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Federal Reserve

Wall Street slides after Powell’s hawkish comments

NEW YORK: Wall Street’s main indexes fell on Monday as Federal Reserve Chair Jerome Powell’s comments sparked...

Published 22 Mar, 2022 05:21am

Markets

Wall Street rises in choppy trade after Fed boost

NEW YORK: US stocks extended their gains on Thursday following a rally in the previous session as investors assessed...

Published 18 Mar, 2022 05:20am

Business & Finance

US dollar hits lowest in week as investors gauge Fed policy, euro firmer

NEW YORK: The US dollar fell on Thursday and hit its lowest in a week as investors digested the Federal Reserve’s...

Published 18 Mar, 2022 05:20am

World

US Senate panel advances Biden’s picks for Fed

WASHINGTON: The Senate Banking Committee on Wednesday approved President Joe Biden’s renomination of Jerome Powell...

Published 17 Mar, 2022 11:19am

Opinion

With Raskin out, Biden may pick a moderate for Fed regulatory job

With Sarah Bloom Raskin withdrawing her nomination to become the Federal Reserve’s regulation chief on Tuesday, ...

Published 17 Mar, 2022 04:53am

Markets

Wall Street surges on Ukraine peace talks as Fed decision eyed

NEW YORK: Wall Street’s main indexes jumped on Wednesday, propelled by technology and financial stocks, as signs ...

Published 17 Mar, 2022 04:53am

Markets

Stocks rally, oil steadies on China action, Ukraine hopes

LONDON: Stocks rallied Wednesday, helped by Ukraine peace hopes and China’s pledge to help stabilise markets after...

Updated 16 Mar, 2022 05:45pm

Markets

Fed set to raise interest rates to rein in inflation

WASHINGTON: US central bankers on Wednesday are poised to take the first step to raise borrowing costs in a bid to...

Published 16 Mar, 2022 10:58am

Opinion

Euro’s pain is dollar’s gain as Ukraine war roils markets

Fallout from Russia’s invasion of Ukraine may be setting the stage for more gains in the dollar, upending investor...

Published 12 Mar, 2022 04:08am

Markets

Thai baht leads Asian FX gains as Powell testimony rekindles risk

The Thai baht powered to a one-week high and other Asian currencies rose on Thursday, after the US central bank ...

Published 03 Mar, 2022 11:31am

World

Ukraine war impact on US economy 'highly uncertain’: Fed's Powell

WASHINGTON: The impact of the conflict in Ukraine on the US economy is "highly uncertain," and the central bank will...

Published 02 Mar, 2022 07:03pm

Business & Finance

Dollar retreats

MEW YORK: The US dollar dipped on Friday, a day after notching its biggest one-day percentage gain in more than ...

Published 26 Feb, 2022 04:37am

Markets

US Fed official sees big hike at March meeting, warns of Ukraine impact

WASHINGTON: The US economy is healthy enough that interest rates should go from their current zero level to one...

Published 25 Feb, 2022 10:51am

Markets

Asian markets pare losses, oil drops on Biden-Putin hope

HONG KONG: Equities pared losses and oil prices sank Monday after presidents Joe Biden and Vladimir Putin agreed in...

Published 21 Feb, 2022 10:02am

World

Fed adopts strict trading rules after ethics scandal

NEW YORK: The Federal Reserve on Friday adopted an extensive set of restrictions on trading by policymakers and...

Published 19 Feb, 2022 04:15am

Markets

High US inflation 'not acceptable' but recovery on track: Yellen to AFP

WASHINGTON: Soaring US inflation rates are "not acceptable" but the health of the world's largest economy is...

Published 17 Feb, 2022 11:01am

Markets

Stock markets dip as Ukraine worries return

LONDON: European and US stock markets drifted lower while oil prices rose on Wednesday as investors tracked...

Published 16 Feb, 2022 08:21pm

Business & Finance

Dollar strengthens on Bullard rate comments, Ukraine concerns

NEW YORK: The US dollar index reached a two-week high on Monday, with investors anxious over tensions in Ukraine and...

