Topic

U.S. inflation

South African rand slips against dollar after US CPI release

Published 10 Apr, 2024 10:40pm

JOHANNESBURG: South Africa’s rand slipped on Wednesday as the dollar soared after data showed U.S. inflation rose in...

European shares rebound from one-month low; ECB rate verdict up next

Published 10 Apr, 2024 10:14pm

European shares staged a recovery after a knee-jerk reaction to a high U.S. inflation reading on Wednesday, with...

Copper retreats from highs after strong US inflation data

Published 10 Apr, 2024 10:08pm

LONDON: Copper prices reversed into the red on Wednesday and other metals pared gains after stronger than expected...

Euro zone yields rise as US inflation dims Fed cut hopes

Published 10 Apr, 2024 07:53pm

Euro zone bond yields rose on Wednesday after data showed U.S. inflation was stronger than expected in March,...

US dollar hits highest against yen since mid-1990 after inflation data

Published 10 Apr, 2024 06:36pm

LONDON: The yen weakened on Wednesday, pushing the dollar to its highest against the Japanese currency since 1990,...

Japan rubber futures drop over 1pc as traders take profit

Published 21 Feb, 2024 05:29am

SINGAPORE: Japanese rubber futures dropped more than 1% on Tuesday as traders locked in profit after a recent rally,...

Oil edges higher on U.S. inventory fall

Published 29 Jun, 2023 09:03pm

HOUSTON: Oil prices edged higher on Thursday, buoyed by a bigger-than-expected fall in U.S. inventories, but fears...

Oil rises more than 1% on tightening supplies, cooling US inflation

Published 31 Mar, 2023 10:52pm

BENGALURU: Oil prices rose by more than a dollar a barrel on Friday as supplies tightened in some parts of the world...

Morgan Stanley making 'modest' job cuts; CEO 'wouldn't bet against' Musk

Published 01 Dec, 2022 10:22pm

NEW YORK: Morgan Stanley is making modest job cuts across the globe, Chief Executive Officer James Gorman said, as...

Wall Street wavers as hot CPI data stokes rate hike jitters

Published 13 Jul, 2022 11:57pm

NEW YORK: Wall Street stocks fluctuated on Wednesday as investors digested surprisingly strong U.S. inflation data,...

Oil prices fall on fears of aggressive Fed rate hike

Published 11 Feb, 2022 12:39am

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

Gold's rally halted by retail sales snag

Published 16 Nov, 2021 11:20pm

Gold retreated on Tuesday from an over five-month peak as upbeat U.S. retail sales data for October gave a fillip to...

Sterling hits fresh 2021 low vs dollar, economy loses steam

Published 12 Nov, 2021 04:46am

LONDON: Sterling fell to its lowest level of 2021 against the dollar on Thursday as the British economy appeared to...

Turkish lira hits new depths near 10 to the dollar

Published 12 Nov, 2021 04:46am

ISTANBUL: The Turkish lira continued its dive into uncharted territory on Thursday, touching a new low of 9.975 to...

Dollar climbs after hot US inflation; euro dips

Published 12 Nov, 2021 04:46am

NEW YORK: The dollar rose to almost 16-month highs against the euro and other currencies on Thursday, after the...

Dollar dips as soft U.S. inflation weighs; Fed in focus next week

Updated 15 Sep, 2021 11:58pm

NEW YORK: The dollar slipped against major currencies on Wednesday after softer-than-expected U.S. inflation data...

Gold climbs as U.S. inflation miss clouds Fed taper bets

Published 15 Sep, 2021 12:11am

Gold climbed to a one-week high on Tuesday, as the dollar retreated after a slower-than-expected rise in U.S....

Canadian dollar firms as investors brace for U.S. inflation data

Published 14 Sep, 2021 12:59am

TORONTO: The Canadian dollar edged higher against its U.S. counterpart on Monday as oil prices rose and investors...

South African rand hovers as markets U.S. inflation signals

Updated 25 Jun, 2021 12:26am

South African government bonds were also strengthened slightly, with the yield on the benchmark 2030 instrument dipping 6 basis points to 8.890.

Copper prices slip on U.S. inflation jitters

Published 24 Jun, 2021 11:41pm

The dollar hovered near a two-month high, still making copper, which is priced in the greenback, less attractive to global buyers.

Australian shares up, NZ down

Published 11 Jun, 2021 03:41am

SYDNEY/WELLINGTON: Australian shares rose on Thursday, led by technology and banking stocks, while global markets...

South Africa's rand rallies after US inflation data

Published 10 Jun, 2021 10:45pm

Shares on the Johannesburg Stock Exchange (JSE) slipped a tad from the previous day's closing but largely brushed off concerns of higher inflation in the United States.

Gold range-bound as market awaits U.S. inflation cues

Published 09 Jun, 2021 11:12pm

Gold is considered a hedge against inflation likely spurred by large stimulus from central banks and governments around the world.

South Africa's rand set for monthly gains, commodities lift stocks

Published 31 May, 2021 11:09pm

The dollar came under pressure more broadly on Monday as traders assessed the impact of a surge in U.S. inflation before monthly jobs data later this week.

European shares at record high on gains in financials, U.S. spending plan

Published 28 May, 2021 11:43pm

The pan-European STOXX 600 index rose 0.6pc to a record high of 448.98 points and added 1pc this week.

Gold flirts with $1,900 again after U.S. inflation ticks up

Published 28 May, 2021 10:21pm

U.S. consumer prices accelerated in the year to April, with a measure of underlying inflation blowing past the Federal Reserve's 2pc target.

