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Stephen Innes

Long war may undercut global economy, analysts warn

Published 18 Mar, 2026 04:35am

PARIS: Almost three weeks into the Middle East war, analysts fear that a long-drawn out conflict and the associated...

Gold steadies as rate hike bets recede, Fed minutes awaited

Published 05 Jul, 2021 09:58am

Spot gold was steady at $1,787.59 per ounce by 0327 GMT, after hitting its highest since June 18 at $1,794.86 on Friday

Gold prices dip in Asia

Published 03 Jun, 2021 04:13am

SINGAPORE: Gold prices dipped in Asian trade on Wednesday, as elevated Treasury yields and an uptick in risk ...

Gold set for best month since July 2020 on softer dollar, inflation woes

Published 31 May, 2021 11:27am

Palladium rose 0.5% to $2,839.72 per ounce, but it was set for its first monthly decline in four. Platinum climbed 0.9% to $1,187.50.

Gold rises above $1,900/oz as dollar weakens, inflation jitters persist

Published 26 May, 2021 01:08pm

Investors now await key US economic data due later this week, including gross domestic product, jobless claims and consumer spending.

Gold extends rally as dollar weakness, inflation jitters lift appeal

Published 18 May, 2021 10:33am

"However, the pace of the gold rally appears to be outpacing fundamentals right now, and the Relative Strength Index (RSI) has entered overbought territory.

Asia markets a sea of red on renewed virus fears

Published 21 Apr, 2021 11:08am

Innes added that the "optimistic tone" from Iran nuclear talks could also bolster crude supply.

Stocks slide, tobacco shares feel the heat

Published 21 Apr, 2021 10:34am

Shares in Lucky Strike maker British American Tobacco plunged 7.6 percent.

Most markets rise in Asia on recovery optimism, worries remain

Published 30 Mar, 2021 09:36am

Nomura was down around three percent in Tokyo, a day after plunging 16 percent.

Asian equities advance but inflation, correction worries persist

Published 03 Mar, 2021 11:15am

While trading floor scenes of worry about the prospect of rising borrowing costs, Fed officials continue to try to soothe concerns.

Oil prices rebound as US House passes huge stimulus bill

Published 01 Mar, 2021 12:19pm

"We think if the combined (OPEC+) increase does not exceed 500,000 bpd, that will be bullish for prices," analysts at Singapore's OCBC bank said.

Oil prices jump more than $1 as US output struggles to fully restart

Published 23 Feb, 2021 11:37am

"It is hard not to be bullish with oil prices now that the deep freeze disruption practically guarantees the summer pickup in crude demand will erase whatever supply glut is left," said Edward Moya, senior market analyst at OANDA in New York.

Asia markets swing as reopening optimism battles inflation fear

Published 23 Feb, 2021 09:56am

"Since financial conditions are tightening and with wage pressures remaining nonexistent, that should keep inflation fears from getting out of control.

Oil prices climb as deep freeze shuts US oil wells, curbs refineries

Published 16 Feb, 2021 12:10pm

The Saudi-led coalition fighting the Houthis in Yemen said early on Monday morning it had intercepted and destroyed an explosive-laden drone fired by the Houthis toward the kingdom.

Asian markets push higher as traders focus on recovery outlook

Published 10 Feb, 2021 10:20am

Bitcoin was also struggling to push past $50,000 after this week's rally that came on the back of news that Elon Musk's electric carmaker Tesla had invested $1.5 billion in the cryptocurrency.

Silver bounces back even as retail frenzy takes a break

Published 03 Feb, 2021 02:17pm

"Silver prices are now finding an equilibrium that better reflects supply-demand fundamentals, with the WallStreetBets mania having simmered down," said FXTM market analyst Han Tan.

Yuan pressured by renewed virus worries, softer factory activity

Published 01 Feb, 2021 10:29am

Interbank money conditions were also on the radar of investors.

South Korea, Indonesia down, set for sharp weekly losses as riskier bets ebb

Published 29 Jan, 2021 10:14am

US futures fell around 1% into Asia's afternoon trading hours.

