Trends - Federal Reserve - Business Recorder

Federal Reserve

Oil mixed after US stock build, big inflation figure

NEW YORK: Oil prices were little changed on Wednesday after US oil inventories rose and after US inflation figures...

Published 14 Jul, 2022 05:00am

World

US annual consumer inflation posts largest increase since 1981

WASHINGTON: U.S. annual consumer prices jumped 9.1% in June, the largest increase in more than four decades, leaving...

Published 13 Jul, 2022 10:53pm

Business & Finance

Dollar gains after US payrolls beat forecast

NEW YORK: The US dollar rose on Friday after data showed the world’s largest economy created more jobs than...

Published 09 Jul, 2022 03:57am

Markets

Wall Street slips ahead of Fed meeting minutes

NEW YORK: US stock indexes slipped on Wednesday as investors awaited minutes from the Federal Reserve’s meeting to...

Published 07 Jul, 2022 05:35am

Markets

Wall St falls in choppy trading on rate hike, growth concerns

NEW YORK: US stocks fell on Wednesday with a gloomy first-half of the year approaching its end, marred by concerns ...

Published 30 Jun, 2022 06:07am

Business & Finance

NY Fed to publish corporate bond market distress index

NEW YORK: The Federal Reserve of New York will publish monthly updates on the US corporate bond market to help...

Published 30 Jun, 2022 06:07am

Markets

Markets rise as recession talk tempers rate hike expectations

HONG KONG: Stocks climbed Friday following another rally on Wall Street as investors try to process central bank...

Published 27 Jun, 2022 06:06am

Markets

Wall Street edges higher after Powell’s remarks

NEW YORK: US stock indexes edged higher in choppy trading on Wednesday, with healthcare shares offsetting losses in...

Published 23 Jun, 2022 06:05am

Opinion

Will Fed chicken out of rate hike?

You can bet that US President Joe Biden expected better news out of Nato than its secretary-general Jens Stoltenberg...

Published 23 Jun, 2022 06:05am

Markets

Gold firms as economic fears return to centre stage

LONDON: Gold rose on Wednesday as renewed fears of a recession bolstered bullion’s allure as a safe haven and...

Published 23 Jun, 2022 06:05am

Markets

US stocks retreat as Powell cautions on inflation

NEW YORK: Wall Street stocks fell early Wednesday, giving back some of the prior session’s gains as markets awaited...

Published 22 Jun, 2022 08:13pm

Business & Finance

Treasuries Yields close volatile week near their lows

NEW YORK: US Treasury yields held at lower levels on Friday after a volatile week that saw yields hit more than...

Published 20 Jun, 2022 05:51am

Markets

Wall St fights for footing after steep selloff on recession worries

NEW YORK: Wall Street’s main indexes struggled to find momentum on Friday following a brutal selloff this week due...

Published 18 Jun, 2022 06:00am

Markets

Wall Street sinks as recession fears ripple through markets

NEW YORK: US stock indexes tumbled on Thursday, with high-profile tech shares leading the rout, after the Federal...

Published 17 Jun, 2022 06:37am

Business & Finance

Canadian dollar falls

TORONTO: The Canadian dollar weakened against its US counterpart on Thursday as oil prices fell and interest rate...

Published 17 Jun, 2022 06:37am

Business & Finance

Fed hikes rates by 0.75 percentage point, flags slowing economy

WASHINGTON: The Federal Reserve raised its target interest rate by three-quarters of a percentage point on Wednesday...

Published 15 Jun, 2022 11:28pm

Opinion

US stocks’ bear market growl could beckon recession

The bear market in US stocks could be a prelude to even tougher times to come: a market swoon has often come...

Published 15 Jun, 2022 05:47am

Biden blames Republicans, Russia for soaring inflation

PHILADELPHIA: President Joe Biden on Tuesday blamed Republicans and the Russian invasion of Ukraine for soaring US...

