Topic

fiscal stimulus

The 1970s all over again? Stagflation debate splits Wall St

Published 27 Oct, 2021 11:46am

NEW YORK: Phil Orlando has not heard this many people mentioning stagflation since he was a financial journalist in...

US consumer confidence vaults to 14-month high in April

Published 27 Apr, 2021 07:48pm

The Conference Board said on Tuesday its consumer confidence index raced to a reading of 121.7 this month. That was the highest level since February 2020, just before the onset of the COVID-19 pandemic, and followed a reading of 109.0 in March. Economists polled by Reuters had forecast the index increasing to a reading of 113.0 in April.

Dollar General to hire up to 20,000 workers as economy rebounds

Published 14 Apr, 2021 05:29pm

But the number was lower than the more than 50,000 workers the company hired around the same time last year, which was nearly double its normal hiring rate, to support a surge in sales at its stores at the height of COVID-19 lockdowns.
The discount retailer said in a statement on Wednesday that it would host hiring events from this month to fill positions in its stores, distribution centers and corporate offices.

US weekly jobless claims unexpectedly rise

Published 08 Apr, 2021 06:21pm

Initial claims for state unemployment benefits totaled a seasonally adjusted 744,000 for the week ended April 3 compared to 728,000 in the prior week, the Labor Department said on Thursday.
The labor market has regained its footing after stumbling in December, thanks to the White House's massive $1.9 trillion pandemic rescue package and an acceleration in the pace of vaccinations against COVID-19, which are allowing more services businesses to resume operations.

Vaccines, fiscal stimulus power U.S. employment; economy blooming

Published 03 Apr, 2021 10:49am

The Labor Department’s closely watched employment report on Friday also showed job gains in February were larger than initially estimated.

US/German 10-year yield gap at 13-month high as bonds await Fed

Published 17 Mar, 2021 05:35pm

Bond yields rise ahead of Fed.
Gap between US, German 10-year yields widest since Feb 2020.
Greece to raise 2.5 billion euros from 30-year bond sale.

Canadian dollar keeps pace with broadly stronger greenback

Updated 08 Mar, 2021 10:17pm

Loonie trades in a range of 1.2622 to 1.2699.
Price of US oil falls 1.2%.
Canada's 10-year yield touches a 14-month high at 1.545%.

Dollar hits three-month highs as Fed's Powell sticks to script

Published 05 Mar, 2021 10:33am

The franc weakened as far as 0.9297, the lowest since July 23. The yen reached 107.93, its weakest since July 1.

Firm US yields keep gold under pressure

Published 03 Mar, 2021 10:45am

Fed officials, however, maintain that they will keep their easy money plans in place even in the face of a potential bout of inflation this spring in an economy boosted by vaccines and government spending.

UK bond yields head for biggest weekly rise since June

Published 19 Feb, 2021 08:57pm

Based their latest level they are on course of just under 17 basis points the biggest since the week to June 5.
Sterling also rose above $1.40 for the first time in nearly three years on Friday although it was flat against the euro.

Dollar slides to two-week low as tame inflation, US yields weigh

Published 11 Feb, 2021 09:54am

The dollar gained 0.1% against the yen to 104.64 yen. The Japanese currency earlier hit its highest against the greenback since Jan. 29.

Stocks, oil rise in Asia after US records

Published 09 Feb, 2021 12:22pm

Spot gold rose 0.37% to $1,837 an ounce as expectations of a large US economic stimulus package bolstered its appeal as an inflation hedge.

Most JGB yields fall after solid 40-year auction

Published 26 Jan, 2021 10:46am

The 10-year JGB yield fell 0.5 basis point to 0.030%, while the 20-year JGB yield fell 1 basis point to 0.435%.

BR100
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KSE30
KMI30

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 4	159.92
USD to Swiss Franc / Jun 4	0.79
Pound Sterling to USD / Jun 4	1.34
Euro to USD / Jun 4	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
Nasdaq / Jun 3	26,853.97
Dow Jones / Jun 3	50,687.07
India Sensex / Jun 4	74,289.24
Tokyo Nikkei / Jun 4	67,399.25
Hang Seng / Jun 4	25,221.79
FTSE 100 / Jun 4	10,349.70
Germany DAX 30 / Jun 4	24,899.30
France CAC40 / Jun 4	8,185.81

