Trends - Jerome Powell - Business Recorder

ANL 28.75 ▼ -1.05 (-3.52%)

ASC 20.10 ▼ -0.30 (-1.47%)

ASL 24.03 ▲ 0.43 (1.82%)

BOP 8.23 ▼ -0.03 (-0.36%)

BYCO 9.96 ▲ 0.08 (0.81%)

FCCL 21.95 ▲ 0.10 (0.46%)

FFBL 26.80 ▼ -0.11 (-0.41%)

FFL 19.40 ▼ -0.60 (-3%)

FNEL 8.35 ▼ -0.39 (-4.46%)

GGGL 26.10 ▼ -0.30 (-1.14%)

GGL 44.16 ▼ -1.88 (-4.08%)

HUMNL 6.96 ▼ -0.09 (-1.28%)

JSCL 21.40 ▼ -0.22 (-1.02%)

KAPCO 38.92 ▲ 0.22 (0.57%)

KEL 3.82 ▼ -0.08 (-2.05%)

MDTL 3.51 ▼ -0.05 (-1.4%)

MLCF 43.70 ▲ 0.20 (0.46%)

NETSOL 157.07 ▼ -1.43 (-0.9%)

PACE 7.26 ▼ -0.19 (-2.55%)

PAEL 33.40 ▼ -0.25 (-0.74%)

PIBTL 10.95 ▼ -0.05 (-0.45%)

POWER 9.13 ▼ -0.07 (-0.76%)

PRL 22.93 ▼ -0.07 (-0.3%)

PTC 11.40 ▼ -0.20 (-1.72%)

SILK 1.74 ▼ -0.09 (-4.92%)

SNGP 50.00 ▲ 0.20 (0.4%)

TELE 14.78 ▼ -0.02 (-0.14%)

TRG 159.00 ▼ -0.45 (-0.28%)

UNITY 40.06 ▼ -0.39 (-0.96%)

WTL 3.43 ▼ -0.16 (-4.46%)

BR100 5,082 ▼ -14.71 (-0.29%)

BR30 25,573 ▼ -181.39 (-0.7%)

KSE100 47,207 ▼ -110.6 (-0.23%)

KSE30 18,932 ▼ -42.45 (-0.22%)

Coronavirus
VERY HIGH Source: covid.gov.pk

Pakistan Deaths
23,209 ▲

7624hr

Pakistan Cases
1,020,324 ▲

4,49724hr

7.53% positivity

Sindh
374,434

Punjab
354,904

Balochistan
30,019

Islamabad
86,602

KPK
142,799

Jul 29, 2021 PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Jerome Powell

US economic recovery on track despite Covid-19 surge: Fed

US economic recovery on track despite Covid-19 surge: Fed

WASHINGTON: The US economic recovery remains on track despite a rise in coronavirus infections, the Federal Reserve...

Published 29 Jul, 2021 04:35am

U.S. yields slightly down after solid 2-year note auction, ahead of Fed

Markets

U.S. yields slightly down after solid 2-year note auction, ahead of Fed

Chinese blue chips shed 3.2% in the biggest daily decline since March, as the education and property sectors were battered due to concerns over tighter government rules.

Published 26 Jul, 2021 11:49pm

US MIDDAY: Gold jumps

Markets

US MIDDAY: Gold jumps

NEW YORK: Gold jumped on Wednesday after US Federal Reserve Chair Jerome Powell reassured investors that the central...

Published 15 Jul, 2021 04:03am

Gold gains in Europe

Markets

Gold gains in Europe

AMSTERDAM/LONDON: Gold prices rose on Wednesday after robust US inflation numbers lifted the metal’s appeal as an...

Published 15 Jul, 2021 04:03am

Gold prices up in Asia

Markets

Gold prices up in Asia

SINGAPORE: Gold prices firmed in Asian trade on Wednesday after getting a lift from weaker US Treasury yields and...

