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Oil prices

Latam FX struggle against buoyant dollar; Surging oil lifts Colombian peso

MSCI Latam FX index on track for worst day in five months.
Oil prices lift Colombian peso.
Colombia's new deficit forecast raises downgrade prospect –CS.

Published 05 Mar, 2021 09:36pm

Markets

Palm oil up for second day

KUALA LUMPUR: Malaysian palm oil futures on Thursday rose for a second straight session on the back of strength in...

Published 05 Mar, 2021 05:17am

Markets

Oil strengthens on prospect of OPEC+ maintaining supply cuts, drop in US inventories

"Prices hinge on Russia's and Saudi Arabia's preference to add more crude oil production," said Stephen Innes, global market strategist at Axi.

Published 04 Mar, 2021 09:48am

Markets

Oil gains as US fuel stocks drop, OPEC+ considers deal rollover

Kuwaiti Oil Minister Mohammad al-Fares said the market was being supported by optimism over vaccinations.

Published 04 Mar, 2021 09:44am

BR Research

SHEL – recovery in 2H

Shell Pakistan Limited (PSX: SHEL) announced its financial performance for 2020 this week and the earnings of the...

Published 04 Mar, 2021 07:41am

Markets

Oil prices rise over 3pc

NEW YORK: Oil prices rose more than 3% on Wednesday, boosted by a huge drop in US fuel inventories and expectations...

Published 04 Mar, 2021 04:58am

Markets

OPEC+ considering oil output roll over for April, sources say

The market has been expecting OPEC+ to ease production cuts by around 500,000 barrels per day (bpd) from April.
OPEC leader Saudi Arabia has also been expected to end its voluntary production cut of an additional 1 million bpd.

Published 03 Mar, 2021 05:50pm

Markets

Oil rises on demand hopes after days of sell-off

"The recent selloff may help reinforce Saudi's cautious stance and delay any production increase," said Stephen Innes, global market strategist at Axi.

Published 03 Mar, 2021 10:47am

BR Research

Inflation: Pawri not just yet

The inflation dragon is showing teeth again. The headline number stood at 8.7 percent in Feb-21 – highest monthly...

Updated 03 Mar, 2021 09:31am

Markets

Oil prices up before OPEC+ talks on supply

NEW YORK: Oil prices were little changed on Tuesday before this week’s OPEC+ meeting, with producers in the group...

Published 03 Mar, 2021 05:49am

Markets

Oil steady before OPEC+ talks on supply amid economic recovery

OPEC+ meets on Thursday to discuss output.
OPEC secretary general sees last year's headwinds easing.
Oil rices rallied last week to one-year peak.

Published 02 Mar, 2021 08:36pm

Markets

Canadian dollar adds to Monday's rally as economy grows

Canadian dollar gains 0.1% against the greenback.
Economy grows annualized 9.6% in fourth quarter.
Price of US oil increases 0.9%.
Canadian bond yields rise across a steeper curve.

Published 02 Mar, 2021 07:59pm

Markets

Oil slips on fears over higher OPEC supply, slower China demand

OPEC+ meets on Thursday to discuss output.
OPEC output drops in Feb on additional Saudi cut –survey.
China's weak factory activity raises fears over slow oil demand.

Published 02 Mar, 2021 06:05pm

Markets

Oil slides 1% on fears over higher OPEC supply, slower China demand

Market sentiment was also dampened by weak manufacturing data out of China, Kikukawa said.

Published 02 Mar, 2021 01:33pm

Markets

Oil jumps on vaccine optimism, US stimulus

US House passes $1.9 trillion COVID-19 relief plan.
China Feb factory activity growth drops.
Euro zone factories buzzing in Feb as demand soars.
OPEC+ meets on Thursday to discuss output.

Published 01 Mar, 2021 05:51pm

Markets

Oil drops on dollar strength and OPEC+ supply expectations

LONDON: Oil prices fell on Friday as bond price rout led to gains in the US dollar while crude supply is expected to...

Published 27 Feb, 2021 04:29am

Markets

Oil drops on dollar strength and OPEC+ supply expectations

Rout in bond markets sends yields soaring.
Market expects increased oil supply.
OPEC+ producers meet on March 4.
Brent and WTI on track for 20% monthly gain.

