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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 / Sep 29	277.32
USD PKR Interbank Buying / Sep 29	277.12
USD to Japanese Yen / Sep 30	157.03
USD to Swiss Franc / Sep 30	0.83
Pound Sterling to USD / Sep 30	1.32
Euro to USD / Sep 30	1.13
SOFR % / Sep 28	3.90

Stock	Volume
S&P 500 / Sep 29	7,670.84
Nasdaq / Sep 29	26,797.54
Dow Jones / Sep 29	51,349.92
India Sensex / Sep 30	72,729.39
Tokyo Nikkei / Sep 30	66,728.56
Hang Seng / Sep 30	24,534.37
FTSE 100 / Sep 30	10,714.17
Germany DAX 30 / Sep 30	25,546.29
France CAC40 / Sep 30	8,055.71

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 29	18,780
Gold 10 Grams PKR / Sep 29	374,945
Petrol/Litre / Sep 30	387.54
Crude Oil USD/Barrel / Sep 30	89.69
Gold Spot USD/Ounce / Sep 30	4,309.98
Diesel/Litre / Sep 30	402.24
Cotton US¢/pound / Sep 30	79.18

Gainers
Losers
Leaders

Stock	Price
Colony Tex.Mills Ltd / Sep 30 Colony Textile Mills Limited(CTM)	7.26 ▲ 1 (15.97%)
Kohinoor Spinning / Sep 30 Kohinoor Spinning Mills Limited(KOSM)	5.73 ▲ 0.77 (15.52%)
Lse Spac-I Ltd. / Sep 30 Lse Spac-I Limited(SPAC1)	20.41 ▲ 1.86 (10.03%)
Tri-Star Mutual / Sep 30 Tri-Star Mutual Fund Limited(TSMF)	16.57 ▲ 1.51 (10.03%)
Sindh Modaraba / Sep 30 Sindh Modaraba(SINDM)	33.28 ▲ 3.03 (10.02%)
Ghazi Fabrics / Sep 30 Ghazi Fabrics International Limited(GFIL)	26.38 ▲ 2.4 (10.01%)
Asim Textile / Sep 30 Asim Textile Mills Limited(ASTM)	113.96 ▲ 10.36 (10%)
Dadex Eternit / Sep 30 Dadex Eternit Limited(DADX)	150.32 ▲ 13.67 (10%)
First Punjab Modaraba / Sep 30 First Punjab Modaraba(FPJM)	29.04 ▲ 2.64 (10%)
Oilboy Energy / Sep 30 Oilboy Energy Limited(OBOY)	18.59 ▲ 1.69 (10%)

Stock	Price
Ashfaq Textile / Sep 30 Ashfaq Textile Mills Limited(ASHT)	50.57 ▼ -5.62 (-10%)
Ghani Chemworld Limited(PRS) / Sep 30 Ghani Chemworld Limited(PRS)(GCWLPRS)	118.83 ▼ -13.16 (-9.97%)
Burj Clean Energy Modaraba / Sep 30 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	11.25 ▼ -1.15 (-9.27%)
The Thal Ind.Corp. / Sep 30 The Thal Industries Corporation Limited(TICL)	918.13 ▼ -92.07 (-9.11%)
Pakistan Services / Sep 30 Pakistan Services Limited(PSEL)	1,019.63 ▼ -99.15 (-8.86%)
Mandviwala / Sep 30 Mandviwala Mauser Plastic Industries(MWMP)	77.07 ▼ -7.14 (-8.48%)
S.G.Power / Sep 30 S.G. Power Limited(SGPL)	23.41 ▼ -1.84 (-7.29%)
D.M. Corporation / Sep 30 D.M. Corporation Limited(DMC)	165.33 ▼ -11.63 (-6.57%)
Cordoba Logistics / Sep 30 Cordoba Logistics & Ventures Limited(CLVL)	28.32 ▼ -1.94 (-6.41%)
EMCO Industries / Sep 30 Emco Industries Limited(EMCO)	32.10 ▼ -1.93 (-5.67%)

Stock	Volume
Pak Int.Bulk / Sep 30 Pakistan International Bulk Terminal(PIBTL)	73,446,994 ▲ 0.11
Kohinoor Spinning / Sep 30 Kohinoor Spinning Mills Limited(KOSM)	58,387,095 ▲ 0.77
Tasdeeq Info. Serv. / Sep 30 Tasdeeq Information Services Limited(TISL)	50,882,891 ▼ -0.09
Cnergyico PK / Sep 30 Cnergyico PK Limited(CNERGY)	28,308,841 ▲ 0.03
D.S. Ind. Ltd. / Sep 30 D.S. Industries Limited(DSIL)	21,823,804 ▲ 1.27
Arif Habib Corp / Sep 30 Arif Habib Corporation Limited(AHCL)	17,873,579 ▲ 0.1
Pak Refinery / Sep 30 Pakistan Refinery Limited(PRL)	17,817,038 ▲ 0.45
WorldCall Telecom / Sep 30 Worldcall Telecom Limited(WTL)	17,431,935 ▼ -0.01
S.G.Power / Sep 30 S.G. Power Limited(SGPL)	16,575,953 ▼ -1.84
F. Nat.Equities / Sep 30 First National Equities Limited(FNEL)	14,238,200 ▲ 0

Michael Hewson

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