Trends - EU - Business Recorder

EU

EU agrees gradual Russian oil embargo

BRUSSELS: European Union leaders have agreed an embargo on Russian oil imports that will start kicking in towards ...

Published 01 Jun, 2022 05:53am

World

EU not ready to agree Russia oil ban

BRUSSELS: European Union leaders will fail to agree on a Russian oil ban at a summit on Monday and Tuesday in...

Published 31 May, 2022 05:11am

Russian oil embargo: EU mulls compromise to break deadlock

Hungary blocks latest round of proposed sanctions as it uses Russian oil to fulfil 65% of its oil needs

Published 30 May, 2022 05:53am

World

EU unity on Russian sanctions 'starting to crumble', German minister says

BERLINL: German Economy Minister Robert Habeck on Sunday expressed fears that the European Union's unity was...

Published 29 May, 2022 10:52pm

Opinion

Russia prepares to seize western firms looking to leave

Russia is advancing a new law allowing it to take control of the local businesses of western companies that decide ...

Published 27 May, 2022 05:50am

Business & Finance

Naveed Qamar holds meetings with key officials in Burssels

ISLAMABAD: Federal Minister for Commerce and Investment, Syed Naveed Qamar, visited Brussels on May 22-23, 2022. He...

Published 25 May, 2022 04:40am

World

France sees no EU entry for Ukraine before ‘15 or 20 years’

PARIS: A bid by Ukraine to join the European Union would not be finalised for “15 or 20 years,” France’s ...

Published 23 May, 2022 08:02am

World

Polish president offers full support for Ukraine EU bid

KYIV: Poland's president on Sunday pledged full support for Ukraine's EU membership bid, saying those who "shed ...

Published 23 May, 2022 12:02am

Markets

French cereal crop ratings down sharply

PARIS: Crop conditions for French wheat and barley crops declined sharply last week as dry weather persisted in the...

Published 15 May, 2022 05:35am

World

Finland 'confident' of overcoming Turkey's NATO opposition

BERLIN: Finland believes it can find a "solution" with Turkey to end Ankara's opposition to its bid to join NATO, ...

Published 14 May, 2022 10:32pm

World

EU says talks with Iran ‘positive enough’ to reopen nuclear negotiations

WEISSENHAUS, (Germany): The EU’s foreign policy chief said on Friday that he believed there had been enough...

Published 14 May, 2022 04:05am

World

EU says Taliban ‘not listening’ to Afghans with girls’ school ban

KABUL: The Taliban shutdown of girls’ education shows the Taliban are not listening to the Afghan people and poses a...

Published 12 May, 2022 06:14pm

World

UK rejects EU proposals to resolve N Irish trade dispute

LONDON: Britain on Wednesday rejected European Union proposals to resolve a standoff over post-Brexit trade rules ...

Published 12 May, 2022 05:40am

World

Xi warns of confrontations arising from Ukraine crisis

BEJING: Confrontation between blocs resulting from the Ukraine crisis could become a bigger and more lasting threat...

Published 11 May, 2022 04:58am

World

Ukraine war puts EU ‘at crossroads’ on anniversary

BRUSSELS: As the EU poises to mark its anniversary on Monday, it is morphing into a more muscular global actor, a...

Published 08 May, 2022 11:30am

World

EU opens its doors to the public ahead of Europe Day

BRUSSELS: The EU threw open the doors of its institutions to the public on Saturday, just ahead of May 9 ...

Published 08 May, 2022 07:53am

World

Senior Russian lawmaker says US directly involved in Ukraine fighting

MOSCOW: Russia’s most senior lawmaker on Saturday accused Washington of coordinating military operations in...

Published 08 May, 2022 07:53am

World

More than 6bn euros collected at Ukraine donors’ conference

WARSAW: More than six billion euros ($6.3 billion) were collected at a Ukraine donors’ conference in Warsaw, ...

