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US Federal Reserve

Gold prices tread water as markets weigh Fed policy path

Gold prices edged lower on Tuesday as the dollar stood firm near recent highs, although trading was fairly muted...

Published 05 Sep, 2023 10:11am

Markets

Indian shares open higher on hopes of US rate pause

BENGALURU: Indian shares opened higher on Monday, after US jobs data raised hopes of a US Federal Reserve rate pause...

Published 04 Sep, 2023 09:40am

Markets

Oil edges up on prospect of extended OPEC+ supply cuts

NEW YORK: Oil prices edged higher on Monday on expectations that OPEC+ would keep supplies tight and speculation...

Updated 04 Sep, 2023 09:09pm

Markets

Gold pares jobs-data driven gains

NEW YORK: Gold trimmed initial gains on Friday, but was still headed for a weekly rise after an increase in the US...

Published 04 Sep, 2023 06:21am

Markets

Wall St gains as weak job openings data fuels hopes of rate-hike pause

NEW YORK: Wall Street’s main indexes rose on Tuesday, lifted by growth stocks such as Tesla and Alphabet after a...

Published 30 Aug, 2023 03:33am

Markets

Shanghai copper climbs on China’s latest move to support stock market

BEIJING: Shanghai copper prices climbed on Monday, buoyed by China’s latest move to support its ailing stock market,...

Published 28 Aug, 2023 11:00am

Markets

Copper rally loses steam after Powell says higher rates may be needed

LONDON: Copper prices in London reversed earlier gains on Friday after US Federal Reserve Chair Jerome Powell said...

Published 28 Aug, 2023 06:27am

Business & Finance

US growth, a puzzle to policymakers, could pose global risks

JACKSON HOLE: US economic growth, still racing at a potentially inflationary pace as other key parts of the world...

Published 27 Aug, 2023 10:16am

World

US Fed ‘prepared to raise rates further’ on too-high inflation

WASHINGTON: The US Federal Reserve is prepared to raise interest rates higher – and hold them there – to...

Updated 25 Aug, 2023 08:30pm

Markets

Indian rupee likely to decline on yuan-led weakness in Asia fx

MUMBAI: The Indian rupee is expected to drop at the opening on Monday, tracking losses in Asian peers and on...

Published 21 Aug, 2023 10:36am

Markets

Gold rebounds from 5-month lows as US dollar, yields retreat

Gold edged up from 5-month lows on Friday as the US dollar and bond yields slightly retreated from highs, but...

Published 18 Aug, 2023 10:12am

Markets

Major Gulf markets subdued on worries over China, US rates

Major stock markets in the Gulf fell in early trade on Thursday tracking oil prices and Asian shares lower as fears...

Published 17 Aug, 2023 02:17pm

Markets

Asian stocks hit 9-month lows on worries over China economy, US rates

SINGAPORE: Asian shares slid to nine-month lows on Thursday, while the dollar was at two-month peak as fears over...

Published 17 Aug, 2023 09:48am

Markets

Major Gulf markets mixed ahead of US inflation data

Major stock markets in the Gulf were mixed in early trade on Thursday ahead of a US inflation report that will...

Published 10 Aug, 2023 01:45pm

Markets

Dollar in holding pattern as US inflation test looms; PBOC supports yuan

TOKYO: The dollar held near the centre of its range this week against a basket of major peers, as investors awaited...

Published 10 Aug, 2023 09:37am

Markets

Wall Street falls ahead of CPI inflation data

NEW YORK: Wall Street’s main indexes fell on Wednesday ahead of a key inflation report this week, with investors...

Published 10 Aug, 2023 06:35am

Markets

India rate panel to dial up hawkishness even as it holds policy steady

MUMBAI: India’s monetary policy committee (MPC) is expected to maintain key rates when it meets on Thursday, but...

