Trends - Fed rate - Business Recorder

Fed rate

Documented cigarette industry: FBR tax collection may fall significantly

ISLAMABAD: The Federal Board of Revenue (FBR) tax collection from documented cigarette industry is expected to fall...

Published 04 Jun, 2025 03:03am

Markets

Oil weaker on uncertainty over Fed rate cut

HOUSTON: Oil prices settled down more than 2% on Friday as investors fretted about weaker Chinese demand and a...

Updated 17 Nov, 2024 07:33am

Business & Finance

Dollar weaker on renewed Fed rate cut hopes

NEW YORK: The dollar index was lower on Monday for a fourth straight session as a softer-than-expected US jobs ...

Published 07 May, 2024 07:18am

Markets

Most Gulf markets in black on Fed rate cut bets

DUBAI: Most stock markets in the Gulf ended higher on Sunday, as US inflation data raised expectations of an ...

Published 12 Feb, 2024 06:26am

Markets

Asian FX lifted on potential Fed rate hike end

BENGALURU: Most emerging Asian currencies were bolstered by a weak US dollar on Tuesday, with the South Korean won...

Published 29 Nov, 2023 05:09am

Business & Finance

Dollar dips on growing bets Fed rate hikes are over

NEW YORK: The US dollar fell to an almost eight-week low against the euro on Monday on growing confidence that the...

Published 07 Nov, 2023 06:33am

Markets

Qatar, Dubai bourses rise on Fed rate pause optimism

DUBAI: Stock markets in Dubai and Qatar ended higher on Tuesday ahead of a widely expected interest rate pause by ...

Published 14 Jun, 2023 06:21am

Markets

Gulf bourses end higher on hopes of a Fed rate pause

DUBAI: Most stock markets in the Gulf ended higher on Monday ahead of a widely expected pause in interest rate hike...

Published 13 Jun, 2023 06:00am

Markets

Wall Street drops as megacaps weigh amid Fed rate debate

NEW YORK: Wall Street’s main indexes fell on Monday, bogged down by a drop in shares of Apple and other megacaps,...

Published 01 Nov, 2022 05:55am

Markets

Japan’s Nikkei ends at 2-month low

TOKYO: Japanese stocks notched their lowest close in more than two months on Wednesday, tracking declines on Wall...

Published 22 Sep, 2022 06:55am

Markets

Defence, oil stocks lift London’s FTSE 100

LONDON: Defence and energy stocks led a recovery in UK’s blue-chip FTSE 100 from near three-week lows on ...

Published 22 Sep, 2022 06:41am

Business & Finance

Dollar dips on profit taking, Fed rate path in focus

NEW YORK: The dollar fell on Friday as investors evaluated how high the Federal Reserve is likely to raise interest...

Published 16 Jul, 2022 04:20am

Markets

Asian markets mixed as Fed rate hike rally fades

HONG KONG: Asian markets were mixed Thursday as an early rally fuelled by a “dovish” Federal Reserve interest...

Published 17 Jun, 2022 06:37am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 7	284.25
USD PKR Interbank Buying / Jul 7	284
USD to Japanese Yen / Jul 7	146.05
USD to Swiss Franc / Jul 7	0.80
Pound Sterling to USD / Jul 7	1.36
Euro to USD / Jul 7	1.17
UK LIBOR % / Jul 7	4.96

Stock	Volume
S&P 500 / Jul 7	6,229.98
India Sensex / Jul 7	83,442.50
Tokyo Nikkei / Jul 7	39,730.10
Nasdaq / Jul 7	20,412.52
Hang Seng / Jul 7	24,096.16
FTSE 100 / Jul 7	8,806.53
Dow Jones / Jul 7	44,406.36
Germany DAX 30 / Jul 7	24,073.67
France CAC40 / Jul 7	7,723.47

Item	Value
Crude Oil USD/Barrel / Jul 7	67.62
Karachi Cotton PKR/37.32 KG / Jul 7	16,585
Gold 10 Grams PKR / Jul 7	304,640
Gold Spot USD/Ounce / Jul 7	3,332.01
Cotton US¢/pound / Jul 7	67.99
Petrol/Litre / Jul 8	266.79
Diesel/Litre / Jul 8	272.98

