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Federal Reserve

US dollar rallies after jobs report

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

Published 08 Jun, 2024 07:00am

World

Fed seen more likely to cut rates in Sept after PCE data

The Federal Reserve is more likely to deliver a long-awaited rate cut in September after a U.S. Commerce Department...

Published 31 May, 2024 07:05pm

Markets

China stocks close down as investors await inflation data

SHANGHAI: Chinese stocks closed down on Tuesday as traders awaited key inflation data from major economies this week...

Published 29 May, 2024 06:05am

Markets

Qatar index hits 7-month low as most Gulf bourses slip

DUBAI: Stock markets in the Gulf slipped on Monday as investors turned cautious ahead of the US inflation data this...

Published 28 May, 2024 05:30am

Markets

Oil prices rise after positive US economic data

LONDON: Oil futures rose on Thursday bolstered by slower than expected inflation and a stabilising U.S. job market,...

Updated 16 May, 2024 07:37pm

Business & Finance

Fed gets some good news on inflation progress

Federal Reserve policymakers waiting to see renewed progress on inflation before reducing borrowing costs got some...

Published 15 May, 2024 08:53pm

Business & Finance

US Fed official now sees just one rate cut at end of 2024

WASHINGTON: The current strength of the US economy means the Federal Reserve should cut interest rates just once...

Published 03 Apr, 2024 09:50pm

Business & Finance

US Fed official predicts higher long-term interest rates

WASHINGTON: A senior Federal Reserve official confirmed Tuesday that she recently raised her prediction for interest...

Published 02 Apr, 2024 09:52pm

Business & Finance

US Fed expected to keep rates on hold and debate timing of cuts

WASHINGTON: The US Federal Reserve could provide additional clues on Wednesday about how much it will cut interest...

Published 20 Mar, 2024 06:36pm

Business & Finance

US Fed kicks off rate meeting with timing of cuts up for discussion

WASHINGTON: The US Federal Reserve began two days of discussions on Tuesday at which policymakers are expected to...

Published 19 Mar, 2024 07:17pm

Markets

Dollar steadies as traders weigh hotter-than-expected inflation

TOKYO: The US dollar held steady against a handful of rival currencies on Wednesday, as traders weighed what impact...

Published 13 Mar, 2024 09:55am

Business & Finance

Asian FX in ‘wait and watch’ mode ahead of US CPI

BENGALURU: Most Asian currencies were subdued on Tuesday as traders refrained from making fresh bets ahead of a key...

Published 13 Mar, 2024 06:31am

Markets

SBP-held foreign exchange reserves decrease $173mn, now stand at $8.04bn

Central bank attributes decrease in reserves to debt repayments

Published 09 Feb, 2024 08:09pm

Markets

Hong Kong stocks open slightly higher

HONG KONG: Hong Kong stocks opened with small gains Thursday following a two-day plunge, as traders brushed off...

Published 01 Feb, 2024 12:51pm

Business & Finance

Asian currencies hit multi-month lows

BENGALURU: Most Asian currencies hit multi-month lows on Wednesday, after the US dollar received a boost from bets...

Published 01 Feb, 2024 04:52am

Business & Finance

US Fed rate decision could hold clues on timing of future cuts

WASHINGTON: The US Federal Reserve is almost certain to hold its key lending rate steady for a fourth consecutive...

Published 31 Jan, 2024 08:15pm

Markets

S&P 500 hits fresh high after inflation data

NEW YORK: The benchmark S&P 500 scaled another record high on Friday after an in-line inflation print signaling...

Published 27 Jan, 2024 06:20am

Business & Finance

Dollar retreats after inflation data

NEW YORK: The US dollar fell on Friday, after data showed inflation rose modestly in December but was trending ...

Published 27 Jan, 2024 06:20am

Markets

Wall Street Week Ahead: Epic Treasury rally may be running out of fuel as Fed pivot priced in

NEW YORK: A surge in US government bonds has helped lift stocks and heightened investors’ appetite for risk. Now...