Published 15 Feb, 2022 06:45am

Business & Finance

High US inflation puts Fed’s credibility ‘on the line:’ Bullard

WASHINGTON: The Federal Reserve needs to accelerate the pace of interest rate increases to fight rising inflation,...

Published 15 Feb, 2022 06:45am

Markets

Aluminium leads weekly gains in base metals amid supply fears

London base metals fell on Friday as a stronger-than-expected US inflation data stoked worries about a more...

Published 11 Feb, 2022 10:36am

Business & Finance

Dollar gains, then slides after hot US CPI data

NEW YORK: The dollar initially rose against major currencies on Thursday after US consumer prices in January came in...

Published 11 Feb, 2022 04:31am

World

US inflation rises to 40-year high, fuels speculation of Fed hike in March

WASHINGTON: US consumer prices rose solidly in January, leading to the biggest annual increase in inflation in 40...

Published 10 Feb, 2022 07:04pm

Markets

China Yuan edges up as markets await US inflation data

SHANGHAI: China's yuan edged up on Thursday on corporate demand, while gains were limited, with traders awaiting the...

Published 10 Feb, 2022 09:57am

Markets

South Korea stocks dip amid US rate hike bets, record COVID cases

SEOUL: Round-up of South Korean financial markets: ** South Korean shares fell on Monday amid growing bets on US...

Published 07 Feb, 2022 11:16am

Business & Finance

Dollar recovers from two-week low after US jobs surprise

NEW YORK: The U.S. dollar rose from two-week lows on Friday, after data showed the world’s largest economy created...

Published 05 Feb, 2022 05:46am

World

US employment growth likely slowed in January amid Omicron surge, job losses possible

WASHINGTON: US job growth likely slowed sharply in January as COVID-19 infections lashed the nation, disrupting...

Published 04 Feb, 2022 10:50am

Markets

Asian markets extend rally as optimism returns to trading floors

HONG KONG: Asian equities built on a rally across world markets Wednesday as investors become less worried about the...

Published 02 Feb, 2022 09:36am

Markets

Asian markets rise

HONG KONG: Asian markets rose in limited trade Tuesday following another strong lead from Wall Street fuelled by a...

Published 02 Feb, 2022 04:45am

Business & Finance

Dollar falls for 2nd day on soft US data, Fed’s cautious rate hike talk

NEW YORK/LONDON: The dollar fell for a second consecutive session on Tuesday, after hitting a 19-month peak at the...

Published 02 Feb, 2022 04:45am

Markets

US yields slide on month-end demand; curve steepens

NEW YORK: US Treasury yields fell across the curve on Friday on month-end buying, although this is likely a ...

Published 31 Jan, 2022 07:10am

Gainers
Losers
Leaders

Stock	Price
Reliance Ins. / Jul 5 Reliance Insurance Company Limited(RICL)	7.50 ▲ 0.96 (14.68%)
Popular Islamic / Jul 5 Popular Islamic Modaraba(PIM)	8.37 ▲ 1.00 (13.57%)
Ashfaq Textile / Jul 5 Ashfaq Textile Mills Limited(ASHT)	9.84 ▲ 0.94 (10.56%)
AKD Hospitality / Jul 5 AKD Hospitality Limited(AKDHL)	177.04 ▲ 12.35 (7.50%)
Allawasaya Tex / Jul 5 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1639.82 ▲ 114.40 (7.50%)
Sanofi-Aventis / Jul 5 Sanofi-Aventis Pakistan Limited(SAPL)	1327.20 ▲ 92.59 (7.50%)
Crescent Steel / Jul 5 Crescent Steel & Allied Products Limited(CSAP)	46.34 ▲ 3.23 (7.49%)
Feroze 1888 / Jul 5 Feroze1888 Mills Limited(FML)	74.64 ▲ 5.20 (7.49%)
Frontier Ceram / Jul 5 Frontier Ceramics Limited(FRCL)	27.90 ▲ 1.91 (7.35%)
Roshan Packages / Jul 5 Roshan Packages Limited(RPL)	16.29 ▲ 0.79 (5.10%)

