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FOMC

European shares rise on retail, healthcare boost

PARIS: Europe’s benchmark index rose on Wednesday, led by healthcare and retail stocks, with investors bracing for...

Published 02 Nov, 2023 03:16am

Markets

Wall Street muted as investors digest inflation data

NEW YORK: Wall Street’s main indexes were subdued in choppy trading on Thursday, as data showed consumer prices...

Published 13 Oct, 2023 05:50am

Business & Finance

Fed should proceed ‘carefully’ on rate hikes: officials

WASHINGTON: The US Federal Reserve should proceed carefully when deciding whether or not to hike interest rates...

Published 10 Oct, 2023 06:19am

Markets

Australia, NZ dollars calm ahead of central bank moves this week

SYDNEY: The Australian and New Zealand dollars were calm on Monday ahead of a slew of central bank rate decisions...

Published 18 Sep, 2023 10:05am

Markets

US Fed likely to pause rate hikes despite higher inflation

WASHINGTON: The US Federal Reserve is widely expected to hold interest rates steady on Wednesday after a summer of...

Published 17 Sep, 2023 12:35pm

Opinion

Fed doublespeak

Traders with long US equity and long dollar positions that laughed all the way to the bank after the Fed’s latest...

Updated 03 Aug, 2023 06:34am

Markets

Rupee ends 8-session losing streak, settles at 287.04 against US dollar

Currency appreciates 0.52% in inter-bank market

Updated 26 Jul, 2023 09:27pm

Editorials

Caution from Basle

EDITORIAL: The Bank for International Settlements (BIS), the global umbrella body for central banks, sure poured ...

Updated 08 Jul, 2023 06:58am

Business & Finance

US Fed official says more rate hikes necessary

WASHINGTON: A senior US Federal Reserve official said Thursday that additional interest rate hikes are needed to...

Published 23 Jun, 2023 06:00am

Business & Finance

Fed leaves rates steady, sees two small hikes by end of 2023

WASHINGTON: The Federal Reserve kept interest rates unchanged on Wednesday but signaled in new economic projections...

Published 15 Jun, 2023 06:03am

Divided Fed expected to rally around a US interest rate pause

WASHINGTON: The US Federal Reserve is widely expected to pause its campaign of interest rate increases on Wednesday...

Updated 12 Jun, 2023 08:40am

Business & Finance

Top Fed official sees rates rising and staying high

WASHINGTON: US interest rates are likely to rise further, and will need to remain high to effectively tackle...

Published 22 Apr, 2023 03:38am

Business & Finance

Dollar dips before Fed rate decision

NEW YORK: The dollar fell on Wednesday before the Federal Reserve is expected to hike interest rates by an ...

Published 02 Feb, 2023 06:12am

Markets

Dollar rises as inflation pressures persist; FOMC meeting in focus

SINGAPORE: The dollar firmed on Monday after data showed producer prices in the United States rose more than...

Published 12 Dec, 2022 09:40am

Markets

Yields rise, FOMC minutes in focus

NEW YORK: US Treasury yields rose on Friday on expectations that the Federal Reserve will continue hiking rates ...

Published 21 Nov, 2022 05:59am

Markets

Rupee marginally weakens against US dollar, settles at 221.91

Currency has remained largely stable in recent weeks

Updated 15 Nov, 2022 09:02pm

Business & Finance

US dollar climbs as Fed likely to deliver another big hike; sterling slumps

NEW YORK/LONDON: The dollar gained across the board on Monday, regaining some ground it lost earlier in the month,...

Published 01 Nov, 2022 05:55am

Fed set for further steep rate hike as recession fears loom

WASHINGTON: The US Federal Reserve is pegged to make a fourth straight steep hike in the key interest rate this week...

Updated 31 Oct, 2022 10:27am

Markets

4th successive decline: rupee settles at 218.89 against US dollar

Depreciates 0.21% in inter-bank market on Monday

Updated 17 Oct, 2022 07:45pm

Fed unveils 75-basis-point rate hike

Move aimed at cooling down most intense breakout of inflation since the 1980s

Updated 28 Jul, 2022 10:56am

Markets

Japan’s Nikkei ends flat ahead of Fed meeting outcome

TOKYO: Japan’s Nikkei ended flat on Wednesday in cautious trade ahead of a crucial policy decision by the U.S....

Published 16 Dec, 2021 04:00am

Markets

US Fed poised to face down inflation dragon

WASHINGTON: After more than a decade of tame inflation, a wave of prices increases has washed through the US ...

Published 15 Dec, 2021 11:35am

Business & Finance

US Fed opens policy meeting focused on inflation threat

WASHINGTON: The Federal Reserve opened its two-day policy meeting on Tuesday, focused squarely on how to address the...

