Trends - Phil Flynn - Business Recorder

Phil Flynn

Oil prices up as war rages in ME

NEW YORK: Oil prices climbed about 2% on Wednesday on worries the conflict in the Middle East could disrupt oil...

Published 02 Nov, 2023 03:15am

Markets

Oil prices rise on expectations

NEW YORK: Oil prices rose on Thursday on expectations that US interest rates had peaked, but gains were capped by a...

Published 13 Oct, 2023 05:50am

Markets

Oil falls to near year’s lows on China demand worries

NEW YORK: Oil prices slid on Monday, falling close to their lowest level this year, as street protests against ...

Published 29 Nov, 2022 05:57am

Markets

US natgas slumps to 7-month low as losses extend into a ninth week

NEW YORK: US natural gas futures dropped 7% on Friday to a seven-month low after falling for nine weeks in a row in ...

Published 24 Oct, 2022 05:45am

Markets

Oil prices rise on low diesel stocks ahead of winter

HOUSTON: Oil prices traded about $1 higher on Thursday, reversing course as low levels of diesel inventory ahead of...

Published 14 Oct, 2022 03:39am

Markets

US natgas higher on firmer crude oil prices

NEW YORK: US natural gas futures rose for a second straight session on Wednesday, tracking gains in crude oil, and...

Published 06 Oct, 2022 05:59am

Markets

Oil dives more than $4 on strong dollar, recession fears

NEW YORK: Oil prices tumbled more than $4 on Wednesday, slumping below levels seen prior to Russia’s invasion of...

Published 08 Sep, 2022 05:43am

Markets

US natgas futures slip

NEW YORK: US natural gas futures slipped on Wednesday but were on course for a second consecutive monthly rise,...

Published 01 Sep, 2022 05:50am

Markets

US natgas futures higher

NEW YORK: US natural gas futures rose on Friday en route to a third weekly gain on higher European prices as ...

Published 28 Aug, 2022 06:10am

Markets

US natgas futures hit $10/mmbtu for first time since 2008

NEW YORK: US natural gas futures breached $10 per million British thermal units (mmBtu) for the first time in about...

Published 24 Aug, 2022 05:08am

Markets

Oil edges higher on tight supply, rising US refining activity

NEW YORK: Oil prices rose slightly on Wednesday, buoyed by tight supplies and as US refiners drove processing...

Published 26 May, 2022 05:26am

Markets

Oil edges higher on concerns over Russia, Libya supply disruption

NEW YORK: Oil prices rose on Thursday, buffeted by concerns about tightened supply as the European Union (EU) mulls ...

Published 22 Apr, 2022 05:36am

Markets

US natgas futures beat sharp retreat

NEW YORK: US natural gas futures fell 10% on Tuesday, reversing Monday’s gains due to a shift to a slightly warmer...

Published 21 Apr, 2022 05:26am

Oil steadies from decade-highs

HOUSTON: Oil eased after hitting prices not seen in roughly a decade on Thursday, as sellers jumped on hopes that ...

Updated 04 Mar, 2022 10:46am

Markets

Oil holds near 7-year high as Russia tensions offset Fed tightening

NEW YORK: Oil prices steadied on Thursday, after Brent crude earlier hit a seven-year high above $90 a barrel, as ...

Published 28 Jan, 2022 04:44am

Markets

US natgas marks best year since 2016 amid global price surge

NEW YORK: US natural gas futures on Friday closed out their biggest yearly gain in five powered mostly by strong...

Published 02 Jan, 2022 05:05am

Markets

US natgas extends slide as milder weather outlook prevails

NEW YORK: US natural gas futures extended declines to shed 7% on Tuesday, hurtling toward their worst month in about...

Published 01 Dec, 2021 03:52am

Markets

Oil rises 3pc to one-week high

NEW YORK: Oil prices rose to a one-week high on Tuesday after a move by the United States and other consumer nations...

