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Michael Hewson

SpaceX seeks record USD75bn in stock market debut

Published 05 Jun, 2026 05:48am

WASHINGTON: SpaceX, the rockets-to-AI behemoth led by Elon Musk, aims to raise USD75 billion in the biggest initial...

European shares edge higher as auto, chemical stocks rise

Published 27 May, 2026 01:53pm

The pan-European STOXX 600 index edged up 0.2% to 629.51 points

STOXX 600 logs weekly losses on inflation woes

Published 16 May, 2026 02:29am

FRANKFURT: Europe’s STOXX 600slid and logged weekly losses on Friday as concerns over energy-induced inflation...

French shares lag European peers on Sanofi’s dour forecast

Published 28 Oct, 2023 05:58am

PARIS: European shares fell to near seven-month lows on Friday and clocked a second week of losses, with France’s...

London stocks kick off Q4 lower as rising yields bite

Published 03 Oct, 2023 06:02am

LONDON: London stocks gave up early gains and closed lower on Monday as rising yields pushed equities down, while...

Sterling rises after retail sales partial recovery

Published 21 Nov, 2022 05:59am

LONDON: Sterling rose on Friday after better-than-expected retail sales for Britain a day after finance minister...

Weak pound hits two-week low vs euro after oversized ECB hike

Published 22 Jul, 2022 06:07am

LONDON: The British pound hit a two-week low against the euro on Thursday after a larger-than-expected rate hike ...

Commodities lead FTSE 100 higher

Published 19 Jul, 2022 06:00am

LONDON: Britain’s FTSE 100 rose on Monday lifted by commodity stocks and an upbeat global mood, while shares of...

Banks, commodity stocks lift European shares

Published 07 Jun, 2022 05:47am

PARIS: European shares rose on Monday, helped by banks and commodity-linked stocks, as investors kept an eye out for...

FTSE 100 rises as banks gain; windfall tax threatens utilities

Published 27 May, 2022 05:50am

LONDON: The UK’s top share index rose on Thursday on the back of gains in banks, but shares of utilities slumped...

British stocks slip as budget update fails to soothe nerves

Published 24 Mar, 2022 05:36am

LONDON: UK’s FTSE 100 ended lower on Wednesday as measures unveiled by finance minister Rishi Sunak to ease the...

Sterling holds at 2-week high after Spring statement

Published 24 Mar, 2022 05:36am

LONDON: Sterling held at a two-week high against the euro and softened slightly against the dollar on Wednesday,...

Nasdaq ends choppy week higher, as Amazon earnings stall tech rout

Published 07 Feb, 2022 05:22am

NEW YORK: Another bumpy ride ended on Friday with the Nasdaq recovering much of the ground it lost in the previous...

UK stocks slip

Published 29 Jan, 2022 06:05am

LONDON: British stocks weakened on Friday as investors locked in gains in bank shares, while the prospect of more...

Gold gains on Moderna CEO's Omicron warning

Published 30 Nov, 2021 01:01pm

Gold prices rose on Tuesday after Moderna's chief warned that COVID-19 vaccines are unlikely to be as effective...

Europe ends flat

Published 15 Sep, 2021 04:19am

LONDON: European stocks ended flat on Tuesday, with miners, banks and luxury stocks leading declines as optimism ...

FTSE 100 rises on Barclays boost, weakness in miners cap gains

Published 29 Jul, 2021 04:48am

LONDON: London's FTSE 100 rose on Wednesday, supported by a set of strong corporate earnings led by Barclays,...

Sterling slips, hovering around $1.39

Published 23 Jun, 2021 04:26am

LONDON: Sterling slipped against a slightly stronger dollar on Tuesday as currency markets were driven by last ...

Energy stocks, homebuilders boost FTSE 100; DH Smith slumps

Published 22 Jun, 2021 11:19pm

Britain's central bank is set to meet later this week to discuss its massive bond-buying program after inflation surged past its 2pc target in May.

Inflation fears rout global equity markets

Published 12 May, 2021 10:33am

"This is a cutting of the fat," O'Hare said. "It's also a reminder that valuation always matters."

Gold prices fall in Asia

Published 30 Mar, 2021 05:45am

SINGAPORE: Gold prices fell in Asian trade on Monday as a stronger US dollar and hopes for a swift global economic...

Gold eases in Europe

Published 11 Mar, 2021 05:25am

LONDON: Gold eased on Wednesday after registering its biggest jump in two months in the last session, as higher US...

European share rally pauses as focus turns to inflation; Kering slips

Published 17 Feb, 2021 03:20pm

Overall, analysts expect earnings at STOXX 600 firms to have fallen 19.9% in the fourth quarter, steeper than the 18.2% estimate issued last week, according to Refinitiv data. Still, earnings are expected to rebound nearly 43% in the first quarter.

Britain, where some 9 million people have been given their first dose of a vaccine, said it expected its supply of COVID-19 shots would not be interrupted.

Gold slips in Europe

Published 28 Jan, 2021 04:40am

LONDON/ROTTERDAM: Gold prices slipped in European trade on Wednesday as the dollar climbed, with investors’ ...

