Trends - Fed - Business Recorder

Fed

Property transfer: Cabinet will abolish 3-7% FED soon

ISLAMABAD: The Cabinet will soon abolish 3 to 7 percent Federal Excise Duty (FED), levied through the Finance Act,...

Updated 24 Apr, 2025 10:36am

Business & Finance

FED: supply of raw material for soft drinks not proved chargeable

LAHORE: Tax department has failed to prove that supply of syrup as raw material for preparation of soft drinks is...

Published 20 Apr, 2025 02:50am

Powell says Fed remains in wait-and-see mode; markets processing policy shifts

CHICAGO: U.S. Federal Reserve chair Jerome Powell said Wednesday that the Fed would wait for more data on the...

Published 17 Apr, 2025 01:14am

Business & Finance

Fed officials back cautious policy approach in light of economic uncertainty

WASHINGTON: New York Federal Reserve President John Williams said on Friday the US central bank’s monetary policy...

Published 25 Mar, 2025 05:37am

World

Many US firms expect Trump tariffs to push up prices: Fed

WASHINGTON: Businesses across the United States expect President Donald Trump’s tariff plans will force them to...

Published 25 Mar, 2025 05:37am

Business & Finance

Dollar higher ahead of Fed decision; lira lurches lower

NEW YORK: The dollar rose across the board on Wednesday, bouncing back from multi-month lows as traders eyed the...

Published 20 Mar, 2025 05:30am

Editorials

Tapping the real estate tax potential

EDITORIAL: With the economy in the process of stabilising, various sectors across the board have started performing...

Published 17 Feb, 2025 03:09am

Markets

S&P 500, Nasdaq climb as Apple gains

NEW YORK: The S&P 500 and the Nasdaq rose on Friday, as Apple gained following a strong sales forecast and a...

Published 01 Feb, 2025 06:30am

Markets

Wall Street Week Ahead: Fed’s rate-cut view set to test resurgent US stocks rally

NEW YORK: The Federal Reserve’s first meeting of 2025 in the coming week stands to test the resurgence in US ...

Published 27 Jan, 2025 05:50am

Business & Finance

Fed prepares to pause in first rate decision since Trump’s inauguration

WASHINGTON: The US Federal Reserve is expected to announce a pause in rate cuts on Wednesday, as policymakers look ...

Published 27 Jan, 2025 05:50am

Business & Finance

ABAD presents proposals for revival of housing sector

LAHORE: The Association of Builders and Developers of Pakistan (ABAD) presented a set of proposals for revival of...

Published 05 Jan, 2025 02:45am

Business & Finance

US banks sue Fed over ‘opaque’ stress tests

NEW YORK: A business coalition led by large US banks filed suit Tuesday against the Federal Reserve, criticizing the...

Published 25 Dec, 2024 06:25am

Markets

Gold rebounds from one-month low after Fed’s hawkish signal

NEW YORK: Gold prices gained on Thursday, rebounding from a one-month low, as the market digested the US Federal...

Published 20 Dec, 2024 02:43am

Markets

Wall St bounces back after Fed’s hawkish cut triggers sell-off

NEW YORK: Wall Street’s main indexes gained some ground on Thursday, a day after the Federal Reserve’s...

Published 20 Dec, 2024 02:43am

Markets

Tech sector supports European shares ahead of Fed decision

NEW YORK: European share indices closed up on Wednesday, boosted by technology stocks and French automaker Renault,...

Published 19 Dec, 2024 05:57am

Markets

Most Gulf markets muted ahead of Fed decision

DUBAI: Most stock markets in the Gulf ended lower on Sunday as investors awaited clues on the future path for...

Published 16 Dec, 2024 06:08am

Markets

Gold prices slightly up on Fed rate optimism

NEW YORK: Gold prices edged higher on Tuesday, as recovering expectations of a US rate cut in December weighed on ...

