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US interest rates

Financials lifts Indian shares; Fed minutes eyed

BENGALURU: Indian shares rose on Tuesday, led by a rebound in financials after a two-session losing run, while a...

Published 22 Nov, 2023 05:48am

Markets

Nasdaq leads Wall Street higher as Microsoft hits record high

NEW YORK/LONDON: The Nasdaq led gains among the main US stock indexes on Monday as Microsoft climbed on news that...

Published 21 Nov, 2023 06:01am

Markets

Gold retreats on Powell’s hawkish cues

BENGALURU: Gold fell on Friday and was bound for a second straight weekly drop on cooling safe-haven demand and...

Published 12 Nov, 2023 03:14am

Markets

Copper higher on hopes of peak Fed rates, weak dollar

LONDON: Copper prices edged higher on Thursday on hopes that the US Federal Reserve have stopped hiking rates, which...

Published 03 Nov, 2023 06:11am

World

Fed leaves rates unchanged, acknowledges economy is ‘strong’

WASHINGTON: The Federal Reserve held interest rates steady on Wednesday but left the door open to a further increase...

Published 01 Nov, 2023 11:18pm

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

Markets

Financials lead slides in Indian shares

BENGALURU: Indian shares declined on Wednesday as Bajaj Finance led a slide in financials after disappointing ...

Published 19 Oct, 2023 05:10am

Markets

Japan finance minister: No comment on IMF remarks on FX intervention

TOKYO: Japanese Finance Minister Shunichi Suzuki on Tuesday declined to comment on remarks by an International...

Published 17 Oct, 2023 10:06am

Markets

Gold up as it heads for best week since March

BENGALURU: Gold edged up on Friday and was set for its best week in seven months, deriving support from tensions in...

Published 15 Oct, 2023 03:19am

Markets

Copper extends losses on firm dollar

LONDON: Copper prices dipped on Friday as the dollar resumed gains on worries about high US interest rates and after...

Published 15 Oct, 2023 03:19am

Markets

Oil prices rise on expectations

NEW YORK: Oil prices rose on Thursday on expectations that US interest rates had peaked, but gains were capped by a...

Published 13 Oct, 2023 05:50am

Business & Finance

Dollar gains after US consumer prices rise

NEW YORK: The dollar strengthened on Thursday after US consumer prices rose more than expected in September on a...

Published 13 Oct, 2023 05:50am

Business & Finance

Sterling ticks higher as trader awaits US jobs data

LONDON: Sterling ticked a fraction higher against the dollar on Friday ahead of key US jobs data, while traders...

Published 09 Oct, 2023 06:24am

Markets

European shares fall 1pc as bond yields surge

PARIS: European shares sank to fresh six-month lows on Tuesday, dragged lower by rate-sensitive utilities and miners...

Published 04 Oct, 2023 06:20am

Markets

Gold at seven-month low

BENGALURU: Gold prices languished near a seven-month low on Tuesday, weighed down by a robust dollar and elevated...

Published 04 Oct, 2023 06:20am

Business & Finance

Asian currencies hit multi-month lows

BENGALURU: Asian emerging market currencies bore the brunt of a strong dollar on Tuesday, with most trading at...

Published 04 Oct, 2023 06:20am

Markets

Gold extends fall

BENGALURU: Gold extended its decline for a sixth straight session on Monday to hit a near seven-month trough, as a...

Published 03 Oct, 2023 06:02am

Markets

Japanese rubber gains

SINGAPORE: Japanese rubber futures rose for a second session on Monday, as a weaker yen supported the market,...

Published 03 Oct, 2023 06:02am

Business & Finance

Asian currencies: Thai baht, Indonesian rupiah lead declines

SINGAPORE: Thailand’s baht and Indonesian rupiah led falls among Asian emerging market currencies on Monday, as ...

Published 03 Oct, 2023 06:02am

World

Fed leaves rates unchanged, sees tighter policy through 2024

Financial markets had widely expected that the Fed would leave rates unchanged

Updated 20 Sep, 2023 11:58pm

Markets

Indian shares open flat amid concerns over China economy, US rates

BENGALURU: Indian shares opened little changed on Tuesday amid risk aversion due to persistent concerns over the...

Published 22 Aug, 2023 09:56am

Markets

Fed raises interest rates, leaves door open to another increase

WASHINGTON: The Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday, citing still...

Published 26 Jul, 2023 11:36pm

Business & Finance

Fed leaves rates steady, sees two small hikes by end of 2023

WASHINGTON: The Federal Reserve kept interest rates unchanged on Wednesday but signaled in new economic projections...

Published 15 Jun, 2023 06:03am

Markets

Fed holds rates steady, sees two small hikes by end of year

WASHINGTON: The Federal Reserve kept interest rates unchanged on Wednesday but signaled in new economic projections...

Published 14 Jun, 2023 11:26pm

Business & Finance

Dollar drops after Fed’s Powell hints at June pause

NEW YORK: The dollar fell on Friday after Federal Reserve Chair Jerome Powell struck a moderately dovish stance,...

Published 22 May, 2023 06:23am

Markets

Wall Street falls as PacWest woes fuel fresh selloff

NEW YORK: US stock indexes fell on Thursday after PacWest’s move to explore strategic options deepened concerns...

Published 05 May, 2023 06:44am

Business & Finance

Top Fed official sees rates rising and staying high

WASHINGTON: US interest rates are likely to rise further, and will need to remain high to effectively tackle...

Published 22 Apr, 2023 03:38am

Markets

Wall Street Week Ahead: Consumer stocks’ earnings may offer clues about US economy’s resilience

NEW YORK: Investors are awaiting earnings reports from consumer discretionary companies in coming weeks for a read ...

