Topic

recession

Industrial slump leaves Germany on brink of recession

Published 30 Oct, 2024 12:06pm

FRANKFURT: German output likely contracted again in the third quarter as an industrial slump drags on, official data...

German govt expects another recession in 2024

Published 07 Oct, 2024 06:48am

FRANKFURT, (Germany): The German government has slashed its forecast and now expects Europe’s largest economy to...

Middle class is in deep recession

Updated 15 Aug, 2024 06:52am

What good is a 3.2 percent GDP growth rate next year and inflation dropping below 10 percent in FY25 to someone...

Stocks sink with bond yield and dollar on recession fears

Published 06 Aug, 2024 06:40am

NEW YORK/LONDON: Global equities suffered heavy losses on Monday as Wall Street joined a global stock rout that...

Germany likely to fall into recession: central bank

Published 20 Feb, 2024 03:09am

FRANKFURT: German output is likely to shrink slightly in the first quarter, sending Europe’s top economy into...

Unraveling the lipstick effect truth

Updated 12 Feb, 2024 05:46pm

Let’s get ourselves familiarized with the lipstick effect. It happens during the times of economic downturns and...

Euro zone recession fears harden as surveys show grim start to Q4

Published 07 Nov, 2023 06:33am

LONDON: The downturn in euro zone business activity accelerated last month as demand in the dominant services...

US economy defies recession fears with strong Q2 performance

Published 31 Jul, 2023 06:43am

WASHINGTON: The US economy grew faster than expected in the second quarter as a resilient labor market supported...

S Africa skirts recession with surprise Q1 growth

Published 12 Jun, 2023 06:26am

JOHANNESBURG: South Africa’s economy grew slightly in the first three months of the year, confounding fears of a...

Data lifts dollar, euro soft as Germany enters recession

Published 26 May, 2023 06:48am

NEW YORK: The dollar rose for a fourth straight session on Thursday against a basket of major peers to hit a fresh...

Recession, millions of jobs lost if US defaults: Treasury

Published 14 May, 2023 09:50pm

WASHINGTON: President Joe Biden’s administration again warned Sunday of “catastrophic” consequences for the US...

Recession-wary investors pour $9.1bn into hedge funds in first quarter

Published 22 Apr, 2023 03:38am

BOSTON: Hedge funds pulled in $9.1 billion in new money during the first three months of 2023, data showed on ...

German economy expected to avoid recession: report

Published 17 Apr, 2023 06:41am

BERLIN: Germany is expected to narrowly escape recession and post modest growth in the first quarter of the year,...

Europe to see 'sharp slowdown' but not recession: IMF official

Published 15 Apr, 2023 12:16am

WASHINGTON: Europe will see a "sharp slowdown" in economic growth this year, but most countries will avoid a...

IMF raises eurozone growth forecast, sees German recession

Published 11 Apr, 2023 06:32pm

WASHINGTON: The IMF on Tuesday slightly raised its forecast for economic growth in the eurozone this year but it...

European shares rise as banking gains offset US recession jitters

Published 07 Apr, 2023 06:06am

PARIS: European shares rose on Thursday, heading into a long Easter weekend break, as real estate and travel stocks...

Banking stress brings US closer to recession: Fed’s Kashkari

Published 27 Mar, 2023 06:15am

WASHINGTON: Recent stress in the banking sector and the possibility of a follow-on credit crunch brings the US ...

Markets bracing for ‘no landing’ world economy scenario curb risk appetite

Updated 23 Feb, 2023 06:21am

Markets, bracing for a “no landing” scenario where global economic growth is resilient and inflation stays ...

US firms face more pain as likely ‘earnings recession’ looms

Published 20 Feb, 2023 06:26am

NEW YORK: US companies’ earnings woes are likely to extend beyond the weak fourth quarter, as a booming labor...

Oil holds firm ground

Published 14 Feb, 2023 09:32am

Everything the collective West has thrown at Russia, it has been responded with substance. Brent oil had its highest...

EU lifts growth forecast as eurozone skirts recession

Published 14 Feb, 2023 07:03am

BRUSSELS: Europe’s economy will grow more than previously forecast this year as it avoids a winter recession, with...

Hopes grow that eurozone will dodge recession

Published 24 Jan, 2023 05:54pm

BRUSSELS: Europe’s economy grew in January for the first time since June, a closely watched survey showed Tuesday,...

Germany 'not going into a recession' in 2023: Scholz

Published 17 Jan, 2023 10:20pm

BERLIN: Germany will avoid a painful recession this year, Chancellor Olaf Scholz said Tuesday, predicting that...

