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eurozone

Latest on the worldwide spread of the coronavirus

The World Health Organization listed AstraZeneca's COVID-19 vaccine for emergency use, while sources said the EU is in talks with Moderna on buying more vaccines.

Published 16 Feb, 2021 11:29am

Markets

Euro zone bond yields jump as reflation trade bites

German, French, Dutch 10-yr bond yields highest since Sept.
German 30-Bund yield at 30-month high.

Published 15 Feb, 2021 05:57pm

Markets

European stocks firm at open

In the eurozone, Frankfurt's DAX 30 index rose 0.1 percent to 13,948.72.

Published 11 Feb, 2021 02:11pm

Business & Finance

Eurozone inflation back in positive territory

In any case, inflation in Europe remains way off the target of the European Central Bank of just under two percent.

Published 03 Feb, 2021 05:12pm

Business & Finance

Eurozone economy shrank less than expected in 2020

The Eurostat statistics agency said the eurozone economy shrank by 6.8 percent in 2020, and by 0.7 percent in the fourth quarter.

Published 02 Feb, 2021 04:51pm

Markets

Europe markets sink in opening deals

"The last few turbulent trading sessions have all but wiped out what had been a strong start to the year," said Richard Hunter, head of markets at Interactive Investor.

Published 29 Jan, 2021 02:17pm

Business & Finance

Big eurozone banks face loans risk from virus: ECB

FRANKFURT AM MAIN: The eurozone’s big banks have successfully weathered the coronavirus crisis so far but could ...

Updated 29 Jan, 2021 09:39am

Business & Finance

Big eurozone banks face loans risk from virus: ECB

Under Lagarde, the ECB took unprecedented steps last year to cushion the eurozone economy from the impact of Covid-19.

Published 28 Jan, 2021 04:54pm

Markets

ECB launches small climate-change unit to lead Lagarde's green push

More significantly, ECB policymakers are also debating what role climate considerations should play in the institution's multi-trillion euro bond-buying programme.

Published 25 Jan, 2021 03:10pm

Business & Finance

US dollar net shorts swell to largest in nearly 10 years

NEW YORK: US dollar net short positioning in the latest week ballooned to its largest since May 2011, according to...

Published 25 Jan, 2021 04:23am

Business & Finance

Euro zone bond yields inch higher ahead of ECB meeting

For riskier Italian bonds, the 10-year yield was little changed at 0.585%.

Published 21 Jan, 2021 06:40pm

Business & Finance

ECB meets as virus woes weigh on eurozone

Policymakers are expected to stop short of taking fresh action after ramping up their pandemic support for the eurozone last month.

Published 21 Jan, 2021 09:46am

Business & Finance

Eurozone banks tighten lending conditions further: ECB

Credit conditions tightened for firms and consumers in France, Spain and Germany, but remained stable in Italy, the ECB said.

Published 19 Jan, 2021 08:22pm

World

Brexit pushes billions into France: bank chief

The coronavirus pandemic made it even more important to boost business activity, given its severe economic effects.

Published 19 Jan, 2021 07:59pm

Business & Finance

ECB's Centeno says boosting euro's international role is significant challenge

The euro proved this time to be a very, very flexible and strong institution to all member States.
The risks that some countries could see 10 years ago regarding the euro are today much smaller.

Published 19 Jan, 2021 07:05pm

Markets

Euro zone's current account surplus narrows in November: ECB

The bloc of 19 countries sharing the euro recorded a current account surplus of 24.6 billion euros in November.

Published 19 Jan, 2021 02:24pm

Markets

ECB to hold course as virus clouds outlook

At Thursday's press conference, former French finance minister Lagarde is likely to also be quizzed about the recent strength of the euro against the dollar.

Published 18 Jan, 2021 12:45pm

World

ECB's Lagarde confident on outlook despite virus surge

The ECB in December forecast economic growth in the 19-nation euro area at 3.9 percent in 2021.

Published 13 Jan, 2021 08:04pm

World

Renzi insists Italy take ESM loan, prolonging showdown with PM Conte

One possible scenario if Italia Viva quits would be for all the coalition parties to renegotiate a new pact, which would almost certainly open the way for a major cabinet reshuffle, with or without Conte at the helm.

Updated 13 Jan, 2021 12:21pm

Business & Finance

Euro zone bond yields rise on US reflation trade

Italy's benchmark 10-year bond yield was up 2 basis points at 0.563%. Outperforming Portuguese and Spanish yields were up 1.5 to 2 basis points.

Published 12 Jan, 2021 02:22pm

Business & Finance

Euro zone economy likely already in double-dip recession: Reuters poll

As most of Europe grapples with a resurgence in coronavirus cases, forecasters who last month predicted the recovery would continue now expect the euro zone economy to shrink 2.5% this quarter after expanding a record 12.6% in Q3.

Published 18 Nov, 2020 10:10am

World

Euro zone ministers review economic response as second COVID wave rages

EU leaders agreed in July to launch a 1.8 trillion euro recovery plan to boost the economy over the next seven years from the unprecedented slump this year caused by the pandemic.
"That will be a lot of money which will be moved around over the next years," German Finance Minister Olaf Scholz.

Published 03 Nov, 2020 07:46pm

Markets

European stock markets retreat at open

London's benchmark FTSE 100 index opened at 6,086.38 points, having closed 0.8 percent higher on Monday.

Published 18 Aug, 2020 06:05pm

Markets

Euro zone yields rise off two-month lows before Fed meeting

German 10-year Bund yields dropped to a two-month low of -0.52% in early trade before rising to -0.496%, up about 2 basis points on the day.

Published 29 Jul, 2020 06:05pm

Business & Finance

Eurozone business growth turns positive: IHS Markit

The firm's PMI output index turned positive -- hitting 54.8 points in July compares to 48.5 in June -- and showed the sharpest rate of growth in July for just over two years.

Published 24 Jul, 2020 04:27pm

Business & Finance

Stock markets take beating in 'sour end' to trading week

The losses come at the end of another tough week for markets, which have shown signs of stuttering after a months-long rally from their March trough.

Published 24 Jul, 2020 04:13pm

Business & Finance

ECB sits tight as EU leaders shape virus recovery plan

The goal of the government and corporate debt purchases is to keep credit flowing and encourage spending and investment in the 19-nation eurozone.

Published 16 Jul, 2020 06:43pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	278.52
USD PKR Interbank Buying / Apr 25	278.32
USD to Japanese Yen / Apr 25	155.60
USD to Swiss Franc / Apr 25	0.91
Pound Sterling to USD / Apr 25	1.25
Euro to USD / Apr 25	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
Nasdaq / Apr 24	15712.75
Dow Jones / Apr 24	38460.92
India Sensex / Apr 25	73780.80
Tokyo Nikkei / Apr 25	37628.48
Hang Seng / Apr 25	17264.90
FTSE 100 / Apr 25	8077.84
Germany DAX 30 / Apr 25	17994.97

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Petrol/Litre / Apr 25	293.94
Crude Oil USD/Barrel / Apr 25	83.02
Gold Spot USD/Ounce / Apr 25	2325.45
Diesel/Litre / Apr 25	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 25 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 25 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 25 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 25 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 25 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 25 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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