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global markets

Wall Street slides over 1pc as Russia attacks Ukraine

NEW YORK: US stock indexes slid more than 1% on Thursday, led by losses in bank stocks, as Russia’s all-out...

Published 25 Feb, 2022 06:19am

Business & Finance

Furniture exports surge in 4 months

LAHORE: Pakistan Furniture Council (PFC) Chief Executive Officer Mian Kashif Ashfaq Sunday said Pakistan’s...

Published 13 Dec, 2021 06:45am

UAE to shift to Saturday-Sunday weekend in line with global markets

DUBAI: The United Arab Emirates will shift to a working week of four and half days with a Saturday-Sunday weekend...

Published 08 Dec, 2021 06:22am

Markets

Most Asia markets up but Hong Kong hit as Evergrande suspends trade

HONG KONG: Hong Kong stocks plunged Monday on concerns about the potential collapse of troubled property giant China...

Published 04 Oct, 2021 09:16am

Markets

US, European stocks rebound after Evergrande-driven rout

LONDON: US and European equities rebounded on Tuesday after fears over the possible collapse of Chinese property...

Published 22 Sep, 2021 03:48am

Markets

PKR fails to halt weekly slide

KARACHI: PKR failed to halt its weekly slide against major currencies in Pakistani markets. In five days of ...

Published 13 Sep, 2021 05:46am

World

After $4 billion in losses, Heathrow tells UK to open up travel

Wants Britain to allow fully vaccinated people from the US and EU to be able to travel into Britain without needing to quarantine for 10 days, and says that level of opening up would help fuel a stronger recovery

Updated 26 Jul, 2021 08:13pm

Business & Finance

Goldman Sachs rides global dealmaking boom to smash profit estimates

Deals worth $1.5 trillion were announced in the three months to June 30, more than any second quarter on record and up 13% from the record first quarter of the year, according to Refinitiv data.

Published 13 Jul, 2021 05:57pm

Pakistan

Seminar on importance of MRL in rice in global markets held

PESHAWAR: On the directions of Ministry of Commerce, Trade Development Authority Pakistan, in collaboration with ...

Published 07 Jul, 2021 04:28am

Opinion

Inflation: Fed’s hawkish overtones

Global markets will remain jittery after the US Fed unexpectedly signalled it could begin tapering its massive...

Published 21 Jun, 2021 03:43am

Business & Finance

Furniture industry has great potential to capture world market: PFC CEO

LAHORE: Pakistan’s furniture industry has a big potential to dominate global markets with innovative designs and...

Updated 16 May, 2021 10:38am

Markets

Hong Kong stocks down at lunch

The Hang Seng Index slipped 0.37 percent, or 103.21 points, to 27,910.60.

Published 12 May, 2021 11:57am

Markets

Global markets selloff spreads on inflation fears

London stocks dived 2.2 percent, Frankfurt slumped 2.3 percent and Paris shed 2.1 percent in early afternoon deals.

Published 11 May, 2021 05:56pm

Markets

South African rand reverses losses after U.S. CPI data

Investors mainly focused on U.S. inflation data for further indications on the direction of lending rates in the world's biggest economy.

Updated 14 Apr, 2021 12:00am

Business & Finance

Dollar up against majors in Europe

LONDON: The dollar held near its highest since November against major currencies on Friday, helped by optimism over...

Published 27 Mar, 2021 05:41am

Markets

Indian shares close nearly 1pc lower as financials slump; ICICI Bank weighs

The blue-chip NSE Nifty 50 index fell 0.95% to close at 15,030.95, while the benchmark S&P BSE Sensex shed 0.95% to end at 50,792.08.
"At these elevated levels, the (domestic) indexes are exposed to any triggers globally," said Siddhartha Khemka, head of retail research at Motilal Oswal Financial Services in Mumbai.

Published 12 Mar, 2021 05:16pm

Markets

Global markets rebound from last week's slump

London equities jumped 1.6 percent in late morning trade, while Frankfurt was up 1.2 percent and Paris added 1.5 percent just after midday in the eurozone.

Published 01 Mar, 2021 05:41pm

Plan aimed at tackling poverty, hunger proposed

ISLAMABAD: Prime Minister Imran Khan has proposed a five-point plan to deal with poverty and hunger in his address ...

Updated 18 Feb, 2021 09:23am

Markets

Australia shares poised to open slightly up

Global markets also appeared upbeat on investor expectations of further stimulus from Washington and economic revial hopes.

Published 08 Feb, 2021 10:14am

Business & Finance

Risk currencies down in Europe

LONDON: Riskier currencies such as the commodity-linked Australian dollar, Canadian dollar and the Norwegian crown...

Updated 29 Jan, 2021 09:40am

Business & Finance

Early trade in New York: Dollar rises as growth worries weigh on euro

NEW YORK: The dollar edged higher against the euro on Wednesday as the risk of extended lockdowns in Europe to ...

Published 21 Jan, 2021 04:23am

Business & Finance

Sterling rises above $1.37

LONDON: A combination of heightened risk appetite in global markets and UK-specific optimism lifted the pound on...

Published 21 Jan, 2021 04:23am

Business & Finance

Goldman Sachs profit more than doubles on underwriting, trading boost

Revenue from global markets, which houses the bank's flagship trading business, registered its best annual performance in a decade.
Total revenue climbed 18% to $11.74 billion. The bank's net earnings applicable to common shareholders rose to $4.36 billion.

Published 19 Jan, 2021 07:32pm

Markets

Dollar extends 2020 losing streak amid upbeat sentiment; yuan shines

Dollar softens against most majors; virus worries lift yen.
China's yuan soars.
Focus turns to Georgia Senate race.
Bitcoin slumps after stellar rally.

Published 04 Jan, 2021 07:32pm

Pakistan

Govt striving to create equitable opportunities for growth: President

The president called for adopting the strategy to cope with the changing scenario of the global markets and trends for economic benefits.

Published 31 Dec, 2020 12:40am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	278.52
USD PKR Interbank Buying / Apr 25	278.32
USD to Japanese Yen / Apr 25	155.60
USD to Swiss Franc / Apr 25	0.91
Pound Sterling to USD / Apr 25	1.25
Euro to USD / Apr 25	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
Nasdaq / Apr 24	15712.75
Dow Jones / Apr 24	38460.92
India Sensex / Apr 25	73780.80
Tokyo Nikkei / Apr 25	37628.48
Hang Seng / Apr 25	17264.90
FTSE 100 / Apr 25	8077.84
Germany DAX 30 / Apr 25	17994.97

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Crude Oil USD/Barrel / Apr 25	83.02
Gold Spot USD/Ounce / Apr 25	2325.45
Cotton US¢/pound / Apr 25	80.89
Petrol/Litre / Apr 26	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 26 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 26 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 26 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 26 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 26 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 26 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 26 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 26 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 26 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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