Trends - Sterling - Business Recorder

Sterling

Early trade in New York: Dollar at two-week low

NEW YORK: The US dollar fell to a two-week low against a basket of currencies on Thursday, tracking Treasury yields...

Updated 09 Apr, 2021 09:19am

Business & Finance

Sterling steadies

LONDON: Sterling steadied against the dollar and euro on Thursday, recovering after a bruising bout of profit-taking...

Updated 09 Apr, 2021 09:19am

Markets

Dollar at two-week low after U.S. weekly jobless claims rise unexpectedly

The U.S. currency - which appreciated this year, helped in part by a rally in U.S. Treasury yields - has come under pressure in recent sessions as yields have retreated.

Updated 09 Apr, 2021 09:19am

Business & Finance

Sterling sinks

LONDON: Sterling sank on Wednesday as profit-taking by traders after a strong first quarter for the British currency...

Updated 08 Apr, 2021 09:06am

Business & Finance

Profit-taking puts sterling on track for worst day vs euro since February

Sterling also fell 0.5% against the dollar to $1.3844, after earlier touching $1.3919, its highest since March 19.

Published 06 Apr, 2021 08:15pm

Markets

Sterling eases after strongest Q1 versus euro since 2015

Euro-sterling's downward trajectory stalled somewhat on Thursday after it came close to, but did not breach, the key 0.85 level in the previous session.
Versus the euro, it was down around 0.1% at 85.2 pence per euro.

Published 01 Apr, 2021 06:02pm

Business & Finance

Sterling moves up

LONDON: Sterling rose against the dollar and the euro on Wednesday as traders looked past economic data in Britain...

Published 01 Apr, 2021 04:10am

Markets

Sterling rises as Britain gets ready for April re-opening

After rising above $1.42 in February to its highest level against the dollar since April 2018, sterling lost some ground versus the greenback in March.

Published 01 Apr, 2021 12:07am

Markets

Sterling falls versus stronger dollar, stabilises versus euro

The UK's 2-year gilt yield also rose in early trade on Tuesday, up as much as 3 basis points at the 8-day high of 0.112pc.

Published 31 Mar, 2021 01:00am

Business & Finance

Sterling steadies below $1.38

LONDON: Sterling steadied near $1.38 against the dollar on Monday as a decline in concerns about Britain’s ...

Published 30 Mar, 2021 05:45am

Markets

Sterling steadies below $1.38

Expectations that Britain's economy will reopen quickly after its rapid vaccine rollout lifted sterling to $1.42 in February, at the time making it the best performing G10 currency.

Published 30 Mar, 2021 02:31am

Business & Finance

Sterling steadies

LONDON: Sterling steadied against the dollar and euro on Thursday after two consecutive days of losses prompted by...

Updated 26 Mar, 2021 09:25am

Markets

Sterling steadies after two consecutive days of losses

The pound has lost over 1% against the dollar this week, as the EU, which is lagging Britain and the United States in rolling out vaccines, considers the measure.

Published 25 Mar, 2021 11:52pm

Business & Finance

Sterling pares some losses

LONDON: Sterling cut some earlier losses on Wednesday after data showed a rush of new orders by businesses...

Published 25 Mar, 2021 05:08am

Business & Finance

Sterling slips to six-week low on EU vaccine tensions

LONDON: Sterling skidded to a six-week low against the dollar on Tuesday as the EU considers banning COVID-19 ...

Updated 24 Mar, 2021 10:10am

Business & Finance

Sterling falls to 6-day low against euro

LONDON: The pound slipped against the dollar on Monday and fell to its lowest in six days against the euro, as...

Updated 23 Mar, 2021 05:14pm

Markets

Sterling slips vs dollar; investors focus on vaccines, UK-EU tensions

Sterling has gained around 1.8% so far this year against the dollar and 4.2% versus the euro.
The Bank of England kept its interest rates and 895 billion pound bond-buying programme unchanged, as expected.

Published 19 Mar, 2021 07:17pm

Markets

Sterling takes hit as euro zone countries suspend AstraZeneca vaccine

Sterling fell 0.3% versus the dollar to $1.3853 at 1118 GMT, after hitting a one-week low of $1.3809 in earlier trading
Against the euro, it was 0.4% lower at 86.21 pence, having touched at 0926 GMT its lowest level of 86.40 pence since March 5.