South Africa's rand firms, shares rise

Published 28 May, 2021 10:18pm

The main indexes are now hovering near all-time best highs seen earlier in May, with a strong local earnings complimented by dissipating concerns on inflation.

Canadian dollar gains as attention turns to U.S. inflation data

Published 28 May, 2021 12:33am

The central bank is likely to cut its bond-buying program again this year, possibly as soon as July, as provinces ease curbs to contain the coronavirus pandemic and inflation pressures build, analysts said.

Gold rebounds after strong U.S. inflation data, weaker dollar

Updated 14 Apr, 2021 12:01am

The U.S. dollar slipped to three-week lows after the data, making gold more appealing for holders of other currencies, while benchmark 10-year Treasury yields also ticked lower.

European shares pause near record highs

Updated 14 Apr, 2021 12:01am

The STOXX 600 has also lagged a recovery in its U.S. counterpart due to a slow vaccination rollout and a new wave of coronavirus infections on the continent.

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
USD to Japanese Yen / Jul 17	162.40
USD to Swiss Franc / Jul 17	0.81
Pound Sterling to USD / Jul 17	1.35
Euro to USD / Jul 17	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 17	7,457.69
India Sensex / Jul 17	78,151.45
Tokyo Nikkei / Jul 17	64,141.12
Nasdaq / Jul 17	25,520.24
Hang Seng / Jul 17	24,562.24
FTSE 100 / Jul 17	10,600.37
Dow Jones / Jul 17	52,146.42
Germany DAX 30 / Jul 17	24,830.98
France CAC40 / Jul 17	8,338.81

Item	Value
Crude Oil USD/Barrel / Jul 17	82.49
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Gold Spot USD/Ounce / Jul 17	4,017.39
Cotton US¢/pound / Jul 17	78.63
Petrol/Litre / Jul 20	316.15
Diesel/Litre / Jul 20	354.35

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 17 Dadabhoy Cement Industries Limited(DBCI)	17.01 ▲ 1.55 (10.03%)
Ruby Textile / Jul 17 Ruby Textile Mills Limited(RUBY)	17.59 ▲ 1.6 (10.01%)
Crescent Cotton / Jul 17 Crescent Cotton Mills Limited(CCM)	53.68 ▲ 4.88 (10%)
National Silk / Jul 17 The National Silk & Rayon Mills Limited(NSRM)	272.21 ▲ 24.75 (10%)
Suhail Jute / Jul 17 Suhail Jute Mills Limited(SUHJ)	223.96 ▲ 20.36 (10%)
Baba Farid Sugar / Jul 17 Baba Farid Sugar Mills Limited(BAFS)	418.56 ▲ 38.05 (10%)
Shadman Cotton / Jul 17 Shadman Cotton Mills Limited(SHCM)	50.61 ▲ 4.6 (10%)
Asia Ins. / Jul 17 Asia Insurance Company Limited(ASIC)	34.45 ▲ 3.13 (9.99%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	107.58 ▲ 9.65 (9.85%)
TPL Trakker Ltd / Jul 17 TPL Trakker Limited(TPLT)	27.91 ▲ 2.5 (9.84%)

Stock	Price
Tariq Corp. (R) / Jul 17 Tariq Corporation Limited(Right)(TCORPR2)	2.70 ▼ -0.89 (-24.79%)
First Punjab Modaraba / Jul 17 First Punjab Modaraba(FPJM)	11.04 ▼ -1.23 (-10.02%)
Khairpur Sug. / Jul 17 Khairpur Sugar Mills Limited(KPUS)	1,871.47 ▼ -207.94 (-10%)
Service Textile / Jul 17 Service Industries Textiles Limited(SERT)	62.27 ▼ -6.92 (-10%)
S.G.Power / Jul 17 S.G. Power Limited(SGPL)	97.59 ▼ -10.84 (-10%)
Mughal Iron & Steel(C) / Jul 17 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	63 ▼ -6.99 (-9.99%)
Fateh Sports / Jul 17 Fateh Sports Wear Limited(FSWL)	150.29 ▼ -16.65 (-9.97%)
Paramount Spinning / Jul 17 Paramount Spinning Mills Limited(PASM)	10.91 ▼ -1.1 (-9.16%)
Power Cem(Pref) / Jul 17 Power Cement (Pref)(POWERPS)	23.62 ▼ -2.36 (-9.08%)
Supernet Tech. / Jul 17 Supernet Technologies Limited(STL)	41.34 ▼ -3.72 (-8.26%)

Stock	Volume
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	86,491,992 ▲ 0.19
TPL Properties / Jul 17 TPL Properties Limited(TPLP)	62,545,194 ▼ -0.67
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	38,580,070 ▲ 2.94
WorldCall Telecom / Jul 17 Worldcall Telecom Limited(WTL)	23,499,606 ▼ -0.04
K-Electric Ltd. / Jul 17 K-Electric Limited(KEL)	18,396,866 ▼ -0.24
Lotte Chemical / Jul 17 Lotte Chemical Pakistan Limited(LOTCHEM)	17,830,259 ▼ -1.32
Hascol Petrol / Jul 17 Hascol Petroleum Limited(HASCOL)	14,534,208 ▼ -0.33
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	12,503,494 ▼ -0.51
TPL REIT Fund I / Jul 17 TPL REIT Fund I(TPLRF1)	11,458,248 ▼ -0.29
PIA Holding Co.Ltd / Jul 17 PIA Holding Company Limited(PIAHCLA)	10,427,355 ▲ 0.51

U.S. inflation

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