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JPMorgan

US natural gas futures decline

NEW YORK: US natural gas futures dropped to their lowest in about two months on Friday and were set for a third...

Published 26 Nov, 2023 03:31am

Markets

Copper on track for another weekly gain

LONDON: Copper prices in London were on track for a second consecutive weekly gain on Friday, helped by efforts to...

Published 26 Nov, 2023 03:31am

Markets

JPMorgan strategists advise opening a short in European banks, upgrade healthcare

LONDON: Strategists at JPMorgan have advised opening a ‘short’ position in European banks, and moved the sector from...

Published 30 Oct, 2023 01:01pm

Markets

JPMorgan Chase profits jump, warns inflation could persist

NEW YORK: JPMorgan Chase reported another highly profitable quarter Friday, but warned inflation could persist and...

Published 13 Oct, 2023 05:23pm

Pakistan

‘Comfortably placed’: SBP chief says end-Sept targets with IMF met

Remarks come during meetings with key international institutions organised by Barclays, JP Morgan, Standard Bank, and Jefferies

Updated 13 Oct, 2023 11:19pm

Business & Finance

BoE approached UK lenders to gauge interest in troubled Metro Bank: FT

LONDON: The Bank of England’s Prudential Regulation Authority approached a number of big UK lenders this week to...

Published 09 Oct, 2023 06:24am

BR Research

Oil: Enter the bears

The oil bull rally finally lost steam. Having threatened to touch the magical $100/bbl and go beyond – just two...

Published 06 Oct, 2023 08:51am

Business & Finance

Cross-border payments: HBL, J P Morgan’s Xpedite Remit sign agreement

KARACHI: HBL, the largest bank in Pakistan has entered into an agreement with J.P. Morgan Payments, to provide...

Published 06 Oct, 2023 03:03am

Markets

BNP Paribas upbeat on India bonds after JPMorgan inclusion, sees 10-year rally

MUMBAI: The recent addition of Indian government bonds to JPMorgan’s emerging market bond indexes has prompted BNP...

Published 28 Sep, 2023 05:53pm

Business & Finance

Kenya walking ‘tightrope’ due to debt strains: JPMorgan

LONDON: Kenya’s mounting debt strains mean it is “walking a tightrope” to avoid a crisis, US investment bank...

Published 26 Sep, 2023 07:19pm

Business & Finance

JPMorgan CEO blasts draft capital rules

NEW YORK: JPMorgan Chase CEO Jamie Dimon blasted stricter capital rules proposed by US regulators, telling investors...

Published 18 Sep, 2023 06:32am

Markets

Japanese rubber futures rally on stimulus hopes

SINGAPORE: Japanese rubber futures rose for a sixth straight session on Tuesday in the contract’s longest rally...

Published 23 Aug, 2023 05:50am

Markets

Wall St falls as retail sales data fans rate fears

NEW YORK: Wall Street’s main indexes fell on Tuesday after stronger-than-expected retail sales data stoked worries...

Published 16 Aug, 2023 05:50am

Markets

S&P 500 flat; bank shares mixed after results

NEW YORK: The S&P 500 was close to unchanged in afternoon trading Friday as bank and other financial shares were...

Published 17 Jul, 2023 03:47am

Business & Finance

Citigroup profits drop less than expected

NEW YORK: Citigroup beat analysts’ estimates for second-quarter profit on Friday as higher interest payments from...

Published 17 Jul, 2023 03:47am

Business & Finance

JPMorgan, Wells Fargo prepare for losses on office loans

NEW YORK: JPMorgan Chase and Wells Fargo said on Friday they set aside more money for expected losses from ...

Published 17 Jul, 2023 03:47am

Pakistan, Argentina bonds’ surge belies bigger reform hurdles

LONDON: Investors have piled back into bonds in Pakistan and Argentina following cash infusions and optimism over...

Updated 15 Jul, 2023 09:53am

Business & Finance

JPMorgan profit jumps on higher interest income as First Republic lifts earnings

JPMorgan Chase posted a 67% jump in profit for the second quarter on Friday as it earned more from borrowers’...

