Trends - Shanghai - Business Recorder

Shanghai

Shanghai copper scales one-month high as Omicron fears ease

Copper prices in top metals consumer China hit a one-month high on Tuesday as worries eased over the impact of the...

Published 28 Dec, 2021 10:54am

Business & Finance

China Mobile gets nod for Shanghai debut after US delisting

SHANGHAI: State-owned China Mobile has received approval to list publicly in Shanghai, documents showed, nearly a...

Published 15 Dec, 2021 06:34am

Markets

Japan futures track Shanghai rally

TOKYO: Japanese rubber futures jumped more than 3% on Monday as a rally in Shanghai futures triggered fresh buying...

Published 14 Dec, 2021 06:40am

World

Flights cancelled, schools shut over three Covid-19 cases in Shanghai

SHANGHAI: Hundreds of flights were cancelled, some schools shut and tour groups suspended on Friday after three...

Published 26 Nov, 2021 10:34am

Markets

Most markets rise in Asia, with central bank meetings in focus

HONG KONG: Asian markets mostly rose Tuesday as traders bided their time ahead of key central bank meetings this ...

Published 02 Nov, 2021 09:29am

Technology

Foreign businesses in China rattled by 'hostage diplomacy'

BEIJING: Huawei executive Meng Wanzhou's return from Canada this week was lauded as a diplomatic triumph in China,...

Published 30 Sep, 2021 12:43pm

Markets

Copper falls on uncertainty over China power curb impact

Copper prices fell on Wednesday, as investors reduced risk exposure amid uncertainty in both demand and supply ...

Published 29 Sep, 2021 11:30am

Markets

Shanghai, Hong Kong stocks fall on overnight Wall Street losses, China power crunch

The Hang Seng index dropped 0.5% to 24,389.78. The Hong Kong China Enterprises Index lost 0.8% to 8,654.36

Published 29 Sep, 2021 10:46am

Business & Finance

Shanghai encourages ‘duty-free economy’ as part of consumer push

BEIJING: The Shanghai government will support companies applying for approval to sell duty-free goods, and encourage...

Published 19 Sep, 2021 03:56am

Markets

Asian markets hit by recovery worries as tech drags Hong Kong

After enjoying a broadly healthy run-up at the start of September, markets were again on the back foot as traders reassess their growth outlook for this year in light of the fast-spreading Delta variant

Published 09 Sep, 2021 10:34am

Markets

Asian markets mixed as traders weigh outlook, Tokyo breaks 30,000

Tokyo's Nikkei 225 briefly broke 30,000 for the first time in five months on growing expectations for a fresh injection of stimulus after Japan's prime minister said he would step aside, paving the way for a new big-spending successor

Published 07 Sep, 2021 09:23am

World

China reports no new local COVID-19 cases for first time since July

Since then, more than 1,200 people in China have been confirmed to be infected, though not all of them were cases of the Delta variant

Published 23 Aug, 2021 11:11am

Markets

Asian markets struggle as virus, Fed taper talk blur outlook

Still, there remains a feeling that while Delta is a worry, it will only delay the recovery and that the outlook for markets is broadly positive

Published 10 Aug, 2021 10:18am

Markets

Asian markets mostly down on China worries after Wall St drop

The struggles in Asia were reflected in New York, where the Nasdaq led losses

Published 28 Jul, 2021 10:02am

Markets

Asian markets extend global retreat over Delta fears

Investors have been rattled in recent weeks by data showing the highly transmissible virus surging across the world, forcing some governments to reimpose containment measures

Published 20 Jul, 2021 10:21am

Markets

Asian markets track fresh Wall St records on recovery optimism

The Conference Board's monthly report showed Americans increasingly upbeat about the economy and their job prospects, putting aside worries over rising prices

Published 30 Jun, 2021 09:44am

World

Man with knife kills six in China

BEIJING: A man armed with a knife killed six people and wounded 14 others in a city in eastern China, state media...

Published 07 Jun, 2021 03:34am

Business & Finance

Tesla cars barred from some China government compounds

Days after the March ban on Tesla cars in military complexes, Musk appeared by video at a high-level Chinese forum, saying that if Tesla used cars to spy in China or anywhere, it would be shut down.

Published 21 May, 2021 11:53am

Markets

Asia markets mostly rise but virus, inflation fears linger

"Markets continue to view this progress favorably, with long-term interest rates remaining remarkably calm and the stock market, so far, avoiding any sharp correction."

Published 18 May, 2021 10:28am

World

China's Xi to attend online Biden climate summit: foreign ministry

Xi will give an "important speech" at the meeting, the statement said, which comes days after climate envoys.

Published 21 Apr, 2021 10:55am

World

US, China 'committed to cooperating' on climate crisis: joint statement

The United States and China are committed to cooperating with each other and with other countries to tackle the climate crisis.

Published 18 Apr, 2021 11:08am

World

Air pollution caused 160,000 deaths in big cities last year: NGO

Scientists say that massive drops in some pollutants due to lockdowns are bound to have prevented deaths.

Published 18 Feb, 2021 10:13am

FBR investigating automobile under-invoicing scam

ISLAMABAD: Federal Board of Revenue (FBR) is reportedly investigating a mega under-invoicing scam showing the...

Published 14 Feb, 2021 03:49am

World

Shanghai neighbourhood evacuated after three virus cases

The virus has officially killed fewer than 5,000 people in China.

Published 21 Jan, 2021 02:26pm

World

China to test Lunar New Year travellers for COVID-19; Shanghai reports new cases

The number of new asymptomatic cases, which China does not classify as confirmed infections, rose to 113 from 58 a day earlier.

