Trends - Pound - Business Recorder

Pound

Pakistani rupee: a wayward currency

Hard currencies like the US dollar, Euro, pound, are independent free floats, and their value contingent on demand...

Published 27 Nov, 2023 06:13am

Business & Finance

Dollar edges up vs pound, euro on Fed support

NEW YORK: The US dollar edged higher against the pound and the euro on Thursday, a day after the Federal Reserve ...

Published 22 Sep, 2023 03:33am

Business & Finance

Dollar slips; euro and pound rise

NEW YORK: The US dollar fell against most major currencies on Tuesday after better-than-forecast growth data from...

Published 19 Apr, 2023 06:36am

Markets

Dollar gains on pound and yen after upbeat US data

NEW YORK: The dollar rose against the pound and the yen on Monday after data showed that US services industry...

Published 06 Dec, 2022 05:58am

Business & Finance

Sterling edges up against dollar

LONDON: Sterling edged up against a weaker dollar on Monday, hovering near a three-month high, even as Britain’s...

Published 29 Nov, 2022 05:57am

Markets

Dollar slips as risk sentiment improves after Fed minutes

SINGAPORE: The US dollar was broadly weaker on Thursday as investors, encouraged the prospect of a slower pace of...

Published 24 Nov, 2022 09:30am

Business & Finance

Sterling climbs as dollar rally wanes

LONDON: The pound rose on Tuesday after falling in the previous session, as the dollar retreated following three ...

Published 23 Nov, 2022 05:55am

Business & Finance

Sterling hits 3-month high

LONDON: The pound hit three-month highs against the dollar on Tuesday, after last month’s US producer inflation...

Published 16 Nov, 2022 05:50am

Business & Finance

Sterling set for biggest daily gain since 2017

LONDON: Sterling was set for its biggest daily gain since January 2017 against a weakening US dollar on Thursday...

Published 11 Nov, 2022 05:54am

Markets

British pound extends recovery with 1% dollar gain

LONDON: The pound recovered further Wednesday, jumping more than one percent against the dollar, as markets welcomed...

Published 26 Oct, 2022 02:46pm

Business & Finance

Sterling posts sharp gains; dollar down against most currencies

LONDON/NEW YORK: Sterling gained in volatile trading on Thursday, as the US dollar fell against some currencies, ...

Published 30 Sep, 2022 05:52am

Business & Finance

Dollar pauses for breath as fragile pound edges up

NEW YORK/LONDON: The dollar took a pause on Tuesday in what has been a relentless climb higher while sterling as ...

Published 28 Sep, 2022 05:51am

Business & Finance

Pound falls to 37-year low

LONDON: Sterling marked the 30th anniversary of “Black Wednesday” by falling to a fresh 37-year low against the...

Published 19 Sep, 2022 05:45am

Markets

U.S. dollar soars to 24-year high vs yen, 37-year peak vs sterling

LONDON/NEW YORK: The dollar surged to a 24-year peak against the yen and a 37-year high versus sterling as Japan's...

Published 07 Sep, 2022 08:08pm

Business & Finance

Sterling steadies after bruising week, markets await new PM

LONDON: The pound steadied on Friday as some calm returned at the end of a bruising week in which concerns about the...

Published 05 Sep, 2022 06:04am

Opinion

Market mayhem awaits Britain’s new leader

Liz Truss, on course to become Britain’s prime minister on Monday, looks set to walk straight into a financial...

Published 03 Sep, 2022 04:25am

Business & Finance

Sterling slides below $1.15 for first time since 2020

LONDON: Sterling skidded against the dollar on Thursday to its lowest level since March 2020 as storm clouds ...

Published 02 Sep, 2022 06:00am

Business & Finance

Sterling on track for worst week since September 2020

LONDON: The British pound is set to record its worst weekly loss versus the dollar since September 2020, as ...

Published 22 Aug, 2022 06:33am

Business & Finance

Sterling slammed as BoE delivers big rate hike but warns of long recession

LONDON: Sterling fell on Thursday after the Bank of England raised interest rates by the most in 27 years as it ...

Published 05 Aug, 2022 06:27am

Markets

SBP to enhance monitoring of foreign exchange operations

Says it has started inspections of a number of exchange companies and banks since Monday

Updated 03 Aug, 2022 08:24pm

Business & Finance

Sterling loses steam

LONDON: The British pound weakened against the dollar on Tuesday as traders turned to safe-haven currencies amid...

Published 03 Aug, 2022 04:55am

Business & Finance

Pound struggles around $1.20

LONDON: Sterling held around the $1.20 level versus the US dollar on Monday as traders worried about the outlook of...

Published 26 Jul, 2022 04:31am

Business & Finance

Weak pound hits two-week low vs euro after oversized ECB hike

LONDON: The British pound hit a two-week low against the euro on Thursday after a larger-than-expected rate hike ...

Published 22 Jul, 2022 06:07am

Business & Finance

Pound rallies vs dollar

LONDON: Sterling strengthened against a broadly struggling dollar but fell against a firmer euro on Tuesday, with...

Published 20 Jul, 2022 05:48am

Business & Finance

Improved risk appetite lifts sterling 1.3pc vs weakening dollar

LONDON: Sterling surged more than 1% against a weakening US dollar on Monday supported by improved risk sentiment as...

Published 19 Jul, 2022 06:00am

Business & Finance

Sterling makes small gains but stays near March 2020 low

LONDON: A depressed British pound rose slightly against the dollar on Friday, but remained near more than two-year...

Published 16 Jul, 2022 04:20am

Business & Finance

Sterling enjoys a small lift as Boris Johnson quits

LONDON: Sterling held on to its gains on Thursday after Boris Johnson said he was quitting as prime minister...

