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USA GDP

Slowdown or not? US job market walking a tight rope

WASHINGTON: The number of “Help Wanted” signs may have decreased across the United States in August, but the job...

Published 02 Sep, 2022 10:09am

World

Revisions confirm steep decline in US productivity in second quarter

WASHINGTON: US worker productivity plunged in the second quarter, leading to the largest year-on-year decline on...

Published 01 Sep, 2022 06:25pm

World

Fed’s Mester: interest rates need to rise ‘somewhat above’ 4%

The U.S. Federal Reserve will need to raise interest rates somewhat above 4% by early next year and then hold them...

Published 31 Aug, 2022 05:43pm

World

US job openings rise in July; vacancies revised higher

WASHINGTON: US job openings increased in July, showing no signs that demand for labor was slowing, which could keep...

Published 30 Aug, 2022 08:40pm

World

Fed could ‘dial back’ 75-basis-point hikes if inflation slows, Bostic says

WASHINGTON: The Federal Reserve could have reason to ‘dial back’ from its 75-basis-point interest rate hikes if new...

Published 30 Aug, 2022 08:28pm

World

US consumer spending misses expectation in July; inflation slows

WASHINGTON: US consumer spending barely rose in July, but inflation eased considerably, which could give the Federal...

Published 26 Aug, 2022 07:11pm

World

Fed officials say no call yet on 50 vs 75 bps rate hike in September

JACKSON: U.S. Federal Reserve officials on Thursday were noncommittal about the size of the interest rate increase...

Published 25 Aug, 2022 07:02pm

World

Revision shows mild U.S. economic contraction in second quarter

WASHINGTON: The U.S. economy contracted at a moderate pace than initially thought in the second quarter as consumer...

Published 25 Aug, 2022 06:11pm

World

US job growth beats expectations; unemployment rate steady at 3.6%

WASHINGTON: US employment increased more than expected in May, while the unemployment rate held steady at 3.6%,...

Published 03 Jun, 2022 05:46pm

World

U.S. labor market stays strong; unemployment rolls smallest since 1969

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

Published 02 Jun, 2022 09:20pm

World

US consumer confidence edges down in May; house prices soar in March

WASHINGTON: US consumer confidence eased modestly in May as persistently high inflation and rising interest rates...

Published 31 May, 2022 09:44pm

Markets

US consumer spending beats expectations in April; inflation likely peaked

WASHINGTON: US consumer spending rose more than expected in April, while annual inflation appeared to have peaked,...

Published 27 May, 2022 05:59pm

Markets

US weekly jobless claims fall; corporate profits sag in first quarter

WASHINGTON: The number of Americans filing new claims for unemployment benefits fell more than expected last week as...

Published 26 May, 2022 07:04pm

Markets

US business spending on equipment shows signs of slowing in April

WASHINGTON: New orders for US-made capital goods rose less than expected in April, pointing to some moderation in...

Published 25 May, 2022 06:32pm

World

U.S. new home sales hit two-year low; prices surge

WASHINGTON: Sales of new U.S. single-family homes tumbled to a two-year low in April likely as higher mortgage rates...

Published 24 May, 2022 08:33pm

World

US business activity slows in May, survey shows

WASHINGTON: US business activity slowed moderately in May as higher prices cooled demand for services while renewed...

Published 24 May, 2022 06:52pm

World

Big Fed rate hikes ahead, amid early signs hot inflation is peaking

US Federal Reserve policymakers look set to deliver a series of aggressive interest rate hikes at least until the...

Published 29 Apr, 2022 08:57pm

World

US consumer spending accelerates; wage inflation rising

WASHINGTON: US consumer spending rose more than expected in March amid strong demand for services, while monthly...

Published 29 Apr, 2022 07:29pm

World

US economy unexpectedly contracts in first quarter

WASHINGTON: US economic growth unexpectedly contracted in the first quarter as a resurgence in COVID-19 cases...

Published 28 Apr, 2022 08:20pm

World

US Treasury’s Yellen calls for better automatic stabilizers to fight recessions

WASHINGTON: US Treasury Secretary Janet Yellen on Thursday called for a modernization of the US unemployment...

Published 28 Apr, 2022 07:56pm

World

US existing home sales fall; house prices hit record high

WASHINGTON: US home sales fell more than expected in March as house prices hit a record high despite some...

Published 20 Apr, 2022 07:34pm

World

Home prices seen rising, renters see purchase prospects fade: NY Fed survey

U.S. households expect home prices and rents to rise sharply this year, and while growth in both are then seen...

Published 18 Apr, 2022 09:20pm

World

US consumer mood brightens in early April, survey shows

US consumer sentiment rebounded unexpectedly in early April from a decade low with the strong job market lifting the...

Published 14 Apr, 2022 08:25pm

World

US mortgage interest rates top 5%, buyers look to lock in rates

The average interest rate on the most popular US home loan rose to more than 5% last week, the highest level since...

Published 13 Apr, 2022 08:19pm

World

Goods, services drive U.S. producer prices higher

WASHINGTON: U.S. monthly producer prices increased by the most in more than 12 years in March amid strong demand for...

Published 13 Apr, 2022 08:08pm

Markets

US consumer prices increase most in 16-1/2 years in March

In the 12 months through March, the CPI accelerated 8.5%, the largest year-on-year gain since December 1981

Published 12 Apr, 2022 05:57pm

Markets

US retail sales increase moderately in February

WASHINGTON: US retail sales rose moderately in February as more expensive gasoline and food forced households to cut...

Published 16 Mar, 2022 06:28pm

World

US producer prices increase strongly in February

WASHINGTON: US producer prices rose solidly in February, and further gains are likely amid higher prices of crude...

Published 15 Mar, 2022 06:28pm

Markets

US consumer prices accelerate in February; weekly jobless claims rise

WASHINGTON: US consumer prices surged in February, culminating in the largest annual increase in 40 years, and...

Published 10 Mar, 2022 06:58pm

World

US rate futures lift chances of 50 bps hike in March after strong CPI data

NEW YORK: Federal funds rate futures on Thursday have increased the chances of a half percentage-point tightening by...

Published 10 Feb, 2022 09:26pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	156.17
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 25	5048.42
Nasdaq / Apr 25	15611.76
Dow Jones / Apr 25	38085.80
India Sensex / Apr 26	74171.68
Tokyo Nikkei / Apr 26	37934.72
Hang Seng / Apr 26	17626.75
FTSE 100 / Apr 26	8123.98
Germany DAX 30 / Apr 26	18016.27

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 25	20535
Gold 10 Grams PKR / Apr 25	240900
Petrol/Litre / Apr 26	293.94
Crude Oil USD/Barrel / Apr 26	83.89
Gold Spot USD/Ounce / Apr 26	2336.33
Diesel/Litre / Apr 26	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 26 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 26 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 26 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 26 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 26 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 26 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 26 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 26 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 26 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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