Trends - European Union - Business Recorder

European Union

Oil prices recoup losses on renewed supply worries, dollar weakness

NEW YORK: Oil prices rebounded from earlier losses on Thursday as Chinese officials planned to ease restrictions in...

Updated 19 May, 2022 09:38pm

Pakistan

UNIDO launches PAIDAR Sindh programme

KARACHI: In order to contribute to sustainable poverty reduction and improve livelihoods of rural communities in...

Published 19 May, 2022 05:29am

Opinion

Won’t be long before default is on the table

SBP (State Bank of Pakistan) has no choice but to raise the interest rate, most likely by another 100 basis points,...

Published 19 May, 2022 05:29am

Markets

Europe fills gas storage at record rate as Asia’s buyers step aside

LONDON: Europe’s gas inventories are rebuilding after winter at the fastest rate on record as the region’s ...

Published 19 May, 2022 05:29am

Business & Finance

GSP Plus scheme: Minister to visit European capitals to muster support for extension

ISLAMABAD: Minister for Commerce Syed Naveed Qamar will visit European capitals to muster support for extension in...

Published 19 May, 2022 05:29am

World

War in Ukraine enters ‘protracted phase’: defence minister

KYIV: The war with Russia is entering “a protracted phase”, Ukrainian Defence Minister Oleksiy Reznikov said...

Published 18 May, 2022 12:52am

World

Spain, Morocco reopen land borders after two-year closure

FNIDEQ: Morocco and Spain have reopened the land borders between the north African country and the Spanish enclaves...

Published 17 May, 2022 11:49am

Markets

Oil rises on EU’s Russian oil ban effort, demand hopes

LONDON: Oil hit its highest in seven weeks on Tuesday, supported by the European Union’s ongoing push for a ban on...

Updated 17 May, 2022 01:43pm

Business & Finance

U.S. Treasury’s Yellen to push Poland on global minimum tax implementation

WARSAW: US Treasury Secretary Janet Yellen will thank Poland for hosting millions of Ukrainian war refugees on...

Published 16 May, 2022 11:41am

World

Palestinians mourn Israel’s creation amid outcry over funeral raid

OCCUPIED JERUSALEM: Palestinians rallied Sunday to mark the “Nakba,” or catastrophe, 74 years after Israel’s...

Published 16 May, 2022 05:42am

Markets

Iran considering gas exports to Europe

TEHRAN: Iran is considering the possibility of exporting gas to Europe, an oil ministry official said Sunday against...

Published 16 May, 2022 05:42am

Opinion

Hungary holds up EU plan to ban Russian oil

The European Union’s hopes to quickly impose a ban on Russian oil imports could be dashed after Hungary demanded...

Published 15 May, 2022 05:35am

Pakistan

Afghan peace: Pakistan, EU for greater global coordination

ISLAMABAD: Pakistan and the European Union Friday emphasized the importance of international coordination to...

Published 14 May, 2022 04:05am

World

EU’s Iran talks coordinator Mora says he was held at Frankfurt airport

BERLIN: The European Union’s Iran nuclear talks coordinator Enrique Mora was detained for a short time at Frankfurt...

Published 13 May, 2022 11:56am

Markets

Oil jumps 4% as U.S. gasoline prices hit record high, stock markets soar

NEW YORK: Oil prices rose about 4% on Friday as U.S. gasoline prices jumped to an all-time high, stock markets...

Updated 13 May, 2022 10:27pm

World

Qatar, EU say pushing stalled Iran nuclear talks

TEHRAN: Qatar’s emir and the European Union on Thursday said they are working to push forward stalled negotiations...

Published 13 May, 2022 05:59am

Markets

EU wheat at contract highs as USDA report adds to supply concerns

PARIS: Euronext wheat futures jumped to contract highs on Wednesday as a lower-than-expected projection of world...

Published 13 May, 2022 05:59am

Markets

Oil rises as supply concerns outweigh reduced demand, recession risks

NEW YORK: Oil prices rose on Thursday, reversing earlier losses, as supply concerns and geopolitical tension in...

Published 13 May, 2022 05:59am

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 will act unless N.Ireland Brexit deal is changed: FM Truss

LONDON: The UK will have “no choice but to act” unless the European Union agrees to change post-Brexit trading...

Published 12 May, 2022 05:44pm

Markets

Global stocks slump on alarm over US inflation

LONDON: World equities tanked Thursday as slowing US inflation failed to dent fears of rising global interest rates...

Updated 12 May, 2022 05:46pm

Markets

Euro zone bond yields at multi-week lows as US inflation weakens sentiment

Euro zone bond yields fell sharply on Thursday after US inflation data reinforced investors’ concerns over the...

Published 12 May, 2022 01:20pm

Markets

Indian shares hit two month-low

BENGALURU: Indian shares on Wednesday fell to their lowest in two months, extending losses for a fourth straight...

Published 12 May, 2022 05:40am

World

Russia downed satellite internet in Ukraine: Western officials

WALES: Russia was behind a massive cyberattack against a satellite internet network which took tens of thousands of...

Published 10 May, 2022 11:21pm

World

France says EU deal on Russia oil embargo possible this week

PARIS: An EU accord on halting oil imports from Russia by the end of the year, the latest response to Moscow’s...

Published 10 May, 2022 01:23pm

World

EU should seize Russian reserves to rebuild Ukraine, Borrell says

The European Union should consider seizing frozen Russian foreign exchange reserves to help pay for the cost of...