Published 15 Jul, 2021 04:03am

Copper prices slips

Markets

Copper prices slips

LONDON: Copper prices lost ground in low volumes on Wednesday on tepid demand in top metals consumer China and...

Published 15 Jul, 2021 04:03am

Fed chief says stimulus to continue despite high inflation

Business & Finance

Fed chief says stimulus to continue despite high inflation

WASHINGTON: Even as US inflation has hit the highest rate in over a decade, the central bank is sticking to its ...

Published 15 Jul, 2021 04:03am

Early trade in New York: Dollar declines as Powell says taper ‘a ways off’

Business & Finance

Early trade in New York: Dollar declines as Powell says taper ‘a ways off’

NEW YORK: The US dollar fell on Wednesday after Federal Reserve Chair Jerome Powell said in remarks prepared for...

Published 15 Jul, 2021 04:03am

Dollar falls in Europe

Business & Finance

Dollar falls in Europe

LONDON: The US dollar fell on Wednesday after Federal Reserve Chair Jerome Powell said in remarks prepared for...

Published 15 Jul, 2021 04:03am

South African rand, stocks recover even as unrest continued

Markets

South African rand, stocks recover even as unrest continued

The rand's 200-day moving average of 14.8529 should provide some resistance, Warwick Butler, trader at Standard Bank said in a note.

Published 14 Jul, 2021 10:53pm

Early trade in NY: Dollar edges higher

Business & Finance

Early trade in NY: Dollar edges higher

NEW YORK: The dollar edged higher across the board on Monday as concerns about the pandemic encouraged investors to...

Published 13 Jul, 2021 03:22am

Tesla lifts Wall Street to close at record highs

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

Gold set for weekly gain as inflation data calms Fed taper fears

Markets

Gold set for weekly gain as inflation data calms Fed taper fears

Gold prices posted sharp losses last week after the Fed projected rate increases as soon as 2023, prompting a sell-off of non-yielding bullion.

Published 25 Jun, 2021 11:26pm

Gold rises in Europe

Markets

Gold rises in Europe

AMSTERDAM/LONDON: Gold nudged up on Thursday, aided by a slight dip in the dollar, but mixed cues from US Federal...

Published 25 Jun, 2021 04:20am

Gold stalls as investors weigh up mixed Fed outlook

Markets

Gold stalls as investors weigh up mixed Fed outlook

Spot gold was little changed at $1,778.01 per ounce by 12:22 am EDT (1622 GMT), giving up some gains from earlier in the session as the dollar recouped initial declines.

Published 24 Jun, 2021 11:37pm

Gold surges in Europe

Markets

Gold surges in Europe

AMSTERDAM/LONDON: A dollar retreat and soothing words from Fed chair Jerome Powell lifted gold prices on Wednesday,...

Published 24 Jun, 2021 03:36am

Gold up as dollar dips and Fed's Powell calms rate-hike fear

Markets

Gold up as dollar dips and Fed's Powell calms rate-hike fear

The softer dollar, down 0.1pc, reduced gold's cost for holders of other currencies. Markets broadly shrugged off U.S. PMI data showing factory activity at a record high in June.

Published 23 Jun, 2021 11:27pm

Yield curve steepens as market focus turns to technicals

Markets

Yield curve steepens as market focus turns to technicals

The Fed's policy stance will likely not change until its Jackson Hole meeting in late August, leaving Treasury yields in a narrow trading range, analysts said.

Published 23 Jun, 2021 11:11pm

Business Recorder

Opinion

Investors focus on central bank speakers after extreme market moves

With all eyes on the U.S. central bank this week, some investors are looking to a parade of Federal Reserve speakers...

Published 23 Jun, 2021 04:26am

Tuesday's early trade: Nasdaq eyes record closing high

Markets

Tuesday's early trade: Nasdaq eyes record closing high

NEW YORK: The Nasdaq was on pace for a record closing high on Tuesday, as investors anticipated Federal Reserve ...