Published 15 Jun, 2022 05:47am

Markets

Analysis: US stocks' bear market growl could beckon recession

NEW YORK: The bear market in U.S. stocks could be a prelude to even tougher times to come: a market swoon has often...

Published 14 Jun, 2022 10:59pm

Markets

S&P 500 on pace to confirm bear market on recession worries

NEW YORK: Wall Street’s main stock indexes fell sharply and the S&P 500 was on track to confirm a bear market...

Published 14 Jun, 2022 05:56am

Business & Finance

China’s yuan slips to two-week low

SHANGHAI: China’s yuan slipped to a more than two-week low against the dollar on Monday after soaring US inflation...

Published 14 Jun, 2022 05:56am

Markets

S&P 500 sinks 3.9%, ending in 'bear market' on inflation worries

NEW YORK,: Wall Street stocks officially entered a "bear market" Monday following another drubbing as markets bet on...

Updated 14 Jun, 2022 01:53am

Markets

US inflation hammers European shares amid recession fears

LONDON: European shares slumped 2.7% on Friday after US inflation came in hotter than expected, raising the prospect...

Published 13 Jun, 2022 06:19am

Business & Finance

Dollar edges up as stocks rally, inflation data eyed

NEW YORK: The dollar advanced modestly on Monday as a boost in risk appetite sent US equities higher and kept gains...

Published 07 Jun, 2022 05:47am

Markets

US yields rise to 2-week highs after solid payrolls data

NEW YORK: US Treasury yields rose to two-week highs on Friday after data showed the world’s largest economy ...

Published 06 Jun, 2022 05:57am

Business & Finance

Dollar higher after US job growth tops expectations

NEW YORK: The US dollar edged higher against a basket of currencies on Friday, after a better-than-expected US...

Published 04 Jun, 2022 04:18am

World

Solid U.S. job growth anticipated in May; unemployment rate seen at 3.5%

WASHINGTON: U.S. employment likely increased at a brisk clip in May, with the jobless rate expected to have dropped...

Published 03 Jun, 2022 12:20pm

Business & Finance

Microsoft warns of forex hit, cuts forecast

NEW YORK: Microsoft Corp on Thursday cut its fourth-quarter forecast for profit and revenue, making it the latest US...

Published 03 Jun, 2022 08:22am

Markets

S&P 500 down as Microsoft slips; Fed official’s comments weigh

NEW YORK: The S&P 500 and the Dow lost ground on Thursday after Microsoft made a surprise cut to its earnings...

Published 03 Jun, 2022 05:56am

Business & Finance

Biden, Fed chair discuss US inflation at White House

WASHINGTON: President Joe Biden on Tuesday holds a rare White House meeting with the head of the Federal Reserve,...

Published 01 Jun, 2022 05:53am

Gainers
Losers
Leaders

Stock	Price
Haseeb Waqas / Nov 30 Haseeb Waqas Sugar Mills Limited(HWQS)	10.38 ▲ 1.00 (10.66%)
Bela Auto / Nov 30 Bela Automotives Limited(BELA)	8.79 ▲ 0.81 (10.15%)
Dewan Sugar / Nov 30 Dewan Sugar Mills Limited(DWSM)	2.70 ▲ 0.21 (8.43%)
Sec. Inv. Bank / Nov 30 Security Investment Bank Limited(SIBL)	6.50 ▲ 0.46 (7.62%)
Bannu Woollen / Nov 30 Bannu Woollen Mills Limited(BNWM)	30.21 ▲ 2.11 (7.51%)
Chashma / Nov 30 Chashma Sugar Mills Limited(CHAS)	65.58 ▲ 4.58 (7.51%)
Crescent Steel / Nov 30 Crescent Steel & Allied Products Limited(CSAP)	43.53 ▲ 3.04 (7.51%)
IBL HealthCare / Nov 30 IBL HealthCare Limited(IBLHL)	39.95 ▲ 2.79 (7.51%)
Atlas Honda Ltd / Nov 30 Atlas Honda Limited(ATLH)	373.27 ▲ 26.04 (7.50%)
MithchellsFruit / Nov 30 Mitchells Fruit Farms Limited(MFFL)	245.32 ▲ 17.12 (7.50%)