Published 18 Dec, 2023 06:42am

World

Fed seen on policy hold until May as inflation edges up

The Federal Reserve is seen holding off on any interest-rate cuts until at least May of next year, after a...

Updated 12 Dec, 2023 10:41pm

Markets

European shares climb ahead of economic data, Fed’s Powell remarks

European shares gained on Friday as investors cheered growing prospects of rate cuts on cooler-than-expected...

Published 01 Dec, 2023 02:40pm

Markets

Wall St pares gains as rate-cut cheer ebbs after latest Fed comments

NEW YORK: Wall Street’s three main indexes were muted at mid-day after a strong start on Wednesday, following...

Published 30 Nov, 2023 04:53am

Business & Finance

US Fed official ‘encouraged’ by progress against inflation

WASHINGTON: The US Federal Reserve is making encouraging progress in the fight against inflation, a senior bank...

Published 28 Nov, 2023 08:26pm

Markets

IT stocks power Indian blue-chips to four-week highs

BENGALURU: Indian blue-chip indexes shrugged off a weak start on Thursday to end at four-week highs as IT stocks...

Published 17 Nov, 2023 06:06am

World

US weekly jobless claims rise more than expected

WASHINGTON: The number of Americans filing new claims for unemployment benefits increased more than expected last...

Published 16 Nov, 2023 06:54pm

Markets

Dollar holds ground as macro data hints at later Fed rate cut

TOKYO: The dollar held its ground early on Thursday after a volatile two days that saw sharp declines followed by a...

Published 16 Nov, 2023 09:47am

Markets

Wall St inches up as markets await Fed speakers amid rate-cut hopes

NEW YORK: Wall Street’s main indexes edged higher on Monday as investors geared up for commentary by a slew of...

Published 07 Nov, 2023 06:33am

Markets

India rupee to rally after data reaffirms Fed done with rate hikes

MUMBAI: The Indian rupee is expected to rise at open on Monday after softer-than-expected US jobs data reinforced...

Published 06 Nov, 2023 11:19am

Markets

Wall Street Week Ahead: Stock investors see green light in falling Treasury yields

NEW YORK: Hopes that a rout in Treasuries has run its course are tempting some investors back into the US stock...

Published 06 Nov, 2023 05:27am

Business & Finance

US Fed poised to keep rates unchanged as it opens key meeting

WASHINGTON: The US central bank opened a key policy meeting Tuesday, with officials widely expected to hold interest...

Published 31 Oct, 2023 07:50pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 12	278.72
USD PKR Interbank Buying / Jun 12	278.47
USD to Japanese Yen / Jun 13	157.03
USD to Swiss Franc / Jun 13	0.90
Pound Sterling to USD / Jun 13	1.28
Euro to USD / Jun 13	1.08

Stock	Volume
S&P 500 / Jun 13	5421.03
India Sensex / Jun 13	76818.22
Tokyo Nikkei / Jun 13	38793.17
Nasdaq / Jun 13	17608.44
Hang Seng / Jun 13	18017.22
FTSE 100 / Jun 13	8215.48
Dow Jones / Jun 13	38712.21
Germany DAX 30 / Jun 13	18630.86

Item	Value
Petrol/Litre / Jun 13	268.36
Crude Oil USD/Barrel / Jun 13	78.31
Karachi Cotton PKR/37.32 KG / Jun 13	19935
Gold 10 Grams PKR / Jun 13	207390
Gold Spot USD/Ounce / Jun 13	2311.94
Diesel/Litre / Jun 13	270.22

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 13 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 13 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 13 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 13 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 13 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 13 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 13 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 13 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 13 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 13 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 13 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 13 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 13 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 13 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 13 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 13 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 13 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 13 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 13 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 13 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 13 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 13 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 13 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 13 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 13 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 13 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 13 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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