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Wall Street

Wall St Week Ahead-Investors brace for pivotal July after dismal first half

NEW YORK: The US stock market is reeling from its worst first half of any year since 1970, with investors girding...

Published 03 Jul, 2022 07:41pm

Markets

Wall St begins second-half with losses on growth worries

Wall Street started the second half of the year on a dull note on Friday as investors worried over the risks to...

Published 01 Jul, 2022 08:00pm

Business & Finance

S&P 500 wobbles to the end of its worst first-half since 1970

NEW YORK: Wall Street slid into the finish line of a dismal month and quarter on Thursday as a continued sell-off...

Updated 01 Jul, 2022 09:27am

Markets

Wall St slides, Dow set for worst first-half since 1962

US stocks slipped on Thursday, setting the Dow up for its worst first six months since 1962, on concerns that a...

Updated 30 Jun, 2022 10:24pm

Opinion

Say hello to the bullwhip effect

Wall Street knows better than to look the other way when Michael Burry, of the “Big Short” fame, casts doubts on...

Published 30 Jun, 2022 06:07am

Markets

Sharp rate hike bets keep Wall Street subdued, Goldman lifts Dow

The S&P 500 and the Nasdaq were flat in volatile trading on Wednesday on worries over faster interest rate hikes...

Published 29 Jun, 2022 08:18pm

Markets

Dow, S&P boosted by banks; cautious on consumer confidence data

NEW YORK: Bank shares boosted the Dow Jones and the S&P 500 indexes on Tuesday as the big four lenders raised...

Published 29 Jun, 2022 05:44am

Markets

Wall St tumbles as weak consumer confidence stokes growth worries

Wall Street's main indexes tumbled in midday trading on Tuesday as a sharp drop in consumer confidence brought to ...

Published 28 Jun, 2022 10:48pm

Markets

Wall Street sheds opening gains on losses in high-growth stocks

Wall Street’s main indexes fell after opening higher on Monday, as a rally last week on easing concerns over...

Published 27 Jun, 2022 08:10pm

Markets

Wall Street climbs over 2% at end of strong week

Wall Street's main indexes jumped more than 2% on Friday as signs of slowing economic growth and a recent pullback ...

Published 25 Jun, 2022 12:15am

Markets

Wall St rallies as traders dial back rate-hike bets

Wall Street’s main indexes rose over 1% on Friday as signs of slowing economic growth and falling commodity prices...

Published 24 Jun, 2022 07:25pm

Markets

US stocks retreat as Powell cautions on inflation

NEW YORK: Wall Street stocks fell early Wednesday, giving back some of the prior session’s gains as markets awaited...

Published 22 Jun, 2022 08:13pm

Markets

Wall Street bounces as growth, energy stocks jump

U.S. stock indexes climbed on Tuesday as investors returned from a long weekend to scoop up shares of megacap growth...

Published 21 Jun, 2022 09:01pm

Business & Finance

C$ edges off 19-month low

TORONTO: The Canadian dollar strengthened against its US counterpart on Monday as the recent selloff in...

Published 21 Jun, 2022 05:51am

Markets

Wall Street Week Ahead: Cloudy valuations give investors pause in buying beaten-up US stocks

NEW YORK: Whipsawing bond yields, surging oil prices and a Federal Reserve bent on squashing the worst inflation in...

Published 20 Jun, 2022 05:51am

Markets

Wall Street sinks as recession fears ripple through markets

NEW YORK: US stock indexes tumbled on Thursday, with high-profile tech shares leading the rout, after the Federal...

Published 17 Jun, 2022 06:37am

Markets

Wall Street slammed as recession worries mount

U.S. stock indexes tumbled on Thursday, with growth shares bearing the brunt of the selloff, after the Federal...

Published 16 Jun, 2022 08:41pm

Markets

Wall Street slips heading into Fed’s big rate decision

NEW YORK: US stocks on Tuesday extended losses from a bruising previous session in which the S&P 500 confirmed a...

