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Goldman Sachs

Goldman Sachs pares risk after tariff move, braces for more uncertainty

NEW YORK: Goldman Sachs has moderated its risk-taking since U.S. President Donald Trump’s April tariff announcement,...

Published 05 Jun, 2025 06:19pm

Markets

Goldman Sachs sees OPEC+ raising oil output by 0.41 mb/d in August

Goldman Sachs anticipates the eight country OPEC+ oil group will implement a final 0.41 million barrels per day...

Published 02 Jun, 2025 11:21am

Business & Finance

Goldman Sachs raises forecast for Asian equities on easing trade tension

SINGAPORE: Goldman Sachs raised its 12-month price target for Asian equities on Friday, citing a better growth...

Published 16 May, 2025 11:57am

Markets

Goldman Sachs says investors trim dollar holdings, return to neutral position on US

NEW YORK: Goldman Sachs President John Waldron said a recent lightening up of U.S. dollar assets by investors had...

Published 14 May, 2025 04:33pm

Business & Finance

Goldman Sachs’ profit jumps as traders deliver gains

Goldman Sachs reported a 15% rise in first-quarter profit as market volatility led to record revenue in equities...

Published 14 Apr, 2025 04:47pm

Markets

Goldman Sachs expects oil prices to decline through 2026

Goldman Sachs expects oil prices to decline through the end of this year and next year because of the rising risk of...

Published 14 Apr, 2025 08:01am

Business & Finance

Goldman Sachs raises odds of US recession to 45%

SINGAPORE: Goldman Sachs has raised the odds of a US recession to 45% in the next 12 months, joining other...

Published 07 Apr, 2025 11:02am

World

Trump’s tariff ‘medicine’ injects turmoil into global markets

TOKYO: US President Donald Trump warned foreign governments they would have to pay “a lot of money” to lift sweeping...

Updated 07 Apr, 2025 05:07pm

Business & Finance

Goldman cuts oil price forecasts amid tariff fears, higher OPEC+ supply

Goldman Sachs lowered its forecast for Brent crude’s average price this year by 5.5% to $69 a barrel and for WTI...

Published 04 Apr, 2025 11:44am

Markets

Oil gains after Trump cancels Chevron’s Venezuela license

TOKYO/SINGAPORE: Oil prices climbed for the first time in three days on Thursday, with supply worries resurfacing...

Updated 27 Feb, 2025 01:13pm

World

Russia’s wealth fund chief says Trump is a problem solver ahead of Riyadh talks

RIYADH: The head of Russia’s sovereign wealth fund on Tuesday described US President Donald Trump as a problem...

Published 18 Feb, 2025 11:31am

Markets

European shares log longest weekly streak of advances in a year

FRANKFURT: Europe’s main stock index closed lower on Friday, as investors paused following four successive sessions...

Published 15 Feb, 2025 05:54am

Business & Finance

Trump’s tariffs to have limited impact on oil, gas prices, Goldman Sachs says

The new tariffs imposed by U.S. President Donald Trump on imports from Canada, Mexico, and China are likely to have...

Published 03 Feb, 2025 10:05am

Business & Finance

Goldman Sachs raises US gas price forecast amid colder winter

Goldman Sachs has raised its forecast for US natural gas prices to $3.60 per million British thermal units (MMBtu)...

Published 28 Jan, 2025 11:23am

Business & Finance

JPMorgan earns biggest-ever annual profit

NEW YORK: JPMorgan Chase on Wednesday posted record annual profit as its dealmakers and traders reaped a windfall...

Published 16 Jan, 2025 03:04am

Business & Finance

Economists say Los Angeles fire to have limited national economic impact

Devastating fires in the Los Angeles area are likely to put modest pressure on the U.S. national economy in the near...

Published 15 Jan, 2025 08:05am

Markets

China stocks dip in scramble for offshore assets amid deflationary pressure

SHANGHAI: China stocks slipped on Thursday as official data underscored persistent deflationary pressure despite...

Published 10 Jan, 2025 03:51am

Markets

China’s yuan falls to 16-month low despite firmer fix, state media messages

SHANGHAI: China’s yuan weakened to a fresh 16-month low against the dollar in early trading on Monday, despite a...