Published 06 May, 2022 05:03am

Markets

New pipeline links Baltics to European gas network

JAUNIUNAI, (Lithuania): Poland and the Baltic states Thursday inaugurated a new gas pipeline that links the...

Published 06 May, 2022 05:03am

World

EU to 'significantly increase' Moldova military aid

CHISINAU: European Council President Charles Michel on Wednesday pledged to increase EU military aid to Moldova,...

Published 04 May, 2022 03:14pm

World

EU to ban three Russian state-owned broadcasters - von der Leyen

STRASBOURG: The European Union will ban three Russian state-owned broadcasters as part of a sixth sanctions package...

Published 04 May, 2022 12:03pm

Markets

EU set to unveil sanctions on Russian oil as fighting rages in Ukraine

ZAPORIZHZHIA: The European Union is expected to outline oil sanctions against Moscow on Wednesday as Russian forces...

Published 04 May, 2022 10:15am

World

EU says using Russian roubles payment scheme would breach sanctions

BRUSSELS: Using Moscow’s proposed scheme for foreign companies to pay for gas by enabling Russia to convert their...

Published 03 May, 2022 03:47am

Markets

EU set to ban Russian oil, ministers hold crisis talks on gas

BRUSSELS: The European Union was preparing a ban on Russian oil, with possible exemptions for wary countries, as EU...

Published 03 May, 2022 03:47am

Markets

In shift, Germany says it could back immediate EU ban on Russian oil

KYIV: Germany said on Monday it was prepared to back an immediate European Union embargo on Russian oil, a major...

Published 03 May, 2022 03:47am

Pakistan

Bilawal felicitated on becoming FM

ISLAMABAD: Foreign Ministers of various countries including Kuwait, High Representative of the European Union for...

Published 29 Apr, 2022 05:43am

Markets

EU confusion over Russia’s rubles for gas demand

BRUSSELS: EU countries scrambled Thursday to make sense of Russia’s decision to cut gas flows to Poland and...

Published 29 Apr, 2022 05:43am

Business & Finance

First 9 months of FY22: Exports to Italy reach all-time high of $805m

ISLAMABAD: Pakistan has posted a trade surplus of $372 million during the first nine months (July- March) of FY...

Published 29 Apr, 2022 05:43am

World

UN chief in Ukraine after EU-Russia gas row

KYIV: The UN chief called war “an absurdity” during a visit to Ukraine Thursday, after Brussels warned Russia it...

Published 28 Apr, 2022 02:03pm

World

EU vows ‘coordinated response’ to Russia gas stoppage

BRUSSELS: The EU said Wednesday it was “prepared” for Moscow to suspend gas supplies to the 27-nation bloc and is...

Published 27 Apr, 2022 02:27pm

Gainers
Losers
Leaders

Stock	Price
First Elite Cap.Mod / Dec 9 First Elite Capital Modaraba(FECM)	5 ▲ 1.00 (25.00%)
Chakwal Spinning / Dec 9 Chakwal Spinning Mills Limited(CWSM)	2.44 ▲ 0.40 (19.61%)
Punjab Mod / Dec 9 First Punjab Modaraba(FPJM)	1.98 ▲ 0.27 (15.79%)
Saritow Spinning / Dec 9 Saritow Spinning Mills Limited(SSML)	8.35 ▲ 1.00 (13.61%)
Jubilee Spinning / Dec 9 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	8.80 ▲ 1.00 (12.82%)
F.Treet Manuf / Dec 9 First Treet Manufacturing Modaraba(FTMM)	4.60 ▲ 0.50 (12.20%)
K-Electric Ltd. / Dec 9 K-Electric Limited(KEL)	4.45 ▲ 0.48 (12.09%)
Samba Bank / Dec 9 Samba Bank Limited(SBL)	9.35 ▲ 1.00 (11.98%)
P.T.C.L. / Dec 9 Pakistan Telecommunication Company Ltd(PTC)	9.72 ▲ 1.00 (11.47%)
Dewan Textile / Dec 9 Dewan Textile Mills Limited(DWTM)	4.75 ▲ 0.47 (10.98%)

