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U.S. Federal Reserve

British stocks slip as budget update fails to soothe nerves

LONDON: UK’s FTSE 100 ended lower on Wednesday as measures unveiled by finance minister Rishi Sunak to ease the...

Published 24 Mar, 2022 05:36am

Markets

Most Asian stocks rise as bonds retreat on hawkish Fed

BANGKOK: Most Asian stock markets rose on Wednesday as investors exited bond markets on hawkish central bank...

Published 24 Mar, 2022 05:36am

Business & Finance

Dollar climbs, euro weakens, as Biden brings sanctions plan to Europe

NEW YORK: The dollar climbed on Wednesday while the euro weakened as oil prices saw another jump with U.S. President...

Published 24 Mar, 2022 05:36am

Markets

Gold slips to near 1-week low on Powell’s hawkish stance

NEW YORK: Gold prices fell over 1% to a near one-week low on Tuesday after U.S. Federal Reserve Chair Jerome Powell...

Published 23 Mar, 2022 04:58am

Business & Finance

Dollar eases as Powell bump fades

NEW YORK: The dollar slipped on Tuesday after a move higher the previous day as comments from U.S. Federal Reserve...

Published 23 Mar, 2022 04:58am

BoE hikes rates again

LONDON: The Bank of England raised interest rates on Thursday in a bid to stop fast-rising inflation becoming...

Published 18 Mar, 2022 05:20am

Markets

Asia stocks gain on China stimulus hopes; Fed in focus

BANGKOK: Emerging Asia’s stocks and currencies rose on Wednesday, driven by hopes of more economic stimulus in...

Published 17 Mar, 2022 04:53am

Markets

FTSE 100 jumps ahead of Fed decision as miners, financials advance

LONDON: London’s FTSE 100 rose to near two-week highs on Wednesday as prospects of peace talks between Russia and...

Published 17 Mar, 2022 04:53am

Business & Finance

Australia, NZ dollars on edge for uber-hawkish Fed

SYDNEY: The Australian and New Zealand dollars were still smarting from recent losses on Wednesday amid worries ...

Published 17 Mar, 2022 04:53am

Markets

Wall Street pares gains after Fed hikes rates, signals more

The S&P 500 pared its gains and the Dow briefly dipped into the red on Wednesday after the U.S. Federal Reserve...

Published 17 Mar, 2022 12:50am

Markets

Wall Street slides as decades-high inflation reading invites aggressive Fed tightening

NEW YORK: Wall Street slid on Thursday as inflation data hit a four-decade high, all but assuring the U.S. Federal...

Published 11 Mar, 2022 12:44am

BoE reviews staff financial rules after Fed ethics scandal

LONDON: The Bank of England is conducting an internal review into its policy on officials’ personal financial...

Published 24 Feb, 2022 06:34am

Business & Finance

Dollar flat in choppy trade with focus on Ukraine

NEW YORK: The U.S. dollar was little changed in choppy trading on Wednesday as investors digested the latest...

Published 24 Feb, 2022 06:34am

Opinion

After ECB shock, European firms confront higher borrowing costs

European companies hoping to fund M&A and capital expenditures on bond markets this year are facing a sudden ...

Published 19 Feb, 2022 04:15am

Business & Finance

Dollar eases as investors keep eye on Ukraine

NEW YORK: The U.S. dollar index was down slightly for a second straight sesson on Wednesday as investors watched for...

Published 17 Feb, 2022 06:37am

Markets

Oil prices fall on fears of aggressive Fed rate hike

Oil prices fell on Thursday despite forecasts for a steeper rise in energy demand, with crude turning negative on...

Published 11 Feb, 2022 12:39am

Markets

Wall Street swings higher on final day of volatile month

The three main benchmarks all traded higher on Monday at the end of a volatile month for Wall Street with the...

Published 01 Feb, 2022 12:43am

Markets

Hong Kong shares end marginally higher

HONG KONG: Hong Kong shares ended higher on Wednesday, with gains in financial firms and tech names offset by losses...