Published 06 Jan, 2025 10:56am

Markets

Oil heads for 2% weekly decline as supply risks ease

LONDON: Oil prices were steady on Friday and heading for a weekly drop of more than 2%, pressured by easing concern...

Updated 29 Nov, 2024 08:06pm

Markets

OPEC+ production cuts may support oil prices in near term, Goldman Sachs says

Crude production from Iraq, Kazakhstan, and Russia has declined in compliance with OPEC+ production cuts, supporting...

Published 27 Nov, 2024 11:34am

Business & Finance

Goldman Sachs downgrades Hong Kong stocks to underweight

SINGAPORE: Hong Kong stocks are cheap but may miss out on the benefits of China’s efforts to support its economy,...

Published 18 Nov, 2024 10:53am

Business & Finance

Goldman cuts Indian equities to ‘neutral’ as economic, earnings growth slows

Goldman Sachs tactically lowered Indian equities to “neutral” from “overweight” on Tuesday, as the country’s slowing...

Published 23 Oct, 2024 10:49am

Markets

China’s yuan firms on report Beijing considering more economic stimulus

SHANGHAI/BEIJING: China’s yuan inched higher against the dollar on Thursday, supported by positive investor...

Published 26 Sep, 2024 11:41am

Markets

Goldman Sachs says oil subject to downside into 2025-2026 due to surplus

SINGAPORE: Oil prices are still subject to downside into 2025-2026 amid a surplus market, Daan Struyven, head of oil...

Published 09 Sep, 2024 11:45am

Technology

ByteDance eyes $9.5bn in record Asia dollar corporate loan, Bloomberg News reports

TikTok-owner ByteDance is tapping banks for a $9.5 billion loan that would be the biggest dollar-denominated...

Published 02 Sep, 2024 03:00pm

Business & Finance

Goldman Sachs to lay off over 1,300 employees, WSJ reports

BENGALURU: Goldman Sachs plans to cut more than 1,300 employees from its global workforce as part of an annual ...

Published 02 Sep, 2024 06:40am

Markets

Gold price per tola decreases Rs200 in Pakistan

After hitting record highs in the previous session, gold prices in Pakistan declined on Monday in line with the drop...

Published 19 Aug, 2024 12:54pm

Business & Finance

Goldman Sachs lowers odds of US recession to 20% from 25%

Goldman Sachs has lowered the odds of the United States slipping into a recession in the next 12 months to 20% from...

Published 19 Aug, 2024 10:22am

Business & Finance

Goldman Sachs profits more than double to $2.9bn

NEW YORK: Goldman Sachs reported strong second-quarter results Monday demonstrating robustness across its trading,...

Published 15 Jul, 2024 06:04pm

Business & Finance

Goldman Sachs lowers China 2024 growth forecast to 4.9%

Goldman Sachs on Monday lowered its forecast for China’s 2024 gross domestic product to 4.9% from 5.0% on the back...

Published 15 Jul, 2024 12:39pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 16	283.20
USD PKR Interbank Buying / Jun 16	283
USD to Japanese Yen / Jun 16	144.18
USD to Swiss Franc / Jun 16	0.81
Pound Sterling to USD / Jun 16	1.36
Euro to USD / Jun 16	1.15
UK LIBOR % / Jun 14	4.96

Stock	Volume
S&P 500 / Jun 14	5,976.97
Nasdaq / Jun 14	19,406.83
Dow Jones / Jun 14	42,197.79
India Sensex / Jun 16	81,650.51
Tokyo Nikkei / Jun 16	38,314.09
Hang Seng / Jun 16	23,975.22
FTSE 100 / Jun 16	8,884.17
Germany DAX 30 / Jun 16	23,603.27
France CAC40 / Jun 16	7,748.88

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 14	16,485
Gold 10 Grams PKR / Jun 14	310,007
Petrol/Litre / Jun 16	258.43
Crude Oil USD/Barrel / Jun 16	73.56
Gold Spot USD/Ounce / Jun 16	3,417.18
Diesel/Litre / Jun 16	262.59
Cotton US¢/pound / Jun 16	68.12

