Trends - Daniel Briesemann - Business Recorder

Daniel Briesemann

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

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

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

Zinc surges 5pc as power prices prompt Nyrstar to cut output

LONDON: Zinc and aluminium prices stormed to fresh peaks on Wednesday as a power crisis sparked cuts in smelter...

Published 14 Oct, 2021 04:14am

Markets

Gold firms in Europe

AMSTERDAM: Gold prices edged higher on Tuesday drawing strength from rising inflation fears that has rattled...

Published 13 Oct, 2021 04:47am

Markets

Copper falls as cautious investors await Powell speech

LONDON: Prices of copper and other industrial metals slipped on Thursday as global stock markets wobbled ahead of a...

Published 27 Aug, 2021 04:52am

Markets

Copper rises as Fed spreads bullish mood through markets

Benchmark copper on the London Metal Exchange (LME) was up 1.3pc at $9,816 a tonne at 1603 GMT, near a record high of $10,747.50 reached in May.

Published 29 Jul, 2021 10:47pm

Markets

Copper climbs to 6-week high on floods in top buyer China

LONDON: Copper prices rose on Monday as floods in top consumer China sparked demand hopes at a time when inventories...

Published 27 Jul, 2021 04:40am

Markets

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

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 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

US midday: Gold edges higher

NEW YORK: Gold prices rose on Wednesday, hovering below a near five-month peak hit the previous session, as US...

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

Copper steadies above $9,000 a tonne

LONDON: Copper prices traded comfortably above $9,000 a tonne on Tuesday, snapping two days of losses and building...

Published 03 Mar, 2021 05:49am

Markets

US MIDDAY: Gold dips

NEW YORK: Gold fell 1% on Thursday, as the dollar halted its slide, while platinum also eased in choppy trading ...

Updated 12 Feb, 2021 11:48pm

Markets

Platinum hovers near 6-year peak in Europe

• Gold listless, silver up 0.6pc LONDON/ROTTERDAM: Platinum extended its gains into a fifth straight session on...

Updated 12 Feb, 2021 11:47pm

Markets

Copper rises to one-month high

LONDON: Copper hit a one-month high on Tuesday due to a weaker dollar, optimism over a $1.9 trillion stimulus ...

Published 10 Feb, 2021 04:12am

Markets

Tin prices slip from multi-year high

LONDON: Tin prices fell on Thursday but remained near their highest since 2014 because of an acute shortage of...

Updated 05 Feb, 2021 11:47pm

Markets

Dollar lifts copper as rally loses momentum

LONDON: Copper rose on Tuesday as the dollar weakened, making metals cheaper for buyers outside the United States,...

Published 27 Jan, 2021 04:59am

Markets

Copper heads towards eight-year high on demand hopes and inventories

The metal used widely in the power and construction industries hit $7,973.50 last Friday, its highest since February 2013.

Published 16 Dec, 2020 06:35pm

Markets

China data and vaccine optimism lifts copper price

Benchmark three-month copper on the London Metal Exchange (LME) added 0.3pc to $7,777 per tonne by 1210 GMT.

Published 15 Dec, 2020 07:03pm

Markets

Gold gains as COVID-19 cases fuel stimulus expectations

Spot gold was up 0.9pc to $1,844.10 per ounce by 1255 GMT, while U.S. gold futures rose 0.9pc to $1,848.70.

Published 15 Dec, 2020 06:43pm

Gainers
Losers
Leaders

Stock	Price
Elite Cap.Mod / Aug 11 First Elite Capital Modaraba(FECM)	3.50 ▲ 0.51 (17.06%)
First Fidelity Leas. / Aug 11 First Fidelity Leasing Modaraba(FFLM)	2.70 ▲ 0.35 (14.89%)
Saritow Spinning / Aug 11 Saritow Spinning Mills Limited(SSML)	8.50 ▲ 1.00 (13.33%)
United Insurance / Aug 11 The United Insurance Company(UNIC)	9.13 ▲ 1.00 (12.30%)
Pace (Pak) Ltd. / Aug 11 Pace (Pakistan) Limited(PACE)	3.35 ▲ 0.34 (11.30%)
First Pak Mod. / Aug 11 First Pak Modaraba(PAKMI)	2.60 ▲ 0.24 (10.17%)
Shadman Cotton / Aug 11 Shadman Cotton Mills Limited(SHCM)	11.00 ▲ 1.00 (10.00%)
Popular Islamic / Aug 11 Popular Islamic Modaraba(PIM)	10.35 ▲ 0.85 (8.95%)
Service Textile / Aug 11 Service Industries Textiles Limited(SERT)	9.75 ▲ 0.74 (8.21%)
Escorts Bank / Aug 11 Escorts Investment Bank Limited(ESBL)	6.48 ▲ 0.49 (8.18%)

