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Michael Hewson

European shares snap 4-week rally as higher oil prices temper strong earnings

Published 15 Aug, 2026 05:03am

FRANKFURT: European shares finished lower on Friday and snapped a four-week winning streak, as rising crude prices...

Europe’s STOXX 600 ends week at all-time high

Published 08 Aug, 2026 04:54am

FRANKFURT: Europe’s STOXX 600 rallied to a fourth consecutive record close on Friday, led by technology stocks and a...

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 / Nov 13	276.80 ▼ -0.01
USD PKR Interbank Buying / Nov 13	276.60 ▼ -0.01
USD to Japanese Yen / Nov 13	159.71 ▼ -0.21
USD to Swiss Franc / Nov 13	0.84 ▲ 0.003
Pound Sterling to USD / Nov 13	1.32 ▼ -0.0022
Euro to USD / Nov 13	1.10 ▼ -0.0036
SOFR % / Nov 12	3.90 ▲ 0.01

Stock	Volume
S&P 500 / Nov 13	7,561.67
India Sensex / Nov 13	81,592.45
Tokyo Nikkei / Nov 13	61,142.35
Nasdaq / Nov 13	25,136.27
Hang Seng / Nov 13	23,637.60
FTSE 100 / Nov 13	10,902.56
Dow Jones / Nov 13	52,347.55
Germany DAX 30 / Nov 13	26,749.95
France CAC40 / Nov 13	8,368.91

Item	Value
Petrol/Litre / Nov 14	330
Diesel/Litre / Nov 14	360
Crude Oil USD/Barrel / Nov 13	88.56
Karachi Cotton PKR/37.32 KG / Nov 13	18,080
Gold 10 Grams PKR / Nov 13	352,911
Gold Spot USD/Ounce / Nov 13	3,884.49
Cotton US¢/pound / Nov 13	82.61

Gainers
Losers
Leaders

Stock	Price
Yousuf Weaving / Nov 13 Yousaf Weaving Mills Limited(YOUW)	6.07 ▲ 1 (19.72%)
Dewan Sugar / Nov 13 Dewan Sugar Mills Limited(DWSM)	8.77 ▲ 1 (12.87%)
LSE Financial Serv. / Nov 13 LSE Financial Services Limited(LSEFSL)	2.64 ▲ 0.28 (11.86%)
Shabbir Tiles / Nov 13 Shabbir Tiles & Ceramics Limited(STCL)	10.10 ▲ 1 (10.99%)
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	1.38 ▲ 0.13 (10.4%)
Pervez Ahmed Consultancy / Nov 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	12.06 ▲ 1.1 (10.04%)
Unicap Modaraba / Nov 13 Unicap Modaraba(UCAPM)	22.84 ▲ 2.08 (10.02%)
Leather Up Ltd. / Nov 13 Leather Up Limited(LEUL)	82.90 ▲ 7.54 (10.01%)
Ningbo Green Light / Nov 13 Ningbo Green Light Energy Limited(NGLEL)	16.48 ▲ 1.5 (10.01%)
Zuma Resources / Nov 13 Zuma Resources Limited(ZUMA)	33.75 ▲ 3.07 (10.01%)

Stock	Price
Arpak Int. / Nov 13 Arpak International Investments Ltd.(ARPAK)	124.84 ▼ -13.87 (-10%)
First AL-Noor Mod. / Nov 13 First Al-Noor Modaraba(FANM)	12.64 ▼ -1.36 (-9.71%)
Shadman Cotton / Nov 13 Shadman Cotton Mills Limited(SHCM)	69.87 ▼ -6.73 (-8.79%)
Fateh Sports / Nov 13 Fateh Sports Wear Limited(FSWL)	193.60 ▼ -16.58 (-7.89%)
Asim Textile / Nov 13 Asim Textile Mills Limited(ASTM)	62.73 ▼ -4.34 (-6.47%)
D.M. Corporation / Nov 13 D.M. Corporation Limited(DMC)	151.06 ▼ -9.64 (-6%)
Bhanero Textile / Nov 13 Bhanero Textile Mills Limited(BHAT)	1,207.41 ▼ -76.42 (-5.95%)
Hira Textile / Nov 13 Hira Textile Mills Limited(HIRAT)	4.01 ▼ -0.24 (-5.65%)
J.A.Textile / Nov 13 J.A. Textile Mills Limited(JATM)	73.72 ▼ -4.26 (-5.46%)
AN Textile Mills / Nov 13 AN Textile Mills Limited(ANTM)	58.55 ▼ -3.21 (-5.2%)

Stock	Volume
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	303,195,710 ▲ 0.13
Kohinoor Spinning / Nov 13 Kohinoor Spinning Mills Limited(KOSM)	59,505,118 ▲ 0.34
LSE Financial Serv. / Nov 13 LSE Financial Services Limited(LSEFSL)	46,791,082 ▲ 0.28
Dost Steels Ltd. / Nov 13 Dost Steels Limited(DSL)	43,180,738 ▲ 0.37
TPL Properties / Nov 13 TPL Properties Limited(TPLP)	32,746,701 ▲ 0.48
Tasdeeq Info. Serv. / Nov 13 Tasdeeq Information Services Limited(TISL)	27,571,943 ▲ 0.05
F. Nat.Equities / Nov 13 First National Equities Limited(FNEL)	24,996,122 ▲ 0.01
Yousuf Weaving / Nov 13 Yousaf Weaving Mills Limited(YOUW)	24,965,743 ▲ 1
Cnergyico PK / Nov 13 Cnergyico PK Limited(CNERGY)	22,527,745 ▲ 0.14
Dar-es-Salaam / Nov 13 Dar-es-Salaam Textile Mills Limited(DSML)	21,467,835 ▲ 0.82

Michael Hewson

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