Trends - EU - Business Recorder

EU

UN chief delays travel to try to bring Russia back into grain deal

KYIV/NEW YORK: The head of the United Nations said he was “deeply concerned” by Russia’s decision to suspend...

Published 31 Oct, 2022 05:55am

Pakistan

Euro Village 2022 gala: Tetra Pak reiterates commitment to protecting environment

ISLAMABAD: Tetra Pak asserted its commitment towards sustainability and ensuring a greener environment at the Euro...

Published 31 Oct, 2022 05:55am

Pakistan

Pakistan must ratify 5 conventions for continuity of GSP-Plus status: EU envoy

FAISALABAD: The European Union’s ambassador to Pakistan, Dr Riina Kionka, has said that EU-Pakistan relations have...

Published 28 Oct, 2022 07:26am

Pakistan

Pakistan’s GSP Plus status to be reviewed in Dec 2023: EU envoy for effective implementation of 27 int’l conventions

LAHORE: Ambassador of the European Union Dr Riina Kionka has called for effective implementation of the 27...

Published 27 Oct, 2022 07:17am

Opinion

Behind facade of unity, Franco-German relations falter as crises mount

When Germany unveiled a 200 billion euro ($200 billion) package to shield its industry and consumers from soaring...

Published 27 Oct, 2022 05:54am

Opinion

Targeted energy support in EU is easier said than done

European Union governments have pledged “targeted and temporary” support against high energy prices for...

Published 17 Oct, 2022 05:57am

Putin moots gas hub in Turkey with Nord Stream supplies

MOSCOW: President Vladimir Putin said on Wednesday that Russia could redirect supplies intended for the damaged Nord...

Updated 13 Oct, 2022 09:43am

Markets

Front-month 180-cst HSFO crack slumps to record low

SINGAPORE: The front-month crack for 180-cst high sulphur fuel oil (HSFO) slumped to a record low on Monday, as more...

Published 11 Oct, 2022 07:09am

Markets

Scholz defends German energy plan against EU critics

BERLIN: Chancellor Olaf Scholz on Tuesday pushed back against European criticism of Germany’s 200-billion-euro...

Published 05 Oct, 2022 07:38am

Business & Finance

EU adds 3 countries to its tax havens list

BRUSSELS: European Union finance ministers on Tuesday added Anguilla, the Bahamas and Turks and Caicos Islands to ...

Published 05 Oct, 2022 05:49am

Pakistan, EU agree on multifaceted uplift agenda

ISLAMABAD: Pakistan and the European Union agreed on multifaceted development cooperation agenda in a number of...

Updated 29 Sep, 2022 09:46am

Flood damage reassessed at $30bn

ISLAMABAD: The Ministry of Planning, Development and Special Initiatives Secretary Syed Zafar Ali Shah Thursday said...

Updated 23 Sep, 2022 09:54am

Pakistan

UN urges EU to come forward

ISLAMABAD: The United Nations announced Wednesday that it is going to revise its flash appeal in light of the dire...

Published 22 Sep, 2022 05:48am

Bankers wary of backlash if Britain ditches bonus cap to cut EU ties

LONDON: Scrapping a cap on banker bonuses would be the strongest signal yet that Britain’s new Prime Minister ...

Published 16 Sep, 2022 06:04am

World

EU’s Michel tells Armenia’s PM Brussels ready to help prevent escalation with Azerbaijan

Armenia’s Prime Minister Nikol Pashinyan discussed the escalation in tensions on the Armenian-Azerbaijani border...

Published 13 Sep, 2022 01:03pm

Business & Finance

Rocketing energy prices hit as Europe debates gas price cap

LONDON/PARIS: Europe felt the chill of soaring energy prices on Monday, with France saying it could not foot all of...

Published 13 Sep, 2022 06:12am

World

Syrian refugees in Turkey plan caravan to reach EU

ISTANBUL: A group of Syrian refugees in Turkey is planning to form a caravan to reach the European Union, organisers...

