Trends - EU - Business Recorder

EU

IMF chief says markets have good reasons to be more upbeat on economy

DUBAI: The head of the International Monetary Fund (IMF) said on Monday that financial markets have good reason to...

Updated 14 Feb, 2023 09:03am

World

Countries warn EU against ‘crisis mode’ overhaul of energy market

BRUSSELS: Denmark, Germany, the Netherlands, Estonia, Finland, Luxembourg and Latvia have warned Brussels not to...

Published 13 Feb, 2023 01:29pm

Opinion

Seizing Russian assets is easier said than done

The idea is seductively simple: the West should turn over billions of dollars of frozen Russian assets to Ukraine to...

Published 13 Feb, 2023 06:12am

Business & Finance

Poland-Pakistan trade volume reaches €723m: envoy

ISLAMABAD: Ambassador of Poland to Pakistan Maciej Pisarski on Sunday said that the bilateral trade volume between...

Published 13 Feb, 2023 05:57am

Opinion

EU recycles investment plans to counter US green subsidies

Confronted by competition from Washington’s vast green tech investment plan, European leaders are scrambling to...

Published 10 Feb, 2023 03:56am

Technology

TikTok promises to ramp up fight against disinformation in EU

BRUSSELS: Chinese social media company TikTok on Thursday pledged to do more to tackle disinformation on its...

Published 09 Feb, 2023 12:19pm

Markets

US has questions to answer over Nord Stream explosions: Russia

MOSCOW: Russia’s foreign ministry said on Wednesday the United States had questions to answer over its role in...

Published 09 Feb, 2023 07:05am

Opinion

Brussels on tenterhooks for long-awaited Zelensky visit

Ukrainian President Volodymyr Zelensky has so far only made one trip abroad since Russia invaded his country almost ...

Updated 09 Feb, 2023 06:31am

Markets

Gasoil margins recover after two-day loss

SINGAPORE: Asia’s 10-ppm sulphur gasoil margins recovered from two straight days of losses and closed at $26.74 a...

Published 09 Feb, 2023 06:02am

Business & Finance

Eurozone dodges recession but gloomy outlook persists

BRUSSELS: The eurozone economy showed greater resilience than expected after avoiding a recession in the fourth...

Published 06 Feb, 2023 06:53am

Pakistan

EU to fund 3 new programmes to support inclusive green growth

ISLAMABAD: President Pak-British Friendship Council North West Chapter Muhammad Arbab Khan Sunday said the European...

Published 06 Feb, 2023 06:20am

Business & Finance

EU reaches deal on Russian fuel price caps

BRUSSELS: European Union member states on Friday reached agreement on price caps for Russian petroleum products,...

Updated 04 Feb, 2023 10:16am

World

'Possible' to start Ukraine EU entry talks this year: Kyiv

KYIV: Ukrainian President Volodymyr Zelensky said after hosting a summit with the EU on Friday that it was ...

Published 04 Feb, 2023 02:20am

World

EU parliament lifts immunity of two MEPs in graft probe

BRUSSELS: The European Parliament on Thursday lifted the immunity of two lawmakers targeted in a Belgian probe into...

Published 03 Feb, 2023 07:03am

Business & Finance

ECB raises rates, signals at least one more hike

FRANKFURT: The European Central Bank raised interest rates by 0.5% on Thursday and explicitly signalled at least one...

Published 03 Feb, 2023 06:17am

World

EU unveils plan to counter US green subsidies, China competition

BRUSSELS: The EU on Wednesday unveiled proposals to counter the threat to European industry from US green subsidies...

Published 02 Feb, 2023 06:12am

Markets

European shares end lower but log January gain

PARIS: Europe’s STOXX 600 fell on Tuesday as investors geared up for a fresh round of interest rate hikes from top...

Published 01 Feb, 2023 07:26am

Business & Finance

Loan demand falls as higher interest rates bite: ECB

FRANKFURT: Demand for loans is falling in the eurozone as households and businesses grapple with higher borrowing...

Published 01 Feb, 2023 07:06am

Markets

Europe stocks slip as hot Spanish inflation data fan rate hike concerns

PARIS: European shares slipped on Monday as hotter-than-expected inflation data from Spain added to market jitters ...

Published 31 Jan, 2023 07:00am

World

EU dangles visa threat over nations refusing to take back migrants

STOCKHOLM: EU interior ministers reached “consensus” Thursday to warn outside countries refusing to take back...

Published 28 Jan, 2023 06:20am

World

EU mission to Armenia will fuel confrontation, says Russia

MOSCOW: Russia on Thursday accused the EU of seeking to fuel “geopolitical confrontation” by sending a civilian...

Published 27 Jan, 2023 10:40am

Markets

Earnings optimism helps European shares snap two-day dip

PARIS: European shares rose on Thursday as upbeat results eased some worries about a profit hit from higher ...

Published 27 Jan, 2023 06:15am

World

Iran slaps new sanctions on EU, UK in tit-for-tat move

TEHRAN: Iran on Wednesday imposed sanctions on 34 individuals and entities from the European Union and Britain in...