Published 23 Jun, 2021 04:26am

Early trade in New York: Dollar rises, bitcoin drops

Business & Finance

Early trade in New York: Dollar rises, bitcoin drops

NEW YORK: The dollar edged higher on Tuesday before Federal Reserve Chair Jerome Powell will testify before ...

Published 23 Jun, 2021 04:26am

Nasdaq hits record high as Big Tech roars back

Markets

Nasdaq hits record high as Big Tech roars back

Amazon saw over $5.6 billion in total online sales in the United States on the first day of its Prime promotional event, according to Adobe Digital Economy Index.

Published 22 Jun, 2021 11:39pm

South African rand weaker as dollar creeps higher

Markets

South African rand weaker as dollar creeps higher

Stocks ended largely flat with the broader Johannesburg All-Share index down a marginal 0.02pc while the Top-40 index ticked just 0.04pc higher.

Published 22 Jun, 2021 11:25pm

Business Recorder

Opinion

Fed’s ‘big tent’ framework may fray under inflation surge

The US Federal Reserve’s carefully crafted move last year to a jobs-first monetary policy, touted as giving ...

Published 22 Jun, 2021 04:46am

Gold gains in Europe

Markets

Gold gains in Europe

AMSTERDAM/LONDON: Gold clawed back some losses on Monday after posting its biggest weekly percentage fall since ...

Published 22 Jun, 2021 04:46am

Long-dated yields tumble, curve flattens after Fed

Markets

Long-dated yields tumble, curve flattens after Fed

Yields initially spiked after the Fed said on Wednesday that policymakers expect to increase rates two times in 2023.

Published 18 Jun, 2021 01:26am

Fed signals rate hikes for 2023

Print

Fed signals rate hikes for 2023

WASHINGTON: The Federal Reserve on Wednesday brought forward its projections for the first post-pandemic interest...

Published 17 Jun, 2021 03:27am

US Fed expected to stand its ground despite rising inflation

Markets

US Fed expected to stand its ground despite rising inflation

But the recent surge in inflation in the world's largest economy is ramping up the pressure on policymakers to begin to pull back on stimulus programs.

Published 13 Jun, 2021 11:05am

Powell, Lagarde split over central bank role in climate policy

Business & Finance

Powell, Lagarde split over central bank role in climate policy

PARIS: US Federal Reserve chief Jerome Powell said Friday it was not the central bank’s role to set climate ...

Published 05 Jun, 2021 04:08am

US inflation surges in April; consumer spending moderates

World

US inflation surges in April; consumer spending moderates

Core PCE price index jumps 0.7% in April.
Core PCE price index accelerates 3.1% year-on-year.
Consumer spending increases 0.5%; income drops 13.1%.

Published 28 May, 2021 08:53pm

Gainers
Losers
Leaders

Stock	Price
Security Bank / Jul 29 Security Investment Bank Limited(SIBL)	7.35 ▲ 0.91 (14.13%)
Dewan Farooque Motors / Jul 29 Dewan Farooque Motors Limited(DFML)	11.68 ▲ 1.00 (9.36%)
Ghazi Fab. / Jul 29 Ghazi Fabrics International Limited(GFIL)	13.60 ▲ 1.00 (7.94%)
Arpak Int. / Jul 29 Arpak International Investments Ltd.(ARPAK)	87.09 ▲ 6.07 (7.49%)
Sardar Chemical / Jul 29 Sardar Chemical Industries Limited(SARC)	38.19 ▲ 2.66 (7.49%)
Maqbool Tex. / Jul 29 Maqbool Textile Mills Limited(MQTM)	35.78 ▲ 2.49 (7.48%)
Leiner Gelatine / Jul 29 Leiner Pak Gelatine Limited(LPGL)	26.61 ▲ 1.84 (7.43%)
Thal Ind. / Jul 29 The Thal Industries Corporation Limited(TICL)	319.50 ▲ 21.19 (7.10%)
Pak. P.V.C. / Jul 29 Pakistan PVC Limited(PPVC)	5.59 ▲ 0.36 (6.88%)
Shahtaj Sug. / Jul 29 Shahtaj Sugar Mills Limited(SHJS)	56.50 ▲ 3.44 (6.48%)

