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THE RUPEE: Upward trend

KARACHI: After market close on Thursday, Pakistan Rupee continued its upward trend against US Dollar in both...

Published 29 Jan, 2021 04:55am

Markets

Dollar steadies; euro hurt by vaccine delays and German business morale slump

It then recovered some losses after European markets opened, and was at 90.224 against a basket of currencies.
For now at least, the optimism that we're hoping for has been somewhat delayed and that has taken a little bit of steam out of the euro.

Published 25 Jan, 2021 06:30pm

Markets

Dollar edges up after 3-day losing streak as risk rally pauses

Dollar pares gains after upbeat US data.
Aussie and Kiwi dollar fall.
Dollar gains vs yen after dour Japanese data.

Published 22 Jan, 2021 09:21pm

Markets

Russian rouble edges up on US stimulus hopes, rising oil

The rouble had pared early gains and was 0.2% stronger against the dollar at 73.57. It had gained 0.2% to trade at 89.12 versus the euro.
Yellen, at her confirmation hearing on Tuesday, said the benefits of a big stimulus package were greater than the expense of a higher debt burden.

Published 20 Jan, 2021 06:32pm

Markets

Sterling rises above $1.37 for first time since 2018; UK inflation rises

The dollar weakened against major currencies for the third straight session.
Versus the euro, the pound hit a five-month high of 88.38 pence per euro, before easing to 88.51.

Published 20 Jan, 2021 06:09pm

Markets

Latam currencies rise ahead of Yellen speech

Brazilian real outperforms Latam peers.
Investors await Yellen speech at 10 a.m. ET.
Mexican economy likely shrank 5.4% y/y in Dec.

Published 19 Jan, 2021 10:03pm

Markets

Dollar slides as investors look to Yellen comments on stimulus

Dollar weakens vs most currencies.
Yellen to testify at Senate Finance Committee.
Euro, Aussie dollar gain.

Published 19 Jan, 2021 10:01pm

Markets

Dollar at 1-month highs as markets eye Biden's FX policy; euro slips

With US markets shut for a holiday on Monday and Joe Biden set to be inaugurated as the next US president on Wednesday.
"I would expect differences in fiscal stimulus to be a driving force for relative performance of currencies this year as it is directly linked to the economic recovery story.

Published 18 Jan, 2021 04:48pm

Markets

Pound knocked by sour market mood, but set for weekly gain

Sterling was still on track for its best week against the euro since early April.
the pound touched an almost two-month high against the euro, after data showed Britain's economy shrank 2.6% in November.

Published 15 Jan, 2021 09:13pm

Markets

Canadian dollar slides as Chinese lockdowns weigh on sentiment

Canadian dollar falls 0.7% against the greenback.
Price of US oil decreases 1.6%.
Canadian home sales rise 7.2% in December from November.
Canadian bond yields ease across much of a flatter curve.

Published 15 Jan, 2021 08:56pm

Markets

Dollar rises for second day as markets look to Biden's stimulus plan

Biden to give details of 'trillions' in spending Thursday.
Bitcoin rises, eyeing $40,000 again.

Published 14 Jan, 2021 08:18pm

Markets

Kenya shilling seen easing next week, Tanzania's stable

Kenya's shilling is expected to weaken, undermined by increased dollar demand from various sectors, and little inflows.
"The pressure remains. Banks are generally short (of dollars)."

Published 14 Jan, 2021 08:08pm

Markets

Dollar holds gains as markets await Biden's stimulus plan

Biden to give details of "trillions" in spending Thursday.
Many analysts still expect dollar to resume declines.

Published 14 Jan, 2021 08:05pm

Markets

Zloty eases after Polish central bank keeps rates steady

The zloty eased after the bank's comments, moving away from the 4.52 mark it had been at for most of the day.
In line with our expectations, there was no change in interest rates.

Published 13 Jan, 2021 09:04pm

Markets

Latam FX subdued as dollar strengthens; Chilean peso tumbles

Chilean peso falls for third straight day.
Brazilian real steadies after previous session's surge.
Petrobras CEO denies claims of 'predatory' fuel pricing policy.

Published 13 Jan, 2021 08:40pm

Markets

Currencies nearly flat ahead of Polish central bank rate decision

The zloty was little changed, edging up 0.1% to 4.5245 per euro.
"Until the decision is published, volatility in the domestic market should remain limited," Bank Millenium wrote in a note.

Published 13 Jan, 2021 06:30pm

Markets

Canadian dollar recovers from near 2-week low as oil climbs

Canadian dollar strengthens 0.2% against the greenback.
Loonie trades in a range of 1.2732 to 1.2791.
Price of US oil increases 1%.
Canada's 10-year yield touches its highest since March.