Stock	Price
Nazir Cotton Mills / Nov 30 Nazir Cotton Mills Limited(NCML)	3.07 ▼ -0.83 (-21.28%)
Trust Mod. / Nov 30 Trust Modaraba(TRSM)	1.43 ▼ -0.17 (-10.63%)
Dar-es-Salaam / Nov 30 Dar-es-Salaam Textile Mills Limited(DSML)	8.30 ▼ -0.95 (-10.27%)
Trust Sec.& Brok. / Nov 30 Trust Securities & Brokerage Limited(TSBL)	9.06 ▼ -0.94 (-9.40%)
Jahangir Sidd(Pref) / Nov 30 Jahangir Sidd(Pref)(JSCLPSA)	8.51 ▼ -0.74 (-8.00%)
Ideal Sp. / Nov 30 Ideal Spinning Mills Limited(IDSM)	14.66 ▼ -1.19 (-7.51%)
AKD Hospitality / Nov 30 AKD Hospitality Limited(AKDHL)	159.28 ▼ -12.91 (-7.50%)
Blessed Tex. / Nov 30 Blessed Textiles Limited(BTL)	317.28 ▼ -25.72 (-7.50%)
Universal Network (GEM) / Nov 30 Universal Network Systems Limited (GEM)(GEMUNSL)	32.99 ▼ -2.67 (-7.49%)
Metro Steel / Nov 30 Metropolitan Steel Corporation Limited(MSCL)	21.37 ▼ -1.73 (-7.49%)

Stock	Volume
B.O.Punjab / Nov 30 The Bank of Punjab(BOP)	50,052,966 ▼ -0.21
Cnergyico PK / Nov 30 Cnergyico PK Limited(CNERGY)	35,689,157 ▼ -0.07
Pak Refinery / Nov 30 Pakistan Refinery Limited(PRL)	35,409,231 ▼ -0.13
Fauji Fert Bin / Nov 30 Fauji Fertilizer Bin Qasim Limited(FFBL)	32,650,500 ▲ 1.67
WorldCall Telecom / Nov 30 Worldcall Telecom Limited(WTL)	30,751,189 ▼ -0.01
Fauji Foods Ltd / Nov 30 Fauji Foods Limited(FFL)	30,039,307 ▲ 0.58
Kohinoor Spining / Nov 30 Kohinoor Spinning Mills Limited(KOSM)	23,573,500 ▼ -0.20
The Searle Co. / Nov 30 The Searle Company Limited(SEARL)	21,694,598 ▼ -0.38
Dewan Cement / Nov 30 Dewan Cement Limited(DCL)	21,032,000 ▲ 0.07
Fauji Cement / Nov 30 Fauji Cement Company Limited(FCCL)	15,482,500 ▲ 0.67

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 30	285.78
USD PKR Interbank Buying / Nov 30	285.23
USD to Japanese Yen / Nov 30	147.02
USD to Swiss Franc / Nov 30	0.87
Pound Sterling to USD / Nov 30	1.27
Euro to USD / Nov 30	1.10
UK LIBOR % / Nov 29	5.46

Stock	Volume
S&P 500 / Nov 29	4550.58
Nasdaq / Nov 29	14258.49
Dow Jones / Nov 29	35430.42
India Sensex / Nov 30	66809.11
Tokyo Nikkei / Nov 30	33486.89
Hang Seng / Nov 30	17042.88
FTSE 100 / Nov 30	7437.50
Germany DAX 30 / Nov 30	16203.24
France CAC40 / Nov 30	7279.08

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 29	17735
Gold 10 Grams PKR / Nov 29	185614
Crude Oil USD/Barrel / Nov 30	78.06
Gold Spot USD/Ounce / Nov 30	2044.28
Cotton US¢/pound / Nov 30	79.69

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