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Asian currencies mixed despite hot US CPI, shares rise

Most Asian currencies were mixed against a volatile dollar on Friday as investors digested a red-hot U.S inflation...

Published 14 Oct, 2022 10:45am

World

US consumer prices increase more than expected in September; weekly jobless claims rise

WASHINGTON: US consumer prices increased more than expected in September and underlying inflation pressures...

Published 13 Oct, 2022 06:29pm

Markets

Hong Kong stocks end down on rate hike fears

HONG KONG: Stocks in Hong Kong tumbled Monday, in line with losses across global markets after a forecast-beating US...

Updated 10 Oct, 2022 01:32pm

Markets

Asian FX mixed on choppy dollar, stocks rise on improved sentiment

Most emerging Asian currencies were mixed against a choppy greenback on Wednesday, with the South Korean won and...

Published 05 Oct, 2022 11:36am

Markets

Equities extend rally on rate hopes, traders await OPEC decision

HONG KONG: Asian investors joined their Wall Street and European counterparts in an equity buying spree Wednesday as...

Published 05 Oct, 2022 09:56am

Markets

South Korea, US agree to implement liquidity measures if needed

SEOUL: The United States and South Korea agreed on Saturday to implement liquidity facilities to stabilise financial...

Published 01 Oct, 2022 11:51am

Markets

Wall Street deep in bear market as S&P 500 hits new two-year low

NEW YORK: Wall Street’s main indexes sank deeper into a bear market on Tuesday as an early rally in stocks ...

Published 28 Sep, 2022 05:51am

Markets

Wall Street Week Ahead: Investors wonder when vicious sell-off in US stocks will end

NEW YORK: A week of heavy selling has rocked US stocks and bonds, and many investors are bracing for more pain ...

Published 26 Sep, 2022 06:07am

Markets

World markets plunge on growing recession fears

LONDON: Stock markets tumbled, the pound crashed against the dollar and oil prices slumped Friday on growing...

Published 26 Sep, 2022 06:07am

Markets

Tech, financial stocks drag Wall Street lower as growth concerns mount

NEW YORK: Technology and financial stocks pulled Wall Street’s main indexes lower for a third straight session on...

Published 23 Sep, 2022 05:50am

Business & Finance

Indian shares fall

BENGALURU: Indian shares ended lower on Thursday, while the rupee closed at a record low, after the US Federal...

Published 23 Sep, 2022 05:50am

World

Central banks raise rates again as Fed drives global inflation fight

FRANKFURT: A host of central banks from across the world raised interest rates again on Thursday, following the U.S....

Published 22 Sep, 2022 06:14pm

Markets

Wall Street returns to positive stance after brief post-Fed wobble

WASHINGTON: Wall Street’s main indexes returned to positive territory in mid-afternoon trading on Wednesday after ...

Published 22 Sep, 2022 06:34am

Markets

Saudi snaps 4-day losing streak in broader Gulf rebound

DUBAI: Most stock markets in the Gulf rebounded on Tuesday, with the Saudi index snapping a four-day losing streak,...

Published 21 Sep, 2022 05:57am

Business & Finance

US dollar gains ahead of Fed; Swedish crown falls after hike

LONDON/NEW YORK: The dollar rose on Tuesday, trading near a two-decade high, as investors held firm on expectation ...

Published 21 Sep, 2022 05:57am

Markets

Gulf bourses slide on elevated interest rate worries

DUBAI: Gulf stocks ended lower on Monday amid concerns that central banks around the world are certain to increase...

Published 20 Sep, 2022 05:51am

Markets

Wall St Week Ahead: As markets churn, investors hide in cash despite surging inflation

NEW YORK: A tough year in markets is leading some investors to seek refuge in cash, as they capitalize on higher...

Published 19 Sep, 2022 05:45am

Opinion

No way around another recession?

This is turning out to be a sombre week for international markets as they digest the upside August inflation ...

Published 15 Sep, 2022 05:57am

Business & Finance

Sterling creeps higher

LONDON: Sterling tiptoed up on Tuesday despite data showing Britain’s jobs boom is fading, as the employment ...

Published 14 Sep, 2022 04:45am

Markets

Wall Street scores first weekly gain since mid-August

NEW YORK: US stocks rallied on Friday, with the major indexes recording their first weekly gain in four weeks as...

Published 12 Sep, 2022 06:01am

Markets

Wall St Week Ahead: More worries for US stocks, bonds: Fed ramps up ‘QT’

NEW YORK: As the Federal Reserve accelerates the unwinding of its balance sheet this month, some investors worry ...

Published 12 Sep, 2022 06:01am

World

On Fed rate hikes, George calls for steadiness over speed

Kansas City Federal Reserve Bank President Esther George on Friday made the case for a “sustained policy response”...

Published 09 Sep, 2022 09:25pm

Markets

Asian markets rally, dollar dips as traders price in policy tightening

HONG KONG: Asian markets rallied Friday following a healthy performance on Wall Street, with investors largely...