Published 04 Dec, 2024 03:14am

Markets

Most Gulf bourses fall on Fed’s rate-cut caution

DUBAI: Most stock markets in the Gulf ended lower on Monday, hurt by concerns that the US Federal Reserve would slow...

Published 19 Nov, 2024 06:34am

Markets

Most Gulf markets fall on Fed rate cut concerns

DUBAI: Most Gulf stock markets fell on Sunday after U.S economic data and comments from Federal Reserve officials...

Published 18 Nov, 2024 02:54am

Business & Finance

Fed’s Kashkari says broad-based deportations could disrupt labor for some businesses

WASHINGTON: Widespread deportation of foreign-born workers would probably cause some disruption to businesses but...

Published 10 Nov, 2024 10:46pm

Business & Finance

Dollar slips before Fed rate decision

NEW YORK: The dollar fell on Wednesday before the Federal Reserve is expected to cut rates by 25 basis points, while...

Published 08 Nov, 2024 06:41am

Markets

Gold oscillates as stronger US dollar limits upside

NEW YORK: Gold seesawed within a narrow range on Tuesday, restrained by a strong dollar, with geopolitical and...

Published 16 Oct, 2024 06:58am

Business & Finance

Fed terminates 2013 money-laundering enforcement action against Citigroup

WASHINGTON: The Federal Reserve announced on Tuesday that it had terminated a 2013 enforcement action it filed...

Published 02 Oct, 2024 06:19am

Markets

Oil ends week higher as investors take stock of Fed rate cuts

HOUSTON: Oil prices settled lower on Friday but recorded a second straight week of gains, garnering support from a ...

Published 22 Sep, 2024 02:47am

Markets

Gulf markets in black after central banks cut rates

DUBAI: Most stock markets in the Gulf ended higher on Thursday, after most central banks in the region cut their key...

Published 20 Sep, 2024 06:10am

Business & Finance

Fed expected to announce its first interest rate cut since 2020

WASHINGTON: The Federal Reserve is gearing up to announce its first interest rate cut for more than four years on...

Published 16 Sep, 2024 06:08am

World

Fed seen cutting policy rate by 25 bps next week

WASHINGTON: US central bankers will likely start long-awaited interest-rate cuts next week with a...

Published 12 Sep, 2024 03:48am

Markets

Most Gulf markets retreat as Fed uncertainty persists

DUBAI: Most stock markets in the Gulf ended lower on Monday as investors exercised caution ahead of key US ...

Published 10 Sep, 2024 06:32am

Fed mortgage bond holdings play ‘central’ policy rule, paper says

NEW YORK: Federal Reserve holdings of mortgage bonds play a “central” role in how monetary policy affects the...

Updated 25 Aug, 2024 09:54am

Markets

Most Gulf markets gain on positive data

DUBAI: Stock markets in the Middle East ended higher on Sunday, boosted by positive economic data the previous week...

Published 12 Aug, 2024 06:36am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	281.17
USD PKR Interbank Buying / Apr 25	280.97
USD to Japanese Yen / Apr 25	143.67
USD to Swiss Franc / Apr 25	0.83
Pound Sterling to USD / Apr 25	1.33
Euro to USD / Apr 25	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 25	5,525.21
India Sensex / Apr 25	79,212.53
Tokyo Nikkei / Apr 25	35,705.74
Nasdaq / Apr 25	17,382.94
Hang Seng / Apr 25	21,980.74
FTSE 100 / Apr 25	8,415.25
Dow Jones / Apr 25	40,113.50
Germany DAX 30 / Apr 25	22,242.45
France CAC40 / Apr 25	7,536.26

Item	Value
Crude Oil USD/Barrel / Apr 25	63.17
Karachi Cotton PKR/37.32 KG / Apr 25	16,985
Gold 10 Grams PKR / Apr 25	298,950
Gold Spot USD/Ounce / Apr 25	3,327.60
Cotton US¢/pound / Apr 25	68.80
Petrol/Litre / Apr 27	254.63
Diesel/Litre / Apr 27	258.64

