Trends - MANILA - Business Recorder

MANILA

Thai baht subdued ahead of central bank decision; stocks rise

Emerging Asian currencies traded in narrow ranges on Wednesday, with the Thailand baht drifting ahead of a closely...

Published 10 Apr, 2024 12:52pm

World

EU ready to strengthen cooperation with the Philippines on maritime security

MANILA: European Commission President Ursula von der Leyen said on Monday the European Union was ready to strengthen...

Published 31 Jul, 2023 09:58am

World

Magnitude 6.3 earthquake strikes northern Philippines

MANILA: An earthquake of magnitude 6.3 struck the Philippines’ main island on Thursday, authorities said, halting...

Published 15 Jun, 2023 09:35am

World

Fire destroys historic Philippine post office building

MANILA: A huge fire destroyed a historic post office in the Philippine capital Manila, officials said Monday. More...

Published 22 May, 2023 11:19am

Life & Style

Travelling over the holidays: 8 destinations worth considering

As we hurtle through the last half of Ramadan, there are upcoming Eid holidays to think about. Over the horizon...

Updated 07 Apr, 2023 05:30pm

World

Tropical storm makes landfall near Philippine capital, work suspended

MANILA: Philippines President Ferdinand Marcos declared suspension of government work and classes for Monday as a...

Published 26 Sep, 2022 07:35am

World

Powerful 7.1 earthquake strikes Philippines; at least 4 dead

MANILA: A powerful 7.1 magnitude earthquake struck the northern Philippine island of Luzon on Wednesday killing four...

Updated 27 Jul, 2022 12:09pm

World

Philippines widens Covid restrictions outside capital

MANILA: The Philippines will expand coronavirus restrictions in Manila from Wednesday to include more than 11 ...

Published 04 Jan, 2022 09:34am

Markets

Asian FX, stocks mostly lower after Powell's renomination stokes rate bets

Stocks and currencies in Asia's emerging markets were mostly down on Tuesday after Federal Reserve Chair Jerome...

Published 23 Nov, 2021 10:22am

Markets

Most markets rise in Asia, with central bank meetings in focus

HONG KONG: Asian markets mostly rose Tuesday as traders bided their time ahead of key central bank meetings this ...

Published 02 Nov, 2021 09:29am

World

'Burnt out': Philippine nurses battle Covid, resignations

MANILA: Exhausted nurses in the Philippines are struggling to care for patients as colleagues contract Covid-19 or...

Published 18 Sep, 2021 09:29am

Markets

Malaysia shares weaken ahead of c.bank rate decision

Equities in the broader region came under pressure following a weaker overnight session on Wall Street

Published 09 Sep, 2021 11:59am

Markets

Asian markets mixed as traders weigh outlook, Tokyo breaks 30,000

Tokyo's Nikkei 225 briefly broke 30,000 for the first time in five months on growing expectations for a fresh injection of stimulus after Japan's prime minister said he would step aside, paving the way for a new big-spending successor

Published 07 Sep, 2021 09:23am

World

Pandemic threatens Asia-Pacific's progress on global development goals, says ADB

Developing Asia's extreme poverty rate - or the proportion of its people living on less than $1.90 a day - would have fallen to 2.6% in 2020 from 5.2% in 2017 without COVID-19

Published 24 Aug, 2021 12:02pm

Markets

Philippine stocks, peso rise as c.bank vows easy policy

The Thai baht, Indonesian rupiah and South Korean won lost between 0.1% and 0.3%

Published 09 Aug, 2021 10:31am

Markets

Asian markets rise but Fed taper talk, Delta keep traders on edge

Hong Kong, Shanghai, Sydney, Seoul, Wellington, Manila and Jakarta all rose, though Taipei slipped. Tokyo and Singapore were closed for holidays

Published 09 Aug, 2021 09:42am

Markets

Asian markets mostly up as recovery optimism takes centre stage

Still, in the morning Wednesday was an up day following a record close for the S&P 500 on Wall Street and helped by some bargain-hunting

