Trends - EU - Business Recorder

EU

Iran says indirect talks with US proceeding in ‘serious’ atmosphere

DUBAI: Iran’s foreign ministry said indirect, EU-mediated talks between Tehran and Washington in the Qatari ...

Published 30 Jun, 2022 07:46am

Markets

EU wheat rebounds from three-month lows on broader rally

PARIS: European wheat rose on Tuesday tracking US futures in Chicago and buoyed by wider gains in financial markets...

Published 29 Jun, 2022 05:44am

Technology

Google hit with antitrust complaint by Danish job search rival

BRUSSELS: Google was hit with an antitrust complaint on Monday after Danish online job-search rival Jobindex took ...

Published 28 Jun, 2022 06:10am

World

Qatar to host indirect Iran-US talks on reviving 2015 nuclear deal

DUBAI: Qatar will host indirect talks between Iran and the United States in coming days, Iranian media reported on...

Published 28 Jun, 2022 06:10am

Markets

Greece looks to neighbour Italy for gas storage

ATHENS: Greece has been in talks with Italy to see whether it can store gas in the neighbouring country as part of...

Published 28 Jun, 2022 06:10am

Business & Finance

French borrowing at ‘danger level’, says finance minister

PARIS: France’s borrowing has a reached a “danger level”, Finance Minister Bruno Le Maire said on Monday amid...

Published 28 Jun, 2022 06:10am

World

Russia steps up missile strikes on Ukraine

KYIV/POKROVSK, (Ukraine): Russian missiles hit an apartment block and kindergarten in the Ukrainian capital Kyiv on...

Published 27 Jun, 2022 07:48am

Biden urges G7 to stay together as leaders target Russian gold

SCHLOSS ELMAU, (Germany): US President Joe Biden told allies “we have to stay together” against Russia on Sunday...

Updated 27 Jun, 2022 09:37am

Opinion

Economic colonialism

European historians, with their own sense of bias, which on occasions reaches its zenith, to convert into prejudice,...

Published 26 Jun, 2022 05:44am

World

Top EU diplomat heads to Tehran to revive nuclear deal

BRUSSELS: European Union foreign policy chief Josep Borrell will travel to Iran on Friday to try to urge Tehran to...

Published 25 Jun, 2022 04:42am

GSP Plus: EU mission meets APTMA team

LAHORE: The European Union’s (EU) Generalized System of Preferences plus (GSP Plus) Monitoring Mission has...

Updated 25 Jun, 2022 09:53am

Business & Finance

Five countries seek to delay EU fossil fuel car phase-out

BRUSSELS: Italy, Portugal, Slovakia, Bulgaria and Romania want to delay a European Union plan to effectively ban the...

Published 25 Jun, 2022 04:42am

World

Ukraine, in symbolic move, files European court case against Russia

KIEV: Ukraine, in a symbolic move, on Thursday said it had formally filed a case against Russia at the European ...

Published 24 Jun, 2022 07:18am

Opinion

Will Fed chicken out of rate hike?

You can bet that US President Joe Biden expected better news out of Nato than its secretary-general Jens Stoltenberg...

Published 23 Jun, 2022 06:05am

Russia putting world in danger of famine, warns EU

BRUSSELS: Russia is putting the world at risk of famine through its blockade of Ukraine’s shipments of grains and...

Published 19 Jun, 2022 06:06am

Markets

EU, Israel and Egypt sign deal to boost East Med gas exports to Europe

CAIRO: Israel and Egypt will aim to boost natural gas exports to Europe under a memorandum of understanding (MoU)...

Published 16 Jun, 2022 08:10am

Markets

Europe imports more South African coal as Russian ban looms

JOHANNESBURG: European countries, scrambling to secure alternatives to Russian coal, imported 40% more coal from...

Published 16 Jun, 2022 07:35am

Markets

Facing gas ‘blackmail’ by Russia, EU turns to Israel

BEERSHEBA, (Israel): The European Union wants to strengthen its energy cooperation with Israel in light of ...

Published 15 Jun, 2022 08:22am

Russia earns $98bn from fuel exports in 100 days of Ukraine war: report

PARIS: Russia earned 93 billion euros ($98 billion) from fossil fuel exports during the first 100 days of its war in...

Published 14 Jun, 2022 07:18am

FATF: German envoy optimistic about Pakistan’s prospects

ISLAMABAD: Pakistan is expected to be clear from the FATF grey list this year and the GSP plus status is likely to ...

Updated 13 Jun, 2022 09:39am

World

Ukraine to get word on EU hopes next week

KYIV: Ukraine’s bid to become a candidate to join the EU will get a clear signal next week, the bloc’s chief...

Published 12 Jun, 2022 08:24am

Editorials

Icebreaking visit of German FM

EDITORIAL: Former prime minister Imran Khan’s arrival in Moscow an hour before Russia’s invasion of Ukraine was ...

Published 10 Jun, 2022 06:16am

World

Macron draws new wave of criticism over Russia comments

PARIS: French President Emmanuel Macron has sparked a new wave of criticism and incomprehension over his calls to...

Published 07 Jun, 2022 06:54am

Business & Finance

EU electric car adventurers should plan carefully

PARIS: With summer holidays looming, Europe’s electric car owners may be wondering whether to risk taking their...

