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US GDP

Fed seen hiking policy rate above 5% as hiring surges

The U.S. Federal Reserve is likely to need at least two more interest-rate hikes, lifting the benchmark rate to...

Published 03 Feb, 2023 09:14pm

World

Fed’s Powell says no rate cuts this year, and markets hear it differently

Federal Reserve Chair Jerome Powell had a clear message on Wednesday: as “gratifying” as it is that inflation has...

Published 02 Feb, 2023 04:28pm

World

US manufacturing sector sinks further in January

WASHINGTON: US manufacturing contracted further in January as higher interest rates stifled demand for goods, but...

Published 01 Feb, 2023 08:31pm

World

US house price inflation slows further in November

WASHINGTON: US single-family home price growth cooled further in November, surveys showed on Tuesday, which together...

Published 31 Jan, 2023 09:01pm

World

Fed’s words in focus as markets bet rate hikes will soon end

U.S. central bankers have unambiguously telegraphed this week’s policy decision: a quarter-of-a-percentage-point...

Published 30 Jan, 2023 04:56pm

World

US consumer spending falls; inflation cooling

WASHINGTON: US consumer spending fell in December, putting the economy on a lower growth path heading into 2023,...

Published 27 Jan, 2023 07:13pm

World

Fed seen raising rates twice more, then stopping, as inflation slows

Traders of futures tied to the Federal Reserve’s policy rate kept bets on Friday that the U.S. central bank will...

Published 27 Jan, 2023 07:09pm

World

US business activity still soft in early 2023, but outlook perks up

NEW YORK: US business activity contracted for the seventh straight month in January, though the downturn moderated...

Published 24 Jan, 2023 08:40pm

World

US existing home sales lowest since 2010; price growth slows

WASHINGTON: US existing home sales plunged to a 12-year low in December, but declining mortgage rates raised...

Published 20 Jan, 2023 08:26pm

World

US weekly jobless claims unexpectedly fall

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

Published 19 Jan, 2023 06:47pm

World

Fed seen stopping rate hikes shy of 5% as inflation slows

Easing inflation will allow the Federal Reserve to deliver just a quarter-point rise in interest rates at its next...

Published 12 Jan, 2023 08:12pm

World

US consumer prices fall in December; weekly jobless claims edge down

WASHINGTON: US consumer prices unexpectedly fell for the first time in more than 2-1/2 years in December amid...

Published 12 Jan, 2023 07:06pm

World

US wholesale inventories rise solidly in November; sales fall

WASHINGTON: US wholesale inventories increased strongly in November as sales declined amid higher borrowing costs,...

Published 10 Jan, 2023 08:32pm

World

US small-business sentiment skids to half-year low

US small-business confidence slid to a six-month low in December, according to a survey on Tuesday, which also...

Published 10 Jan, 2023 04:50pm

World

US construction spending rebounds in November

WASHINGTON: US construction spending unexpectedly rebounded in November, lifted by gains in nonresidential...

Published 03 Jan, 2023 08:41pm

World

US weekly jobless claims ticked higher last week

The number of Americans filing new claims for unemployment benefits edged higher last week but remain in a range...

Published 29 Dec, 2022 07:51pm

Business & Finance

US third quarter GDP revised up to 3.2pc with help from spending

WASHINGTON: The US economy expanded 3.2 percent in the third quarter, the Commerce Department said Thursday, in a...

Published 23 Dec, 2022 06:49am

World

US weekly jobless claims rise slightly; third-quarter GDP revised higher

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

Published 22 Dec, 2022 08:10pm

World

US existing home sales fall for 10th straight month in November

WASHINGTON: US existing home sales slumped to a 2-1/2 year low in November as the housing market continued to be...

Published 21 Dec, 2022 09:16pm

World

US current account deficit shrinks in third quarter

WASHINGTON: The US current account deficit narrowed sharply in the third quarter as exports jumped to a record high,...

Published 21 Dec, 2022 08:11pm

World

Recession, or recession-ish? Fed outlook for US walks a fine line

WASHINGTON: Like many economists, Vanguard’s Joe Davis thinks the United States will experience a recession in 2023,...

Published 16 Dec, 2022 04:40pm

World

US import prices fall for fifth straight month in November

WASHINGTON: US import prices fell for a fifth straight month in November, weighed down by decreases in the costs of...

Published 14 Dec, 2022 07:14pm

World

Biden: Inflation coming down, more work to be done

WASHINGTON: President Joe Biden said on Tuesday that inflation in the United States was coming down and things were...

Published 13 Dec, 2022 09:33pm

World

US consumer prices increase moderately in November

WASHINGTON: US consumer prices barely rose in November amid declines in the cost of gasoline and used cars, leading...

Published 13 Dec, 2022 06:54pm

World

US small-business sentiment rises in November

WASHINGTON: US small-business confidence rebounded in November, according to a survey on Tuesday, which also showed...

Published 13 Dec, 2022 04:51pm

World

US producer prices increase in November

WASHINGTON: US producer prices increased a bit more than expected in November, but the underlying trend in inflation...

Published 09 Dec, 2022 07:05pm

World

US weekly jobless claims rise; continuing claims at 10-month high

WASHINGTON: The number of Americans filing new claims for jobless benefits increased moderately last week, while...

Published 08 Dec, 2022 07:53pm

World

US factory orders beat expectations in October

WASHINGTON: New orders for US-manufactured goods increased more than expected in October amid strong gains in demand...

Published 05 Dec, 2022 09:22pm

World

US service sector activity picks up in November: ISM survey

WASHINGTON: US services industry activity unexpectedly picked up in November, with employment rebounding, offering...

Published 05 Dec, 2022 08:25pm

World

US manufacturing sector contracts in November

WASHINGTON: US manufacturing activity contracted for the first time in 2-1/2 years in November as higher borrowing...

Published 01 Dec, 2022 08:23pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 24	278.59
USD PKR Interbank Buying / Apr 24	278.39
USD to Japanese Yen / Apr 24	155.21
USD to Swiss Franc / Apr 24	0.91
Pound Sterling to USD / Apr 24	1.25
Euro to USD / Apr 24	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
India Sensex / Apr 24	73852.94
Tokyo Nikkei / Apr 24	38460.08
Nasdaq / Apr 24	15712.75
Hang Seng / Apr 24	17201.27
FTSE 100 / Apr 24	8040.38
Dow Jones / Apr 24	38460.92
Germany DAX 30 / Apr 24	18088.70

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Crude Oil USD/Barrel / Apr 24	82.83
Gold Spot USD/Ounce / Apr 24	2318.17
Cotton US¢/pound / Apr 24	81.01
Petrol/Litre / Apr 25	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 25 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 25 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 25 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 25 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 25 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 25 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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