Published 04 Aug, 2021 10:04am

Markets

Asian markets mostly up but China, Delta fears temper optimism

The bill includes huge spending on roads and bridges, the electric grid, transit, broadband and drinking water

Published 02 Aug, 2021 10:27am

World

Philippines says US military deal 'in full force again'

The deal has been prolonged three times since then, most recently in June after months of negotiations between the two sides

Updated 30 Jul, 2021 10:10am

Markets

Asian markets mixed but traders on edge after China crackdown

Hong Kong sank one percent to extended Monday's drop of more than four percent after investors were spooked by Beijing's latest move to tighten its grip on the economy

Published 27 Jul, 2021 09:31am

Markets

Asian markets drop on fresh inflation, virus worries

That has raised worries that the expected recovery will not be as strong as first hoped

Updated 19 Jul, 2021 11:49am

Markets

Asian markets mixed as virus fears temper recovery optimism

Having fluctuated over the past three days, Asia equities were mixed in early trade Thursday

Published 01 Jul, 2021 09:26am

Markets

Asian markets sink as traders contemplate Fed tightening

Others said the pullback would likely be seen as healthy because many stocks appeared to be somewhat overvalued.

Published 21 Jun, 2021 09:52am

Business & Finance

Philippine noodle giant Monde Nissin opens lower on debut

The maker of the Philippines' best-selling instant noodle brand Lucky Me! opened down 0.15 percent at 13.48 pesos after being offered at 13.50 pesos in a floatation that raised 48.6 billion pesos.

Published 01 Jun, 2021 11:02am

Markets

Oil, pound rally on recovery optimism, equities mixed ahead of US jobs

On currency markets, the pound hit a more than three-year high as Britain's vaccine rollout continues and the country announced just one coronavirus-related death Monday, the lowest since the pandemic began.

Published 01 Jun, 2021 10:44am

Markets

Most Asian markets build on rally as inflation fears wane

"The inflation debate is not over, but the majority of Wall Street believes it will be transitory."

Published 26 May, 2021 10:13am

Markets

Asian markets rally as inflation fears ease, oil extends gains

Bitcoin was holding around $38,500 -- having almost fallen through $30,000 recently for the first time since January -- after Musk tweeted support for a group attempting to make the mining of the currency less environmentally damaging.

Published 25 May, 2021 09:44am

Markets

Asian markets mixed after Fed taper talk, bitcoin stablises

The digital unit was sent crashing to almost $30,000 at one point, less than half its record high reached last month, in reaction to Beijing's warning that it would not be allowed for transactions.

Published 20 May, 2021 10:35am

Markets

Asia markets mostly rise but virus, inflation fears linger

"Markets continue to view this progress favorably, with long-term interest rates remaining remarkably calm and the stock market, so far, avoiding any sharp correction."

Published 18 May, 2021 10:28am

Markets

Most Asian markets lifted by recovery optimism

Better access for more countries to the drugs would help allow them to reopen their economies sooner and help the global recovery effort.

Published 06 May, 2021 11:24am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 27	278.43
USD PKR Interbank Buying / May 27	278.23
USD to Japanese Yen / May 28	157.24
USD to Swiss Franc / May 28	0.91
Pound Sterling to USD / May 28	1.28
Euro to USD / May 28	1.08

Stock	Volume
S&P 500 / May 28	5306.04
India Sensex / May 28	75170.45
Tokyo Nikkei / May 28	38790.40
Nasdaq / May 28	17019.88
Hang Seng / May 28	18612.70
FTSE 100 / May 28	8254.18
Dow Jones / May 28	38852.86
Germany DAX 30 / May 28	18677.87

Item	Value
Karachi Cotton PKR/37.32 KG / May 27	19935
Crude Oil USD/Barrel / May 28	80.12
Gold 10 Grams PKR / May 28	206018
Gold Spot USD/Ounce / May 28	2358.18
Cotton US¢/pound / May 28	78.80
Petrol/Litre / May 29	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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