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Goldman Sachs

Indian rupee set to rally after exit polls predict Modi win

MUMBAI: The Indian rupee is expected to rally at the open on Monday after exit polls indicated a third term for...

Published 03 Jun, 2024 10:17am

Markets

Dow outshines peers on earnings boost

NEW YORK: The Dow outpaced Wall Street peers on Monday, boosted by robust gains in Goldman Sachs, while rising...

Published 16 Apr, 2024 03:38am

Markets

Oil steadies after dip on Middle East ceasefire talks

LONDON: Global oil benchmark Brent steadied above $91 a barrel on Monday, reducing early losses prompted by Israel...

Updated 08 Apr, 2024 08:32pm

Business & Finance

Goldman Sachs digital asset head says crypto rally driven by retail investors

LONDON, March 19 (Reuters) - The recent surge in cryptocurrency prices has been driven by retail investors, but...

Published 29 Mar, 2024 04:44am

World

Goldman Sachs, Mubadala ink $1bn private credit Asia-Pacific partnership deal

Goldman Sachs and Abu Dhabi’s sovereign wealth fund Mubadala have struck a $1 billion deal, signing a seperately...

Published 26 Feb, 2024 10:30am

Business & Finance

Goldman Sachs no longer expects US interest rate cut in May

SINGAPORE: Goldman Sachs’ analysts no longer expect a US interest rate cut in May and see four 25 basis point cuts...

Published 23 Feb, 2024 10:54am

Markets

China’s 10-year government bond yields drop to lowest since June 2002

SHANGHAI: China’s 10-year government bond yield dropped to the lowest in more than two decades as investors still...

Published 30 Jan, 2024 10:40am

Technology

Y Combinator-backed Elevate enters Pakistan, aims to resolve freelancers’ payment woes

Offers services alternative to platforms such as Wise and Payoneer

Updated 22 Jan, 2024 10:52pm

Markets

Gold steadies ahead of key US data

Gold prices steadied on Monday as traders braced for fresh data on US economic growth and the Federal Reserve’s...

Published 22 Jan, 2024 09:38am

Business & Finance

Goldman Sachs beats profit estimates as equity traders ride market rebound

NEW YORK: Goldman Sachs beat estimates for fourth-quarter profit on Tuesday as its equity traders capitalized on a...

Published 22 Jan, 2024 05:37am

Markets

Goldman cuts 2024 Brent price forecast on strong US supply

Goldman Sachs trimmed its price expectation for Brent crude in 2024 by $10 per barrel to between $70 and $90, saying...

Published 18 Dec, 2023 11:58am

Markets

Asia shares slip into BOJ meeting, US inflation test

SYDNEY: Asia stocks slipped on Monday in a subdued start to a week where Japan’s central bank might edge further...

Published 18 Dec, 2023 09:55am

Business & Finance

Goldman Sachs, J.P.Morgan cut UK’s 2023 growth forecast to 0.5%

Goldman Sachs and J.P.Morgan on Wednesday lowered their forecast for Britain’s annual economic growth to 0.5%, as...

Published 13 Dec, 2023 02:47pm

Aspen chooses NY over London for $4bn IPO: FT

LONDON: Aspen Insurance is targeting its $4 billion initial public offering next year in New York instead of London...

Updated 04 Dec, 2023 08:47am

Business & Finance

US dollar falls

NEW YORK: The dollar fell on Friday, after two days of gains, as Federal Reserve Chair struck a cautious tone on...

Published 02 Dec, 2023 05:09am

Technology

Apple to end credit card partnership with Goldman Sachs

Apple is pulling the plug on its credit card partnership with Goldman Sachs Group, the Wall Street Journal reported...

Published 29 Nov, 2023 10:48am

Markets

Oil retreats on caution ahead of OPEC+ meeting

SINGAPORE: Oil futures fell on Tuesday, reversing steep gains made in the past two sessions, as investors turned...

Updated 21 Nov, 2023 03:19pm

Markets

Hedge funds pile into US stock rally at fastest pace in 2 years: Goldman Sachs

LONDON: Hedge funds last week “aggressively” bought US stocks at the fastest pace in two years, said a Goldman...

