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Goldman Sachs

Natural gas prices in Europe soar on pipeline setback

MOSCOW/LONDON: The price of natural gas surged again in Europe on Wednesday after a delay in the approval process ...

Published 18 Nov, 2021 03:58am

World

Goldman Sachs downgrades Indian equities on valuation

BENGALURU: Goldman Sachs has downgraded Indian equities by one notch to ‘market weight’, citing a blistering run...

Published 13 Nov, 2021 04:08am

Business & Finance

Goldman Sachs offers new way for investors to bet on SPACs

NEW YORK: Goldman Sachs Group Inc has come up with a new offering that allows investors to bet on special purpose...

Published 02 Nov, 2021 05:20am

Markets

Goldman Sachs brings forward US rate hike projection by a year

Goldman Sachs has brought forward its forecast by a year to July 2022 for the first post-pandemic US interest rate...

Published 01 Nov, 2021 12:53pm

Markets

Oil edges up to new multi-year highs on short supply

NEW YORK: Oil prices edged up to fresh multi-year highs on Tuesday, supported by a global supply shortage and strong...

Published 27 Oct, 2021 04:50am

Markets

Wall Street in Riyadh sees lingering inflation, oil hitting $100

RIYADH: Top Wall Street firms warned at an investment conference in Riyadh of the risk of a sustained increase in...

Updated 26 Oct, 2021 07:31pm

Business & Finance

Goldman Sachs thrives on global dealmaking frenzy to post bumper profit

NEW YORK: Goldman Sachs Group Inc reported a 66% surge in third-quarter earnings that swept past expectations on...

Published 16 Oct, 2021 04:49am

Markets

Wall St climbs on strong Goldman earnings, retail sales data

- Airlines, cruise operators jump on easing US travel curbs
Retail sales up 0.7% in September despite shortages
Goldman Sachs rises on strong third-quarter earnings
Indexes up: Dow 0.57%, S&P 0.42%, Nasdaq 0.24%

Published 15 Oct, 2021 07:04pm

Opinion

Dr Copper flashing an SOS signal?

Good things tend to happen to the global economy when copper rises and bad things when its price falls on global...

Published 14 Oct, 2021 04:14am

Business & Finance

Banks prepare to scrap LME gold and silver contracts

LONDON: A group of banks that partnered with the London Metal Exchange (LME) to launch gold and silver futures in...

Published 14 Oct, 2021 04:14am

Markets

Oil resumes rally, U.S. reserve release seen as unlikely

BENGALURU: Oil futures rebounded on Thursday, as the market deemed it unlikely that the United States would release...

Updated 07 Oct, 2021 11:25pm

Markets

China power cuts hit homes, factories and threaten growth

BEIJING: Goldman Sachs Tuesday lowered its annual economic growth forecast for China as nationwide power cuts hit...

Published 28 Sep, 2021 11:40am

Markets

China energy crunch triggers alarm, pleas for more coal

SHANGHAI: As a severe power crunch roils China's northeastern industrial heartland, senior officials face mounting...

Published 28 Sep, 2021 10:12am

Markets

Oil up on tight supply, Brent crude nears $80 a barrel

NEW YORK: Oil prices gained on Monday for a fifth straight day, with Brent at its highest since October 2018 and...

Published 28 Sep, 2021 05:12am

Markets

Asia's gasoline crack weakens; naphtha little changed

NEW DELHI: Asia's gasoline crack slipped below $7 a barrel on Monday, while a series of trades at the window lifted...

Published 28 Sep, 2021 05:12am

Business & Finance

Bank of America cuts China growth forecast under Evergrande shadow

WASHINGTON: Bank of America cut its China growth forecast on Tuesday in response to intensifying troubles at ...

Published 22 Sep, 2021 03:48am

Business & Finance

China defends clampdown on tech firms in a meeting with Wall St execs

China's top securities regulator defended their crackdown on various industries in a private meeting with Wall ...