Stock	Price
Pak Gulf Leasing / Aug 11 Pak-Gulf Leasing Company Limited(PGLC)	5.30 ▲ -0.81 (-13.26%)
Shaheen Ins. / Aug 11 Shaheen Insurance Company Limited(SHNI)	3.20 ▲ -0.38 (-10.61%)
Aruj Industries / Aug 11 Aruj Industries Limited(ARUJ)	11.81 ▲ -0.99 (-7.73%)
Baba Farid / Aug 11 Baba Farid Sugar Mills Limited(BAFS)	40.79 ▲ -3.31 (-7.51%)
Ellcot Spinning / Aug 11 Ellcot Spinning Mills Limited(ELSM)	148.00 ▲ -12.00 (-7.50%)
AKD Securities / Aug 11 AKD Securities Limited(AKDSL)	31.93 ▲ -2.58 (-7.48%)
Supernet Ltd. / Aug 11 Supernet Limited(GEMSPNL)	13.15 ▲ -1.05 (-7.39%)
Punjab Oil / Aug 11 Punjab Oil Mills Limited(POML)	160.12 ▲ -12.78 (-7.39%)
Dewan Sugar / Aug 11 Dewan Sugar Mills Limited(DWSM)	2.15 ▲ -0.17 (-7.33%)
Habib Rice Products / Aug 11 Habib Rice Product Limited(HRPL)	34.51 ▲ -2.69 (-7.23%)

Stock	Volume
Unity Foods Ltd / Aug 11 Unity Foods Limited(UNITY)	19,595,177 ▼ 0.00
K-Electric Ltd. / Aug 11 K-Electric Limited(KEL)	19,236,500 ▼ 0.00
WorldCall Telecom / Aug 11 Worldcall Telecom Limited(WTL)	18,373,500 ▼ 0.00
Cnergyico PK / Aug 11 Cnergyico PK Limited(CNERGY)	16,954,001 ▼ 0.00
Ghani Glo Hol / Aug 11 Ghani Global Holdings Limited(GGL)	14,496,333 ▼ 0.00
Pace (Pak) Ltd. / Aug 11 Pace (Pakistan) Limited(PACE)	13,199,000 ▼ 0.00
Pak Refinery / Aug 11 Pakistan Refinery Limited(PRL)	11,893,662 ▼ 0.00
TPL Properties / Aug 11 TPL Properties Limited(TPLP)	9,570,852 ▼ 0.00
Fauji Foods Ltd / Aug 11 Fauji Foods Limited(FFL)	9,027,042 ▼ 0.00
Balochistan Glass / Aug 11 Balochistan Glass Limited(BGL)	8,434,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 10	222.50
USD PKR Interbank Buying / Aug 10	221.50
USD to Japanese Yen / Aug 10	132.86
USD to Swiss Franc / Aug 10	0.94
Pound Sterling to USD / Aug 10	1.22
Euro to USD / Aug 10	1.03
UK LIBOR % / Aug 10	2.32

Stock	Volume
S&P 500 / Aug 10	4210.24
India Sensex / Aug 10	58817.29
Tokyo Nikkei / Aug 10	27819.33
Nasdaq / Aug 10	12854.80
Hang Seng / Aug 10	19610.84
FTSE 100 / Aug 10	7507.11
Dow Jones / Aug 10	33309.51
Germany DAX 30 / Aug 10	13700.93
France CAC40 / Aug 10	6523.44

Item	Value
Crude Oil USD/Barrel / Aug 10	91.33
Karachi Cotton PKR/37.32 KG / Aug 10	17235.00
Gold 10 Grams PKR / Aug 10	128500.00
Gold Spot USD/Ounce / Aug 10	1790.68
Cotton US¢/pound / Aug 10	100.94

Daniel Briesemann

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