Trends - Mario Draghi - Business Recorder

Mario Draghi

Bank of Italy says country needs cohesion to grow and cut debt

MILAN: Italy’s central bank called on Saturday for cohesion as the country battles a government crisis, saying it...

Published 07 Feb, 2021 04:07am

World

Key players rally behind Draghi in Italy government talks

Draghi "already has the confidence of Europe and the markets. Soon he will receive parliament's confidence," daily Il Corriere della Sera predicted.

Published 06 Feb, 2021 05:50pm

World

Italy's 5-Star opens slightly to Draghi ahead of government talks

Draghi starts consultations on forming new government.
Outgoing PM Conte wishes him well.
5-Star needs to be "mature" says party leader.
Berlusconi welcomes Draghi appointment.

Published 04 Feb, 2021 09:06pm

World

Italy's Draghi's talks with parties over government to end Saturday

Draghi, who received a mandate to try to form a new cabinet after the resignation of outgoing premier Giuseppe Conte.
He will meet the main parties on Friday and Saturday, finishing with the right-wing League and finally the anti-establishment 5-Star Movement.

Published 04 Feb, 2021 07:58pm

World

Draghi begins talks to form new Italian government

Conte quit last week after his coalition collapsed following the withdrawal of a key partner, former premier Matteo Renzi's Italia Viva party.

Published 04 Feb, 2021 04:58pm

World

Draghi calls for ‘unity’ as tries to form Italian govt

ROME: Former European Central Bank chief Mario Draghi urged Italy’s splintered parties Wednesday to get behind him...

Updated 04 Feb, 2021 10:01am

Markets

European shares rise

MILAN/FRANKFURT: European shares rose on Wednesday as focus remained on a busy day of earnings, with Italian shares...

Published 04 Feb, 2021 04:13am

Business & Finance

Euro drops against dollar in Europe

LONDON: The euro dropped to a two-month low against the dollar on Wednesday, trading just above $1.20, as investors...

Published 04 Feb, 2021 04:13am

Business & Finance

Italy's bond markets set for best day since June on Draghi effect

Italy's 10-year bond yield tumbled 10 basis points to 0.55% , its lowest level in two weeks. It was set for its biggest one-day fall since June 2020.
German 10-yr bond yields meanwhile were around 1 bp higher on the day at -0.48%, hovering around the highest level since three weeks.

Published 03 Feb, 2021 07:07pm

World

Crisis-hit Italy turns to former European bank chief Draghi

Mattarella called in Draghi after Italy's ruling parties failed to agree on a new government following a split last month that forced Giuseppe Conte to resign.

Published 03 Feb, 2021 05:14pm

Markets

Ex-ECB chief Draghi called in after Italy govt talks fail

President Sergio Mattarella's spokesman said he had asked the former head of the European Central Bank to meet with him for talks on Wednesday.

Published 03 Feb, 2021 09:37am

Business & Finance

Has the ECB made the wealth gap wider?

When it buys debt from financial institutions on secondary markets, i.e. after the debt has already been issued, the ECB and other central banks effectively lower the rate of interest that countries and companies must offer to obtain funds.

Published 06 Dec, 2020 05:47pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	156.17
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 25	5048.42
Nasdaq / Apr 25	15611.76
Dow Jones / Apr 25	38085.80
India Sensex / Apr 26	74171.68
Tokyo Nikkei / Apr 26	37934.72
Hang Seng / Apr 26	17626.75
FTSE 100 / Apr 26	8123.98
Germany DAX 30 / Apr 26	18016.27

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 25	20535
Gold 10 Grams PKR / Apr 25	240900
Crude Oil USD/Barrel / Apr 26	83.89
Gold Spot USD/Ounce / Apr 26	2336.33
Cotton US¢/pound / Apr 26	81.15
Petrol/Litre / Apr 27	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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