Published 24 Nov, 2021 05:18am

Markets

Oil hovers above six-week low

NEW YORK: Oil prices rose slightly on Thursday, bouncing after a drop to six-week lows as investors wondered about...

Published 19 Nov, 2021 04:35am

Markets

Oil hovers above six-week low as China readies crude reserve release

NEW YORK: Oil prices rose slightly on Thursday, bouncing after a drop to six-week lows as investors wondered about...

Published 18 Nov, 2021 11:31pm

Markets

Oil falls in choppy trade before US inventories, OPEC+ meeting

CALGARY: Oil dropped below $85 a barrel on Tuesday, but remained close to a three-year high in choppy trade ahead of...

Published 03 Nov, 2021 12:10am

Markets

Oil rallies as U.S. crude stocks decline in tight market

NEW YORK: Oil prices rallied on Wednesday after U.S. crude inventories at the nation's largest storage site hit ...

Updated 20 Oct, 2021 11:59pm

Markets

Oil prices ease off highs

NEW YORK: Oil prices pulled back after touching multi-year highs on Monday, trading mixed as US industrial output ...

Published 19 Oct, 2021 03:52am

Markets

Oil whipsaws, then steadies as energy crunch feeds volatility

NEW YORK: Oil prices steadied after whipsawing in a volatile session on Tuesday, as traders weighed the effect that...

Published 13 Oct, 2021 04:47am

Markets

Oil prices rise, hit 2-month highs

NEW YORK: Oil prices rose on Thursday, supported by growing fuel demand and a draw in US crude inventories as...

Published 24 Sep, 2021 04:40am

Markets

Oil rallies to $73 on tight U.S. supplies, Biden-Xi call

NEW YORK: Oil rose to briefly top $73 a barrel on Friday, supported by growing signs of supply tightness in the...

Published 10 Sep, 2021 10:50pm

Markets

US natgas gains as energy firms struggle to restart post-Ida

NEW YORK: US natural gas futures gained on Friday as significant output remained offline in the aftermath of...

Published 04 Sep, 2021 06:04am

Markets

Oil settles lower, pares losses despite weak economic data

NEW YORK: Oil prices settled lower on Monday, paring steep losses on weak Chinese economic data after sources told...

Published 17 Aug, 2021 04:42am

Markets

Oil rebounds after White House says not calling for US output hike

NEW YORK: Oil gained Wednesday, changing course after the Biden administration said it would not call on US ...

Published 12 Aug, 2021 04:34am

Markets

Oil jumps to more than 2-year high as U.S. supplies tighten

Brent crude rose 87 cents, or 1.2%, to $75.68 by 12:06 p.m. ET (1606 GMT). Its session high, $76.02 after the EIA data, was the highest since October 2018.

Published 23 Jun, 2021 11:27pm

Gainers
Losers
Leaders

Stock	Price
Chakwal Spinning / Dec 11 Chakwal Spinning Mills Limited(CWSM)	3.35 ▲ 1.00 (42.55%)
First Elite Cap.Mod / Dec 11 First Elite Capital Modaraba(FECM)	5.99 ▲ 0.99 (19.80%)
Kohinoor Spining / Dec 11 Kohinoor Spinning Mills Limited(KOSM)	4.80 ▲ 0.61 (14.56%)
Dar-es-Salaam / Dec 11 Dar-es-Salaam Textile Mills Limited(DSML)	8.49 ▲ 1.00 (13.35%)
Silk Bank Ltd / Dec 11 Silkbank Limited(SILK)	1.24 ▲ 0.14 (12.73%)
Nazir Cotton Mills / Dec 11 Nazir Cotton Mills Limited(NCML)	4.24 ▲ 0.44 (11.58%)
Pace (Pak) Ltd. / Dec 11 Pace (Pakistan) Limited(PACE)	2.85 ▲ 0.29 (11.33%)
Samba Bank / Dec 11 Samba Bank Limited(SBL)	9.93 ▲ 1.00 (11.20%)
Alfalah ETF. / Dec 11 Alfalah Consumer Index ETF.(ACIETF)	12 ▲ 1.01 (9.19%)
Trust Mod. / Dec 11 Trust Modaraba(TRSM)	2.17 ▲ 0.17 (8.50%)