Published 17 Apr, 2023 06:41am

Business & Finance

Wells Fargo profit exceeds estimates as rising rates bolster income

NEW YORK: Wells Fargo & Co’s profit surpassed expectations for the first quarter on Friday as it earned more...

Published 17 Apr, 2023 06:41am

Business & Finance

Dollar edges up

NEW YORK: The dollar edged higher on Tuesday as traders set aside a fairly strong reading of consumer price data and...

Published 15 Mar, 2023 06:01am

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / Nov 29 Kohinoor Power Company Limited(KOHP)	5.88 ▲ 1.00 (20.49%)
Paramount Mod / Nov 29 First Paramount Modaraba(FPRM)	10.26 ▲ 1.00 (10.80%)
S.G.Power / Nov 29 S.G. Power Limited(SGPL)	5.17 ▲ 0.46 (9.77%)
Media Times Ltd / Nov 29 Media Times Limited(MDTL)	1.80 ▲ 0.14 (8.43%)
Service Textile / Nov 29 Service Industries Textiles Limited(SERT)	10.95 ▲ 0.84 (8.31%)
Arctic Textile / Nov 29 Arctic Textile Mills Limited(ARCTM)	14.84 ▲ 1.04 (7.54%)
Prosperity Weav / Nov 29 Prosperity Weaving Mills Limited(PRWM)	32.94 ▲ 2.30 (7.51%)
AKD Hospitality / Nov 29 AKD Hospitality Limited(AKDHL)	172.19 ▲ 12.01 (7.50%)
Atlas Honda Ltd / Nov 29 Atlas Honda Limited(ATLH)	347.23 ▲ 24.23 (7.50%)
Honda Atlas Cars / Nov 29 Honda Atlas Cars (Pakistan) Limited(HCAR)	230.34 ▲ 16.07 (7.50%)

Stock	Price
Tri-Star Mutual / Nov 29 Tri-Star Mutual Fund Limited(TSMF)	4.40 ▼ -0.85 (-16.19%)
Dewan Textile / Nov 29 Dewan Textile Mills Limited(DWTM)	3.55 ▼ -0.60 (-14.46%)
Bawany Air Products / Nov 29 Bawany Air Products Limited(BAPL)	9.01 ▼ -0.97 (-9.72%)
Pak Gulf Leasing / Nov 29 Pak-Gulf Leasing Company Limited(PGLC)	6.85 ▼ -0.65 (-8.67%)
J.A.Textile / Nov 29 J.A. Textile Mills Limited(JATM)	46.29 ▼ -3.75 (-7.49%)
Metro Steel / Nov 29 Metropolitan Steel Corporation Limited(MSCL)	23.10 ▼ -1.87 (-7.49%)
Imperial Limited / Nov 29 Imperial Limited(IML)	13.90 ▼ -1.10 (-7.33%)
Sardar Chemical / Nov 29 Sardar Chemical Industries Limited(SARC)	25.80 ▼ -2.00 (-7.19%)
Asim Textile / Nov 29 Asim Textile Mills Limited(ASTM)	13 ▼ -1.00 (-7.14%)
Saritow Spinning / Nov 29 Saritow Spinning Mills Limited(SSML)	6.42 ▼ -0.45 (-6.55%)

Stock	Volume
Kohinoor Spining / Nov 29 Kohinoor Spinning Mills Limited(KOSM)	79,242,500 ▼ -0.01
WorldCall Telecom / Nov 29 Worldcall Telecom Limited(WTL)	57,449,984 ▼ -0.01
B.O.Punjab / Nov 29 The Bank of Punjab(BOP)	44,327,667 ▲ 0.18
Cnergyico PK / Nov 29 Cnergyico PK Limited(CNERGY)	31,321,478 ▼ -0.05
Treet Corp. (R) / Nov 29 Treet Corporation Limited (R)(TREETR2)	27,240,170 ▼ -0.01
Pak Refinery / Nov 29 Pakistan Refinery Limited(PRL)	24,298,855 ▼ -0.05
Ghani Chem. Ind. / Nov 29 Ghani Chemical Industries Limited(GCIL)	15,398,500 ▼ -0.44
TPL Properties / Nov 29 TPL Properties Limited(TPLP)	14,283,958 ▼ -0.19
Oil & Gas Dev. / Nov 29 Oil & Gas Development Company Limited(OGDC)	12,904,027 ▼ -0.78
The Searle Co. / Nov 29 The Searle Company Limited(SEARL)	12,454,526 ▼ -1.05

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 29	285.52
USD PKR Interbank Buying / Nov 29	285.02
USD to Japanese Yen / Nov 29	147.23
USD to Swiss Franc / Nov 29	0.88
Pound Sterling to USD / Nov 29	1.27
Euro to USD / Nov 29	1.10
UK LIBOR % / Nov 28	5.46

Stock	Volume
S&P 500 / Nov 28	4554.89
Nasdaq / Nov 28	14281.76
Dow Jones / Nov 28	35416.98
India Sensex / Nov 29	66637.46
Tokyo Nikkei / Nov 29	33302.60
Hang Seng / Nov 29	16952.85
FTSE 100 / Nov 29	7431.46
Germany DAX 30 / Nov 29	16036.43
France CAC40 / Nov 29	7246.91

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 28	17735
Gold 10 Grams PKR / Nov 28	185614
Crude Oil USD/Barrel / Nov 29	76.48
Gold Spot USD/Ounce / Nov 29	2043.84
Cotton US¢/pound / Nov 29	79.36

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