Published 27 Jan, 2022 04:05am

Markets

Asian FX, shares steady as investors brace for Fed policy outcome

BENGALURU: Stocks and currencies in emerging Asian markets struggled to find direction on Wednesday ahead of the ...

Published 27 Jan, 2022 04:05am

Markets

Gold falls 1pc on firm dollar as Fed verdict looms; palladium rallies

Gold fell 1pc on Wednesday as the dollar firmed with investors awaiting the U.S. Federal Reserve's decision on...

Published 26 Jan, 2022 10:58pm

Markets

Gold pauses for breath after rallying to two-month highs

LONDON: Gold prices held near two-month highs on Thursday as a retreat in U.S. Treasury yields and the dollar ...

Published 21 Jan, 2022 05:27am

Business & Finance

Dollar little changed as Treasury yields dip, economic data disappoints

• Jobless claims, home sales data disappoints • Cryptocurrencies jump NEW YORK: The dollar pared earlier gains...

Published 21 Jan, 2022 05:27am

Business & Finance

Dollar at one-week high, lifted by US yields; yen steadies

NEW YORK: The dollar rose to a one-week high on Tuesday following a jump in benchmark U.S. Treasury yields, while ...

Published 19 Jan, 2022 06:15am

Markets

Copper dragged down by strong dollar ahead of Fed meeting

LONDON: Copper prices succumbed to pressure from the dollar on Tuesday as the market anticipated a more hawkish tone...

Published 19 Jan, 2022 06:15am

Business & Finance

Wells Fargo beats profit estimates on uptick in loan demand, cost cuts

Wells Fargo & co on Friday beat analysts' estimates for fourth-quarter profit as a rebound in U.S. economic...

Published 14 Jan, 2022 11:08pm

Markets

UK stocks fall as hawkish Fed triggers global sell-off

LONDON: UK shares dropped on Thursday, tracking a fall in global equity markets after minutes of the U.S. Federal...

Published 07 Jan, 2022 06:22am

Markets

Australian shares plunge

SYDNEY: Australian shares posted their biggest drop since September 2020 on Thursday, after the minutes of a U.S....

Published 07 Jan, 2022 06:22am

Markets

Nikkei marks biggest fall in six months after hawkish Fed minutes

TOKYO: Japan’s Nikkei fell the most in six months on Thursday, as investors sold expensive growth stocks after...

Published 07 Jan, 2022 06:22am

Markets

China stocks end lower as hawkish Fed, Covid-19 cases weigh

SHANGHAI: China stocks closed lower on Thursday, tracking a global slump after minutes from the U.S. Federal...

Published 07 Jan, 2022 06:22am

BoE hikes, ECB rolls slow as pandemic exits diverge

LONDON: Britain became the first G7 economy to hike interest rates since the onset of the pandemic on Thursday, with...

Updated 17 Dec, 2021 10:28am

Gainers
Losers
Leaders

Stock	Price
HBL Invest Fund / Jun 7 HBL Investment Fund(HIFA)	1.60 ▲ 0.20 (14.29%)
Reliance Ins. / Jun 7 Reliance Insurance Company Limited(RICL)	8.27 ▲ 1.00 (13.76%)
Pak Gulf Leasing / Jun 7 Pak-Gulf Leasing Company Limited(PGLC)	7.39 ▲ 0.89 (13.69%)
HBL Growth Fund / Jun 7 HBL Growth Fund(HGFA)	4.15 ▲ 0.40 (10.67%)
Bilal Fibres / Jun 7 Bilal Fibres Limited(BILF)	2.44 ▲ 0.20 (8.93%)
Ist.Capital Sec / Jun 7 First Capital Securities Corporation(FCSC)	1 ▲ 0.08 (8.70%)
Dandot Cement / Jun 7 Dandot Cement Company Limited(DNCC)	9.39 ▲ 0.75 (8.68%)
P.I.A.C.(A) / Jun 7 Pakistan International Airlines Corp(PIAA)	3.73 ▲ 0.27 (7.80%)
Ahmad Hassan / Jun 7 Ahmad Hassan Textile Mills Limited(AHTM)	51.60 ▲ 3.60 (7.50%)
Ghani Value Glas / Jun 7 Ghani Value Glass Limited(GVGL)	65.39 ▲ 4.56 (7.50%)