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 3	278.32
USD PKR Interbank Buying / Jul 3	278.12
USD to Japanese Yen / Jul 3	161.34
USD to Swiss Franc / Jul 3	0.80
Pound Sterling to USD / Jul 3	1.34
Euro to USD / Jul 3	1.14
SOFR % / Jul 3	3.62

Stock	Volume
S&P 500 / Jul 2	7,483.24
Nasdaq / Jul 2	25,832.67
Dow Jones / Jul 2	52,900.07
India Sensex / Jul 3	77,938.16
Tokyo Nikkei / Jul 3	69,243.68
Hang Seng / Jul 3	23,310.80
FTSE 100 / Jul 3	10,679.03
Germany DAX 30 / Jul 3	25,779.31
France CAC40 / Jul 3	8,508.07

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 2	17,780
Crude Oil USD/Barrel / Jul 3	68.69
Gold 10 Grams PKR / Jul 3	378,031
Gold Spot USD/Ounce / Jul 3	4,176.94
Cotton US¢/pound / Jul 3	77.12
Petrol/Litre / Jul 4	299.50
Diesel/Litre / Jul 4	311.47

Gainers
Losers
Leaders

Stock	Price
Dewan Sugar / Jul 3 Dewan Sugar Mills Limited(DWSM)	7.98 ▲ 0.96 (13.68%)
Ansari Sug. / Jul 3 Ansari Sugar Mills Limited(ANSM)	31.30 ▲ 2.85 (10.02%)
Dewan Farooque Sp. / Jul 3 Dewan Farooque Spinning Mills Limited(DFSM)	29.88 ▲ 2.72 (10.01%)
Quantum Data Tech. / Jul 3 Quantum Data Technologies Limited(QTECH)	51.87 ▲ 4.72 (10.01%)
Mughal Energy / Jul 3 Mughal Energy Limited(GEM)(GEMMEL)	24.73 ▲ 2.25 (10.01%)
Fateh Ind. / Jul 3 Fateh Industries Limited(FIL)	293.11 ▲ 26.65 (10%)
Fateh Sports / Jul 3 Fateh Sports Wear Limited(FSWL)	179.23 ▲ 16.29 (10%)
IbrahimFibres / Jul 3 Ibrahim Fibres Limited(IBFL)	271.37 ▲ 24.67 (10%)
S.G.Power / Jul 3 S.G. Power Limited(SGPL)	106.67 ▲ 9.7 (10%)
Shahzad Tex. / Jul 3 Shahzad Textile Mills Limited(SZTM)	114.95 ▲ 10.45 (10%)

Stock	Price
First Fid. Leasing / Jul 3 First Fidelity Leasing Modaraba(FFLM)	24.03 ▼ -2.67 (-10%)
Chashma / Jul 3 Chashma Sugar Mills Limited(CHAS)	132.21 ▼ -14.24 (-9.72%)
UBLPakistanETF / Jul 3 UBLPakistan Enterprise ETF(UBLPETF)	30.75 ▼ -2.72 (-8.13%)
First Imrooz Mod. / Jul 3 First Imrooz Modaraba(FIMM)	219.97 ▼ -14.2 (-6.06%)
Ashfaq Textile / Jul 3 Ashfaq Textile Mills Limited(ASHT)	35.31 ▼ -2.06 (-5.51%)
Sitara Chemical / Jul 3 Sitara Chemical Industries Limited(SITC)	811.04 ▼ -46.47 (-5.42%)
Gammon Pak / Jul 3 Gammon Pakistan Limited(GAMON)	19.76 ▼ -1.13 (-5.41%)
Pak Agro Pack. (GEM) / Jul 3 Pak Agro Packaging Limited (GEM)(GEMPAPL)	13.25 ▼ -0.75 (-5.36%)
TPL Corp Ltd / Jul 3 TPL Corp Limited(TPL)	16.79 ▼ -0.89 (-5.03%)
Next Capital / Jul 3 Next Capital Limited(NEXT)	13.11 ▼ -0.69 (-5%)

Stock	Volume
TPL REIT Fund I / Jul 3 TPL REIT Fund I(TPLRF1)	72,948,993 ▼ -0.04
TPL Corp Ltd / Jul 3 TPL Corp Limited(TPL)	48,406,341 ▼ -0.89
TPL Properties / Jul 3 TPL Properties Limited(TPLP)	34,286,380 ▲ 0.41
Ghani Chem. Ind. / Jul 3 Ghani Chemical Industries Limited(GCIL)	27,424,496 ▲ 2.43
Secure Logistics-Trax Group / Jul 3 Secure Logistics-Trax Group Limited(SLGL)	26,707,486 ▲ 0.23
F. Nat.Equities / Jul 3 First National Equities Limited(FNEL)	25,865,871 ▲ 0
Trust Sec.& Brok. / Jul 3 Trust Securities & Brokerage Limited(TSBL)	21,845,437 ▲ 0.11
Lotte Chemical / Jul 3 Lotte Chemical Pakistan Limited(LOTCHEM)	21,059,671 ▲ 0.91
Pak Reinsurance / Jul 3 Pakistan Reinsurance Company Limited(PAKRI)	18,996,584 ▲ 0.39
P.T.C.L. / Jul 3 Pakistan Telecommunication Company Ltd(PTC)	16,650,708 ▲ 1.65

Michael Hewson

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