Published 19 Sep, 2021 11:59am

Markets

U.S. natgas slides 3pc on milder weather view, post-Ida restarts

U.S. natural gas futures slipped about 3pc on Tuesday as forecasts projected milder weather and energy firms...

Published 08 Sep, 2021 01:36am

Markets

Goldman targets $5bn float for Petershill private equity assets

Petershill, which takes minority stakes in alternative assets managers including private equity and hedge funds

Published 06 Sep, 2021 01:19pm

Business & Finance

Sterling edges up

LONDON: Sterling rose to a three-week high on Friday after data showed the US economy created the fewest jobs in...

Published 04 Sep, 2021 06:04am

Opinion

To encourage vaccinations, more US firms turn to incentives - and threats

In the wake of full US approval for the Pfizer/BioNTech anti-Covid vaccine this week, more and more American...

Published 28 Aug, 2021 03:54am

Markets

Oil slips but set for weekly gain

NEW YORK: Oil fell on Friday, but was on track to post a weekly rise, broadly shrugging off a warning from the...

Published 14 Aug, 2021 03:41am

Markets

Oil slides more than 2pc on China’s virus curbs, strong dollar

NEW YORK: Oil prices fell more than 2% on Monday, extending last week’s steep losses on the back of a rising US...

Published 10 Aug, 2021 04:39am

Markets

Goldman Sachs cuts 10-yr Treasury f'cast to 1.6% by end-2021

The US 10-year Treasury yield is currently around 1.3%

Published 09 Aug, 2021 01:31pm

Markets

Credit Suisse hires Goldman Sachs partner to lead risk turnaround

Credit Suisse, which is due to report earnings on Thursday, declined comment on its search for a permanent compliance head

Published 27 Jul, 2021 02:57pm

Business & Finance

Argentina's annual inflation rate tops 50pc as global prices soar

BUENOS AIRES: Argentina's consumer prices rose 3.2percent in June, in line with analyst forecasts, taking 12-month...

Published 18 Jul, 2021 04:14am

Business & Finance

Trio of US banks post strong profits

NEW YORK: A trio of US banks reported strong profits Wednesday, boosted by the improved credit quality outlook...

Published 15 Jul, 2021 04:03am

Business & Finance

Better economy, merger boom boosts US bank earnings

NEW YORK: Profits at Goldman Sachs jumped amid a merger boom, while JPMorgan Chase's results were boosted by the...

Published 14 Jul, 2021 03:59am

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

Markets

Tesla lifts Wall Street to close at record highs

The S&P 500 has rallied about 17% so far this year, with some investors questioning how long Wall Street's rally may last and concerned about a potential downturn.

Updated 13 Jul, 2021 01:12am

Gainers
Losers
Leaders

Stock	Price
Premier Ins. / Nov 30 Premier Insurance Limited(PINL)	5.20 ▲ 0.38 (7.88%)
Pak Reinsurance / Nov 30 Pakistan Reinsurance Company Limited(PAKRI)	24.50 ▲ 1.66 (7.27%)
Jubilee Spinning / Nov 30 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	5.84 ▲ 0.36 (6.57%)
Pak Hotels / Nov 30 Pakistan Hotels Developers Limited(PHDL)	154.00 ▲ 9.20 (6.35%)
Kohinoor Energy / Nov 30 Kohinoor Energy Limited(KOHE)	35.24 ▲ 1.84 (5.51%)
Next Capital / Nov 30 Next Capital Limited(NEXT)	11.44 ▲ 0.59 (5.44%)
Pak Petroleum / Nov 30 Pakistan Petroleum Limited(PPL)	74.10 ▲ 3.65 (5.18%)
Kohat Cement / Nov 30 Kohat Cement Company Limited(KOHC)	178.99 ▲ 8.65 (5.08%)
Khyber Tobacco / Nov 30 Khyber Tobacco Company Limited(KHTC)	260.00 ▲ 10.50 (4.21%)
Matco Foods Ltd / Nov 30 Matco Foods Limited(MFL)	27.90 ▲ 1.01 (3.76%)