Published 14 Jul, 2023 05:24pm

Opinion

The BRICS’s creeping ‘gold currency’

It’s a shame that market pundits have been busy scandalising JP Morgan’s involvement with the late, notorious ...

Updated 13 Jul, 2023 05:15am

Markets

S&P 500, Dow rise ahead of monthly inflation data

NEW YORK: The S&P 500 and the Dow rose modestly on Tuesday ahead of inflation data, as investors were hopeful...

Published 12 Jul, 2023 06:39am

Markets

US banking giants to report higher profits even as dealmaking drags

NEW YORK: Wall Street banks are expected to report higher profits for the second quarter as rising interest payments...

Published 11 Jul, 2023 03:50pm

World

JPMorgan board member Jim Crown dies in an accident

NEW YORK: JPMorgan Chase & Co. board member Jim Crown died on Sunday in an accident, it said in a memo from...

Published 03 Jul, 2023 06:04am

Business & Finance

Bank of America to expand in four US states

NEW YORK: Bank of America Corp is adding consumer branches in four new US states, it said on Tuesday, bringing its...

Published 03 Jul, 2023 06:04am

Markets

Iran’s oil exports hit 5-year highs as US holds nuclear talks

LONDON: Iran’s crude exports and oil output have hit new highs in 2023 despite US sanctions, according to...

Published 19 Jun, 2023 06:55am

Markets

China’s May diesel exports almost four times prior year’s level

BEIJING: China’s exports of refined fuel products surged year-on-year in May, data showed on Sunday, as weak...

Published 18 Jun, 2023 09:58am

Business & Finance

Japan will stop yen decline beyond USD/JPY 145, most economists say

TOKYO: Japan’s government and central bank will act to stop the yen’s decline if it depreciates to the 145 per US...

Published 15 Jun, 2023 09:24am

Business & Finance

JPMorgan expects Turkiye central bank to lift rates to 25% on June 22

LONDON: JPMorgan said on Monday it expects Turkey’s central bank to hike interest rates to 25% from the current 8.5%...

Published 12 Jun, 2023 12:46pm

Markets

Erdogan names Erkan to head Turkiye central bank, policy pivot expected

ISTANBUL: President Tayyip Erdogan on Friday appointed Hafize Gaye Erkan, a finance executive in the United States,...

Published 09 Jun, 2023 01:32pm

World

For Musk and other foreign CEOs visiting China, silence is golden

SHANGHAI/BEIJING: A veritable parade of overseas CEOs including Tesla’s Elon Musk and Goldman Sachs’ David Solomon...

Published 07 Jun, 2023 10:19am

Business & Finance

JPMorgan to close 21 First Republic Bank branches

NEW YORK: JPMorgan Chase & Co will shut 21 branches of First Republic Bank by the end of the year as it...

Published 05 Jun, 2023 03:27am

Gainers
Losers
Leaders

Stock	Price
Haseeb Waqas / Dec 1 Haseeb Waqas Sugar Mills Limited(HWQS)	10.38 ▲ 1.00 (10.66%)
Bela Auto / Dec 1 Bela Automotives Limited(BELA)	8.79 ▲ 0.81 (10.15%)
Dewan Sugar / Dec 1 Dewan Sugar Mills Limited(DWSM)	2.70 ▲ 0.21 (8.43%)
Sec. Inv. Bank / Dec 1 Security Investment Bank Limited(SIBL)	6.50 ▲ 0.46 (7.62%)
Bannu Woollen / Dec 1 Bannu Woollen Mills Limited(BNWM)	30.21 ▲ 2.11 (7.51%)
Chashma / Dec 1 Chashma Sugar Mills Limited(CHAS)	65.58 ▲ 4.58 (7.51%)
Crescent Steel / Dec 1 Crescent Steel & Allied Products Limited(CSAP)	43.53 ▲ 3.04 (7.51%)
IBL HealthCare / Dec 1 IBL HealthCare Limited(IBLHL)	39.95 ▲ 2.79 (7.51%)
Atlas Honda Ltd / Dec 1 Atlas Honda Limited(ATLH)	373.27 ▲ 26.04 (7.50%)
MithchellsFruit / Dec 1 Mitchells Fruit Farms Limited(MFFL)	245.32 ▲ 17.12 (7.50%)