Published 15 Jun, 2022 05:47am

Markets

Wall St Week Ahead: Dashed peak inflation hopes spell more pain for stocks and bonds

NEW YORK: Blistering inflation is threatening to re-ignite twin declines in US stocks and bonds, leaving investors...

Published 13 Jun, 2022 06:19am

Markets

Wall Street unnerved as hot inflation sparks fears of more combative Fed policy

NEW YORK: US stock indexes slid on Friday as consumer prices rose more than expected in May, dashing hopes that...

Published 11 Jun, 2022 06:08am

Markets

US stocks churn on mixed labor data, OPEC meeting

NEW YORK: Wall Street stocks were little changed early Thursday following mixed labor data and a Microsoft earnings...

Published 02 Jun, 2022 07:03pm

Markets

Wells Fargo CEO sees $1 billion opportunity in growing investment bank

NEW YORK: Wells Fargo & Co’s Chief Executive Officer Charlie Scharf said Wednesday he wants to grow Wells’...

Published 01 Jun, 2022 08:53pm

Markets

US stocks open trading week back in the red

NEW YORK: Wall Street stocks retreated early Tuesday, threatening last week’s positive momentum ahead of key reports...

Published 31 May, 2022 07:01pm

Markets

Asian markets track Wall St higher, tech leads Hong Kong rally

HONG KONG: Asian markets climbed Friday following a strong performance on Wall Street, with Hong Kong leading the...

Published 27 May, 2022 09:43am

Markets

Wall Street climbs 1% on upbeat results, Fed relief

U.S. stock indexes climbed on Thursday after upbeat annual forecasts from several retailers, while data confirmed...

Published 26 May, 2022 08:13pm

Markets

Wall Street retreats as economic data, weak outlooks fuel recession jitters

NEW YORK: Wall Street veered lower on Tuesday as fears over whether attempts to curb decades-high inflation growth...

Published 25 May, 2022 12:01am

Markets

Battered US stocks begin week higher

NEW YORK: Wall Street stocks bounced early Monday, boosted by hints the United States could end some tariffs on...

Published 23 May, 2022 07:30pm

Markets

Losses on Wall Street deepen, Dow -2.3%, Nasdaq -3.0%

NEW YORK: Wall Street stocks were back in the red Wednesday, with poor results from retailer Target underscoring...

Updated 18 May, 2022 09:40pm

Markets

Japan’s Nikkei hits highest in nearly 2 weeks after Wall Street’s jump

TOKYO: Japan’s Nikkei rose on Wednesday to its highest in nearly two weeks, with technology heavyweights leading the...

Published 18 May, 2022 10:12am

Markets

Wall Street climbs on gains in banks, strong retail sales data

NEW YORK: US stocks rose on Tuesday, as Citigroup led a surge in bank shares after Berkshire Hathaway revealed a big...

Published 18 May, 2022 05:54am

Gainers
Losers
Leaders

Stock	Price
First Fidelity Leas. / Jul 5 First Fidelity Leasing Modaraba(FFLM)	3.40 ▲ 0.79 (30.27%)
Popular Islamic / Jul 5 Popular Islamic Modaraba(PIM)	8.37 ▲ 1.00 (13.57%)
Tri-Star Power / Jul 5 Tri-Star Power Limited(TSPL)	3.75 ▲ 0.40 (11.94%)
Reliance Ins. / Jul 5 Reliance Insurance Company Limited(RICL)	7.10 ▲ 0.56 (8.56%)
AKD Hospitality / Jul 5 AKD Hospitality Limited(AKDHL)	177.04 ▲ 12.35 (7.50%)
Allawasaya Tex / Jul 5 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1639.82 ▲ 114.40 (7.50%)
Sanofi-Aventis / Jul 5 Sanofi-Aventis Pakistan Limited(SAPL)	1327.20 ▲ 92.59 (7.50%)
Crescent Steel / Jul 5 Crescent Steel & Allied Products Limited(CSAP)	46.34 ▲ 3.23 (7.49%)
Feroze 1888 / Jul 5 Feroze1888 Mills Limited(FML)	74.64 ▲ 5.20 (7.49%)
Shahmurad Sugar / Jul 5 Shahmurad Sugar Mills Limited(SHSML)	94.38 ▲ 6.58 (7.49%)