Published 06 Jun, 2022 05:57am

Pakistan

EU urged to initiate on-budget projects

ISLAMABAD: Pakistan has conveyed its desire to the European Union (EU) for initiating on-budget projects with ...

Published 05 Jun, 2022 06:19am

Opinion

Historical and socio-cultural antecedents: Russo-Ukrainian war (2022) — I

Russia attacked neighboring Ukraine on 24 February 2022 after prolonged concentration of forces on Ukraine borders....

Published 05 Jun, 2022 05:54am

World

EU bans most Russian oil, sanctions alleged Putin girlfriend

BRUSSELS: The EU formally adopted a ban on most Russian oil imports on Friday, hitting Moscow with its toughest...

Published 04 Jun, 2022 04:18am

Opinion

War, hunger, Covid-19 cast gloomy shadow over Europe

Since Russia’s invasion of Ukraine, the list of Europe’s woes keeps growing as it battles rising food and energy...

Published 03 Jun, 2022 05:56am

From Moody's to Miftah: in case you missed Thursday's developments, here is a rundown

Pakistan's economy has been the centre of attention for several months with inflation readings, hike in interest...

Published 03 Jun, 2022 12:50am

Perspectives

Oil prices: the biggest tail-risk for Pakistan’s economy

A tail-risk is an event that has an extremely low probability of occurring but when it does, the loss is severe and...

Published 01 Jun, 2022 07:22pm

Gainers
Losers
Leaders

Stock	Price
Chakwal Spinning / Dec 11 Chakwal Spinning Mills Limited(CWSM)	3.35 ▲ 1.00 (42.55%)
First Elite Cap.Mod / Dec 11 First Elite Capital Modaraba(FECM)	5.99 ▲ 0.99 (19.80%)
Kohinoor Spining / Dec 11 Kohinoor Spinning Mills Limited(KOSM)	4.80 ▲ 0.61 (14.56%)
Dar-es-Salaam / Dec 11 Dar-es-Salaam Textile Mills Limited(DSML)	8.49 ▲ 1.00 (13.35%)
Silk Bank Ltd / Dec 11 Silkbank Limited(SILK)	1.24 ▲ 0.14 (12.73%)
Nazir Cotton Mills / Dec 11 Nazir Cotton Mills Limited(NCML)	4.24 ▲ 0.44 (11.58%)
Pace (Pak) Ltd. / Dec 11 Pace (Pakistan) Limited(PACE)	2.85 ▲ 0.29 (11.33%)
Samba Bank / Dec 11 Samba Bank Limited(SBL)	9.93 ▲ 1.00 (11.20%)
Alfalah ETF. / Dec 11 Alfalah Consumer Index ETF.(ACIETF)	12 ▲ 1.01 (9.19%)
Trust Mod. / Dec 11 Trust Modaraba(TRSM)	2.17 ▲ 0.17 (8.50%)

Stock	Price
Sec. Inv. Bank / Dec 11 Security Investment Bank Limited(SIBL)	4.89 ▼ -0.85 (-14.81%)
Next Capital / Dec 11 Next Capital Limited(NEXT)	6 ▼ -0.60 (-9.09%)
Redco Textile / Dec 11 Redco Textiles Limited(REDCO)	6.23 ▼ -0.57 (-8.38%)
Asim Textile / Dec 11 Asim Textile Mills Limited(ASTM)	11.50 ▼ -0.98 (-7.85%)
Crescent Fib. / Dec 11 Crescent Fibres Limited(CFL)	74.02 ▼ -6.00 (-7.50%)
Dadex Eternit / Dec 11 Dadex Eternit Limited(DADX)	45.73 ▼ -3.71 (-7.50%)
J.A.Textile / Dec 11 J.A. Textile Mills Limited(JATM)	46.64 ▼ -3.78 (-7.50%)
Reliance Cotton / Dec 11 Reliance Cotton Spinning Mills Limited(RCML)	629 ▼ -51.00 (-7.50%)
Sunrays Textile / Dec 11 Sunrays Textile Mills Limited(SUTM)	111 ▼ -9.00 (-7.50%)
Masood Textile / Dec 11 Masood Textile Mills Limited(MSOT)	53.20 ▼ -4.30 (-7.48%)

Stock	Volume
K-Electric Ltd. / Dec 11 K-Electric Limited(KEL)	342,535,258 ▲ 0.05
WorldCall Telecom / Dec 11 Worldcall Telecom Limited(WTL)	98,557,282 ▲ 0.05
Kohinoor Spining / Dec 11 Kohinoor Spinning Mills Limited(KOSM)	65,177,500 ▲ 0.61
P.T.C.L. / Dec 11 Pakistan Telecommunication Company Ltd(PTC)	63,595,500 ▲ 0.45
Askari Bank / Dec 11 Askari Bank Limited(AKBL)	57,594,500 ▲ 0.57
Hascol Petrol / Dec 11 Hascol Petroleum Limited(HASCOL)	54,822,000 ▲ 0.57
Fauji Foods Ltd / Dec 11 Fauji Foods Limited(FFL)	47,998,197 ▲ 0.10
Cnergyico PK / Dec 11 Cnergyico PK Limited(CNERGY)	46,684,647 ▼ -0.16
Pak Refinery / Dec 11 Pakistan Refinery Limited(PRL)	41,814,767 ▼ -1.64
Telecard Limited / Dec 11 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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