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Apr 25 First Capital Equities Limited(FCEL)	4.92 ▲ 0.96 (24.24%)
PICIC Ins.Ltd. / Apr 25 PICIC Insurance Limited(PIL)	3.14 ▲ 0.5 (18.94%)
Dewan Mushtaq / Apr 25 Dewan Mushtaq Textile Mills Limited(DMTM)	7.99 ▲ 1 (14.31%)
Pak. P.V.C. / Apr 25 Pakistan PVC Limited(PPVC)	8.26 ▲ 1 (13.77%)
J.K.Spinning / Apr 25 J.K. Spinning Mills Limited(JKSM)	61.90 ▲ 5.63 (10.01%)
At-Tahur Ltd. / Apr 25 At-Tahur Limited(PREMA)	86.74 ▲ 7.89 (10.01%)
Shezan Inter. / Apr 25 Shezan International Limited(SHEZ)	203.03 ▲ 18.46 (10%)
Sunrays Textile / Apr 25 Sunrays Textile Mills Limited(SUTM)	156.38 ▲ 14.22 (10%)
PIA Holding Co.B / Apr 25 PIA Holding Company Limited B(PIAHCLB)	3,282.29 ▲ 298.39 (10%)
S.S.Oil / Apr 25 S.S.Oil Mills Limited(SSOM)	357.05 ▲ 32.46 (10%)

Stock	Price
Engro Powergen / Apr 25 Engro Powergen Qadirpur Limited(EPQL)	28.71 ▼ -10.13 (-26.08%)
Ghani Chemworld / Apr 25 Ghani Chemworld Limited(GCWL)	8 ▼ -1 (-11.11%)
Samba Bank / Apr 25 Samba Bank Limited(SBL)	8.01 ▼ -0.99 (-11%)
Arpak Int. / Apr 25 Arpak International Investments Ltd.(ARPAK)	56.66 ▼ -6.29 (-9.99%)
Blue-Ex Ltd / Apr 25 Blue-Ex Limited (GEM)(GEMBLUEX)	47.38 ▼ -5.26 (-9.99%)
Saif Power Ltd. / Apr 25 Saif Power Limited(SPWL)	12.31 ▼ -1.3 (-9.55%)
Shaheen Ins. / Apr 25 Shaheen Insurance Company Limited(SHNI)	5.25 ▼ -0.46 (-8.06%)
Equity Modaraba / Apr 25 First Equity Modaraba(FEM)	2.75 ▼ -0.24 (-8.03%)
GlaxoSmithKline / Apr 25 GlaxoSmithKline Pakistan Limited(GLAXO)	409.57 ▼ -34.89 (-7.85%)
AKD Hospitality / Apr 25 AKD Hospitality Limited(AKDHL)	136.65 ▼ -10.81 (-7.33%)

Stock	Volume
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	22,789,497 ▼ -0.02
Power Cement / Apr 25 Power Cement Limited(POWER)	21,965,614 ▼ -0.17
Sui South Gas / Apr 25 Sui Southern Gas Company Limited(SSGC)	21,567,163 ▼ -0.56
B.O.Punjab / Apr 25 The Bank of Punjab(BOP)	19,825,526 ▼ -0.08
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	17,030,953 ▼ -0.04
Aisha Steel Mill / Apr 25 Aisha Steel Mills Limited(ASL)	16,751,796 ▲ 0.59
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	16,717,262 ▼ -0.17
Pak Int.Bulk / Apr 25 Pakistan International Bulk Terminal(PIBTL)	16,382,803 ▲ 0.14
Sui North Gas / Apr 25 Sui Northern Gas Pipelines Limited(SNGP)	13,338,455 ▲ 0.33
Secure Logistics / Apr 25 Secure Logistics Group Limited(SLGL)	12,723,116 ▲ 1.13

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