Published 11 Sep, 2022 01:59pm

World

EU seeks to ban products made with forced labour

BRUSSELS: Products made with forced labour or those imported into the 27-country European Union will be banned under...

Published 10 Sep, 2022 04:14am

EU ready if Russia turns off gas supplies: Gentiloni

CERNOBBIO: EU Economy Commissioner Paolo Gentiloni said Saturday that the European Union was “well prepared” in...

Updated 04 Sep, 2022 09:09am

Opinion

As crisis bites, Spain pushes to become EU energy hub

With Europe facing a major energy crisis, Spain wants to become the new gateway for gas through an ambitious...

Published 30 Aug, 2022 06:21am

Opinion

Energy crisis pushes nuclear comeback worldwide

As the costs of importing energy soars worldwide and climate crises wreak havoc, interest in nuclear power is on the...

Published 28 Aug, 2022 06:10am

Markets

EU 2022/23 soft wheat exports at 3.75MT

PARIS: Soft wheat exports from the European Union so far in the 2022/23 season that began on July 1 had reached 3.75...

Published 23 Aug, 2022 05:56am

World

EU says Iran nuclear deal meeting possible ‘this week’

MADRID: A possible meeting on resurrecting the Iran nuclear deal could be held “this week” after Tehran submitted...

Published 22 Aug, 2022 07:04pm

EU fiscal oversight of Greece ends after 12 years

ATHENS: Greece on Saturday concluded 12 years of European Union fiscal surveillance that was imposed in return for...

Published 21 Aug, 2022 05:16am

Opinion

Iranian nuclear deal limbo may serve interests of both US and Iran

Whether or not Tehran and Washington accept a European Union “final” offer to revive the 2015 Iran nuclear deal,...

Published 16 Aug, 2022 03:59am

Business & Finance

Matching grants disbursed to agri-based SMEs

KARACHI: As part of promoting agri-business in Sindh for overall economic development of the province, Growth for...

Published 16 Aug, 2022 03:59am

Markets

Russia starts delivering extra gas to Hungary: Budapest

BUDAPEST: Hungary said Saturday that Russia has started delivering additional gas to the EU member following a July...

Published 14 Aug, 2022 06:40am

Editorials

Playing with a loaded gun

EDITORIAL: “The humanity is playing with a loaded gun,” the United Nations (UN) Secretary General Antonio...

Published 14 Aug, 2022 05:46am

Pakistan

Pakistan-EU sustained high-level exchanges important for stronger partnership: PM Shehbaz

Premier says Pakistan attaches high importance to its relations with the EU

Published 11 Aug, 2022 05:49pm

World

EU expects decision ‘very quickly’ on Iran deal

BRUSSELS: The EU said Tuesday it expects Tehran and Washington to “very quickly” respond to a “final” text aimed at...

Published 09 Aug, 2022 06:11pm

Gainers
Losers
Leaders

Stock	Price
Chakwal Spinning / Dec 12 Chakwal Spinning Mills Limited(CWSM)	3.35 ▲ 1.00 (42.55%)
First Elite Cap.Mod / Dec 12 First Elite Capital Modaraba(FECM)	5.99 ▲ 0.99 (19.80%)
Kohinoor Spining / Dec 12 Kohinoor Spinning Mills Limited(KOSM)	4.80 ▲ 0.61 (14.56%)
Dar-es-Salaam / Dec 12 Dar-es-Salaam Textile Mills Limited(DSML)	8.49 ▲ 1.00 (13.35%)
Silk Bank Ltd / Dec 12 Silkbank Limited(SILK)	1.24 ▲ 0.14 (12.73%)
Nazir Cotton Mills / Dec 12 Nazir Cotton Mills Limited(NCML)	4.24 ▲ 0.44 (11.58%)
Pace (Pak) Ltd. / Dec 12 Pace (Pakistan) Limited(PACE)	2.85 ▲ 0.29 (11.33%)
Samba Bank / Dec 12 Samba Bank Limited(SBL)	9.93 ▲ 1.00 (11.20%)
Alfalah ETF. / Dec 12 Alfalah Consumer Index ETF.(ACIETF)	12 ▲ 1.01 (9.19%)
Trust Mod. / Dec 12 Trust Modaraba(TRSM)	2.17 ▲ 0.17 (8.50%)