'Temporary measure': Another Pakistani textile firm cuts production by up to 50%

Published 03 Jan, 2023 12:56pm

Crescent Fibres Limited says it will restart production as soon as demand improves

Private debt markets face reality check as companies grapple with recession

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
USD to Japanese Yen / Jul 20	162.36
USD to Swiss Franc / Jul 20	0.81
Pound Sterling to USD / Jul 20	1.35
Euro to USD / Jul 20	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 17	7,457.69
India Sensex / Jul 17	78,151.45
Nasdaq / Jul 17	25,520.24
Dow Jones / Jul 17	52,146.42
Tokyo Nikkei / Jul 20	77,672.21
Hang Seng / Jul 20	25,069.85
FTSE 100 / Jul 20	10,562.80
Germany DAX 30 / Jul 20	24,913.94
France CAC40 / Jul 20	8,361.60

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Petrol/Litre / Jul 20	316.15
Crude Oil USD/Barrel / Jul 20	84.29
Gold Spot USD/Ounce / Jul 20	4,011.10
Diesel/Litre / Jul 20	354.35
Cotton US¢/pound / Jul 20	79.24

Gainers
Losers
Leaders

Stock	Price
Asia Ins. / Jul 20 Asia Insurance Company Limited(ASIC)	37.90 ▲ 3.45 (10.01%)
TPL Insurance / Jul 20 TPL Insurance Limited(TPLI)	64.08 ▲ 5.83 (10.01%)
Ahmad Hassan / Jul 20 Ahmad Hassan Textile Mills Limited(AHTM)	100.21 ▲ 9.11 (10%)
Baba Farid Sugar / Jul 20 Baba Farid Sugar Mills Limited(BAFS)	460.42 ▲ 41.86 (10%)
Crescent Cotton / Jul 20 Crescent Cotton Mills Limited(CCM)	59.05 ▲ 5.37 (10%)
National Silk / Jul 20 The National Silk & Rayon Mills Limited(NSRM)	299.43 ▲ 27.22 (10%)
Olympia Mills / Jul 20 Olympia Mills Limited(OML)	118.34 ▲ 10.76 (10%)
Pak Refinery / Jul 20 Pakistan Refinery Limited(PRL)	49.05 ▲ 4.46 (10%)
Husein Industries / Jul 20 Husein Industries Limited(HUSI)	55 ▲ 5 (10%)
Leather Up Ltd. / Jul 20 Leather Up Limited(LEUL)	45.98 ▲ 4.18 (10%)

Stock	Price
Khairpur Sug. / Jul 20 Khairpur Sugar Mills Limited(KPUS)	1,684.32 ▼ -187.15 (-10%)
Service Textile / Jul 20 Service Industries Textiles Limited(SERT)	56.04 ▼ -6.23 (-10%)
S.G.Power / Jul 20 S.G. Power Limited(SGPL)	87.83 ▼ -9.76 (-10%)
Maqbool Textile / Jul 20 Maqbool Textile Mills Limited(MQTM)	33.43 ▼ -3.71 (-9.99%)
Ideal Dynamics / Jul 20 Ideal Dynamics Limited(IDEAL)	49.50 ▼ -5.25 (-9.59%)
Fateh Sports / Jul 20 Fateh Sports Wear Limited(FSWL)	136.39 ▼ -13.9 (-9.25%)
Buxly Paints / Jul 20 Buxly Paints Limited(BUXL)	173.04 ▼ -16.9 (-8.9%)
ARM Green Industries / Jul 20 ARM Green Industries Limited(ARMG)	64.63 ▼ -6.07 (-8.59%)
Elahi Cotton / Jul 20 Elahi Cotton Mills Limited(ELCM)	216.01 ▼ -20.08 (-8.51%)
Metro Steel / Jul 20 Metropolitan Steel Corporation Limited(MSCL)	22.03 ▼ -2.02 (-8.4%)

Stock	Volume
Cnergyico PK / Jul 20 Cnergyico PK Limited(CNERGY)	166,059,814 ▲ 0.8
Pak Refinery / Jul 20 Pakistan Refinery Limited(PRL)	49,159,104 ▲ 4.46
TPL Properties / Jul 20 TPL Properties Limited(TPLP)	38,436,785 ▲ 0.41
Trust Sec.& Brok. / Jul 20 Trust Securities & Brokerage Limited(TSBL)	36,283,729 ▲ 0.15
K-Electric Ltd. / Jul 20 K-Electric Limited(KEL)	27,615,297 ▼ -0.07
Lotte Chemical / Jul 20 Lotte Chemical Pakistan Limited(LOTCHEM)	17,575,908 ▲ 0.54
WorldCall Telecom / Jul 20 Worldcall Telecom Limited(WTL)	15,089,114 ▲ 0
B.O.Punjab / Jul 20 The Bank of Punjab(BOP)	14,202,726 ▲ 0.01
Maple Leaf Cement / Jul 20 Maple Leaf Cement Factory Limited(MLCF)	13,521,739 ▲ 0.86
F. Nat.Equities / Jul 20 First National Equities Limited(FNEL)	13,125,536 ▲ 0.01

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