Topic

global economic recovery

Moody’s downgrades outlook on China credit rating over debt fears

Published 06 Dec, 2023 04:27am

BEIJING: Ratings agency Moody’s on Tuesday downgraded the outlook on China’s credit rating to “negative” ...

China’s March trade growth likely slowed

Published 14 Apr, 2022 04:55am

BEIJING: China’s export growth likely slowed in March as the Ukraine war inhibited global demand, while imports...

IMF chief warns of ‘significant economic risk’ from Ukraine conflict

Published 25 Feb, 2022 06:19am

WASHINGTON: IMF Managing Director Kristalina Georgieva on Thursday warned the conflict in Ukraine will have...

China shrugs off IMF warnings on zero-tolerance Covid approach

Published 27 Jan, 2022 04:05am

BEIJING: Beijing shrugged off IMF warnings about the economic impact of its aggressive anti-Covid policy, saying on...

Stock markets rise on Omicron optimism

Published 28 Dec, 2021 05:19pm

PARIS: Stock markets rose on Tuesday as investors appeared confident that the Omicron coronavirus variant will not...

Copper falls as global energy crisis spooks markets

Published 13 Oct, 2021 04:47am

LONDON: Copper prices fell on Tuesday as soaring energy costs raised concerns that the global economic recovery ...

PM steps up anti-stolen wealth drive

Updated 06 Oct, 2021 09:54am

Imran Khan addresses the World Leaders Summit Dialogue organised by the United Nations Conference on Trade and Development

WTO says goods trade surging past pre-pandemic level

Updated 05 Oct, 2021 09:36am

GENEVA: A resurgence of global economic activity has lifted merchandise trade above its pre-pandemic peak, the World...

Rubber futures higher

Published 05 Aug, 2021 04:34am

TOKYO: Japanese rubber futures finished higher on Friday, recording their biggest weekly gain in more than five...

Tokyo rubber at five-month high on demand hopes

Published 01 Aug, 2021 04:46am

SINGAPORE: Japanese rubber futures finished higher on Friday, recording their biggest weekly gain in more than five...

US current account deficit rises to 14-year high in the first quarter

Published 23 Jun, 2021 07:14pm

The Commerce Department said on Wednesday the current account deficit, which measures the flow of goods, services and investments into and out of the country, rose 11.8% to $195.7 billion last quarter.

Greater pricing power to help Canadian exporters withstand loonie surge

Published 12 Jun, 2021 05:04am

TORONTO: A stronger Canadian dollar is usually seen hurting exporters, but the nature of the global economic ...

Stocks rise as traders shrug off inflation spike

Updated 11 Jun, 2021 07:43pm

Data released Thursday showed the US inflation rate at its highest level in 13 years, but the S&P 500 still finished the day's trading at a record.

Asian markets rally as inflation fears ease

Published 25 May, 2021 04:47pm

Hong Kong jumped 1.8 percent, Shanghai climbed more than two percent, while Sydney put on one percent with Jakarta and Taipei up even more.

Early trade in NY: Dollar hangs near 4-month lows

Published 25 May, 2021 04:40am

NEW YORK: The dollar languished near four-month lows against major currencies on Monday as bets on a robust global...

Dollar broadly down in Europe

Published 25 May, 2021 04:40am

LONDON: The dollar was pinned near three-month lows against a basket of major currencies on Monday, as bets on a...

Dollar stuck near 3-month lows, bitcoin struggles

Published 24 May, 2021 02:22pm

The dollar index hovered around the 90 mark, broadly flat on the day and close to a three-month low of 89.646 hit on Friday.

Oil demand drops as virus surges: IEA

Published 13 May, 2021 03:10am

PARIS: Oil demand dropped last month as the coronavirus surged in India and elsewhere, the IEA said Wednesday, in a...

Oil prices set for weekly gain despite India virus surge

Published 08 May, 2021 03:30am

NEW YORK: Oil prices were little changed on Friday as the COVID-19 crisis in India worsened but prices were set for ...

US Treasury yields edge higher, day after hefty fall

Published 16 Apr, 2021 05:37pm

Ten-year Treasury yields fell more than 10 basis points on Thursday, the biggest one-day move down since early-November, Yields touched a low of 1.5280% -- well off 14-month highs hit recently above 1.77%.
On Friday, yields rose again to 1.56%, up 3.5 basis points on the day but still down eight bps from where the market opened on Thursday.