Stock	Price
Sec. Inv. Bank / Dec 12 Security Investment Bank Limited(SIBL)	4.89 ▼ -0.85 (-14.81%)
Next Capital / Dec 12 Next Capital Limited(NEXT)	6 ▼ -0.60 (-9.09%)
Redco Textile / Dec 12 Redco Textiles Limited(REDCO)	6.23 ▼ -0.57 (-8.38%)
Asim Textile / Dec 12 Asim Textile Mills Limited(ASTM)	11.50 ▼ -0.98 (-7.85%)
Crescent Fib. / Dec 12 Crescent Fibres Limited(CFL)	74.02 ▼ -6.00 (-7.50%)
Dadex Eternit / Dec 12 Dadex Eternit Limited(DADX)	45.73 ▼ -3.71 (-7.50%)
J.A.Textile / Dec 12 J.A. Textile Mills Limited(JATM)	46.64 ▼ -3.78 (-7.50%)
Reliance Cotton / Dec 12 Reliance Cotton Spinning Mills Limited(RCML)	629 ▼ -51.00 (-7.50%)
Sunrays Textile / Dec 12 Sunrays Textile Mills Limited(SUTM)	111 ▼ -9.00 (-7.50%)
Masood Textile / Dec 12 Masood Textile Mills Limited(MSOT)	53.20 ▼ -4.30 (-7.48%)

Stock	Volume
K-Electric Ltd. / Dec 12 K-Electric Limited(KEL)	342,535,258 ▲ 0.05
WorldCall Telecom / Dec 12 Worldcall Telecom Limited(WTL)	98,557,282 ▲ 0.05
Kohinoor Spining / Dec 12 Kohinoor Spinning Mills Limited(KOSM)	65,177,500 ▲ 0.61
P.T.C.L. / Dec 12 Pakistan Telecommunication Company Ltd(PTC)	63,595,500 ▲ 0.45
Askari Bank / Dec 12 Askari Bank Limited(AKBL)	57,594,500 ▲ 0.57
Hascol Petrol / Dec 12 Hascol Petroleum Limited(HASCOL)	54,822,000 ▲ 0.57
Fauji Foods Ltd / Dec 12 Fauji Foods Limited(FFL)	47,998,197 ▲ 0.10
Cnergyico PK / Dec 12 Cnergyico PK Limited(CNERGY)	46,684,647 ▼ -0.16
Pak Refinery / Dec 12 Pakistan Refinery Limited(PRL)	41,814,767 ▼ -1.64
Telecard Limited / Dec 12 Telecard Limited(TELE)	37,055,844 ▲ 0.37

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 11	284.32
USD PKR Interbank Buying / Dec 11	283.77
USD to Japanese Yen / Dec 11	145.58
USD to Swiss Franc / Dec 11	0.88
Pound Sterling to USD / Dec 11	1.25
Euro to USD / Dec 11	1.08
UK LIBOR % / Dec 8	5.48

Stock	Volume
S&P 500 / Dec 8	4604.37
Nasdaq / Dec 8	14403.97
Dow Jones / Dec 8	36247.87
India Sensex / Dec 11	69967.53
Tokyo Nikkei / Dec 11	32791.80
Hang Seng / Dec 11	16156.22
FTSE 100 / Dec 11	7549.32
Germany DAX 30 / Dec 11	16771.35
France CAC40 / Dec 11	7538.69

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 8	17235
Gold 10 Grams PKR / Dec 8	187414
Crude Oil USD/Barrel / Dec 11	71.63
Gold Spot USD/Ounce / Dec 11	1996.45
Cotton US¢/pound / Dec 11	82.25

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