Updated 16 Mar, 2021 10:02pm

Business & Finance

Sterling holds above $1.39

LONDON: Sterling held above $1.39 on Monday after falling more than 1 cent versus the dollar on Friday as hopes for...

Updated 16 Mar, 2021 09:34am

Business & Finance

Sterling falls against dollar

LONDON: Sterling fell against a stronger dollar on Friday as Treasury yields climbed, but the pound was still on...

Published 13 Mar, 2021 04:28am

Business & Finance

Sterling climbs towards $1.40

LONDON: The pound edged towards $1.40 on Thursday, making slim gains as the dollar weakened and investors remained...

Published 12 Mar, 2021 05:10am

Business & Finance

Sterling slips against dollar

LONDON: The pound was little changed on Wednesday, slipping below $1.39 and edging up slightly against the euro, as...

Published 11 Mar, 2021 05:25am

Business & Finance

Sterling at 2-week high against euro

LONDON: Sterling touched a two-week high against the euro on Tuesday and gained versus the dollar, supported by...

Published 10 Mar, 2021 04:59am

Markets

Sterling reaches two-week high vs euro on BoE governor's cautious optimism

More than 22 million people have had the first dose of a COVID-19 vaccine in the UK. Traders expect the swift inoculation programme will help the economy rebound from its biggest contraction in 300 years.
In early London trading, the pound rose to a two-week high against the euro at 85.57 pence. It was flat at 85.76 pence at 1227 GMT.

Updated 09 Mar, 2021 09:33pm

Markets

Dollar falls back from 3-1/2 month highs as yields stabilise

Dollar index off 3-1/2 month highs.
Eyes on Treasury auctions, Fed meeting.
Risk currencies rise.

Updated 09 Mar, 2021 09:30pm

Business & Finance

Sterling strengthens

LONDON: The pound rose on Monday and positioning data showed speculators were the most bullish on the currency in...

Updated 09 Mar, 2021 09:36am

Markets

Sterling strengthens; speculators' long position hits three-year high

In the first step towards a return to normality, schools in England reopened on Monday as part of the UK's lockdown-easing plan.
Versus the euro, it was up around 0.4%, at 85.77 pence per euro. The euro has lost around 4% against the pound so far in 2021.

Updated 08 Mar, 2021 10:19pm

Business & Finance

Sterling weakens against resurgent dollar

LONDON: The British pound lost ground against a resurgent dollar on Friday, as currency traders took some risk off...

Published 06 Mar, 2021 05:01am

Markets

Sterling weakens against resurgent dollar

US Federal Reserve Chair Jerome Powell failed to soothe investor concerns about a recent surge in borrowing costs as he spoke at a Wall Street Journal forum on Thursday, pushing the safe-haven dollar higher.
Sterling fell to a three-week low against the dollar, briefly dropping below $1.38. It was last down 0.6% at $1.3810.

Published 05 Mar, 2021 09:49pm

Markets

Dollar gains across the board as Powell sticks to script

The Swiss franc fell to a seven-month low of 0.93110 francs per dollar and was flat at 0.92765.
We didn't get it and the dollar is pushing higher across the board on expectations of further increases in US yields.

Published 05 Mar, 2021 05:23pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	278.52
USD PKR Interbank Buying / Apr 25	278.32
USD to Japanese Yen / Apr 25	155.60
USD to Swiss Franc / Apr 25	0.91
Pound Sterling to USD / Apr 25	1.25
Euro to USD / Apr 25	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
Nasdaq / Apr 24	15712.75
Dow Jones / Apr 24	38460.92
India Sensex / Apr 25	73780.80
Tokyo Nikkei / Apr 25	37628.48
Hang Seng / Apr 25	17264.90
FTSE 100 / Apr 25	8077.84
Germany DAX 30 / Apr 25	17994.97

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Crude Oil USD/Barrel / Apr 25	83.02
Gold Spot USD/Ounce / Apr 25	2325.45
Cotton US¢/pound / Apr 25	80.89
Petrol/Litre / Apr 26	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 26 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 26 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 26 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 26 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 26 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 26 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 26 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 26 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 26 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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