Published 21 Jan, 2021 12:39pm

Markets

Investors eye recovery as most Asia markets rise, Yellen in focus

But Axi strategist Stephen Innes said vast financial support from the Fed, government spending and the vaccine rollout "still points to gleaming days ahead".

Published 19 Jan, 2021 09:24am

Business & Finance

Electric vehicle maker Tesla to deliver China-made Model Y SUVs this month

It is also adding manufacturing capacity for EV chargers in Shanghai and expanding its sales and service network around the country. It sold over 20,000 vehicles in November.

Published 01 Jan, 2021 12:49pm

Sports

Hulk ends four-year stay at Shanghai under cloud after coach row

It ends a successful stay in China for Hulk, who remains one of the biggest signings in the history of Chinese football.

Published 08 Dec, 2020 11:44am

Gainers
Losers
Leaders

Stock	Price
Power Cem(Pref) / Jun 9 Power Cement (Pref)(POWERPS)	6 ▲ 1.00 (20.00%)
Pak Gulf Leasing / Jun 9 Pak-Gulf Leasing Company Limited(PGLC)	7.55 ▲ 1.00 (15.27%)
PICIC Ins.Ltd. / Jun 9 PICIC Insurance Limited(PIL)	0.68 ▲ 0.09 (15.25%)
Sindh Modaraba / Jun 9 Sindh Modaraba(SINDM)	8.20 ▲ 1.00 (13.89%)
Sec. Inv. Bank / Jun 9 Security Investment Bank Limited(SIBL)	5.50 ▲ 0.54 (10.89%)
Hala Enterprise / Jun 9 Hala Enterprises Limited(HAEL)	7.05 ▲ 0.65 (10.16%)
Merit Packaging / Jun 9 Merit Packaging Limited(MERIT)	8.80 ▲ 0.79 (9.86%)
Popular Islamic / Jun 9 Popular Islamic Modaraba(PIM)	10.95 ▲ 0.96 (9.61%)
Next Capital / Jun 9 Next Capital Limited(NEXT)	5.44 ▲ 0.45 (9.02%)
Ist.Dawood Bank / Jun 9 First Dawood Investment Bank Limited(FDIBL)	1.70 ▲ 0.14 (8.97%)

Stock	Price
Mod. Al-Mali (R) / Jun 9 Modaraba Al-Mali R(MODAMR1)	0.23 ▼ -0.25 (-52.08%)
F.Treet Manuf / Jun 9 First Treet Manufacturing Modaraba(FTMM)	5.36 ▼ -1.00 (-15.72%)
HBL Invest Fund / Jun 9 HBL Investment Fund(HIFA)	1.38 ▼ -0.22 (-13.75%)
Service Textile / Jun 9 Service Industries Textiles Limited(SERT)	6.50 ▼ -0.70 (-9.72%)
Tariq Corp.Pref. / Jun 9 Tariq Corporation Limited-Preference Shares(TCORPCPS)	9.49 ▼ -1.00 (-9.53%)
United Brands / Jun 9 United Brands Limited(UBDL)	10.20 ▼ -0.94 (-8.44%)
EFG Hermes Pak / Jun 9 EFG Hermes Pakistan Limited(EFGH)	11.50 ▼ -0.98 (-7.85%)
First IBL Mod. / Jun 9 First IBL Modaraba(FIBLM)	2.60 ▼ -0.22 (-7.80%)
Allawasaya Tex / Jun 9 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	2764 ▼ -224.00 (-7.50%)
Ellcot Spinning / Jun 9 Ellcot Spinning Mills Limited(ELSM)	97.52 ▼ -7.91 (-7.50%)

Stock	Volume
Unity Foods Ltd / Jun 9 Unity Foods Limited(UNITY)	28,723,523 ▲ 0.24
TPL Properties / Jun 9 TPL Properties Limited(TPLP)	19,470,263 ▲ 0.38
WorldCall Telecom / Jun 9 Worldcall Telecom Limited(WTL)	17,617,018 ▲ 0.01
Faysal Bank / Jun 9 Faysal Bank Limited(FABL)	10,414,954 ▲ 1.25
Hascol Petrol / Jun 9 Hascol Petroleum Limited(HASCOL)	9,814,500 ▲ 0.23
Pak Refinery / Jun 9 Pakistan Refinery Limited(PRL)	9,600,621 ▼ -0.04
P.I.A.C.(A) / Jun 9 Pakistan International Airlines Corp(PIAA)	8,850,500 ▲ 0.02
Pak Int.Bulk / Jun 9 Pakistan International Bulk Terminal(PIBTL)	6,660,000 ▲ 0.12
Fauji Foods Ltd / Jun 9 Fauji Foods Limited(FFL)	6,382,956 ▲ 0.01
Telecard Limited / Jun 9 Telecard Limited(TELE)	5,453,799 ▲ 0.15

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 9	286.95
USD PKR Interbank Buying / Jun 9	286.80
USD to Japanese Yen / Jun 9	139.36
USD to Swiss Franc / Jun 9	0.90
Pound Sterling to USD / Jun 9	1.25
Euro to USD / Jun 9	1.08
UK LIBOR % / Jun 8	5.07

Stock	Volume
S&P 500 / Jun 8	4293.93
Nasdaq / Jun 8	13238.52
Dow Jones / Jun 8	33833.61
India Sensex / Jun 9	62625.63
Tokyo Nikkei / Jun 9	32198.70
Hang Seng / Jun 9	19359.13
FTSE 100 / Jun 9	7602.26
Germany DAX 30 / Jun 9	15981.08
France CAC40 / Jun 9	7223.38

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 8	20235
Gold 10 Grams PKR / Jun 8	194616
Crude Oil USD/Barrel / Jun 9	70.85
Gold Spot USD/Ounce / Jun 9	1963.16
Cotton US¢/pound / Jun 9	81.53

Shanghai

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