Stock	Price
SME Leasing Ltd. / Jul 29 SME Leasing Limited(SLL)	2.97 ▲ -0.97 (-24.62%)
Image Pakistan / Jul 29 Image Pakistan Limited(IMAGE)	27.91 ▲ -6.29 (-18.39%)
Gatron Ind. / Jul 29 Gatron (Industries) Limited(GATI)	520.78 ▲ -42.22 (-7.50%)
Pak Engg. / Jul 29 Pakistan Engineering Co Limited(PECO)	392.73 ▲ -31.84 (-7.50%)
Khairpur / Jul 29 Khairpur Sugar Mills Limited(KPUS)	65.59 ▲ -5.31 (-7.49%)
Dawood Equities / Jul 29 Dawood Equities Limited(DEL)	19.68 ▲ -1.59 (-7.48%)
TPL Ins. / Jul 29 TPL Insurance Limited(TPLI)	37.35 ▲ -2.99 (-7.41%)
First AL-Noor Mod. / Jul 29 First Al-Noor Modaraba(FANM)	3.50 ▲ -0.25 (-6.67%)
First Credit & Inv. / Jul 29 First Credit and Investment Bank Limited(FCIBL)	7.50 ▲ -0.50 (-6.25%)
Ravi Textile / Jul 29 Ravi Textile Mills Limited(RAVT)	20.60 ▲ -1.35 (-6.15%)

Stock	Volume
Byco Petroleum / Jul 29 Byco Petroleum Pakistan Limited(BYCO)	39,714,000 ▼ 0.00
Worldcall / Jul 29 Worldcall Telecom Limited(WTL)	38,521,000 ▼ 0.00
Unity Foods / Jul 29 Unity Foods Limited(UNITY)	13,497,912 ▼ 0.00
Aisha Steel / Jul 29 Aisha Steel Mills Limited(ASL)	8,473,500 ▼ 0.00
Hum Network / Jul 29 Hum Network Limited(HUMNL)	7,708,500 ▼ 0.00
Hascol Petroleum / Jul 29 Hascol Petroleum Limited(HASCOL)	7,635,665 ▼ 0.00
Silkbank / Jul 29 Silkbank Limited(SILK)	6,749,500 ▼ 0.00
TRG Pakistan / Jul 29 TRG Pakistan Limited(TRG)	6,239,722 ▼ 0.00
TPL Corp / Jul 29 TPL Corp Limited(TPL)	6,236,000 ▼ 0.00
Telecard Ltd. / Jul 29 Telecard Limited(TELE)	5,776,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 29	162.00
USD PKR Interbank Buying / Jul 29	161.90
USD to Japanese Yen / Jul 29	109.85
USD to Swiss Franc / Jul 29	0.91
Pound Sterling to USD / Jul 29	1.39
Euro to USD / Jul 29	1.18
UK LIBOR % / Jul 29	0.08

Stock	Volume
S&P 500 / Jul 29	4400.64
India Sensex / Jul 29	52443.71
Tokyo Nikkei / Jul 29	27725.72
Nasdaq / Jul 29	14762.59
Hang Seng / Jul 29	25473.88
FTSE 100 / Jul 29	7016.63
Dow Jones / Jul 29	34930.93
Germany DAX 30 / Jul 29	15570.36
France CAC40 / Jul 29	6609.31

Item	Value
Crude Oil / Jul 29	72.32
Karachi Cotton Assoc. / Jul 29	13080.00
Gold 10 Grams / Jul 29	94050.00
Gold Spot / Jul 29	1810.11
Cotton / Jul 29	90.52

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