Updated 14 Dec, 2021 08:25pm

Business & Finance

Japan’s 10-year bond yields gain

TOKYO: Japan’s 10-year government bond yields rose on Friday amid cautious trade ahead of US inflation data and...

Published 13 Dec, 2021 06:45am

Business & Finance

Australia, NZ dollars under pressure on Fed tapering

SYDNEY: The Australian and New Zealand dollars remained under pressure on Wednesday having hit their lowest levels ...

Published 02 Dec, 2021 03:57am

Business & Finance

Dollar retreats as risk appetite rebounds

NEW YORK: The dollar fell across the board on Thursday as improved risk sentiment in global financial markets erased...

Published 24 Sep, 2021 04:40am

Fed expected to stay cautious as economy sends mixed signals

WASHINGTON: With the United States on the upswing from the Covid-19 pandemic, the Federal Reserve is expected to...

Published 20 Sep, 2021 06:41am

Business & Finance

Dollar sags as weaker-than-expected US inflation continues to weigh

NEW YORK: The dollar weakened against major currencies on Wednesday after softer-than-expected U.S. inflation data...

Published 16 Sep, 2021 04:02am

Markets

Tokyo stocks open higher

Tokyo shares are likely to stay within the current range

Published 06 Jul, 2021 10:10am

Business & Finance

Early trade in NY: Dollar little changed to slightly higher

NEW YORK: The dollar was little changed to slightly higher on Thursday, with most currencies trading within narrow...

Published 02 Jul, 2021 04:19am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 2 786 Investments Limited(786)	5.85 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 2 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▼ 0.00 (0.00%)
Agro Allianz / Dec 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 2 Allied Bank Limited(ABL)	85.40 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 2 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▼ 0.00 (0.00%)
Abson Ind. / Dec 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 2 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▼ 0.00 (0.00%)
Attock Cement / Dec 2 Attock Cement Pakistan Limited(ACPL)	96.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 2 786 Investments Limited(786)	5.85 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 2 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▲ 0.00 (0.00%)
Agro Allianz / Dec 2 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 2 Allied Bank Limited(ABL)	85.40 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 2 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▲ 0.00 (0.00%)
Abson Ind. / Dec 2 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 2 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▲ 0.00 (0.00%)
Attock Cement / Dec 2 Attock Cement Pakistan Limited(ACPL)	96.07 ▲ 0.00 (0.00%)

Stock	Volume
Maple Leaf Cement / Dec 2 Maple Leaf Cement Factory Limited(MLCF)	43,072,746 ▲ 0.00
Pak Elektron / Dec 2 Pak Elektron Limited(PAEL)	39,797,114 ▲ 0.00
Fauji Fert Bin / Dec 2 Fauji Fertilizer Bin Qasim Limited(FFBL)	27,568,000 ▲ 0.00
Fauji Cement / Dec 2 Fauji Cement Company Limited(FCCL)	27,255,000 ▲ 0.00
Hum Network / Dec 2 Hum Network Limited(HUMNL)	22,004,000 ▲ 0.00
WorldCall Telecom / Dec 2 Worldcall Telecom Limited(WTL)	17,256,413 ▲ 0.00
D.G.K.Cement / Dec 2 D.G. Khan Cement Company Limited(DGKC)	14,240,764 ▲ 0.00
Air Link Com. / Dec 2 Air Link Communication Limited(AIRLINK)	13,542,140 ▲ 0.00
Dewan Cement / Dec 2 Dewan Cement Limited(DCL)	12,062,500 ▲ 0.00
K-Electric Ltd. / Dec 2 K-Electric Limited(KEL)	10,296,343 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 1	285.15
USD PKR Interbank Buying / Dec 1	284.95
USD to Japanese Yen / Dec 1	146.82
USD to Swiss Franc / Dec 1	0.87
Pound Sterling to USD / Dec 1	1.27
Euro to USD / Dec 1	1.09
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 1	4594.63
India Sensex / Dec 1	67481.19
Tokyo Nikkei / Dec 1	33431.51
Nasdaq / Dec 1	14305.03
Hang Seng / Dec 1	16830.30
FTSE 100 / Dec 1	7529.35
Dow Jones / Dec 1	36245.50
Germany DAX 30 / Dec 1	16397.52
France CAC40 / Dec 1	7346.15

Item	Value
Crude Oil USD/Barrel / Dec 1	74.07
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Gold 10 Grams PKR / Dec 1	189043
Gold Spot USD/Ounce / Dec 1	2072.22
Cotton US¢/pound / Dec 1	79.42

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