Trends - Stock markets - Business Recorder

Stock markets

Dollar stuck near 3-month lows, bitcoin struggles

The dollar index hovered around the 90 mark, broadly flat on the day and close to a three-month low of 89.646 hit on Friday.

Published 24 May, 2021 02:22pm

Markets

Euro zone bond yields edge up as equity markets calm

Bond yields rise after stock market-driven fall on Tuesday.
Greece sells 5-year bond after rating upgrade.

Published 05 May, 2021 08:17pm

Markets

Major Gulf markets mixed; Dubai index outshines

DUBAI: Stock markets in the Gulf ended mixed on Sunday, with property shares driving the Dubai index higher while ...

Published 03 May, 2021 04:39am

Markets

Markets mostly up before Fed, Biden

The Dow Jones was off 0.3 percent in early trading despite a strong rise for Google parent Alphabet, which added 5.7 percent on surging ad sales.

Published 28 Apr, 2021 07:35pm

Business & Finance

Early trade in New York: Dollar rises from 7-week low

NEW YORK: The US dollar rose on Wednesday from a seven-week low hit overnight, as broad weakness in stock markets...

Updated 22 Apr, 2021 09:46am

Markets

Stocks slide, tobacco shares feel the heat

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

Published 21 Apr, 2021 10:34am

Markets

Most major Gulf markets gain as financials rise

On Sunday, the lender reported its first quarter net profit of 3.3 billion riyals ($906.22 million), down by 7% from a year earlier as it booked 1.4 billion riyals in "precautionary" loan-loss provisions.

Published 12 Apr, 2021 01:43pm

Markets

Stocks hesitate but Toshiba news boosts London

Elsewhere, JPMorgan Chase gained 1.6 percent after Chief Executive Jamie Dimon predicted the US economy would see a "likely boom," potentially through 2023, following a flood of fiscal support.

Published 08 Apr, 2021 10:33am

Markets

Shares and dollar rise as world's costliest traffic jam builds

Economic optimism countered by worries about China-US tensions.
Euro/dollar lowest since Nov on divergent COVID outlooks.
Oil settles as efforts to refloat beached Suez tanker continue.
Turkey's lira set for worst week since 2018 after cbank sacking.

Published 26 Mar, 2021 08:10pm

Markets

Taiwan, Philippine lead Asia share declines as US yields push higher

The world's two largest economies have already levelled sharp rebukes over each other's stance on key issues.

Published 19 Mar, 2021 09:48am

Business & Finance

US stimulus offers 'significant' boost to global economy: IMF

However, he cautioned that with low interest rates, policymakers worldwide should be on the alert for a sudden shift in borrowing costs.

Published 12 Mar, 2021 10:10am

Markets

Indonesia's rupiah hits 4-month low as US bond yields rise

The currency was down 0.3% on Friday.

Published 05 Mar, 2021 10:45am

Markets

Sri Lankan shares fall with world markets; cenbank holds rates

The benchmark stock index dropped 2.7% to 7,002.04, its lowest since Jan. 6. With Thursday's fourth straight of losses, the index is now well below a record high of 9,025 hit in late January, and is just up around 3% for the year.
The MSCI's ex-Japan Asian-Pacific shares lost 1.8% and other stock markets dipped after 10-year US Treasury yield, the benchmark for global borrowing costs, rose past 1.45% on Wednesday.

Updated 04 Mar, 2021 09:51pm

Markets

Dubai bourse leads most of Gulf lower

Outlook for kingdom's voluntary oil output cut unclear.
Dubai index snaps five sessions of gains.
Egypt's Eastern Co to sell treasury shares.

Published 04 Mar, 2021 06:44pm

Markets

Most major Gulf stock markets fall in early trade

Dubai's main share index fell 0.7%, weighed down by a 2.3% drop in Emaar Properties and a 2.2% retreat for Emirates Integrated Telecommunications.

Updated 28 Feb, 2021 04:59pm

Business & Finance

Global firms raise massive cash through convertible bonds

SINGAPORE: Global companies are raising vast amounts of money through convertible bonds this year, as soaring stock...

Updated 22 Feb, 2021 09:57am

Markets

Dubai bucks Gulf trend with blue-chip sell-off

DUBAI: Most stock markets in the Middle East ended higher on Tuesday, though the Dubai index was dragged into...

