 24 Mar, 2021 12:51pm

Escalating tensions between China and the West, as well as potential US tax hikes also hit sentiment and led to investors buying into safe-haven dollar.

Australia, NZ dollars swept lower as markets re-think rate outlooks

Published 24 Mar, 2021 12:00pm

However, the conservative government has often ruled out any changes to taxes for investment in housing and is unlikely to follow New Zealand's example.

Brazil real up on hawkish Copom minutes, EM peers hit by strong dollar

Published 24 Mar, 2021 11:37am

Stocks in Sao Paulo, however, fell as airline shares came under pressure again. Shares in Azul SA and Gol Linhas Aereas Inteligentes SA fell 5% and 3% respectively.

Czech rate setters bide time before hitting start on rate hikes

Updated 16 Mar, 2021 10:02pm

"I still perceive greater risk that we start a premature tightening of monetary policy," board member Tomas Holub told daily Hospodarske Noviny in an interview released on Tuesday.
"For me, that is a greater risk than if we 'sleep in' a little versus what may perhaps seem as optimal looking back a year later."

Adidas pushes online sales and sustainability in five-year plan

Published 10 Mar, 2021 08:47pm

Adidas forecasts 2021 sales growth rate in mid-to-high teens.
Aims to double online sales by 2025.
Will take 200 mln euro hit from Reebok costs.
Shares up 3%.

Japan's Toyota, Honda can likely cope with global chip shortage: Fitch

Published 18 Feb, 2021 11:34am

"We believe the shortage should ease or even be resolved in the second half of 2021 as suppliers boost production for automotive clients," Fitch said.

Air pollution caused 160,000 deaths in big cities last year: NGO

Published 18 Feb, 2021 10:13am

Scientists say that massive drops in some pollutants due to lockdowns are bound to have prevented deaths.

Lockdown living helps PepsiCo through pandemic, vaccine paves path to growth

Published 11 Feb, 2021 05:30pm

Pepsi said its fourth-quarter revenue rose 8.8% to $22.46 billion, topping Wall Street estimates.
The increase in demand had last year led the company to launch a direct-to-consumer website that offered special flavors and specialized bundles of its top selling products.

Nintendo 9-month net profit nearly doubles, forecasts revised up

Published 01 Feb, 2021 02:14pm

Full-year sales now are projected at 1.6 trillion yen, compared with 1.4 trillion yen forecast in November.

Oil extends gains on hopes of US stimulus and crude stocks drawdown

Published 20 Jan, 2021 12:12pm

Germany on Tuesday extended a lockdown for most shops and schools for another two weeks, to Feb. 14.

IEA trims 2021 oil demand forecast

Published 19 Jan, 2021 03:03pm

Oil prices have risen in recent weeks on hopes the global economy will get back on track later this year.

Indonesia's Dec exports, imports beat f'casts, 2020 trade surplus highest in 9 years

Published 15 Jan, 2021 10:44am

Asked whether the momentum for trade recovery could continue, the statistics bureau chief Suhariyanto said fresh coronavirus lockdowns could affect shipments, although the roll out of vaccines would be positive for trade.

Australia job vacancies recover from pandemic shock to hit record

Published 13 Jan, 2021 11:00am

Vacancies in the private sector climbed 24.2%, from the August quarter, while the public sector saw a rise of almost 17%.

Saudi Aramco cuts Feb crude supply to some Asian refiners, sources say

Published 13 Jan, 2021 09:23am

Most OPEC+ producers will hold production steady in the face of new coronavirus lockdowns.

BR100
BR30
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KSE30
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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 4	159.92
USD to Swiss Franc / Jun 4	0.79
Pound Sterling to USD / Jun 4	1.34
Euro to USD / Jun 4	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
Nasdaq / Jun 3	26,853.97
Dow Jones / Jun 3	50,687.07
India Sensex / Jun 4	74,289.24
Tokyo Nikkei / Jun 4	67,399.25
Hang Seng / Jun 4	25,221.79
FTSE 100 / Jun 4	10,349.70
Germany DAX 30 / Jun 4	24,899.30
France CAC40 / Jun 4	8,185.81

Item	Value
Gold 10 Grams PKR / Jun 3	401,030
Crude Oil USD/Barrel / Jun 4	95.52
Gold Spot USD/Ounce / Jun 4	4,475.32
Cotton US¢/pound / Jun 4	80.34
Petrol/Litre / Jun 5	381.78
Diesel/Litre / Jun 5	380.78

