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US economy

Tokyo markets end sharply higher

TOKYO: Tokyo stocks ended sharply higher on Wednesday supported by gains in US high-tech shares as investors ...

Published 07 Dec, 2023 04:35am

World

US private payrolls miss expectations in November

WASHINGTON: U.S. private payrolls increased less than expected in November as the labor market gradually cools....

Published 06 Dec, 2023 06:29pm

Business & Finance

US dollar bolstered by month-end buying

NEW YORK: The dollar gained on Thursday, boosted by month-end buying, despite data showing signs of a slowing US...

Published 01 Dec, 2023 04:43am

World

US third-quarter economic growth revised up to 5.2%

WASHINGTON: The US economy grew faster than initially thought in the third quarter, but momentum appears to have...

Published 29 Nov, 2023 06:52pm

World

US weekly jobless claims fall; labor market still slowing

WASHINGTON: The number of Americans filing new claims for unemployment benefits fell more than expected last week,...

Published 22 Nov, 2023 06:48pm

Markets

Japan shares hit three-decade high

SYDNEY: Japanese shares hit highs not seen since 1990 on Monday as strong earnings and offshore demand fuelled a...

Published 21 Nov, 2023 06:01am

World

US weekly jobless claims rise more than expected

WASHINGTON: The number of Americans filing new claims for unemployment benefits increased more than expected last...

Published 16 Nov, 2023 06:54pm

World

US retail sales fall slightly in October

WASHINGTON: U.S. retail sales fell in October, though by less than expected, after months of strong gains, pointing...

Published 15 Nov, 2023 07:09pm

Markets

European shares rise on strong earnings

PARIS: European shares rose on Wednesday, supported by gains in healthcare stocks and strong earnings reports, while...

Published 09 Nov, 2023 05:38am

Opinion

Rising global economic uncertainties

‘Businesses, governments, and investors were already navigating a foggy global landscape before the tragic events...

Updated 03 Nov, 2023 07:13am

Markets

Wall St gains on megacap boost ahead of Fed verdict

NEW YORK: Wall Street’s main indexes rose on Monday, boosted by megacap growth stocks ahead of a busy week of...

Published 31 Oct, 2023 05:26am

Business & Finance

Fed may pause again with rates at 22-year high

WASHINGTON: The Federal Reserve will likely announce it is holding interest rates at a 22-year high on Wednesday, as...

Updated 30 Oct, 2023 08:50am

Business & Finance

Dollar edges down as month-end flows weigh

NEW YORK: The dollar eased against a basket of currencies on Friday, pulled-down by month-end rebalancing flows, but...

Published 28 Oct, 2023 05:58am

Business & Finance

US economy grows at fastest rate in nearly two years

WASHINGTON: The US economy heated up in the third quarter, government data showed on Thursday, as a resilient job...

Published 27 Oct, 2023 05:16am

World

US mortgage rates soar to highest in more than 23 years

The interest rate on the most popular U.S. home loan last week jumped to the highest since September 2000, marking...

Updated 25 Oct, 2023 10:22pm

Business & Finance

Dollar higher as US business activity ticks up

NEW YORK: The dollar climbed against a basket of currencies on Tuesday as a slew of fresh economic data highlighted...

Published 25 Oct, 2023 06:19am

Markets

Treasuries: US yields slide on Mideast worries, 10-year just under 5pc

NEW YORK: US Treasury prices rebounded on Friday as investors sought the safety of bonds amid fears of an escalating...

Published 23 Oct, 2023 05:58am

Markets

Wall St slides as Treasury yields stay high

NEW YORK: Wall Street’s main indexes dropped on Friday as US Treasury yields hovered near multi-year highs...

Published 21 Oct, 2023 06:05am

World

US inflation is ‘still too high’: Fed Chair Powell

WASHINGTON: US inflation is “still too high” despite a recent slowdown, Federal Reserve Chair Jerome Powell said...

Published 20 Oct, 2023 05:17am

World

US inflation is 'still too high': Fed Chair Powell

WASHINGTON: US inflation is "still too high" despite a recent slowdown, Federal Reserve Chair Jerome Powell said...

Published 19 Oct, 2023 11:17pm

World

Fed’s Powell to take the stage amid a suddenly choppy landscape

Federal Reserve Chair Jerome Powell will take the podium in New York on Thursday with his colleagues at the U.S....

Published 19 Oct, 2023 06:49pm

World

US weekly jobless claims unexpectedly fall

WASHINGTON: The number of Americans filing new claims for unemployment benefits unexpectedly fell last week,...

Published 19 Oct, 2023 06:04pm

Business & Finance

US retail sales higher than expected in September

WASHINGTON: Retail sales in the United States came in stronger than expected in September according to government...

Published 18 Oct, 2023 06:09am

World

Ford Chairman Bill Ford calls for deal to end UAW strike

DEARBORN (Michigan): Ford executive chairman Bill Ford on Monday urged the United Auto Workers union to end a 32-day...

Published 17 Oct, 2023 05:51am

World

US consumer prices rise on gasoline and shelter costs in September

WASHINGTON: US consumer prices increased in September amid higher costs for rent and gasoline, but underlying...

Published 12 Oct, 2023 05:51pm

Business & Finance

Fed should proceed ‘carefully’ on rate hikes: officials

WASHINGTON: The US Federal Reserve should proceed carefully when deciding whether or not to hike interest rates...

Published 10 Oct, 2023 06:19am

Editorials

High interest rate environment

EDITORIAL: It seems the Fed-led hawkish interest rate cycle that started last March and battered tech stocks across...

