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US interest rates

Gold set for seventh monthly loss; Fed meeting in focus

Gold prices were flat on Monday and headed for a seventh straight monthly loss, pressured by oversized US interest...

Published 31 Oct, 2022 12:11pm

Opinion

Debt rescheduling challenge

The country is going through a very difficult balance of payment (BoP) situation. The core of the problem is growing...

Published 31 Oct, 2022 06:23am

Opinion

As US Treasuries tumble, some investors say turning point is near

Some investors believe Treasury yields are close to peaking, even as markets continue pricing in more hawkishness...

Published 22 Oct, 2022 05:42am

Markets

Gold choppy

NEW YORK: Gold wobbled near a one-week low on Tuesday, with price moves restrained as investors sat tight before a...

Published 12 Oct, 2022 05:46am

Markets

Copper firms

LONDON: Copper prices rose on Monday but Chinese-led demand fears, expectations of further increases to US interest...

Published 11 Oct, 2022 05:54am

Markets

Yields rise as Fed officials vow to fight hot inflation

NEW YORK: Treasury yields rose on Friday in a volatile week rocked by a Bank of England intervention that sent bond...

Published 03 Oct, 2022 05:52am

Opinion

Embattled emerging markets face fresh pain from US rate hikes

The prospect of US interest rates climbing to levels last seen in the run-up to the global financial crisis has cast...

Published 28 Sep, 2022 05:51am

Markets

Gold steadies near 2.5-year low

NEW YORK: Gold prices edged up from a 2-1/2-year low on Monday as the dollar pulled back slightly from its ...

Published 27 Sep, 2022 04:06am

Markets

Stocks recover before US rate hike

LONDON: European stock markets recovered from initial falls Wednesday, as traders awaited another hefty US interest...

Updated 21 Sep, 2022 05:17pm

Markets

Aluminium slides on strong dollar and demand outlook

LONDON: Aluminium prices dropped to a 17-month low on Wednesday and most other base metals lost ground as faltering...

Published 08 Sep, 2022 05:43am

Markets

Yen sinks to new 24-year low against dollar

LONDON: The yen plunged to a new 24-year low against the dollar on Thursday as Japan sticks with its long-standing...

Updated 01 Sep, 2022 09:02pm

Oil prices sink $2/bbl on possible Iran oil exports, rising interest rates

NEW YORK: Oil prices slumped by about $2 a barrel on Thursday in volatile trade as investors braced for the possible...

Published 26 Aug, 2022 05:35am

Markets

FTSE 100 ends down as GSK slumps

LONDON: Britain’s main stock indexes closed lower on Thursday, with the blue-chip FTSE 100 hit by a slump in...

Published 12 Aug, 2022 05:44am

Markets

S&P 500, Nasdaq retreat despite signs of slowing inflation

NEW YORK: The S&P 500 and Nasdaq retreated on Thursday despite fresh evidence of inflation cooling further on ...

Published 12 Aug, 2022 05:44am

Fed unveils 75-basis-point rate hike

Move aimed at cooling down most intense breakout of inflation since the 1980s

Updated 28 Jul, 2022 10:56am

Markets

Gold attempts rebound as dollar stalls ascent

LONDON: Gold rose on Thursday as a pause in the dollar’s rally encouraged some investors to snap up bargains after...

Published 08 Jul, 2022 05:36am

Markets

Toxic cocktail darkens outlook for British pound

LONDON: A toxic cocktail of sluggish growth and high inflation, plus Brexit and fallout from the coronavirus...

Published 10 Jun, 2022 10:33am

Markets

Gold hits 2-week low amid rising US yields, dollar

LONDON: Gold prices slid to a two-week low on Wednesday on a stronger dollar and US Treasury yields amid renewed...

Published 02 Jun, 2022 06:19am

Business & Finance

Australian dollar on a high after once-in-a-decade rally

SYDNEY: The Australian and New Zealand dollars held huge gains on Thursday after markets scaled back wagers for...

Published 06 May, 2022 05:03am

Markets

Earnings optimism helps Wall Street shrug off rising yields

NEW YORK: US stocks rose on Tuesday even in the face of surging Treasury yields as a positive earnings reports ...

Published 20 Apr, 2022 05:12am

Markets

Playing catch-up, zloty set to gain the most in CEE

PRAGUE: The Polish zloty should lead gains among central European currencies over the next 12 months as it plays...

Published 03 Feb, 2022 01:14pm

Business & Finance

Dollar poised for biggest weekly rise in 7 months on rate bets

NEW YORK/LONDON: The dollar consolidated gains on Friday and was on track for its biggest weekly rise in seven ...

Published 29 Jan, 2022 06:05am

Fed flags rate hike ‘soon,’ plans for ‘significantly reducing’ balance sheet

WASHINGTON: The Federal Reserve on Wednesday signaled it is likely to raise US interest rates in March and ...

Updated 27 Jan, 2022 09:37am

Markets

Gold tip-toes up on inflation risks

LONDON: Gold prices ticked higher on Monday despite US 10-year Treasury yields hitting a two-year high, as traders...

Published 11 Jan, 2022 06:33am

Markets

Most Gulf bourses in red, tracking oil, Asian shares

Major Gulf bourses fell in early trade on Thursday, in line with oil prices and Asian shares, on worries over higher...

Published 06 Jan, 2022 02:54pm

Markets

US bonds sell-off extends as Fed flags earlier start to rate hikes

SYDNEY: Treasury yields edged higher along the curve on Thursday, as traders narrowed the odds on an early hike in ...

Updated 06 Jan, 2022 11:46am

Opinion

In Japan, a weaker yen may not be the blessing it once was

A weak yen, once seen as favourable for Japan’s exports-focused economy, has now become a pain point as it eats...

Published 27 Nov, 2021 05:08am

Markets

Gold dips below $1,800 in Europe

LONDON: Gold eased below $1,800 on Tuesday as the dollar hit 16-month highs and Treasury yields firmed, with...

Published 24 Nov, 2021 05:18am

Business & Finance

Dollar gains, euro recovers on better than expected data

NEW YORK: The dollar index held near 16-month highs on Tuesday after Federal Reserve Chair Jerome Powell was picked...

Published 24 Nov, 2021 05:18am

Markets

PKR records gains

KARACHI: During five days of trading last week, PKR recorded gains for first three days and recorded losses in last...

Published 22 Nov, 2021 05:31am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 30	278.40
USD PKR Interbank Buying / Apr 30	278.20
USD to Japanese Yen / May 1	155.98
USD to Swiss Franc / May 1	0.92
Pound Sterling to USD / May 1	1.25
Euro to USD / May 1	1.07

Stock	Volume
S&P 500 / May 1	5018.39
India Sensex / May 1	74482.78
Tokyo Nikkei / May 1	38093.34
Nasdaq / May 1	15605.48
Hang Seng / May 1	17763.03
FTSE 100 / May 1	8121.24
Dow Jones / May 1	37903.29
Germany DAX 30 / May 1	17932.17

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 30	20535
Gold 10 Grams PKR / Apr 30	207390
Crude Oil USD/Barrel / May 1	79.18
Gold Spot USD/Ounce / May 1	2324.96
Cotton US¢/pound / May 1	76.51
Petrol/Litre / May 2	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 2 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 2 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 2 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 2 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 2 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 2 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 2 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 2 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 2 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 2 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 2 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 2 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 2 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 2 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 2 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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