Gainers
Losers
Leaders

Stock	Price
Cresent Jute / Jul 7 Crescent Jute Products Limited(CJPL)	6.48 ▲ 0.95 (17.18%)
Colony Tex.Mills Ltd / Jul 7 Colony Textile Mills Limited(CTM)	5.91 ▲ 0.59 (11.09%)
Tri-Star Mutual / Jul 7 Tri-Star Mutual Fund Limited(TSMF)	10.35 ▲ 1 (10.7%)
Aruj Industries / Jul 7 Aruj Industries Limited(ARUJ)	10.55 ▲ 1 (10.47%)
Universal Ins. / Jul 7 The Universal Insurance Company Limited(UVIC)	11.28 ▲ 1.03 (10.05%)
Ghani Chemworld / Jul 7 Ghani Chemworld Limited(GCWL)	13.05 ▲ 1.19 (10.03%)
Saif Textile / Jul 7 Saif Textile Mills Limited(SAIF)	22.72 ▲ 2.07 (10.02%)
Zarea Ltd / Jul 7 Zarea Limited(ZAL)	21.65 ▲ 1.97 (10.01%)
First Treet Manuf / Jul 7 First Treet Manufacturing Modaraba(FTMM)	16.05 ▲ 1.46 (10.01%)
Zephyr Textile / Jul 7 Zephyr Textiles Limited(ZTL)	15.94 ▲ 1.45 (10.01%)

Stock	Price
Popular Islamic / Jul 7 Popular Islamic Modaraba(PIM)	19.71 ▼ -2.16 (-9.88%)
ECOPACK Ltd / Jul 7 Ecopack Limited(ECOP)	58.70 ▼ -5.43 (-8.47%)
Dewan Mushtaq / Jul 7 Dewan Mushtaq Textile Mills Limited(DMTM)	10.61 ▼ -0.94 (-8.14%)
Cordoba Logistics / Jul 7 Cordoba Logistics & Ventures Limited(CLVL)	17.65 ▼ -1.54 (-8.03%)
PIA Holding Co.B / Jul 7 PIA Holding Company Limited B(PIAHCLB)	21,787.59 ▼ -1882.55 (-7.95%)
Pak Datacom / Jul 7 Pak Datacom Limited(PAKD)	299.41 ▼ -25.87 (-7.95%)
Bunnys Limited / Jul 7 Bunnys Limited(BNL)	92.58 ▼ -7.65 (-7.63%)
Service Textile / Jul 7 Service Industries Textiles Limited(SERT)	26.38 ▼ -1.88 (-6.65%)
Dewan Sugar / Jul 7 Dewan Sugar Mills Limited(DWSM)	6.73 ▼ -0.45 (-6.27%)
JS Bank Ltd / Jul 7 JS Bank Limited(JSBL)	14.88 ▼ -0.87 (-5.52%)

Stock	Volume
Image Pakistan / Jul 7 Image Pakistan Limited(IMAGE)	48,084,641 ▲ 3.08
B.O.Punjab / Jul 7 The Bank of Punjab(BOP)	42,510,708 ▲ 0.21
WorldCall Telecom / Jul 7 Worldcall Telecom Limited(WTL)	36,920,603 ▲ 0
Sui South Gas / Jul 7 Sui Southern Gas Company Limited(SSGC)	35,996,156 ▲ 1.24
Kohinoor Spining / Jul 7 Kohinoor Spinning Mills Limited(KOSM)	34,846,297 ▲ 0.11
Pak Elektron / Jul 7 Pak Elektron Limited(PAEL)	30,160,849 ▲ 2.02
K-Electric Ltd. / Jul 7 K-Electric Limited(KEL)	23,690,621 ▲ 0.04
Treet Corp / Jul 7 Treet Corporation Limited(TREET)	22,696,104 ▲ 0.36
Unity Foods Ltd / Jul 7 Unity Foods Limited(UNITY)	21,715,569 ▲ 0.45
The Searle Co. / Jul 7 The Searle Company Limited(SEARL)	19,056,982 ▲ 5.03