Published 12 Jan, 2021 08:42pm

Markets

Canadian dollar falls by most in 7 months on pandemic lockdown fears

Canadian dollar weakens 1.1% against the greenback.
Loonie touches weakest level since Dec. 29 at 1.2835.
Price of US oil falls more than 1%.
Canada's 10-year yield touches nine-month high intraday.

Published 11 Jan, 2021 09:17pm

Markets

Dollar extends rebound as US yields climb

US President-elect Joe Biden, who takes office on Jan. 20 with Democrats able to control both houses of Congress.
US government bond yields have logged big moves in recent sessions, with the Treasury yield curve experiencing a significant increase in yields in longer-dated bonds.

Published 11 Jan, 2021 08:57pm

Markets

Euro falls to three-week lows as US yields climb

President-elect Joe Biden, who takes office on Jan. 20 with Democrats able to control both houses of Congress, has promised "trillions" in extra pandemic-relief spending.
As a result, the euro fell 0.5% to $1.2155, its lowest since Dec. 21, down nearly 2% from a high of $1.2349 last week.

Published 11 Jan, 2021 05:35pm

Markets

Pound climbs against weaker euro, gains seen as temporary

Markets are pricing sub-zero rates from Britain's central bank as early as May 2021.
Euro-sterling remains above the 0.90 (pence) level as the build-up of rate cut expectations (following the third lockdown) offsets the positive effect of the UK-EU trade deal

Published 08 Jan, 2021 09:34pm

Markets

Dollar retreats from weekly high after US jobs report

Dollar softens after weak payrolls report.
Additional fiscal stimulus expected.

Published 08 Jan, 2021 09:16pm

Markets

Canadian dollar adds to weekly gain as oil climbs

Canadian dollar rises 0.1% against the greenback.
Canada sheds 63,000 jobs in December.
For the week, the loonie was on track to gain 0.4%.
Price of US oil increases 1.8%.

Updated 08 Jan, 2021 08:03pm

Markets

Dollar holds above 2018 lows ahead of US jobs report

The greenback bounced off a nearly three-year low on Thursday as a rise in US yields triggered some unwinding of bearish bets on the currency.
I think once this euphoria dies down, the dollar is likely to resume its downtrend trend, because I don't think the Fed will be so eager to taper.

Published 08 Jan, 2021 06:48pm

Markets

Dollar bounces off March 2018 low as Georgia elections wind down

Dollar index hits lowest since March 2018.
Euro hits new 2018 high versus dollar.
Bitcoin trades above $35,000.

Published 06 Jan, 2021 09:30pm

Markets

Canadian dollar loses some ground as greenback rebounds

Canadian dollar weakens 0.3% against the greenback.
Loonie had touched strongest since April 2018 at 1.2630.
Price of US oil increases 0.2%.
Canada's 10-year yield touches a three-week high at 0.767%.

Published 06 Jan, 2021 08:45pm

Markets

Dollar hits lowest since March 2018 on Democrat gains in US senate election

Dollar index hits lowest since April 2018.
Euro hits new 2018 high versus dollar.
Bitcoin trades above $35,000.

Published 06 Jan, 2021 07:21pm

Markets

Dollar dips as yuan fix lifts risk currencies, Georgia elections eyed

Dollar dips, Georgia elections in focus.
Yuan official rate fixed at highest level in 30 months.
Aussie dollar gains.

Published 05 Jan, 2021 09:20pm

Markets

Canadian dollar firms along with higher oil prices

Canadian dollar rises 0.2% against the greenback.
Loonie trades in a range of 1.2730 to 1.2791.
Price of US oil increases 1.4%.
Canadian bond yields move higher across a steeper curve.

Published 05 Jan, 2021 09:00pm

Markets

Sterling struggles to regain 2-1/2-year peak as new lockdown weighs

Prime Minister Boris Johnson ordered England into another national lockdown to contain a surge in COVID-19 cases.
The expected hit to the economy heaped expectations on the Bank of England to announce more policy easing.

Published 05 Jan, 2021 08:37pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	156.17
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 25	5048.42
Nasdaq / Apr 25	15611.76
Dow Jones / Apr 25	38085.80
India Sensex / Apr 26	74171.68
Tokyo Nikkei / Apr 26	37934.72
Hang Seng / Apr 26	17626.75
FTSE 100 / Apr 26	8123.98
Germany DAX 30 / Apr 26	18016.27

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 25	20535
Gold 10 Grams PKR / Apr 25	240900
Petrol/Litre / Apr 26	293.94
Crude Oil USD/Barrel / Apr 26	83.89
Gold Spot USD/Ounce / Apr 26	2336.33
Diesel/Litre / Apr 26	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 26 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 26 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 26 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 26 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 26 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 26 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 26 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 26 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 26 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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