Stock	Price
Pak Gen.Ins. / Nov 30 The Pakistan General Insurance Co. Ltd.(PKGI)	3.48 ▲ -0.47 (-11.90%)
PICIC Ins.Ltd. / Nov 30 PICIC Insurance Limited(PIL)	1.13 ▲ -0.08 (-6.61%)
Jauharabad Sug / Nov 30 Jauharabad Sugar Mills Limited(JSML)	22.50 ▲ -1.56 (-6.48%)
KASB Mod / Nov 30 KASB Modaraba(KASBM)	2.26 ▲ -0.11 (-4.64%)
Orix Modaraba / Nov 30 Orix Modaraba(ORIXM)	16.10 ▲ -0.34 (-2.07%)
Mod.Al-Mali / Nov 30 Modaraba Al-Mali(MODAM)	10.40 ▲ -0.17 (-1.61%)
J.K.Spinning / Nov 30 J.K. Spinning Mills Limited(JKSM)	44.45 ▲ -0.45 (-1.00%)
K.S.B.Pumps / Nov 30 KSB Pumps Company Limited(KSBP)	200.00 ▲ -1.90 (-0.94%)
Orient Rental / Nov 30 Orient Rental Mod(ORM)	7.00 ▲ -0.05 (-0.71%)
Kohinoor Spining / Nov 30 Kohinoor Spinning Mills Limited(KOSM)	4.05 ▲ -0.02 (-0.49%)

Stock	Volume
WorldCall Telecom / Nov 30 Worldcall Telecom Limited(WTL)	6,208,000 ▼ 0.00
Fauji Food (R) / Nov 30 Fauji Food Limited (R)(FFLR1)	5,595,000 ▼ 0.00
Byco Petroleum / Nov 30 Byco Petroleum Pakistan Limited(BYCO)	5,453,000 ▼ 0.00
G3 Tech. / Nov 30 G3 Technologies Limited(GTECH)	4,709,000 ▼ 0.00
Aisha Steel Mill / Nov 30 Aisha Steel Mills Limited(ASL)	3,706,000 ▼ 0.00
TRG Pak Ltd / Nov 30 TRG Pakistan Limited(TRG)	3,603,856 ▼ 0.00
F. Nat.Equities / Nov 30 First National Equities Limited(FNEL)	3,138,000 ▼ 0.00
Treet Corp / Nov 30 Treet Corporation Limited(TREET)	2,632,500 ▼ 0.00
Telecard Limited / Nov 30 Telecard Limited(TELE)	2,469,500 ▼ 0.00
TPL Properties / Nov 30 TPL Properties Limited(TPLP)	2,290,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 26	175.50
USD PKR Interbank Buying / Nov 26	175.30
USD to Japanese Yen / Nov 26	113.38
USD to Swiss Franc / Nov 26	0.92
Pound Sterling to USD / Nov 26	1.33
Euro to USD / Nov 26	1.13
UK LIBOR % / Nov 26	0.07

Stock	Volume
S&P 500 / Nov 26	4594.62
India Sensex / Nov 26	57107.15
Tokyo Nikkei / Nov 26	28751.62
Nasdaq / Nov 26	15491.66
Hang Seng / Nov 26	24080.52
FTSE 100 / Nov 26	7044.03
Dow Jones / Nov 26	34899.34
Germany DAX 30 / Nov 26	15257.04
France CAC40 / Nov 26	6739.73

Item	Value
Crude Oil / Nov 26	68.15
Karachi Cotton Assoc. / Nov 26	17680.00
Gold 10 Grams / Nov 26	100300.00
Gold Spot / Nov 26	1802.59
Cotton / Nov 26	111.78

Goldman Sachs

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