Published 08 Jul, 2022 05:36am

Business & Finance

Pound strengthens

LONDON: The British pound rose against the dollar and euro on Monday, pulling away from two-week lows as risk...

Published 05 Jul, 2022 05:19am

Business & Finance

Pound gains, but focus stays on struggling UK economy

LONDON: The British pound rose against the dollar and euro on Thursday, as investors shrugged off official data...

Published 01 Jul, 2022 06:13am

Business & Finance

Pound posts first weekly rise in four weeks

LONDON: Sterling posted its first weekly gain in four weeks against the dollar on Friday, ticking up as a weaker...

Published 25 Jun, 2022 04:42am

Gainers
Losers
Leaders

Stock	Price
Chakwal Spinning / Nov 28 Chakwal Spinning Mills Limited(CWSM)	2.28 ▲ 0.25 (12.32%)
Hira Textile / Nov 28 Hira Textile Mills Limited(HIRAT)	2.19 ▲ 0.23 (11.73%)
Ghani Chem. Ind. / Nov 28 Ghani Chemical Industries Limited(GCIL)	11.37 ▲ 1.00 (9.64%)
Shaheen Ins. / Nov 28 Shaheen Insurance Company Limited(SHNI)	3.74 ▲ 0.29 (8.41%)
Saritow Spinning / Nov 28 Saritow Spinning Mills Limited(SSML)	6.50 ▲ 0.50 (8.33%)
Saif Textile / Nov 28 Saif Textile Mills Limited(SAIF)	12.45 ▲ 0.93 (8.07%)
Calcorp / Nov 28 Calcorp Limited(CASH)	19.91 ▲ 1.39 (7.51%)
Prosperity Weav / Nov 28 Prosperity Weaving Mills Limited(PRWM)	30.64 ▲ 2.14 (7.51%)
Shakarganj / Nov 28 Shakarganj Limited(SML)	37.95 ▲ 2.65 (7.51%)
Gadoon Textile / Nov 28 Gadoon Textile Mills Limited(GADT)	244.63 ▲ 17.07 (7.50%)

Stock	Price
Metro Steel / Nov 28 Metropolitan Steel Corporation Limited(MSCL)	24.97 ▼ -2.02 (-7.48%)
Ask.Gen.Insur. / Nov 28 Askari General Insurance Company Limited(AGIC)	17.71 ▼ -1.18 (-6.25%)
Kohat Textile / Nov 28 Kohat Textile Mills Limited(KOHTM)	20.52 ▼ -1.32 (-6.04%)
Cherat Pack / Nov 28 Cherat Packaging Limited(CPPL)	115.75 ▼ -6.03 (-4.95%)
Adamjee Life Assur. / Nov 28 Adamjee Life Assurance Company Limited(ALIFE)	27 ▼ -1.33 (-4.69%)
Bank Makramah / Nov 28 Bank Makramah Limited(BML)	2.20 ▼ -0.10 (-4.35%)
Sana Ind / Nov 28 Sana Industries Limited(SNAI)	26.60 ▼ -1.15 (-4.14%)
AKD Securities / Nov 28 AKD Securities Limited(AKDSL)	22.51 ▼ -0.87 (-3.72%)
Bannu Woollen / Nov 28 Bannu Woollen Mills Limited(BNWM)	30.60 ▼ -1.18 (-3.71%)
EFG Hermes Pak / Nov 28 EFG Hermes Pakistan Limited(EFGH)	13 ▼ -0.50 (-3.70%)

Stock	Volume
Kohinoor Spining / Nov 28 Kohinoor Spinning Mills Limited(KOSM)	109,392,000 ▲ 0.25
WorldCall Telecom / Nov 28 Worldcall Telecom Limited(WTL)	43,313,979 ▲ 0.08
Yousuf Weaving / Nov 28 Yousaf Weaving Mills Limited(YOUW)	22,758,500 ▼ -0.12
Treet Corp. (R) / Nov 28 Treet Corporation Limited (R)(TREETR2)	19,689,048 ▲ 0.20
Maple Leaf Cement / Nov 28 Maple Leaf Cement Factory Limited(MLCF)	17,865,589 ▲ 0.09
D.G.K.Cement / Nov 28 D.G. Khan Cement Company Limited(DGKC)	15,655,201 ▲ 1.91
Agritech Limited / Nov 28 Agritech Limited(AGL)	15,233,500 ▼ -0.37
Pak Elektron / Nov 28 Pak Elektron Limited(PAEL)	14,205,993 ▲ 0.05
P.I.A.C.(A) / Nov 28 Pakistan International Airlines Corp(PIAA)	13,108,000 ▼ -0.10
B.O.Punjab / Nov 28 The Bank of Punjab(BOP)	13,103,901 ▲ 0.02

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 28	285.85
USD PKR Interbank Buying / Nov 28	285.35
USD to Japanese Yen / Nov 28	148.25
USD to Swiss Franc / Nov 28	0.88
Pound Sterling to USD / Nov 28	1.26
Euro to USD / Nov 28	1.10
UK LIBOR % / Nov 27	5.46

Stock	Volume
S&P 500 / Nov 27	4550.43
Nasdaq / Nov 27	14241.02
FTSE 100 / Nov 27	7460.70
Dow Jones / Nov 27	35333.47
Germany DAX 30 / Nov 27	15966.37
France CAC40 / Nov 27	7265.49
India Sensex / Nov 28	65983.73
Tokyo Nikkei / Nov 28	33370.40
Hang Seng / Nov 28	17485.79

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 27	17735
Gold 10 Grams PKR / Nov 27	185614
Crude Oil USD/Barrel / Nov 28	74.99
Gold Spot USD/Ounce / Nov 28	2015.58
Cotton US¢/pound / Nov 28	79.06

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