Published 26 Jan, 2023 05:58am

Opinion

EU grapples with asylum reform as migrant entries surge

Eight years after facing a refugee crisis in 2015, the European Union is still struggling with how to reform its...

Published 26 Jan, 2023 05:58am

Business & Finance

OPEC+ panel unlikely to tweak oil policy

LONDON: An OPEC+ panel is likely to endorse the producer group’s current oil output policy when it meets next ...

Published 25 Jan, 2023 06:25am

World

Iran vows ‘reciprocal’ response to EU over Guards terror label vote

TEHRAN: Iran on Sunday warned the European Union it would take “reciprocal” measures after the European...

Published 23 Jan, 2023 07:53am

World

France, Germany firm up ties as European ‘driving force’

PARIS: Germany’s Chancellor Olaf Scholz and France’s President Emmanuel Macron on Sunday pledged to drive Europe...

Published 23 Jan, 2023 07:24am

World

Iran Guards warn EU terror label would be ‘mistake’

TEHRAN: Iran’s Islamic Revolutionary Guard Corps on Saturday warned the European Union against making a...

Published 22 Jan, 2023 03:08am

Business & Finance

Western climate subsidies risk hitting emerging markets: IMF

DAVOS, (Switzerland): The head of the IMF warned Friday that Western subsidies to combat climate change and ...

Published 21 Jan, 2023 06:46am

World

Lavrov says Russia will ‘sober up’ NATO and EU

MOSCOW: Russian Foreign Minister Sergei Lavrov said on Thursday that Moscow would do all it could to “sober up”...

Published 20 Jan, 2023 07:05am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 10 786 Investments Limited(786)	5.74 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 10 Al-Abbas Sugar Mills Limited(AABS)	526 ▼ 0.00 (0.00%)
Agro Allianz / Dec 10 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 10 Allied Bank Limited(ABL)	90.51 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 10 Abbott Laboratories (Pakistan) Limited(ABOT)	500.43 ▼ 0.00 (0.00%)
Abson Ind. / Dec 10 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 10 Alfalah Consumer Index ETF.(ACIETF)	10.99 ▼ 0.00 (0.00%)
Attock Cement / Dec 10 Attock Cement Pakistan Limited(ACPL)	105.15 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 10 786 Investments Limited(786)	5.74 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 10 Al-Abbas Sugar Mills Limited(AABS)	526 ▲ 0.00 (0.00%)
Agro Allianz / Dec 10 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 10 Allied Bank Limited(ABL)	90.51 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 10 Abbott Laboratories (Pakistan) Limited(ABOT)	500.43 ▲ 0.00 (0.00%)
Abson Ind. / Dec 10 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 10 Alfalah Consumer Index ETF.(ACIETF)	10.99 ▲ 0.00 (0.00%)
Attock Cement / Dec 10 Attock Cement Pakistan Limited(ACPL)	105.15 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Dec 10 K-Electric Limited(KEL)	342,535,258 ▲ 0.00
WorldCall Telecom / Dec 10 Worldcall Telecom Limited(WTL)	98,557,282 ▲ 0.00
P.T.C.L. / Dec 10 Pakistan Telecommunication Company Ltd(PTC)	58,736,500 ▲ 0.00
Kohinoor Spining / Dec 10 Kohinoor Spinning Mills Limited(KOSM)	56,593,500 ▲ 0.00
Fauji Foods Ltd / Dec 10 Fauji Foods Limited(FFL)	47,998,197 ▲ 0.00
Cnergyico PK / Dec 10 Cnergyico PK Limited(CNERGY)	46,684,647 ▲ 0.00
B.O.Punjab / Dec 10 The Bank of Punjab(BOP)	32,876,325 ▲ 0.00
Pak Elektron / Dec 10 Pak Elektron Limited(PAEL)	29,819,540 ▲ 0.00
Hascol Petrol / Dec 10 Hascol Petroleum Limited(HASCOL)	27,935,500 ▲ 0.00
Pak Int.Bulk / Dec 10 Pakistan International Bulk Terminal(PIBTL)	25,443,500 ▲ 0.00

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	144.95
USD to Swiss Franc / Dec 8	0.88
Pound Sterling to USD / Dec 8	1.25
Euro to USD / Dec 8	1.08
UK LIBOR % / Dec 8	5.48

Stock	Volume
S&P 500 / Dec 8	4604.37
India Sensex / Dec 8	69825.60
Tokyo Nikkei / Dec 8	32307.86
Nasdaq / Dec 8	14403.97
Hang Seng / Dec 8	16334.37
FTSE 100 / Dec 8	7554.47
Dow Jones / Dec 8	36247.87
Germany DAX 30 / Dec 8	16759.22
France CAC40 / Dec 8	7526.55

Item	Value
Crude Oil USD/Barrel / Dec 8	71.23
Karachi Cotton PKR/37.32 KG / Dec 8	17235
Gold 10 Grams PKR / Dec 8	187414
Gold Spot USD/Ounce / Dec 8	2004.67
Cotton US¢/pound / Dec 8	81.44

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