Gainers
Losers
Leaders

Stock	Price
First Dawood Prop. / Jun 4 First Dawood Properties Limited(FDPL)	5.19 ▲ 0.62 (13.57%)
Azgard Nine (Non-Voti) / Jun 4 Azgard Nine (Non-Voti)(ANLNV)	8.40 ▲ 0.97 (13.06%)
Escorts Bank / Jun 4 Escorts Investment Bank Limited(ESBL)	13.59 ▲ 1.24 (10.04%)
First IBL Mod. / Jun 4 First IBL Modaraba(FIBLM)	11.41 ▲ 1.04 (10.03%)
Ruby Textile / Jun 4 Ruby Textile Mills Limited(RUBY)	18.67 ▲ 1.7 (10.02%)
Tri-Star Power / Jun 4 Tri-Star Power Limited(TSPL)	15.38 ▲ 1.4 (10.01%)
Ansari Sug. / Jun 4 Ansari Sugar Mills Limited(ANSM)	15.72 ▲ 1.43 (10.01%)
Grays Leasing / Jun 4 Grays Leasing Limited(GRYL)	22.98 ▲ 2.09 (10%)
Ideal Spinning / Jun 4 Ideal Spinning Mills Limited(IDSM)	79.73 ▲ 7.25 (10%)
Kohat Textile / Jun 4 Kohat Textile Mills Limited(KOHTM)	90.73 ▲ 8.25 (10%)

Stock	Price
Crescent Cotton / Jun 4 Crescent Cotton Mills Limited(CCM)	36.91 ▼ -2.69 (-6.79%)
Ghazi Fabrics / Jun 4 Ghazi Fabrics International Limited(GFIL)	32 ▼ -2.25 (-6.57%)
Shams Textile / Jun 4 Shams Textile Mills Limited(STML)	39.03 ▼ -2.58 (-6.2%)
Aisha Steel(ConPS) / Jun 4 Aisha Steel(ConPS)(ASLPS)	28.06 ▼ -1.72 (-5.78%)
Ashfaq Textile / Jun 4 Ashfaq Textile Mills Limited(ASHT)	33.25 ▼ -1.89 (-5.38%)
Mughal Energy / Jun 4 Mughal Energy Limited(GEM)(GEMMEL)	21.30 ▼ -1.18 (-5.25%)
Shadman Cotton / Jun 4 Shadman Cotton Mills Limited(SHCM)	47.43 ▼ -2.45 (-4.91%)
Premier Sugar / Jun 4 The Premier Sugar Mills(PMRS)	423.01 ▼ -20.78 (-4.68%)
Gulistan Sp. / Jun 4 Gulistan Spinning Mills Limited(GUSM)	7.06 ▼ -0.32 (-4.34%)
First AL-Noor Mod. / Jun 4 First Al-Noor Modaraba(FANM)	6.60 ▼ -0.28 (-4.07%)

Stock	Volume
Beco Steel Ltd / Jun 4 Beco Steel Limited(BECO)	112,742,147 ▲ 0.26
Pak Int.Bulk / Jun 4 Pakistan International Bulk Terminal(PIBTL)	32,085,063 ▲ 0.65
WorldCall Telecom / Jun 4 Worldcall Telecom Limited(WTL)	30,602,865 ▼ -0.01
Hascol Petrol / Jun 4 Hascol Petroleum Limited(HASCOL)	29,547,446 ▲ 0.88
TPL Properties / Jun 4 TPL Properties Limited(TPLP)	22,915,829 ▲ 0.56
P.T.C.L. / Jun 4 Pakistan Telecommunication Company Ltd(PTC)	21,952,752 ▲ 2.38
Dewan Cement / Jun 4 Dewan Cement Limited(DCL)	21,604,812 ▲ 0.03
Kohinoor Spinning / Jun 4 Kohinoor Spinning Mills Limited(KOSM)	20,173,269 ▼ -0.13
Maple Leaf Cement / Jun 4 Maple Leaf Cement Factory Limited(MLCF)	18,998,070 ▲ 1.39
B.O.Punjab / Jun 4 The Bank of Punjab(BOP)	18,802,886 ▲ 0.24

coronavirus lockdowns

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