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UAE’s April non-oil business activity slows sharply on flood impact, PMI shows

DUBAI: Growth in the United Arab Emirates’ non-oil business sector eased to its lowest level in eight months in...

Published 03 May, 2024 10:26am

Markets

Oil prices set for steepest weekly drop in 3 months

LONDON: Oil prices edged higher on Friday yet remained on course for their steepest weekly loss in three months...

Updated 03 May, 2024 05:37pm

Markets

Oil slides to 7-week low

NEW YORK: Oil prices fell to a seven-week low for the second consecutive session on Thursday, weighed by weakening...

Published 03 May, 2024 06:29am

Markets

Oil prices rebound after closing at seven-week low

LONDON: Oil prices rose on Thursday, rebounding from three days of losses that took prices to their lowest since...

Updated 02 May, 2024 06:02pm

Markets

Oil falls to 7-week low on surprise build in US storage

NEW YORK: Oil prices fell about 3% to a seven-week low on Wednesday on a surprise build in US crude stocks, the...

Published 02 May, 2024 04:58am

Markets

Japanese rubber futures drop as softer oil prices diminish risk appetite

TOKYO: Japanese rubber futures dropped on Wednesday, as softer oil prices and falling Tokyo stock market diminished...

Published 02 May, 2024 04:58am

Markets

Oil falls to 7-week low on surprise build in US storage, Middle East ceasefire hopes

US Energy Information Administration says energy firms added surprise 7.3 million barrels of crude into stockpiles during week ended April 26

Updated 01 May, 2024 08:36pm

Markets

OPEC oil output falls in April, led by Iran and Iraq, survey finds

LONDON: OPEC oil output has fallen in April, a Reuters survey found on Tuesday, reflecting lower exports from Iran,...

Published 01 May, 2024 04:14am

Markets

Saudi Arabia may raise prices for most oil grades to Asia for June

SINGAPORE: Top oil exporter Saudi Arabia may raise prices for most of the crude grades it sells to Asia in June to...

Published 29 Apr, 2024 03:02pm

Markets

Oil prices on track to snap two-week losing streak

LONDON: Oil prices rose on Friday, on track to end higher this week after two straight weeks of losses, after a top...

Updated 26 Apr, 2024 03:20pm

Markets

Oil eases on US fuel demand concerns

HOUSTON: Oil prices edged down on Thursday after slower economic growth in the first quarter added to concerns of...

Published 26 Apr, 2024 04:15am

Markets

Oil eases on US fuel demand concerns

HOUSTON: Oil prices edged down on Thursday after slower economic growth in the first quarter added to concerns of...

Updated 25 Apr, 2024 09:13pm

Markets

Oil prices fall as US business activity cools

NEW YORK: Oil prices were moderately lower on Wednesday as worries over conflict in the Middle East eased and...

Published 25 Apr, 2024 03:05am

Markets

Oil prices gain as dollar slips, focus shifts to economic data

NEW YORK: Oil prices rose a dollar a barrel on Tuesday as the US dollar index fell to its lowest in over a week and...

Published 24 Apr, 2024 03:50am

Markets

US crude futures climb back into positive territory

HOUSTON: U.S. crude futures returned to positive territory on Monday after falling on easing fears of a wider...

Updated 22 Apr, 2024 09:07pm

Markets

China's imports of Russian oil near record high in March

BEIJING: Russia remained China’s top oil supplier in March, data showed on Saturday, as refiners snapped up stranded...

Published 20 Apr, 2024 06:30pm

Markets

US bonds rally on reports of Middle East missile strike

SINGAPORE: US Treasuries rallied sharply as news reports of explosions in Iran and a possible Israeli missile strike...

Published 19 Apr, 2024 11:03am

Markets

Oil slips after Iran plays down reported Israeli attack

Oil slipped on Friday following an earlier price spike of more than $3 after Iran played down reported Israeli...

Updated 19 Apr, 2024 08:40pm

Markets

Oil holds near 3-week low

NEW YORK: Oil prices held near a three-week low on Thursday as investors weighed robust US jobs data and sanctions ...

Published 19 Apr, 2024 05:07am

Opinion

Brent and Bibi

Two bunch of people would have started this week with long faces. One, swing traders with long Brent positions...

Published 18 Apr, 2024 03:24am

Markets

Oil falls nearly 3% as demand worries outweigh Middle East supply risks

Brent futures for June were down $2.44, or 2.7%, to $87.58 a barrel

Updated 17 Apr, 2024 10:47pm

Oil price spike threatens IMF global outlook

WASHINGTON: The recent oil price spike fueled by rising Middle East tensions has the potential to derail the IMF’s...

Updated 17 Apr, 2024 09:00am

Iran says working to safeguard oil exports in region

MOSCOW: Iran’s Deputy Oil Minister Morteza Shahmirzaei told a conference in Moscow via video link on Tuesday that...

Updated 17 Apr, 2024 08:59am

Markets

PMEX daily trading report

KARACHI: On Friday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 50.965...

Published 16 Apr, 2024 03:38am

Markets

Oil sheds more than $1/barrel after Iran attack

NEW YORK: Oil prices sank by about $1 a barrel on Monday after Iran’s weekend attack on Israel proved to be less...

Updated 15 Apr, 2024 08:50pm

Markets

Oil settles up on ME tensions

NEW YORK: Oil rose around 1% on Friday on geopolitical tensions in the Middle East but posted a weekly loss on a...

Published 14 Apr, 2024 03:23am

Markets

Oil settles up on ME tensions

NEW YORK: Oil rose around 1% on Friday on geopolitical tensions in the Middle East but posted a weekly loss on a...

Published 13 Apr, 2024 03:49am

Markets

Oil rebounds on Mideast tensions but set for weekly loss

LONDON: Oil rose over 1% on Friday as heightened tensions in the Middle East raised the risk of supply disruptions...

Updated 12 Apr, 2024 06:14pm

Markets

Oil falls on US refinery outage, persistent inflation

Oil prices fell by $1 on Thursday following a major U.S. refinery outage and as sticky inflation dampened hopes for...

Updated 12 Apr, 2024 08:49am

Markets

Oil prices fall on big build in US crude, fuel inventories

EIA expects Brent crude prices to average $88.55 a barrel in 2024, up from a previous forecast of $87

Updated 11 Apr, 2024 10:42am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 3	278.23
USD PKR Interbank Buying / May 3	278.03
USD to Japanese Yen / May 3	153.05
USD to Swiss Franc / May 3	0.91
Pound Sterling to USD / May 3	1.25
Euro to USD / May 3	1.08

Stock	Volume
S&P 500 / May 3	5127.79
India Sensex / May 3	73878.15
Tokyo Nikkei / May 3	38236.07
Nasdaq / May 3	16156.33
Hang Seng / May 3	18475.92
FTSE 100 / May 3	8213.49
Dow Jones / May 3	38675.68
Germany DAX 30 / May 3	18001.60

Item	Value
Crude Oil USD/Barrel / May 3	78.11
Karachi Cotton PKR/37.32 KG / May 3	20535
Gold 10 Grams PKR / May 3	205418
Gold Spot USD/Ounce / May 3	2301.74
Cotton US¢/pound / May 3	78.06
Petrol/Litre / May 5	288.49

Gainers
Losers
Leaders

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

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

Stock	Volume
P.I.A.C.(A) / May 5 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 5 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 5 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 5 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 5 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 5 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 5 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 5 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 5 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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