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US Federal Reserve

Gold eyes biggest weekly drop in nearly eight months

Gold prices hit a two-week low on Friday, set for their biggest weekly loss in nearly eight months, as interest rate...

Published 24 May, 2024 10:00am

Markets

Oil holds steady around three-month lows

LONDON: Oil prices were stable on Friday but poised to show a weekly loss under pressure from lingering concerns...

Updated 24 May, 2024 05:50pm

Markets

Gold prices drift lower on hawkish Fed minutes

Gold prices fell for a third straight session on Thursday after minutes from the most recent Federal Reserve meeting...

Published 23 May, 2024 10:29am

Markets

Dollar hovers near highest in a week after hawkish Fed minutes

TOKYO: The dollar hovered near a one-week high on Thursday following its best day this month against its major peers...

Published 23 May, 2024 09:50am

Markets

Oil slips for third day on likely ‘higher for longer’ US rates

LONDON: Oil prices fell on Wednesday, retreating for a third straight day on expectations that the Federal Reserve...

Updated 22 May, 2024 05:37pm

Markets

Most Gulf markets dip as oil prices tumble

DUBAI: Most stock markets in the Gulf ended lower on Tuesday as oil prices fell on expectations that lingering US...

Published 22 May, 2024 05:54am

Business & Finance

Progress in US inflation fight ‘has likely resumed’: Fed official

WASHINGTON: Progress in the US Federal Reserve’s fight against inflation “likely resumed” last month, a senior bank...

Published 21 May, 2024 06:32pm

Markets

Oil falls 1% as sticky US inflation weighs on demand at the pump

HOUSTON: Oil prices fell more than 1% on Tuesday as lingering U.S. inflation was poised to keep interest rates...

Updated 21 May, 2024 09:30pm

Business & Finance

US inflation fight will take ‘further time’: senior Fed official

WASHINGTON: The US Federal Reserve should keep interest rates at their current elevated levels for longer than...

Published 20 May, 2024 08:28pm

Business & Finance

Fed gets some good news on inflation progress

Federal Reserve policymakers waiting to see renewed progress on inflation before reducing borrowing costs got some...

Published 15 May, 2024 08:53pm

Markets

Euro zone bond yields lower before US CPI hurdle

LONDON: Germany’s 10-year bund yield was slightly lower on Wednesday but remained above 2.5% before key US consumer...

Published 15 May, 2024 12:27pm

Business & Finance

US Fed’s Powell expects inflation to fall, though not as confident as before

AMSTERDAM: Federal Reserve Chair Jerome Powell said on Tuesday he expects U.S. inflation to resume declining through...

Published 14 May, 2024 08:48pm

Business & Finance

US Fed vice chair says interest rates should remain on pause

WASHINGTON: The US central bank should keep interest rates at their current “restrictive” levels until it sees real...

Published 13 May, 2024 07:29pm

Markets

Oil slips on prospect of higher-for-longer US rates

NEW YORK: Oil prices fell by nearly $1 a barrel on Friday as comments from US central bank officials indicated...

Published 12 May, 2024 03:09am

Markets

Gold extends gains

BENGALURU: Gold prices climbed on Friday, en route to their best week in five, with zero-yield bullion building on...

Published 12 May, 2024 03:09am

Markets

STOXX 600 closes at record high on earnings, rate cut optimism

PARIS: Europe’s main stock index closed at a record high on Friday, on track for its biggest weekly gain since ...

Published 11 May, 2024 06:22am

Business & Finance

Asian currencies tepid, ringgit flat

BENGALURU: Most Asian currencies were heading for weekly declines on Friday, although largely unchanged, while ...

Published 11 May, 2024 06:22am

Markets

Gold set for weekly gain on US rate-cut hopes

Gold prices ticked up on Friday and were on track for a weekly gain, as recent economic data prompted traders to...

Published 10 May, 2024 10:30am

Markets

Copper retreats on rate cut uncertainty

LONDON: Copper prices retreated on Thursday on a potential delay in US interest rate cuts ahead of key inflation ...

Published 10 May, 2024 04:17am

Markets

Rupee records marginal decline against US dollar

Currency settles at 278.2 against the greenback in inter-bank market

Updated 09 May, 2024 09:29pm

Markets

Oil holds near one-week high on rising demand hopes after China, US data

NEW YORK: Oil prices held near a one-week high on Thursday as data from China and the U.S. that signalled demand in...

Updated 09 May, 2024 11:12pm

Business & Finance

Dollar gains on rate outlook

NEW YORK: The dollar gained on Wednesday as investors continued to bet on the US economy outperforming peers and was...

Published 09 May, 2024 03:11am

Markets

Gold gains on soft dollar, rate cut hopes

NEW YORK: Gold prices climbed more than 1 percent on Monday, as the US dollar weakened after softer-than-expected US...

Published 07 May, 2024 07:38am

Markets

Major Gulf bourses mixed in early trade

Major stock markets in the Gulf were mixed in early trade on Monday, amid higher oil prices and rising hopes for an...

Published 06 May, 2024 02:45pm

Markets

Dollar steady after soft US jobs report; yen starts week on back foot

SINGAPORE: The dollar was broadly steady on Monday as a soft US jobs report boosted wagers that the Federal Reserve...

Published 06 May, 2024 10:09am

Markets

Gulf markets end mixed; Qatar hits six-month low

DUBAI: Stock markets in the Gulf put in a mixed performance while the Qatari index hit a six-month low on Thursday...

Published 03 May, 2024 06:29am

Business & Finance

Yen slightly higher after suspected intervention

NEW YORK: The yen was slightly stronger on the day on Thursday after a sudden rally late on Wednesday that traders ...

Published 03 May, 2024 06:29am

Markets

Indian shares likely to open higher after Fed’s status quo, oil price fall

BENGALURU: Indian shares are set to open higher on Thursday, after the US Federal Reserve kept interest rates...

Published 02 May, 2024 10:06am

Markets

Japan’s Nikkei squeezes out modest gains as yen, Wall Street weigh

TOKYO: Japan’s Nikkei share average eked out meagre gains on Thursday, with the yen’s sudden appreciation and a...

Published 02 May, 2024 10:00am

Markets

Australian shares rangebound after Fed warns of rate cut delays; Woolworths slumps

Australian stocks traded in a tight range on Thursday after the US Federal Reserve warned of delays to interest rate...

Published 02 May, 2024 09:58am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 29	278.37
USD PKR Interbank Buying / May 29	278.16
USD to Japanese Yen / May 29	157.06
USD to Swiss Franc / May 29	0.91
Pound Sterling to USD / May 29	1.28
Euro to USD / May 29	1.09

Stock	Volume
S&P 500 / May 28	5306.04
Nasdaq / May 28	17019.88
FTSE 100 / May 28	8254.18
Dow Jones / May 28	38852.86
Germany DAX 30 / May 28	18677.87
France CAC40 / May 28	8057.80
India Sensex / May 29	74732.81
Tokyo Nikkei / May 29	38556.87

Item	Value
Petrol/Litre / May 29	273.10
Crude Oil USD/Barrel / May 29	80.19
Karachi Cotton PKR/37.32 KG / May 29	19935
Gold 10 Grams PKR / May 29	208076
Gold Spot USD/Ounce / May 29	2355.13
Diesel/Litre / May 29	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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