Stock	Price
Nazir Cotton Mills / Dec 1 Nazir Cotton Mills Limited(NCML)	3.07 ▼ -0.83 (-21.28%)
Trust Mod. / Dec 1 Trust Modaraba(TRSM)	1.43 ▼ -0.17 (-10.63%)
Dar-es-Salaam / Dec 1 Dar-es-Salaam Textile Mills Limited(DSML)	8.30 ▼ -0.95 (-10.27%)
Trust Sec.& Brok. / Dec 1 Trust Securities & Brokerage Limited(TSBL)	9.06 ▼ -0.94 (-9.40%)
Jahangir Sidd(Pref) / Dec 1 Jahangir Sidd(Pref)(JSCLPSA)	8.51 ▼ -0.74 (-8.00%)
Ideal Sp. / Dec 1 Ideal Spinning Mills Limited(IDSM)	14.66 ▼ -1.19 (-7.51%)
AKD Hospitality / Dec 1 AKD Hospitality Limited(AKDHL)	159.28 ▼ -12.91 (-7.50%)
Blessed Tex. / Dec 1 Blessed Textiles Limited(BTL)	317.28 ▼ -25.72 (-7.50%)
Universal Network (GEM) / Dec 1 Universal Network Systems Limited (GEM)(GEMUNSL)	32.99 ▼ -2.67 (-7.49%)
Metro Steel / Dec 1 Metropolitan Steel Corporation Limited(MSCL)	21.37 ▼ -1.73 (-7.49%)

Stock	Volume
B.O.Punjab / Dec 1 The Bank of Punjab(BOP)	50,052,966 ▼ -0.21
Cnergyico PK / Dec 1 Cnergyico PK Limited(CNERGY)	35,689,157 ▼ -0.07
Pak Refinery / Dec 1 Pakistan Refinery Limited(PRL)	35,409,231 ▼ -0.13
Fauji Fert Bin / Dec 1 Fauji Fertilizer Bin Qasim Limited(FFBL)	32,650,500 ▲ 1.67
WorldCall Telecom / Dec 1 Worldcall Telecom Limited(WTL)	30,751,189 ▼ -0.01
Fauji Foods Ltd / Dec 1 Fauji Foods Limited(FFL)	30,039,307 ▲ 0.58
Kohinoor Spining / Dec 1 Kohinoor Spinning Mills Limited(KOSM)	23,573,500 ▼ -0.20
The Searle Co. / Dec 1 The Searle Company Limited(SEARL)	21,694,598 ▼ -0.38
Dewan Cement / Dec 1 Dewan Cement Limited(DCL)	21,032,000 ▲ 0.07
Fauji Cement / Dec 1 Fauji Cement Company Limited(FCCL)	15,482,500 ▲ 0.67

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 30	285.78
USD PKR Interbank Buying / Nov 30	285.23
USD to Japanese Yen / Nov 30	147.02
USD to Swiss Franc / Nov 30	0.87
Pound Sterling to USD / Nov 30	1.27
Euro to USD / Nov 30	1.10
UK LIBOR % / Nov 29	5.46

Stock	Volume
S&P 500 / Nov 29	4550.58
Nasdaq / Nov 29	14258.49
Dow Jones / Nov 29	35430.42
India Sensex / Nov 30	66809.11
Tokyo Nikkei / Nov 30	33486.89
Hang Seng / Nov 30	17042.88
FTSE 100 / Nov 30	7437.50
Germany DAX 30 / Nov 30	16203.24
France CAC40 / Nov 30	7279.08

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 29	17735
Gold 10 Grams PKR / Nov 29	185614
Crude Oil USD/Barrel / Nov 30	78.06
Gold Spot USD/Ounce / Nov 30	2044.28
Cotton US¢/pound / Nov 30	79.69

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