Published 17 Feb, 2021 04:24am

Markets

Dubai bucks Gulf trend with blue-chip sell-off

DIB reports sharp fall in full-year profit.
Saudi index extends gains for a ninth session.
Egypt's unemployment dipped Oct-Dec.

Updated 16 Feb, 2021 09:54pm

Markets

Most of Gulf markets flat; Saudi index rises

DUBAI: Most stock markets in the Gulf ended steady on Thursday in the absence of any fresh index-moving catalysts,...

Published 12 Feb, 2021 04:54am

Markets

Most Gulf markets surge

DUBAI: Most stock markets in the Gulf ended higher on Tuesday, mirroring global equities, with Saudi Arabia ...

Published 10 Feb, 2021 04:12am

Markets

Oil on the boil, with stocks and bonds on the backfoot

World shares drop after 3-day gains, retail frenzy slows
Oil at 1-year high on OPEC+ output cut
Benchmark bond yields rising, curves steepening
Volatility index falls to regular levels
Stealth China policy tightening in focus

Published 04 Feb, 2021 08:12pm

Business & Finance

GameStop’s Meteoric Rise, Explained

GameStop’s stocks skyrocketed by 160% in a matter of hours on Monday to an all-time high of $159, giving birth to the ‘Meme Stock’ bubble in the stock market.

Published 27 Jan, 2021 06:54pm

Markets

US Treasury yields fall, dollar firms on stimulus worries

European stocks firmer.
US relief package may be 4-6 weeks away.
Italian PM Conte resigns.
Dollar supported by lower risk appetite.
Fed meets on Tuesday-Wednesday, no fireworks expected.

Published 26 Jan, 2021 06:47pm

Markets

Dubai leads most Gulf markets higher; Saudi bourse eases

DUBAI: Most stock markets in the Gulf ended higher on Wednesday, with Dubai leading gains boosted by its top lender...

Published 21 Jan, 2021 04:23am

Markets

Gulf stocks gain in early trade

The framework includes Aldar taking on the management of 30 billion dirhams ($8.17 billion) worth of major projects.

Published 20 Jan, 2021 02:13pm

Markets

Abu Dhabi market leads broader gains

DUBAI: Stock markets in the Gulf ended higher on Monday, with the Abu Dhabi index marking its best session in more...

Published 19 Jan, 2021 04:22am

Markets

Markets struggle after Biden unveils huge stimulus plan

Frankfurt declined 0.3 percent and Paris shed 0.5 percent in midday eurozone trade.
The dollar traded mixed, while oil prices were down around 1.5 percent.

Published 15 Jan, 2021 06:36pm

Markets

UAE markets extend winning run; Qatar little changed

Dubai, Abu Dhabi gain for 4th straight session.
Oil prices hit highest level in 11 months.
Egypt c.bank bans banks from distributing dividends.

Published 12 Jan, 2021 06:48pm

Markets

Stocks struggle after bumper week, bitcoin volatile

The dollar climbed, while oil prices declined, also after big gains last week.

Published 11 Jan, 2021 09:26pm

Markets

Polish assets gain as CEE stocks, FX mostly ease

Czech bond yields dipped from new highs as markets priced in budget news before the finance ministry announces 2020 deficit figures on Tuesday.
The theme of lockdowns in Europe appeared again and it weighed on clothing retailers but today they are bouncing back.

Published 05 Jan, 2021 04:37pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	156.17
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 25	5048.42
Nasdaq / Apr 25	15611.76
Dow Jones / Apr 25	38085.80
India Sensex / Apr 26	74171.68
Tokyo Nikkei / Apr 26	37934.72
Hang Seng / Apr 26	17626.75
FTSE 100 / Apr 26	8123.98
Germany DAX 30 / Apr 26	18016.27

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 25	20535
Gold 10 Grams PKR / Apr 25	240900
Crude Oil USD/Barrel / Apr 26	83.89
Gold Spot USD/Ounce / Apr 26	2336.33
Cotton US¢/pound / Apr 26	81.15
Petrol/Litre / Apr 27	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Calculate your monthly liability in FY24

Stock markets

Most Popular