Published 26 Feb, 2021 05:49pm

Markets

Most Gulf indexes rebound

DUBAI: Most bourses in the Gulf rebounded in early trade on Thursday, tracking a rally in global equity markets and ...

Published 26 Feb, 2021 05:20am

Markets

Oil rises despite surprise US stock build weighs

US crude stocks rise 1 mln bbls –API.
Market eyes EIA inventory data due later in the day.
Houston ship channel slowly returning to normal traffic.

Published 24 Feb, 2021 09:39pm

Markets

Oil prices drop on surprise build in US crude stocks

"This rally has certainly overshot itself... We are at levels much higher than pre-Covid and demand nowhere near those levels," said Sukrit Vijayakar, director of energy consultancy Trifecta.

Published 24 Feb, 2021 02:22pm

BR Research

Power generation: Furnace oil in January

Pakistan’s power system generation has grown by 2.5 percent year-on-year in the seven months of the fiscal year so...

Published 24 Feb, 2021 07:30am

Markets

Higher oil prices push Saudi index up, Egypt declines

DUBAI: Gulf markets ended mostly higher on Tuesday, with Saudi Arabia’s benchmark index leading gains, while...

Published 24 Feb, 2021 05:24am

Markets

Oil holds near year-long highs

• Houston ship channel traffic slowly coming back to normal NEW YORK: Oil prices were steady on Tuesday, trading...

Published 24 Feb, 2021 05:24am

Markets

Oil holds near year-long highs as COVID lockdowns seen easing

Brent could hit $70-75 a barrel in third quarter, say banks.
US crude, refined product stocks seen falling last week.
Coming up: US API inventory data at 2130 GMT.

Published 23 Feb, 2021 09:26pm

Markets

Oil prices rise with storm-hit US output set for slow return

Brent crude was up 51 cents, or 0.8%, at $63.42 a barrel.
"With three-quarters of fracking crews standing down, the likelihood of a fast resumption is low," ANZ Research said in a note.

Published 22 Feb, 2021 07:17pm

Markets

Oil extends losses as Texas prepares to ramp up output

LONDON: Oil prices fell from recent highs for a second day on Friday as Texas energy companies began preparations to...

Updated 20 Feb, 2021 06:27pm

Markets

Italy's Eni beats expectations in last quarter after 'year like no other'

The unprecedented fall in demand triggered by the COVID-19 pandemic led bigger European rivals Shell and BP and US majors Exxon Mobil and Chevron to report heavy losses for the year.
Eni shares fell sharply last year, hitting their lowest in a quarter of a century as the health pandemic shook oil markets.

Published 19 Feb, 2021 06:20pm

Markets

India urges OPEC+ to ease output cuts to rein in oil prices

The price-sensitive Indian consumers are affected by rising petroleum product prices.
Besides hitting fuel demand, higher oil prices could potentially hinder economic growth in developing countries including India, he said.

Published 17 Feb, 2021 08:37pm

Markets

Oil extends rally on Texas supply disruptions

Texas cold deep freeze shut down oil wells and refineries.
OPEC+ likely to ease curbs on supply after April – sources.

Published 17 Feb, 2021 05:50pm

Markets

Oil steady amid Texas supply disruptions, potential OPEC+ moves

The OPEC+ group will meet to set policy on March 4.

Published 17 Feb, 2021 01:18pm

Forex
World
Commodity

Currency	Rate
USD to Japanese Yen / Jan 1	106.93
USD to Swiss Franc / Jan 1	0.94
Pound Sterling to USD / Jan 1	1.26

Stock	Volume
S&P 500 / Jan 1	3185.04
India Sensex / Jan 1	36594.33
Tokyo Nikkei / Jan 1	22290.81
Nasdaq / Jan 1	10617.44
Hang Seng / Jan 1	25727.41
FTSE 100 / Jan 1	6095.41
Dow Jones / Jan 1	26075.30
Germany DAX 30 / Jan 1	12633.71

Item	Value
Crude Oil USD/Barrel / Jan 1	40.55
Karachi Cotton PKR/37.32 KG / Jan 1	8500
Gold 10 Grams PKR / Jan 1	93364
Gold Spot USD/Ounce / Jan 1	1801.90

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 13 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 13 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 13 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 13 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 13 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 13 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 13 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 13 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 13 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 13 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 13 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 13 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 13 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 13 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 13 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 13 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 13 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 13 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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