Published 07 Oct, 2023 06:01am

Business & Finance

US manufacturing sector nears recovery; construction spending solid

WASHINGTON: US manufacturing took a step further towards recovery in September as production picked up and ...

Updated 03 Oct, 2023 06:43am

Markets

Wall St climbs after investors digest slew of economic data

NEW YORK: Wall Street’s key indexes gained on Thursday as investors assessed the latest batch of economic data and...

Published 29 Sep, 2023 06:24am

Markets

Oil prices ease 1pc on profit taking

NEW YORK: Oil futures eased about 1% on Thursday, as traders took profits after prices soared early to 10-month ...

Published 29 Sep, 2023 06:24am

Gainers
Losers
Leaders

Stock	Price
Chakwal Spinning / Dec 12 Chakwal Spinning Mills Limited(CWSM)	3.35 ▲ 1.00 (42.55%)
First Elite Cap.Mod / Dec 12 First Elite Capital Modaraba(FECM)	5.99 ▲ 0.99 (19.80%)
Kohinoor Spining / Dec 12 Kohinoor Spinning Mills Limited(KOSM)	4.80 ▲ 0.61 (14.56%)
Dar-es-Salaam / Dec 12 Dar-es-Salaam Textile Mills Limited(DSML)	8.49 ▲ 1.00 (13.35%)
Silk Bank Ltd / Dec 12 Silkbank Limited(SILK)	1.24 ▲ 0.14 (12.73%)
Nazir Cotton Mills / Dec 12 Nazir Cotton Mills Limited(NCML)	4.24 ▲ 0.44 (11.58%)
Pace (Pak) Ltd. / Dec 12 Pace (Pakistan) Limited(PACE)	2.85 ▲ 0.29 (11.33%)
Samba Bank / Dec 12 Samba Bank Limited(SBL)	9.93 ▲ 1.00 (11.20%)
Alfalah ETF. / Dec 12 Alfalah Consumer Index ETF.(ACIETF)	12 ▲ 1.01 (9.19%)
Trust Mod. / Dec 12 Trust Modaraba(TRSM)	2.17 ▲ 0.17 (8.50%)

Stock	Price
Sec. Inv. Bank / Dec 12 Security Investment Bank Limited(SIBL)	4.89 ▼ -0.85 (-14.81%)
Next Capital / Dec 12 Next Capital Limited(NEXT)	6 ▼ -0.60 (-9.09%)
Redco Textile / Dec 12 Redco Textiles Limited(REDCO)	6.23 ▼ -0.57 (-8.38%)
Asim Textile / Dec 12 Asim Textile Mills Limited(ASTM)	11.50 ▼ -0.98 (-7.85%)
Crescent Fib. / Dec 12 Crescent Fibres Limited(CFL)	74.02 ▼ -6.00 (-7.50%)
Dadex Eternit / Dec 12 Dadex Eternit Limited(DADX)	45.73 ▼ -3.71 (-7.50%)
J.A.Textile / Dec 12 J.A. Textile Mills Limited(JATM)	46.64 ▼ -3.78 (-7.50%)
Reliance Cotton / Dec 12 Reliance Cotton Spinning Mills Limited(RCML)	629 ▼ -51.00 (-7.50%)
Sunrays Textile / Dec 12 Sunrays Textile Mills Limited(SUTM)	111 ▼ -9.00 (-7.50%)
Masood Textile / Dec 12 Masood Textile Mills Limited(MSOT)	53.20 ▼ -4.30 (-7.48%)

Stock	Volume
K-Electric Ltd. / Dec 12 K-Electric Limited(KEL)	342,535,258 ▲ 0.05
WorldCall Telecom / Dec 12 Worldcall Telecom Limited(WTL)	98,557,282 ▲ 0.05
Kohinoor Spining / Dec 12 Kohinoor Spinning Mills Limited(KOSM)	65,177,500 ▲ 0.61
P.T.C.L. / Dec 12 Pakistan Telecommunication Company Ltd(PTC)	63,595,500 ▲ 0.45
Askari Bank / Dec 12 Askari Bank Limited(AKBL)	57,594,500 ▲ 0.57
Hascol Petrol / Dec 12 Hascol Petroleum Limited(HASCOL)	54,822,000 ▲ 0.57
Fauji Foods Ltd / Dec 12 Fauji Foods Limited(FFL)	47,998,197 ▲ 0.10
Cnergyico PK / Dec 12 Cnergyico PK Limited(CNERGY)	46,684,647 ▼ -0.16
Pak Refinery / Dec 12 Pakistan Refinery Limited(PRL)	41,814,767 ▼ -1.64
Telecard Limited / Dec 12 Telecard Limited(TELE)	37,055,844 ▲ 0.37

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 11	284.32
USD PKR Interbank Buying / Dec 11	283.77
USD to Japanese Yen / Dec 11	145.58
USD to Swiss Franc / Dec 11	0.88
Pound Sterling to USD / Dec 11	1.25
Euro to USD / Dec 11	1.08
UK LIBOR % / Dec 8	5.48

Stock	Volume
S&P 500 / Dec 8	4604.37
Nasdaq / Dec 8	14403.97
Dow Jones / Dec 8	36247.87
India Sensex / Dec 11	69967.53
Tokyo Nikkei / Dec 11	32791.80
Hang Seng / Dec 11	16156.22
FTSE 100 / Dec 11	7549.32
Germany DAX 30 / Dec 11	16771.35
France CAC40 / Dec 11	7538.69

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 8	17235
Gold 10 Grams PKR / Dec 8	187414
Crude Oil USD/Barrel / Dec 11	71.63
Gold Spot USD/Ounce / Dec 11	1996.45
Cotton US¢/pound / Dec 11	82.25

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