Stock	Price
Sec. Inv. Bank / Jun 7 Security Investment Bank Limited(SIBL)	3.05 ▼ -0.94 (-23.56%)
Tri-Star Mutual / Jun 7 Tri-Star Mutual Fund Limited(TSMF)	3 ▼ -0.60 (-16.67%)
SME Leasing Ltd / Jun 7 SME Leasing Limited(SLL)	1.73 ▼ -0.26 (-13.07%)
Bank of Khyber / Jun 7 The Bank of Khyber(BOK)	11.75 ▼ -1.00 (-7.84%)
Ellcot Spinning / Jun 7 Ellcot Spinning Mills Limited(ELSM)	105.43 ▼ -8.55 (-7.50%)
Crescent Cotton / Jun 7 Crescent Cotton Mills Limited(CCM)	32.38 ▼ -2.62 (-7.49%)
Reliance Weaving / Jun 7 Reliance Weaving Mills Limited(REWM)	84.18 ▼ -6.82 (-7.49%)
Ashfaq Textile / Jun 7 Ashfaq Textile Mills Limited(ASHT)	7.06 ▼ -0.55 (-7.23%)
Pakistan Cables / Jun 7 Pakistan Cables Limited(PCAL)	92.82 ▼ -7.12 (-7.12%)
Gillette Pak / Jun 7 Gillette Pakistan Limited(GLPL)	110 ▼ -7.90 (-6.70%)

Stock	Volume
WorldCall Telecom / Jun 7 Worldcall Telecom Limited(WTL)	24,434,530 ▲ 0.00
Pak Refinery / Jun 7 Pakistan Refinery Limited(PRL)	20,516,561 ▲ 0.81
Cnergyico PK / Jun 7 Cnergyico PK Limited(CNERGY)	15,490,079 ▲ 0.16
Pak Petroleum / Jun 7 Pakistan Petroleum Limited(PPL)	10,780,480 ▼ -0.50
Pak Elektron / Jun 7 Pak Elektron Limited(PAEL)	9,829,910 ▲ 0.43
Sui North Gas / Jun 7 Sui Northern Gas Pipelines Limited(SNGP)	9,750,118 ▼ -0.70
Oil & Gas Dev. / Jun 7 Oil & Gas Development Company Limited(OGDC)	8,971,203 ▼ -0.25
Mod. Al-Mali (R) / Jun 7 Modaraba Al-Mali R(MODAMR1)	7,359,500 ▲ 0.00
Maple Leaf Cement / Jun 7 Maple Leaf Cement Factory Limited(MLCF)	7,232,895 ▲ 0.01
P.S.O. / Jun 7 Pakistan State Oil Company Limited(PSO)	6,844,695 ▲ 5.72

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 6	286.57
USD PKR Interbank Buying / Jun 6	286.37
USD to Japanese Yen / Jun 6	139.49
USD to Swiss Franc / Jun 6	0.90
Pound Sterling to USD / Jun 6	1.24
Euro to USD / Jun 6	1.07
UK LIBOR % / Jun 5	5.07

Stock	Volume
S&P 500 / Jun 5	4273.79
Nasdaq / Jun 5	13229.43
Dow Jones / Jun 5	33562.86
India Sensex / Jun 6	62638.57
Tokyo Nikkei / Jun 6	32470.90
Hang Seng / Jun 6	19189.58
FTSE 100 / Jun 6	7591.19
Germany DAX 30 / Jun 6	15958.06
France CAC40 / Jun 6	7199.34

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 5	20235
Gold 10 Grams PKR / Jun 5	197531
Crude Oil USD/Barrel / Jun 6	71.71
Gold Spot USD/Ounce / Jun 6	1958.23
Cotton US¢/pound / Jun 6	81.97

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