Stock	Price
Sec. Inv. Bank / Dec 9 Security Investment Bank Limited(SIBL)	5.74 ▼ -1.00 (-14.84%)
Tri-Star Mutual / Dec 9 Tri-Star Mutual Fund Limited(TSMF)	5.05 ▼ -0.49 (-8.84%)
Supernet Ltd. / Dec 9 Supernet Limited(GEMSPNL)	12.90 ▼ -1.05 (-7.53%)
Universal Network (GEM) / Dec 9 Universal Network Systems Limited (GEM)(GEMUNSL)	23.53 ▼ -1.91 (-7.51%)
Leather Up Ltd. / Dec 9 Leather Up Limited(LEUL)	10.54 ▼ -0.81 (-7.14%)
Trust Mod. / Dec 9 Trust Modaraba(TRSM)	2 ▼ -0.15 (-6.98%)
LSE Propetech / Dec 9 LSE Propetech Limited(LSEPL)	4.46 ▼ -0.33 (-6.89%)
Ismail Ind. / Dec 9 Ismail Industries Limited(ISIL)	1300 ▼ -95.00 (-6.81%)
Kohat Textile / Dec 9 Kohat Textile Mills Limited(KOHTM)	18.31 ▼ -1.19 (-6.10%)
Hoechst Pak. / Dec 9 Hoechst Pakistan Limited(HPL)	1200 ▼ -77.00 (-6.03%)

Stock	Volume
K-Electric Ltd. / Dec 9 K-Electric Limited(KEL)	341,598,066 ▲ 0.48
Cnergyico PK / Dec 9 Cnergyico PK Limited(CNERGY)	98,899,853 ▲ 0.02
WorldCall Telecom / Dec 9 Worldcall Telecom Limited(WTL)	97,311,739 ▲ 0.04
Hascol Petrol / Dec 9 Hascol Petroleum Limited(HASCOL)	60,506,500 ▲ 0.27
P.T.C.L. / Dec 9 Pakistan Telecommunication Company Ltd(PTC)	57,212,000 ▲ 1.00
Kohinoor Spining / Dec 9 Kohinoor Spinning Mills Limited(KOSM)	56,298,000 ▲ 0.42
Fauji Foods Ltd / Dec 9 Fauji Foods Limited(FFL)	47,608,697 ▲ 0.96
Pak Elektron / Dec 9 Pak Elektron Limited(PAEL)	42,544,241 ▲ 1.23
Hum Network / Dec 9 Hum Network Limited(HUMNL)	40,175,500 ▲ 0.07
TPL Properties / Dec 9 TPL Properties Limited(TPLP)	36,065,929 ▲ 0.08

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 8	284.30
USD PKR Interbank Buying / Dec 8	283.95
USD to Japanese Yen / Dec 8	143.72
USD to Swiss Franc / Dec 8	0.88
Pound Sterling to USD / Dec 8	1.26
Euro to USD / Dec 8	1.08
UK LIBOR % / Dec 7	5.48

Stock	Volume
S&P 500 / Dec 7	4585.59
Nasdaq / Dec 7	14340
Dow Jones / Dec 7	36117.38
India Sensex / Dec 8	69810.76
Tokyo Nikkei / Dec 8	32305.33
Hang Seng / Dec 8	16275.13
FTSE 100 / Dec 8	7514.73
Germany DAX 30 / Dec 8	16654.79
France CAC40 / Dec 8	7458.02

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 7	17235
Gold 10 Grams PKR / Dec 7	187671
Crude Oil USD/Barrel / Dec 8	70.35
Gold Spot USD/Ounce / Dec 8	2031.22
Cotton US¢/pound / Dec 8	82.72

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