Topic

US debt ceiling

Fitch cuts US credit rating to AA+

Published 03 Aug, 2023 05:54am

WASHINGTON: Rating agency Fitch on Tuesday downgraded the US government’s top credit rating, a move that drew an...

U.S. Treasury can meet all obligations after debt ceiling suspension

Published 05 Jun, 2023 11:05pm

WASHINGTON: The U.S. Treasury said it can now meet the federal government's payment obligations after a debt ceiling...

Biden lauds ‘crisis averted’ with debt ceiling deal in first Oval Office address

Published 05 Jun, 2023 03:27am

WASHINGTON: US President Joe Biden declared a “crisis averted” on Friday in his first address from the White...

Biden signs debt ceiling bill into law, averting default

Published 03 Jun, 2023 11:38pm

WASHINGTON: US President Joe Biden on Saturday signed into law a debt ceiling bill passed by Congress after weeks of...

Oil jumps 3% on US debt ceiling progress, OPEC+ in focus

Published 01 Jun, 2023 11:26pm

BENGALURU: Oil prices rose more than $2 a barrel on Thursday on hopes for a pause in U.S. interest rate hikes and...

European stocks hit two-month low on weak China data

Published 01 Jun, 2023 03:34am

PARIS: European shares hit a two-month low on Wednesday as concerns about a global slowdown on China’s weak...

Wall St falls on Fed hike jitters ahead of debt ceiling vote

Published 01 Jun, 2023 03:34am

NEW YORK: US stock indexes fell on Wednesday as a deal to raise the nation’s debt ceiling headed for a crucial ...

Copper heads for second monthly drop on dismal China data

Published 01 Jun, 2023 03:34am

LONDON: Copper prices fell back towards six-month lows on Wednesday after data showed factory activity in top...

Oil falls on weak China data, stronger dollar

Published 01 Jun, 2023 03:34am

HOUSTON: Oil prices fell on Wednesday on a stronger US dollar and as weak data from top oil importer China raised...

Oil slides 4pc on worries about US debt ceiling

Published 31 May, 2023 03:56am

NEW YORK: Oil prices fell more than 4% on Tuesday on concerns about whether the US Congress will pass the US debt...

Tokyo stocks close higher on US debt deal

Published 30 May, 2023 03:37am

TOKYO: Tokyo stocks closed higher Monday, with investors cheered by signs of a breakthrough in US debt ceiling...

Oil dips as rate hike bets offset US debt deal

Published 30 May, 2023 03:37am

HOUSTON: Oil prices slipped on Monday, as worries over further interest rate hikes that could curb energy demand...

Gulf stock markets volatile on US debt deal, economic worries

Updated 29 May, 2023 09:14pm

Stock markets in the Gulf ended in different directions on Monday after US lawmakers reached a tentative agreement...

Dollar nudges lower as US debt ceiling deal dents safe-haven appeal

Published 29 May, 2023 05:31pm

LONDON: The dollar nudged lower on Monday, pulling back from six-month peaks against the yen as a US debt ceiling...

Republicans, Biden reach debt ceiling deal

Updated 29 May, 2023 08:54am

WASHINGTON: President Joe Biden and Republican leader Kevin McCarthy announced a deal Saturday to raise the debt...

Republicans criticize McCarthy, Biden debt ceiling deal

Published 28 May, 2023 08:05pm

WASHINGTON: After tough negotiations to reach a tentative deal with the White House on the U.S. borrowing limit, the...

US debt ceiling negotiations push towards critical default deadline

Published 27 May, 2023 05:26pm

WASHINGTON: Democratic and Republican negotiators said they were hopeful of reaching a deal to raise the federal...

Biden, McCarthy looking to close US debt ceiling deal for two years

Published 26 May, 2023 05:46pm

WASHINGTON: The White House and congressional Republicans on Friday aim to put the final touches on a deal to raise...

Shanghai stocks open slightly lower

Published 26 May, 2023 10:35am

SHANGHAI: Chinese markets opened with small losses Friday morning as traders fret over the outlook for the country’s...

European shares slip as macro gloom weighs

Published 26 May, 2023 06:48am

PARIS: European stocks slipped on Thursday as concerns over the US debt ceiling standoff and a global economic...

Biden spending freeze plan would save $1 trillion: Treasury

Published 24 May, 2023 09:20pm

WASHINGTON: President Joe Biden offered to freeze government spending at current levels during crunch debt talks...

IMF chief calls US debt battle ‘unnecessary’ for world economy

Published 24 May, 2023 06:14pm

DOHA: International Monetary Fund chief Kristalina Georgieva said Wednesday that protracted domestic wrangling over...

Indian shares open lower on caution over US debt ceiling talks

Published 24 May, 2023 09:40am

BENGALURU: Indian shares opened lower on Wednesday, tracking a slide in US and Asian peers, after negotiations over...

IMF chief hopes US debt ceiling deal will come before ‘11th hour’

Published 23 May, 2023 06:41pm

LONDON: International Monetary Fund Managing Director Kristalina Georgieva said on Tuesday she hoped the world...

Biden, McCarthy meeting ends with no deal on debt ceiling

Published 23 May, 2023 09:32am

WASHINGTON: President Joe Biden and House Speaker Kevin McCarthy could not reach an agreement Monday on how to raise...

Biden says Republican debt ceiling demands ‘unacceptable’

Published 22 May, 2023 06:23am

WASHINGTON: President Joe Biden on Sunday slammed Republican demands in negotiations to resolve the US debt ceiling...

Wall Street Week Ahead: Artificial intelligence gives real boost to US stock market

Published 22 May, 2023 06:23am

NEW YORK: Recent advances in artificial intelligence are fueling optimism over how businesses can operate more...

Wall St slips on debt ceiling uncertainty

Published 22 May, 2023 06:23am

NEW YORK: US stocks closed out the trading week on a soft note on Friday as early gains dissipated after US debt...

Yellen says June 1 is 'hard deadline' for raising debt ceiling

Updated 21 May, 2023 11:27pm

WASHINGTON: US Treasury Secretary Janet Yellen on Sunday said June 1 remains a "hard deadline" for raising the...

Japanese rubber futures post weekly gain

Published 21 May, 2023 04:00am

SINGAPORE: Japanese rubber futures delivered a weekly gain on Friday, driven by strong tyre manufacturer activity,...

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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

US debt ceiling

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