Item	Value
Gold 10 Grams PKR / Jun 3	401,030
Petrol/Litre / Jun 4	381.78
Crude Oil USD/Barrel / Jun 4	95.52
Gold Spot USD/Ounce / Jun 4	4,475.32
Diesel/Litre / Jun 4	380.78
Cotton US¢/pound / Jun 4	80.34

Gainers
Losers
Leaders

Stock	Price
First Dawood Prop. / Jun 4 First Dawood Properties Limited(FDPL)	5.19 ▲ 0.62 (13.57%)
Azgard Nine (Non-Voti) / Jun 4 Azgard Nine (Non-Voti)(ANLNV)	8.40 ▲ 0.97 (13.06%)
Escorts Bank / Jun 4 Escorts Investment Bank Limited(ESBL)	13.59 ▲ 1.24 (10.04%)
First IBL Mod. / Jun 4 First IBL Modaraba(FIBLM)	11.41 ▲ 1.04 (10.03%)
Ruby Textile / Jun 4 Ruby Textile Mills Limited(RUBY)	18.67 ▲ 1.7 (10.02%)
Tri-Star Power / Jun 4 Tri-Star Power Limited(TSPL)	15.38 ▲ 1.4 (10.01%)
Ansari Sug. / Jun 4 Ansari Sugar Mills Limited(ANSM)	15.72 ▲ 1.43 (10.01%)
Grays Leasing / Jun 4 Grays Leasing Limited(GRYL)	22.98 ▲ 2.09 (10%)
Ideal Spinning / Jun 4 Ideal Spinning Mills Limited(IDSM)	79.73 ▲ 7.25 (10%)
Kohat Textile / Jun 4 Kohat Textile Mills Limited(KOHTM)	90.73 ▲ 8.25 (10%)

Stock	Price
Crescent Cotton / Jun 4 Crescent Cotton Mills Limited(CCM)	36.91 ▼ -2.69 (-6.79%)
Ghazi Fabrics / Jun 4 Ghazi Fabrics International Limited(GFIL)	32 ▼ -2.25 (-6.57%)
Shams Textile / Jun 4 Shams Textile Mills Limited(STML)	39.03 ▼ -2.58 (-6.2%)
Aisha Steel(ConPS) / Jun 4 Aisha Steel(ConPS)(ASLPS)	28.06 ▼ -1.72 (-5.78%)
Ashfaq Textile / Jun 4 Ashfaq Textile Mills Limited(ASHT)	33.25 ▼ -1.89 (-5.38%)
Mughal Energy / Jun 4 Mughal Energy Limited(GEM)(GEMMEL)	21.30 ▼ -1.18 (-5.25%)
Shadman Cotton / Jun 4 Shadman Cotton Mills Limited(SHCM)	47.43 ▼ -2.45 (-4.91%)
Premier Sugar / Jun 4 The Premier Sugar Mills(PMRS)	423.01 ▼ -20.78 (-4.68%)
Gulistan Sp. / Jun 4 Gulistan Spinning Mills Limited(GUSM)	7.06 ▼ -0.32 (-4.34%)
First AL-Noor Mod. / Jun 4 First Al-Noor Modaraba(FANM)	6.60 ▼ -0.28 (-4.07%)

Stock	Volume
Beco Steel Ltd / Jun 4 Beco Steel Limited(BECO)	112,742,147 ▲ 0.26
Pak Int.Bulk / Jun 4 Pakistan International Bulk Terminal(PIBTL)	32,085,063 ▲ 0.65
WorldCall Telecom / Jun 4 Worldcall Telecom Limited(WTL)	30,602,865 ▼ -0.01
Hascol Petrol / Jun 4 Hascol Petroleum Limited(HASCOL)	29,547,446 ▲ 0.88
TPL Properties / Jun 4 TPL Properties Limited(TPLP)	22,915,829 ▲ 0.56
P.T.C.L. / Jun 4 Pakistan Telecommunication Company Ltd(PTC)	21,952,752 ▲ 2.38
Dewan Cement / Jun 4 Dewan Cement Limited(DCL)	21,604,812 ▲ 0.03
Kohinoor Spinning / Jun 4 Kohinoor Spinning Mills Limited(KOSM)	20,173,269 ▼ -0.13
Maple Leaf Cement / Jun 4 Maple Leaf Cement Factory Limited(MLCF)	18,998,070 ▲ 1.39
B.O.Punjab / Jun 4 The Bank of Punjab(BOP)	18,802,886 ▲ 0.24

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