Published 07 Nov, 2023 06:33am

Business & Finance

China’s yuan eases

SHANGHAI: China’s yuan eased slightly against a strengthening dollar on Monday, though moves were limited as...

Published 31 Oct, 2023 05:26am

Markets

Goldman’s analysts say Pak rupee rally to be ‘short lived’: report

Analysts at Goldman Sachs Group Inc, a global investment bank and financial services company, have warned that gains...

Updated 26 Oct, 2023 10:44pm

Markets

J.P.Morgan, Goldman Sachs expect Canada central bank to hold rates next week

J.P.Morgan and Goldman Sachs now expect the Bank of Canada to keep policy rates unchanged at 5% for the second...

Published 18 Oct, 2023 12:19pm

Business & Finance

Goldman Sachs says profits down 36 percent in third quarter

NEW YORK: US investment bank Goldman Sachs reported a fall in third quarter profits on Tuesday, noting net losses in...

Published 17 Oct, 2023 06:56pm

Markets

China’s yuan holds ground after holiday break

SHANGHAI: China’s yuan held steady against the dollar on the first trading day after the Golden Week holiday,...

Published 09 Oct, 2023 10:14am

Opinion

ChatGPT as pivot for digital healthcare professionals

30th November 2022 heralded the dawn of a major paradigm shift in the machine-based learning world. On that fateful...

Updated 04 Oct, 2023 06:52am

Markets

Nasdaq rises on boost from growth stocks

NEW YORK: The Nasdaq rose on Monday, boosted by gains in growth stocks as investors awaited commentary from more...

Published 03 Oct, 2023 06:02am

Markets

Gold hits over 1-month low on higher-for-longer US rates theme

Gold prices dropped to a more than one-month low on Wednesday, beaten down by an assurgent US dollar as markets made...

Published 27 Sep, 2023 11:09am

Markets

Greece’s National Bank sells 500mn euro bond

ATHENS: National Bank (NBG) , Greece’s second-largest lender by market value, concluded the sale of 500 million...

Published 27 Sep, 2023 11:02am

Markets

Goldman Sachs now expects BoE to maintain current peak policy rate till Q3 2024

Goldman Sachs said it expected the Bank of England (BoE) to hold its peak policy rate at 5.25% in November and...

Published 22 Sep, 2023 10:19am

Markets

Gold defies strength in US dollar, yields as global rates peak

Gold prices edged higher on Friday despite pressure from a stronger US dollar and bond yields, with investors...

Published 22 Sep, 2023 09:31am

Markets

Goldman Sachs pushes its forecast for Fed rate cut to Q4 2024

Goldman Sachs economists said they now expect the US Federal Reserve to begin its interest rate-cutting cycle in the...

Published 21 Sep, 2023 12:41pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 6	278.53
USD PKR Interbank Buying / Jun 6	278.33
USD to Japanese Yen / Jun 6	155.75
USD to Swiss Franc / Jun 6	0.89
Pound Sterling to USD / Jun 6	1.28
Euro to USD / Jun 6	1.09

Stock	Volume
S&P 500 / Jun 5	5354.03
Nasdaq / Jun 5	17187.05
FTSE 100 / Jun 5	8246.95
Dow Jones / Jun 5	38807.33
Germany DAX 30 / Jun 5	18575.94
France CAC40 / Jun 5	8006.57
India Sensex / Jun 6	75088.60
Tokyo Nikkei / Jun 6	38768.13

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 4	19935
Gold 10 Grams PKR / Jun 5	206276
Petrol/Litre / Jun 6	268.36
Crude Oil USD/Barrel / Jun 6	74.53
Gold Spot USD/Ounce / Jun 6	2369.35
Diesel/Litre / Jun 6	270.22

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 6 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 6 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 6 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 6 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 6 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 6 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 6 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 6 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 6 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 6 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 6 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 6 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 6 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 6 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 6 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 6 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 6 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 6 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 6 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 6 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 6 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 6 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 6 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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