Stock	Price
Shaheen Ins. / Jul 5 Shaheen Insurance Company Limited(SHNI)	3.00 ▲ -0.60 (-16.67%)
Pak Gen.Ins. / Jul 5 The Pakistan General Insurance Co. Ltd.(PKGI)	9.80 ▲ -0.80 (-7.55%)
Bhanero Tex. / Jul 5 Bhanero Textile Mills Limited(BHAT)	1355.13 ▲ -109.87 (-7.50%)
K.S.B.Pumps / Jul 5 KSB Pumps Company Limited(KSBP)	141.34 ▲ -11.46 (-7.50%)
Punjab Oil / Jul 5 Punjab Oil Mills Limited(POML)	172.97 ▲ -14.02 (-7.50%)
Tandlianwala Sugar / Jul 5 Tandlianwala Sugar Mills Limited(TSML)	123.95 ▲ -10.05 (-7.50%)
Zahid Jee Tex. / Jul 5 Zahidjee Textile Mills Limited(ZAHID)	24.79 ▲ -2.01 (-7.50%)
Universal Network / Jul 5 Universal Network Systems Limited(GEMUNSL)	45.70 ▲ -3.70 (-7.49%)
J.K.Spinning / Jul 5 J.K. Spinning Mills Limited(JKSM)	51.74 ▲ -4.19 (-7.49%)
Shams Textile / Jul 5 Shams Textile Mills Limited(STML)	43.85 ▲ -3.55 (-7.49%)

Stock	Volume
WorldCall Telecom / Jul 5 Worldcall Telecom Limited(WTL)	4,258,500 ▼ 0.00
Maple Leaf / Jul 5 Maple Leaf Cement Factory Limited(MLCF)	3,838,466 ▼ 0.00
Pak Refinery / Jul 5 Pakistan Refinery Limited(PRL)	2,512,254 ▼ 0.00
Sui North Gas / Jul 5 Sui Northern Gas Pipelines Limited(SNGP)	2,274,415 ▼ 0.00
TPL Properties / Jul 5 TPL Properties Limited(TPLP)	2,174,156 ▼ 0.00
G3 Technologies / Jul 5 G3 Technologies Limited(GTECH)	2,007,500 ▼ 0.00
Azgard Nine / Jul 5 Azgard Nine Limited(ANL)	1,850,000 ▼ 0.00
Engro Polymer / Jul 5 Engro Polymer & Chemicals Limited(EPCL)	1,677,518 ▼ 0.00
Silk Bank Ltd / Jul 5 Silkbank Limited(SILK)	1,507,500 ▼ 0.00
Fauji Cement / Jul 5 Fauji Cement Company Limited(FCCL)	1,257,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 4	205.00
USD PKR Interbank Buying / Jul 4	204.80
USD to Japanese Yen / Jul 4	135.87
USD to Swiss Franc / Jul 4	0.96
Pound Sterling to USD / Jul 4	1.29
Euro to USD / Jul 4	1.04
UK LIBOR % / Jul 4	1.57

Stock	Volume
S&P 500 / Jul 4	3825.33
India Sensex / Jul 4	53234.77
Tokyo Nikkei / Jul 4	26153.81
Nasdaq / Jul 4	11127.84
Hang Seng / Jul 4	21830.35
FTSE 100 / Jul 4	7232.65
Dow Jones / Jul 4	31097.26
Germany DAX 30 / Jul 4	12773.38
France CAC40 / Jul 4	5954.65

Item	Value
Crude Oil USD/Barrel / Jul 4	110.43
Karachi Cotton PKR/37.32 KG / Jul 4	16880.00
Gold 10 Grams PKR / Jul 4	118900.00
Gold Spot USD/Ounce / Jul 4	1809.29
Cotton US¢/pound / Jul 4	97.48

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