Trends - Michael Hewson - Business Recorder

Michael Hewson

French shares lag European peers on Sanofi’s dour forecast

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

Published 28 Oct, 2023 05:58am

Markets

London stocks kick off Q4 lower as rising yields bite

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

Published 03 Oct, 2023 06:02am

Business & Finance

Sterling rises after retail sales partial recovery

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

Published 21 Nov, 2022 05:59am

Business & Finance

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

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

Published 22 Jul, 2022 06:07am

Markets

Commodities lead FTSE 100 higher

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

Published 19 Jul, 2022 06:00am

Markets

Banks, commodity stocks lift European shares

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

Published 07 Jun, 2022 05:47am

Markets

FTSE 100 rises as banks gain; windfall tax threatens utilities

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

Published 27 May, 2022 05:50am

Markets

British stocks slip as budget update fails to soothe nerves

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

Published 24 Mar, 2022 05:36am

Business & Finance

Sterling holds at 2-week high after Spring statement

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

Published 24 Mar, 2022 05:36am

Markets

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

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

Published 07 Feb, 2022 05:22am

Markets

UK stocks slip

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

Published 29 Jan, 2022 06:05am

Markets

Gold gains on Moderna CEO's Omicron warning

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

Published 30 Nov, 2021 01:01pm

Markets

Europe ends flat

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

Published 15 Sep, 2021 04:19am

Markets

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

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

Published 29 Jul, 2021 04:48am

Business & Finance

Sterling slips, hovering around $1.39

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

Published 23 Jun, 2021 04:26am

Markets

Energy stocks, homebuilders boost FTSE 100; DH Smith slumps

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.

Published 22 Jun, 2021 11:19pm

Markets

Inflation fears rout global equity markets

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

Published 12 May, 2021 10:33am

Markets

Gold prices fall in Asia

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

Published 30 Mar, 2021 05:45am

Markets

Gold eases in Europe

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

Published 11 Mar, 2021 05:25am

Markets

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

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.

Published 17 Feb, 2021 03:20pm

Markets

Gold rises in Europe

NEW YORK: Gold rose on Friday as the dollar retreated slightly but was set for its worst weekly dip in four as...

Published 06 Feb, 2021 04:06am

Business & Finance

Sterling rises

LONDON: The British pound rose on Monday to its highest against the euro since May 2020 and came close to recent...

Published 02 Feb, 2021 04:29am

Markets

British vaccines push pound to highest since May against euro

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.

Updated 02 Feb, 2021 09:44am

Markets

Gold slips in Europe

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

Published 28 Jan, 2021 04:40am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 19	278.45
USD PKR Interbank Buying / Apr 19	278.15
USD to Japanese Yen / Apr 19	154.37
USD to Swiss Franc / Apr 19	0.91
Pound Sterling to USD / Apr 19	1.24
Euro to USD / Apr 19	1.06

Stock	Volume
S&P 500 / Apr 18	5011.12
Nasdaq / Apr 18	15601.50
Dow Jones / Apr 18	37775.38
India Sensex / Apr 19	72222.48
Tokyo Nikkei / Apr 19	37068.35
Hang Seng / Apr 19	16205.02
FTSE 100 / Apr 19	7834.89
Germany DAX 30 / Apr 19	17717.67

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 18	21735
Gold 10 Grams PKR / Apr 18	214077
Petrol/Litre / Apr 19	293.94
Crude Oil USD/Barrel / Apr 19	84.27
Gold Spot USD/Ounce / Apr 19	2382.04
Diesel/Litre / Apr 19	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 19 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 19 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 19 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 19 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 19 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 19 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 19 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 19 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 19 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 19 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 19 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 19 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 19 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 19 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 19 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 19 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 19 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Calculate your monthly liability in FY24

Michael Hewson

Most Popular