Gold prices fall in Asia

Published 30 Mar, 2021 05:45am

SINGAPORE: Gold prices fell in Asian trade on Monday as a stronger US dollar and hopes for a swift global economic...

Major Gulf markets gain as Suez Canal jam continues

Published 29 Mar, 2021 06:05am

DUBAI: Major stock markets in the Gulf ended higher on Sunday, as investors shrugged off the Suez Canal jam on hopes...

IMF sees signs of stronger global recovery, but significant risks remain

Published 20 Mar, 2021 10:09pm

IMF First Deputy Managing Director Geoffrey Okamoto said that in early April the Fund would update its January forecast for global growth of 5.5% to reflect additional fiscal stimulus spending in the United States, but gave no details.

Most Gulf markets up; Egypt’s shares ease

Published 17 Mar, 2021 04:45am

DUBAI: Most Gulf markets ended higher on Tuesday, tracking global shares, as investors anticipated the US Federal...

European stocks rise on recovery hopes

Published 15 Mar, 2021 06:08pm

Milan added 0.7 percent despite the re-imposition of lockdown restrictions in most of Italy to curb a new virus outbreak.

Oil dips after surge in US crude inventories

After having made considerable gains over the course of the month thus far, a combination of factors saw the rand retreat.
Both as it failed to make any headway beyond the support at 14.40 and on talk by an international bank suggesting that any long rand positions be squared out to its clients.

Copper touches fresh peak near 2012 highs

Published 17 Feb, 2021 04:24am

LONDON: Copper prices briefly touched their highest level since 2012 on Tuesday, extending a bull run driven by...

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

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)	5.20 ▲ 0.63 (13.79%)
Azgard Nine (Non-Voti) / Jun 4 Azgard Nine (Non-Voti)(ANLNV)	8.40 ▲ 0.97 (13.06%)
Paramount Spinning / Jun 4 Paramount Spinning Mills Limited(PASM)	7.45 ▲ 0.74 (11.03%)
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%)

Stock	Price
Ghazi Fabrics / Jun 4 Ghazi Fabrics International Limited(GFIL)	32 ▼ -2.25 (-6.57%)
Crescent Fib. / Jun 4 Crescent Fibres Limited(CFL)	56.10 ▼ -3.89 (-6.48%)
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%)
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%)
Colony Tex.Mills Ltd / Jun 4 Colony Textile Mills Limited(CTM)	7.68 ▼ -0.29 (-3.64%)
Olympia Mills / Jun 4 Olympia Mills Limited(OML)	30.14 ▼ -1.09 (-3.49%)
IGI Life Ins / Jun 4 IGI Life Insurance Limited(IGIL)	20.40 ▼ -0.72 (-3.41%)

Stock	Volume
Beco Steel Ltd / Jun 4 Beco Steel Limited(BECO)	109,882,905 ▲ 0.26
Pak Int.Bulk / Jun 4 Pakistan International Bulk Terminal(PIBTL)	31,357,953 ▲ 0.68
WorldCall Telecom / Jun 4 Worldcall Telecom Limited(WTL)	29,074,362 ▼ -0.01
Hascol Petrol / Jun 4 Hascol Petroleum Limited(HASCOL)	28,286,968 ▲ 0.84
TPL Properties / Jun 4 TPL Properties Limited(TPLP)	22,531,822 ▲ 0.53
P.T.C.L. / Jun 4 Pakistan Telecommunication Company Ltd(PTC)	20,667,552 ▲ 2.07
Dewan Cement / Jun 4 Dewan Cement Limited(DCL)	20,225,576 ▲ 0.11
Kohinoor Spinning / Jun 4 Kohinoor Spinning Mills Limited(KOSM)	19,908,053 ▼ -0.11
Maple Leaf Cement / Jun 4 Maple Leaf Cement Factory Limited(MLCF)	18,163,719 ▲ 1.38
B.O.Punjab / Jun 4 The Bank of Punjab(BOP)	17,902,279 ▲ 0.25

global economic recovery

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