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Consultancy / Jun 16 Pervez Ahmed Consultancy Services Ltd.(PASL)	3.93 ▲ 1 (34.13%)
First Prudential Mod. / Jun 16 First Prudential Modaraba(PMI)	4.39 ▲ 1 (29.5%)
First Punjab Modaraba / Jun 16 First Punjab Modaraba(FPJM)	4.48 ▲ 1 (28.74%)
Cresent Jute / Jun 16 Crescent Jute Products Limited(CJPL)	4.57 ▲ 1 (28.01%)
Unicap Modaraba / Jun 16 Unicap Modaraba(UCAPM)	4.60 ▲ 0.95 (26.03%)
Ist.Capital Sec / Jun 16 First Capital Securities Corporation(FCSC)	3.85 ▲ 0.79 (25.82%)
Shaheen Ins. / Jun 16 Shaheen Insurance Company Limited(SHNI)	5.67 ▲ 0.92 (19.37%)
Media Times Ltd / Jun 16 Media Times Limited(MDTL)	3.21 ▲ 0.5 (18.45%)
Equity Modaraba / Jun 16 First Equity Modaraba(FEM)	3.86 ▲ 0.58 (17.68%)
LSE Capital / Jun 16 LSE Capital Limited(LSECL)	6.37 ▲ 0.9 (16.45%)

Stock	Price
Intermarket Securities / Jun 16 Intermarket Securities Limited(IMS)	5.82 ▼ -51.44 (-89.84%)
PIA Holding Co.B / Jun 16 PIA Holding Company Limited B(PIAHCLB)	17,000.19 ▼ -1888.91 (-10%)
Pakgen Power / Jun 16 Pakgen Power Limited(PKGP)	263.77 ▼ -29.31 (-10%)
Khyber Textile / Jun 16 Khyber Textile Mills Limited(KHYT)	1,615.10 ▼ -179.45 (-10%)
Hala Enterprise / Jun 16 Hala Enterprises Limited(HAEL)	27.62 ▼ -3.07 (-10%)
Faisal Sp. / Jun 16 Faisal Spinning Mills Limited(FASM)	299.22 ▼ -30.74 (-9.32%)
Apna Microfin. / Jun 16 Apna Microfinance Bank Limited(AMBL)	10.70 ▼ -0.96 (-8.23%)
GOC (Pak) / Jun 16 GOC (Pak) Limited.(GOC)	73.72 ▼ -5.38 (-6.8%)
Ashfaq Textile / Jun 16 Ashfaq Textile Mills Limited(ASHT)	24.16 ▼ -1.54 (-5.99%)
LSE Financial Serv. / Jun 16 LSE Financial Services Limited(LSEFSL)	40.60 ▼ -2.37 (-5.52%)

Stock	Volume
WorldCall Telecom / Jun 16 Worldcall Telecom Limited(WTL)	267,081,176 ▲ 0.17
Pervez Ahmed Consultancy / Jun 16 Pervez Ahmed Consultancy Services Ltd.(PASL)	92,031,551 ▲ 1
Ist.Capital Sec / Jun 16 First Capital Securities Corporation(FCSC)	86,020,335 ▲ 0.79
Kohinoor Spining / Jun 16 Kohinoor Spinning Mills Limited(KOSM)	73,827,515 ▲ 0.48
Media Times Ltd / Jun 16 Media Times Limited(MDTL)	56,419,406 ▲ 0.5
PIA Holding Co.Ltd / Jun 16 PIA Holding Company Limited(PIAHCLA)	43,086,504 ▲ 1.78
Sui South Gas / Jun 16 Sui Southern Gas Company Limited(SSGC)	37,905,727 ▲ 1.76
Dewan Cement / Jun 16 Dewan Cement Limited(DCL)	29,277,399 ▲ 1.11
Cnergyico PK / Jun 16 Cnergyico PK Limited(CNERGY)	23,084,256 ▼ -0.06
K-Electric Ltd. / Jun 16 K-Electric Limited(KEL)	22,313,740 ▲ 0.04

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