Published 08 Aug, 2023 10:24am

Markets

Oil dips as end of US driving season weighs on demand

HOUSTON: Oil prices fell more than $1 a barrel on Monday following a protracted rally and as markets worried about...

Published 08 Aug, 2023 06:37am

Markets

Surplus metal and weak demand prospects weigh on copper

LONDON: Copper prices sank on Monday as the market fretted over surpluses of the industrial metal, rising stocks,...

Published 08 Aug, 2023 06:37am

Business & Finance

Morgan Stanley warns of hit to equity valuation if US fiscal spending is cut

WASHINGTON: Brokerage Morgan Stanley on Monday warned that lofty US equity valuations could be questioned by...

Published 08 Aug, 2023 06:37am

Markets

Hong Kong stocks begin week on muted note

HONG KONG: Hong Kong stocks closed barely moved Monday as traders weigh the Federal Reserve’s next move on interest...

Updated 07 Aug, 2023 01:22pm

Business & Finance

Small businesses boost US private payrolls in July

WASHINGTON: US private payrolls rose more than expected in July as small businesses boosted hiring, pointing to...

Published 07 Aug, 2023 07:26am

Markets

Asian stocks draw foreign money on hopes of US rate hikes nearing end

Overseas investors bought Asian equities for the fourth consecutive month in July, spurred by signs that the Federal...

Published 03 Aug, 2023 10:19am

Opinion

Fed doublespeak

Traders with long US equity and long dollar positions that laughed all the way to the bank after the Fed’s latest...

Updated 03 Aug, 2023 06:34am

Business & Finance

Dollar gains after relatively strong data

NEW YORK/LONDON: The dollar advanced against major currencies on Tuesday after relatively solid data on US...

Published 02 Aug, 2023 06:47am

Business & Finance

Fed official leaves door open to rate hike pause in September

WASHINGTON: A Federal Reserve official left open the possibility on Monday of pausing or stopping interest rate...

Published 31 Jul, 2023 08:28pm

Markets

Swiss National Bank posts $15 billion loss during second quarter

ZURICH: The Swiss National Bank posted a second quarter loss of 13.20 billion Swiss francs ($15.14 billion), it said...

Published 31 Jul, 2023 11:35am

Markets

Yen eyes first monthly gain since March; dollar headed for monthly loss

SINGAPORE: The yen edged steadily higher on Monday following a volatile session at the end of last week after the...

Published 31 Jul, 2023 09:33am

Fed officials spar over banking reform in rare open meeting

WASHINGTON: Members of the US Federal Reserve’s governing body voiced disagreements over proposed changes to...

Updated 29 Jul, 2023 09:33am

Markets

Bank of England set to raise rates to 5.25% as high inflation persists

LONDON: The Bank of England looks likely to raise rates by a quarter-point to 5.25% on Aug. 3, though economists and...

Published 28 Jul, 2023 11:01am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 18	278.62
USD PKR Interbank Buying / Apr 18	278.32
USD to Japanese Yen / Apr 18	154.30
USD to Swiss Franc / Apr 18	0.91
Pound Sterling to USD / Apr 18	1.25
Euro to USD / Apr 18	1.07

Stock	Volume
S&P 500 / Apr 17	5022.21
Nasdaq / Apr 17	15683.37
Dow Jones / Apr 17	37735.31
India Sensex / Apr 18	72965.85
Tokyo Nikkei / Apr 18	38103.03
Hang Seng / Apr 18	16452.30
FTSE 100 / Apr 18	7883.62
Germany DAX 30 / Apr 18	17795.41

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 16	21735
Gold 10 Grams PKR / Apr 17	215964
Petrol/Litre / Apr 18	293.94
Crude Oil USD/Barrel / Apr 18	82.77
Gold Spot USD/Ounce / Apr 18	2374.98
Diesel/Litre / Apr 18	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 18 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 18 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 18 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 18 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 18 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 18 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 18 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 18 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 18 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 18 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 18 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 18 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 18 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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