Published 09 May, 2022 10:04am

Business & Finance

Rouble eases from over 2-year high vs euro

MASCOW: The Russian rouble hit a more than two-year high against the euro before easing on Friday and hovered near ...

Published 09 May, 2022 05:39am

World

Qatar’s emir to visit Iran, Europe next week

DUBAI: Qatar’s emir will visit Iran, Germany, Britain and other European states starting this week on a trip...

Published 08 May, 2022 08:16pm

World

EU attempts to save Iran nuclear deal with last-ditch effort

The European Union is making a last-ditch attempt to save the Iran nuclear deal and break a deadlock, the Financial...

Published 07 May, 2022 02:34pm

Markets

Dry weather in France will cause irreversible damage to crops

PARIS: Dry, hot weather in the coming 10 days in France after several months of little rainfall will cause...

Published 07 May, 2022 05:46am

Gainers
Losers
Leaders

Stock	Price
B. F. Mod. / May 20 B.F. Modaraba(BFMOD)	6.00 ▲ 1.00 (20.00%)
Pak Gulf Leasing / May 20 Pak-Gulf Leasing Company Limited(PGLC)	6.00 ▲ 1.00 (20.00%)
Silk Bank Ltd / May 20 Silkbank Limited(SILK)	1.24 ▲ 0.16 (14.81%)
Paramount Mod / May 20 First Paramount Modaraba(FPRM)	8.00 ▲ 1.00 (14.29%)
Service Textile / May 20 Service Industries Textiles Limited(SERT)	10.90 ▲ 0.90 (9.00%)
Ruby Tex. / May 20 Ruby Textile Mills Limited(RUBY)	4.00 ▲ 0.30 (8.11%)
Aisha Steel Mill / May 20 Aisha Steel Mills Limited(ASL)	11.85 ▲ 0.86 (7.83%)
First Imrooz Mod. / May 20 First Imrooz Modaraba(FIMM)	134.38 ▲ 9.37 (7.50%)
Janana D Mal / May 20 Janana De Malucho Textile Mills Limited(JDMT)	55.04 ▲ 3.84 (7.50%)
Sapphire Textile / May 20 Sapphire Textile Mills Limited(SAPT)	1004.55 ▲ 70.05 (7.50%)

Stock	Price
East West Ins. / May 20 East West Insurance Company Limited(EWIC)	77.07 ▲ -12.49 (-13.95%)
Pak. P.V.C. / May 20 Pakistan PVC Limited(PPVC)	4.32 ▲ -0.42 (-8.86%)
Trust Mod. / May 20 Trust Modaraba(TRSM)	1.66 ▲ -0.14 (-7.78%)
Crescent Cotton / May 20 Crescent Cotton Mills Limited(CCM)	46.25 ▲ -3.75 (-7.50%)
Gatron Ind. / May 20 Gatron (Industries) Limited(GATI)	415.10 ▲ -33.65 (-7.50%)
AL-Noor Sugar / May 20 Al-Noor Sugar Mills Limited(ALNRS)	61.86 ▲ -5.01 (-7.49%)
Frontier Ceram / May 20 Frontier Ceramics Limited(FRCL)	29.60 ▲ -2.39 (-7.47%)
S.G.Power / May 20 S.G. Power Limited(SGPL)	4.45 ▲ -0.35 (-7.29%)
Imperial Limited / May 20 Imperial Limited(IML)	13.95 ▲ -1.06 (-7.06%)
Pace (Pak) Ltd. / May 20 Pace (Pakistan) Limited(PACE)	2.99 ▲ -0.22 (-6.85%)

Stock	Volume
Ghani Glo Hol / May 20 Ghani Global Holdings Limited(GGL)	15,051,376 ▼ 0.00
WorldCall Telecom / May 20 Worldcall Telecom Limited(WTL)	13,323,000 ▼ 0.00
Silk Bank Ltd / May 20 Silkbank Limited(SILK)	13,067,500 ▼ 0.00
Telecard Limited / May 20 Telecard Limited(TELE)	9,576,000 ▼ 0.00
Cnergyico PK / May 20 Cnergyico PK Limited(CNERGY)	7,490,536 ▼ 0.00
Fauji Cement / May 20 Fauji Cement Company Limited(FCCL)	6,985,000 ▼ 0.00
Unity Foods Ltd / May 20 Unity Foods Limited(UNITY)	6,435,098 ▼ 0.00
Engro Polymer / May 20 Engro Polymer & Chemicals Limited(EPCL)	5,808,622 ▼ 0.00
Pak Int.Bulk / May 20 Pakistan International Bulk Terminal(PIBTL)	5,229,500 ▼ 0.00
Pak Elektron / May 20 Pak Elektron Limited(PAEL)	5,056,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 19	199.00
USD PKR Interbank Buying / May 19	198.80
USD to Japanese Yen / May 19	128.45
USD to Swiss Franc / May 19	0.99
Pound Sterling to USD / May 19	1.23
Euro to USD / May 19	1.05
UK LIBOR % / May 19	0.82

Stock	Volume
S&P 500 / May 19	3923.68
India Sensex / May 19	54208.53
Tokyo Nikkei / May 19	26205.29
Nasdaq / May 19	11418.16
Hang Seng / May 19	20041.14
FTSE 100 / May 19	7438.09
Dow Jones / May 19	31490.07
Germany DAX 30 / May 19	14007.76
France CAC40 / May 19	6352.94

Item	Value
Crude Oil / May 19	110.10
Karachi Cotton Assoc. / May 19	21180.00
Gold 10 Grams / May 19	113300.00
Gold Spot / May 19	1815.89
Cotton / May 19	128.99

European Union

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