Oil falls on demand fears, strengthening dollar

Published 28 Jan, 2021 10:52am

Britain, in lockdown since Jan. 4, on Wednesday clamped down on travel, requiring people arriving from high-risk COVID-19 countries to quarantine for 10 days and barring outbound trips for all but exceptional reasons.

Gold prices down in Asia

Published 27 Jan, 2021 04:59am

SINGAPORE: Gold prices edged lower in Asian trade on Tuesday as the dollar strengthened and concerns over the ...

Oil prices fall as China's surging COVID-19 cases trigger clampdowns

Published 22 Jan, 2021 10:32am

A seasonal boost to China's gasoline demand that is typically seen during the New Year holidays will be moderated by the tightened restrictions this year, consultancy FGE said in a note.

Asia markets mostly up on hope for Biden recovery agenda

Published 20 Jan, 2021 09:44am

The comments suggest the new administration intends to maintain pressure on Beijing, after Trump kicked off a trade war between the two superpowers.

South Korea leads Asia stock gains on auto boost; currencies range-bound

Published 19 Jan, 2021 02:43pm

Taiwan's dollar strengthened 1.8% ahead of the release of export orders data on Wednesday, which is likely to show orders climbed for a 10th straight month, according to a Reuters poll.

Gold gains as US stimulus prospects offset firm dollar

Published 18 Jan, 2021 01:57pm

"Our market view remain bullish for the long term as the US dollar is expected to remain structurally weak in the long term."

Gold steadies as US stimulus prospects offset firm dollar

Published 18 Jan, 2021 10:50am

Gold is considered a hedge against inflation and currency debasement, likely from large stimulus.

Oil prices dip on virus worries; US stock draw, China data check losses

Published 14 Jan, 2021 10:25am

A hefty COVID-19 relief package, which US President-elect Joe Biden is due to unveil on Thursday, also kept losses in check.

Oil prices dip on rising virus cases; expected stock draw stems losses

Published 12 Jan, 2021 12:34pm

US crude oil stockpiles likely fell for a fifth straight week, while refined products inventories were seen up last week, a preliminary Reuters poll showed on Monday.

Gold hits near 6-week low on firmer dollar, higher Treasury yields

Published 11 Jan, 2021 11:30am

Higher bond yields increase the opportunity cost of holding gold.

Oil prices fall on renewed coronavirus concerns as China cases mount

Published 11 Jan, 2021 10:44am

Still, oil price losses were curbed by plans for US President-elect Joe Biden to announce trillions of dollars in new virus relief bills this week, much to be funded through increased borrowing.

Gold set to end volatile 2020 with strong gains; silver outperforms

Updated 31 Dec, 2020 11:19pm

Spot gold was trading around $1,893.45 per ounce by 12:46 p.m. EST (1746 GMT). U.S. gold futures gained 0.2pc to $1,897.30.

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 3	159.93
USD to Swiss Franc / Jun 3	0.79
Pound Sterling to USD / Jun 3	1.34
Euro to USD / Jun 3	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
India Sensex / Jun 3	74,346.17
Tokyo Nikkei / Jun 3	68,402.13
Nasdaq / Jun 3	26,853.97
Hang Seng / Jun 3	25,633.21
FTSE 100 / Jun 3	10,332.30
Dow Jones / Jun 3	50,687.07
Germany DAX 30 / Jun 3	24,795.94
France CAC40 / Jun 3	8,150.42

Item	Value
Crude Oil USD/Barrel / Jun 3	95.34
Gold 10 Grams PKR / Jun 3	401,030
Gold Spot USD/Ounce / Jun 3	4,452.30
Cotton US¢/pound / Jun 3	80.51
Petrol/Litre / Jun 4	381.78
Diesel/Litre / Jun 4	380.78