Stock	Price
Shaheen Ins. / Jul 5 Shaheen Insurance Company Limited(SHNI)	3.10 ▲ -0.50 (-13.89%)
K.S.B.Pumps / Jul 5 KSB Pumps Company Limited(KSBP)	141.34 ▲ -11.46 (-7.50%)
Universal Network / Jul 5 Universal Network Systems Limited(GEMUNSL)	45.70 ▲ -3.70 (-7.49%)
Diamond Ind. / Jul 5 Diamond Industries Limited(DIIL)	22.81 ▲ -1.83 (-7.43%)
Hira Textile / Jul 5 Hira Textile Mills Limited(HIRAT)	2.27 ▲ -0.18 (-7.35%)
J.K.Spinning / Jul 5 J.K. Spinning Mills Limited(JKSM)	52.25 ▲ -3.68 (-6.58%)
Adamjee Life Assur. / Jul 5 Adamjee Life Assurance Company Limited(ALIFE)	21.01 ▲ -1.38 (-6.16%)
Huffaz Seamless / Jul 5 Huffaz Seamless Pipe Industries Limited(HSPI)	9.20 ▲ -0.55 (-5.64%)
Punjab Mod / Jul 5 First Punjab Modaraba(FPJM)	1.65 ▲ -0.08 (-4.62%)
Bhanero Tex. / Jul 5 Bhanero Textile Mills Limited(BHAT)	1400.00 ▲ -65.00 (-4.44%)

Stock	Volume
WorldCall Telecom / Jul 5 Worldcall Telecom Limited(WTL)	2,498,500 ▼ 0.00
Maple Leaf / Jul 5 Maple Leaf Cement Factory Limited(MLCF)	2,007,912 ▼ 0.00
G3 Technologies / Jul 5 G3 Technologies Limited(GTECH)	1,665,000 ▼ 0.00
Pak Refinery / Jul 5 Pakistan Refinery Limited(PRL)	1,599,218 ▼ 0.00
Azgard Nine / Jul 5 Azgard Nine Limited(ANL)	1,317,000 ▼ 0.00
TPL Properties / Jul 5 TPL Properties Limited(TPLP)	1,172,347 ▼ 0.00
Sui North Gas / Jul 5 Sui Northern Gas Pipelines Limited(SNGP)	1,134,269 ▼ 0.00
Engro Polymer / Jul 5 Engro Polymer & Chemicals Limited(EPCL)	828,986 ▼ 0.00
Faysal Bank / Jul 5 Faysal Bank Limited(FABL)	793,000 ▼ 0.00
Lotte Chemical / Jul 5 Lotte Chemical Pakistan Limited(LOTCHEM)	786,119 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 4	205.00
USD PKR Interbank Buying / Jul 4	204.80
USD to Japanese Yen / Jul 4	135.87
USD to Swiss Franc / Jul 4	0.96
Pound Sterling to USD / Jul 4	1.29
Euro to USD / Jul 4	1.04
UK LIBOR % / Jul 4	1.57

Stock	Volume
S&P 500 / Jul 4	3825.33
India Sensex / Jul 4	53234.77
Tokyo Nikkei / Jul 4	26153.81
Nasdaq / Jul 4	11127.84
Hang Seng / Jul 4	21830.35
FTSE 100 / Jul 4	7232.65
Dow Jones / Jul 4	31097.26
Germany DAX 30 / Jul 4	12773.38
France CAC40 / Jul 4	5954.65

Item	Value
Crude Oil USD/Barrel / Jul 4	110.43
Karachi Cotton PKR/37.32 KG / Jul 4	16880.00
Gold 10 Grams PKR / Jul 4	118900.00
Gold Spot USD/Ounce / Jul 4	1809.29
Cotton US¢/pound / Jul 4	97.48

Federal Reserve

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