Published 09 Sep, 2022 09:18am

World

Fed’s Powell hopeful inflation can be tamed without pain of Volcker era

WASHINGTON: The Federal Reserve is “strongly committed” to fighting inflation, but there remains hope it can be done...

Published 08 Sep, 2022 08:49pm

Business & Finance

Walmart latest to tap bond market with $5bn offerings

Walmart Inc will raise $5 billion in bond offerings, joining a host of big retailers and restaurant chains to tap...

Published 07 Sep, 2022 04:26pm

Markets

Asian markets mixed as US jobs offset by recession fears

HONG KONG: Asian markets were mixed Monday as the positive vibes from a US jobs report were offset by growing fears...

Published 05 Sep, 2022 10:13am

Markets

Wall Street Week Ahead: Defensives, energy, dividend plays gain favour as market swoons anew

NEW YORK: Fresh volatility in US stocks is pushing some investors to hunker down in areas of the market that have...

Published 05 Sep, 2022 06:04am

Markets

Wall Street slumps for 4th straight session on Fed outlook

NEW YORK: US stocks were lower for a fourth straight session on Wednesday and were poised for their weakest August...

Published 01 Sep, 2022 05:50am

Markets

Japanese shares track Wall Street lower but post second monthly gain

TOKYO: Japanese shares posted their second straight monthly gain on Wednesday, even as benchmark indexes closed ...

Published 01 Sep, 2022 05:50am

World

Fed’s Mester: interest rates need to rise ‘somewhat above’ 4%

The U.S. Federal Reserve will need to raise interest rates somewhat above 4% by early next year and then hold them...

Published 31 Aug, 2022 05:43pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 10 786 Investments Limited(786)	5.74 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 10 Al-Abbas Sugar Mills Limited(AABS)	526 ▼ 0.00 (0.00%)
Agro Allianz / Dec 10 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 10 Allied Bank Limited(ABL)	90.51 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 10 Abbott Laboratories (Pakistan) Limited(ABOT)	500.43 ▼ 0.00 (0.00%)
Abson Ind. / Dec 10 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 10 Alfalah Consumer Index ETF.(ACIETF)	10.99 ▼ 0.00 (0.00%)
Attock Cement / Dec 10 Attock Cement Pakistan Limited(ACPL)	105.15 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 10 786 Investments Limited(786)	5.74 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 10 Al-Abbas Sugar Mills Limited(AABS)	526 ▲ 0.00 (0.00%)
Agro Allianz / Dec 10 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 10 Allied Bank Limited(ABL)	90.51 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 10 Abbott Laboratories (Pakistan) Limited(ABOT)	500.43 ▲ 0.00 (0.00%)
Abson Ind. / Dec 10 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 10 Alfalah Consumer Index ETF.(ACIETF)	10.99 ▲ 0.00 (0.00%)
Attock Cement / Dec 10 Attock Cement Pakistan Limited(ACPL)	105.15 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Dec 10 K-Electric Limited(KEL)	342,535,258 ▲ 0.00
WorldCall Telecom / Dec 10 Worldcall Telecom Limited(WTL)	98,557,282 ▲ 0.00
P.T.C.L. / Dec 10 Pakistan Telecommunication Company Ltd(PTC)	58,736,500 ▲ 0.00
Kohinoor Spining / Dec 10 Kohinoor Spinning Mills Limited(KOSM)	56,593,500 ▲ 0.00
Fauji Foods Ltd / Dec 10 Fauji Foods Limited(FFL)	47,998,197 ▲ 0.00
Cnergyico PK / Dec 10 Cnergyico PK Limited(CNERGY)	46,684,647 ▲ 0.00
B.O.Punjab / Dec 10 The Bank of Punjab(BOP)	32,876,325 ▲ 0.00
Pak Elektron / Dec 10 Pak Elektron Limited(PAEL)	29,819,540 ▲ 0.00
Hascol Petrol / Dec 10 Hascol Petroleum Limited(HASCOL)	27,935,500 ▲ 0.00
Pak Int.Bulk / Dec 10 Pakistan International Bulk Terminal(PIBTL)	25,443,500 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 8	284.30
USD PKR Interbank Buying / Dec 8	283.95
USD to Japanese Yen / Dec 8	144.95
USD to Swiss Franc / Dec 8	0.88
Pound Sterling to USD / Dec 8	1.25
Euro to USD / Dec 8	1.08
UK LIBOR % / Dec 8	5.48

Stock	Volume
S&P 500 / Dec 8	4604.37
India Sensex / Dec 8	69825.60
Tokyo Nikkei / Dec 8	32307.86
Nasdaq / Dec 8	14403.97
Hang Seng / Dec 8	16334.37
FTSE 100 / Dec 8	7554.47
Dow Jones / Dec 8	36247.87
Germany DAX 30 / Dec 8	16759.22
France CAC40 / Dec 8	7526.55

Item	Value
Crude Oil USD/Barrel / Dec 8	71.23
Karachi Cotton PKR/37.32 KG / Dec 8	17235
Gold 10 Grams PKR / Dec 8	187414
Gold Spot USD/Ounce / Dec 8	2004.67
Cotton US¢/pound / Dec 8	81.44

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