Gainers
Losers
Leaders

Stock	Price
Wasl Mobility Mod. / Jun 3 Wasl Mobility Modaraba(WASL)	5.91 ▲ 1 (20.37%)
Gulshan Sp. / Jun 3 Gulshan Spinning Mills Limited(GSPM)	6.18 ▲ 1 (19.31%)
First AL-Noor Mod. / Jun 3 First Al-Noor Modaraba(FANM)	6.88 ▲ 1 (17.01%)
Chenab Ltd (Pref) / Jun 3 Chenab Limited (Pref)(CLCPS)	3.85 ▲ 0.44 (12.9%)
Chenab Ltd / Jun 3 Chenab Limited(CHBL)	9.61 ▲ 0.91 (10.46%)
Askari Life Assur. / Jun 3 Askari Life Assurance Company Limited(ALAC)	19.24 ▲ 1.75 (10.01%)
Dawood Equities / Jun 3 Dawood Equities Limited(DEL)	20.56 ▲ 1.87 (10.01%)
Grays Leasing / Jun 3 Grays Leasing Limited(GRYL)	20.89 ▲ 1.9 (10.01%)
Shahzad Tex. / Jun 3 Shahzad Textile Mills Limited(SZTM)	68.38 ▲ 6.22 (10.01%)
Ideal Spinning / Jun 3 Ideal Spinning Mills Limited(IDSM)	72.48 ▲ 6.59 (10%)

Stock	Price
Khairpur Sug. / Jun 3 Khairpur Sugar Mills Limited(KPUS)	2,164.61 ▼ -240.51 (-10%)
Diamond Ind. / Jun 3 Diamond Industries Limited(DIIL)	71.48 ▼ -7.9 (-9.95%)
Tri-Star Mutual / Jun 3 Tri-Star Mutual Fund Limited(TSMF)	16.88 ▼ -1.62 (-8.76%)
Power Cem(Pref) / Jun 3 Power Cement (Pref)(POWERPS)	27.79 ▼ -2.41 (-7.98%)
Paramount Mod / Jun 3 First Paramount Modaraba(FPRM)	13.90 ▼ -1.1 (-7.33%)
AN Textile Mills / Jun 3 AN Textile Mills Limited(ANTM)	30.18 ▼ -2.23 (-6.88%)
Al-Khair Gadoon / Jun 3 Al-Khair Gadoon Limited(AKGL)	52.03 ▼ -3.68 (-6.61%)
Gammon Pak / Jun 3 Gammon Pakistan Limited(GAMON)	19.23 ▼ -1.32 (-6.42%)
Burshane LPG / Jun 3 Burshane LPG (Pakistan) Limited(BPL)	56.96 ▼ -3.61 (-5.96%)
Punjab Oil / Jun 3 Punjab Oil Mills Limited(POML)	147.13 ▼ -8.47 (-5.44%)

Stock	Volume
Treet Battery / Jun 3 Treet Battery Limited(TBL)	46,642,698 ▼ -0.03
Dewan Cement / Jun 3 Dewan Cement Limited(DCL)	33,760,377 ▲ 0.4
Sitara Petroleum Service / Jun 3 Sitara Petroleum Service Limited(SPSL)	25,238,548 ▲ 0.84
Beco Steel Ltd / Jun 3 Beco Steel Limited(BECO)	23,949,474 ▲ 0.46
P.T.C.L. / Jun 3 Pakistan Telecommunication Company Ltd(PTC)	23,376,596 ▲ 0.82
TPL Corp Ltd / Jun 3 TPL Corp Limited(TPL)	17,752,841 ▲ 0.38
Cnergyico PK / Jun 3 Cnergyico PK Limited(CNERGY)	16,285,113 ▼ -0.2
WorldCall Telecom / Jun 3 Worldcall Telecom Limited(WTL)	14,753,659 ▼ -0.01
K-Electric Ltd. / Jun 3 K-Electric Limited(KEL)	13,876,959 ▼ -0.12
Mahanna Islamic Index / Jun 3 Mahanna Islamic Index Traded Fund(MIIETF)	13,316,500 ▼ -0.13

Stephen Innes

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