Stock	Price
Sec. Inv. Bank / Dec 11 Security Investment Bank Limited(SIBL)	4.89 ▼ -0.85 (-14.81%)
Next Capital / Dec 11 Next Capital Limited(NEXT)	6 ▼ -0.60 (-9.09%)
Redco Textile / Dec 11 Redco Textiles Limited(REDCO)	6.23 ▼ -0.57 (-8.38%)
Asim Textile / Dec 11 Asim Textile Mills Limited(ASTM)	11.50 ▼ -0.98 (-7.85%)
Crescent Fib. / Dec 11 Crescent Fibres Limited(CFL)	74.02 ▼ -6.00 (-7.50%)
Dadex Eternit / Dec 11 Dadex Eternit Limited(DADX)	45.73 ▼ -3.71 (-7.50%)
J.A.Textile / Dec 11 J.A. Textile Mills Limited(JATM)	46.64 ▼ -3.78 (-7.50%)
Reliance Cotton / Dec 11 Reliance Cotton Spinning Mills Limited(RCML)	629 ▼ -51.00 (-7.50%)
Sunrays Textile / Dec 11 Sunrays Textile Mills Limited(SUTM)	111 ▼ -9.00 (-7.50%)
Masood Textile / Dec 11 Masood Textile Mills Limited(MSOT)	53.20 ▼ -4.30 (-7.48%)

Stock	Volume
K-Electric Ltd. / Dec 11 K-Electric Limited(KEL)	342,535,258 ▲ 0.05
WorldCall Telecom / Dec 11 Worldcall Telecom Limited(WTL)	98,557,282 ▲ 0.05
Kohinoor Spining / Dec 11 Kohinoor Spinning Mills Limited(KOSM)	65,177,500 ▲ 0.61
P.T.C.L. / Dec 11 Pakistan Telecommunication Company Ltd(PTC)	63,595,500 ▲ 0.45
Askari Bank / Dec 11 Askari Bank Limited(AKBL)	57,594,500 ▲ 0.57
Hascol Petrol / Dec 11 Hascol Petroleum Limited(HASCOL)	54,822,000 ▲ 0.57
Fauji Foods Ltd / Dec 11 Fauji Foods Limited(FFL)	47,998,197 ▲ 0.10
Cnergyico PK / Dec 11 Cnergyico PK Limited(CNERGY)	46,684,647 ▼ -0.16
Pak Refinery / Dec 11 Pakistan Refinery Limited(PRL)	41,814,767 ▼ -1.64
Telecard Limited / Dec 11 Telecard Limited(TELE)	37,055,844 ▲ 0.37

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 11	284.32
USD PKR Interbank Buying / Dec 11	283.77
USD to Japanese Yen / Dec 11	145.58
USD to Swiss Franc / Dec 11	0.88
Pound Sterling to USD / Dec 11	1.25
Euro to USD / Dec 11	1.08
UK LIBOR % / Dec 8	5.48

Stock	Volume
S&P 500 / Dec 8	4604.37
Nasdaq / Dec 8	14403.97
Dow Jones / Dec 8	36247.87
India Sensex / Dec 11	69967.53
Tokyo Nikkei / Dec 11	32791.80
Hang Seng / Dec 11	16156.22
FTSE 100 / Dec 11	7549.32
Germany DAX 30 / Dec 11	16771.35
France CAC40 / Dec 11	7538.69

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 8	17235
Gold 10 Grams PKR / Dec 8	187414
Crude Oil USD/Barrel / Dec 11	71.63
Gold Spot USD/Ounce / Dec 11	1996.45
Cotton US¢/pound / Dec 11	82.25

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Phil Flynn

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