Trends - Wall Street - Business Recorder

Wall Street

S&P 500, Dow drop as big banks fall after results

JPMorgan dips despite posting jump in profit.
Citigroup, Wells Fargo slip after results.
Walmart drops as head of e-commerce to retire.
Retail sales fall again in December.
Indexes: Dow down 0.36%, S&P slips 0.26%, Nasdaq up 0.12%.

Published 15 Jan, 2021 08:29pm

Markets

Wall St Week Ahead-Earnings season to test surge in regional banks stocks

The large banks with the large customers are in better shape across the board" because of their greater access to credit markets and investment banking income.
Regional banks, including Zions Bancorp, First Midwest Bancorp and United Community Banks Inc , are expected to report their quarterly results on Tuesday.

Published 15 Jan, 2021 05:17pm

Markets

Asia shares edge higher as Biden unveils $1.9 trln US stimulus plan

Oil prices, which had risen on a weak dollar and strong Chinese import data, were mixed by midday in Asia as COVID-19 concerns in China hit sentiment.

Published 15 Jan, 2021 10:23am

Markets

Tokyo stocks lower with eyes on fresh US stimulus

In Tokyo, Canon rallied 5.83 percent to 2,195.5 yen after it revised up forecasts for full-year operating profit.

Published 15 Jan, 2021 09:38am

Markets

Stocks climb in anticipation of US stimulus plan, yields up slightly

Dow, Nasdaq hit record highs in early New York trading.
US bond yields, dollar slightly higher.
Biden to unveil stimulus proposal.

Published 14 Jan, 2021 09:38pm

Markets

Stocks rise with Biden stimulus in focus

Wall Street's main indices rose as trading got underway, with the Dow adding 0.3 percent.

Published 14 Jan, 2021 08:22pm

Markets

Australia shares stand pat ahead of US stimulus plan, earnings

Advancers outnumbered decliners on the ASX by 635 to 496, a 1.3-to-1 ratio. There were 65 new highs and 38 new lows.

Published 14 Jan, 2021 12:35pm

Markets

Stocks rise, U.S. yield falls; demand weighs on oil

Consumer prices are expected to run hotter in a couple of months when March and April of 2020, which saw very low inflation, fall off the yearly reading.

Published 13 Jan, 2021 11:33pm

Markets

Stocks steady as traders eye historic impeachment bid

Wall Street opened with the Dow flat and the S&P 500 and Nasdaq Composite drifting higher.

Updated 13 Jan, 2021 11:18pm

Markets

Australia shares flat as markets eye stimulus, earnings

The ASX 300 metals and mining index rose 1%, led by Iluka Resources, up 5.3%, followed by MACA Ltd , up 4.5?%.

Published 13 Jan, 2021 11:41am

Markets

Wall St edges higher with eyes on earnings season; GM soars

Five of the 11 major S&P sectors were trading higher with energy stocks gaining about 3pc, tracking higher crude prices.

Published 13 Jan, 2021 12:28am

Business & Finance

U.S. yields climb further, Brent at 11-month high

The 10-year U.S. yield touched its highest going back to March as prices were pressured ahead of a $38 billion offering later from the Treasury.

Published 13 Jan, 2021 12:00am

Markets

Wall St ends lower with Washington turmoil, earnings in view

"After last week the market is in a little bit of a digestion phase. Underneath the surface what you're seeing continue is the reflation trade," said Lerner.

Published 12 Jan, 2021 02:52am

Markets

Australia shares likely to track Wall Street higher on stimulus hopes

The local share price index futures rose 1.5%, a 34.9-point premium to the underlying S&P/ASX 200 index close.

Published 07 Jan, 2021 04:23am

Markets

Wall Street surges

NEW YORK: Shares on Wall Street ended higher on Tuesday in choppy trading, as investors took advantage of the...

Published 07 Jan, 2021 03:15am

Markets

Asian markets drift as Georgia runoffs take spotlight

Oil prices extended gains after soaring nearly five percent Tuesday on news that Saudi Arabia had offered to cut output by a million barrels in both February and March.

Published 06 Jan, 2021 10:26am

Markets

Wall Street closes higher; focus on Georgia election outcome

Energy stocks jumped 4.5pc on the back of higher oil prices, while healthcare and materials hit fresh record highs.

Published 06 Jan, 2021 03:50am

Markets

Stocks fight for ground ahead of Georgia Senate runoff

World shares pull back from record high.
Georgia Senate runoff seen as political risk.
Yuan lifted by PBOC fixing.
State of emergency weighs on Tokyo shares.
Oil hit by delay on output decision.

Published 05 Jan, 2021 05:29pm

Markets

Hong Kong stocks down at lunch

The Hang Seng Index slipped 0.31 percent, or 83.85 points, to 27,388.96.

Published 05 Jan, 2021 12:06pm

Markets

Australia shares seen lower, tracking weaker Wall Street

New Zealand's benchmark S&P/NZX 50 index rose 0.9%.

Published 05 Jan, 2021 11:12am

Markets

Australia shares track Wall Street lower as virus clusters expand

Ramelius Resources was among the top percentage gainers in the benchmark index, up 5.4% after the gold explorer provided a production update.

Published 05 Jan, 2021 10:37am

Markets

South Korea stocks pull back from record high, tracking Wall Street

The country's president said the government will take more measures to stabilise the housing market and to support those vulnerable to job insecurity.

Published 05 Jan, 2021 09:59am

Markets

Tesla hits record high in first trading session of 2021

The company on Saturday beat Wall Street targets for annual vehicle deliveries.
We are raising our forecasts to reflect higher 4Q deliveries and reports of strong demand for the Model Y in China.

Updated 04 Jan, 2021 08:08pm

Markets

Wall Street set to wind up pandemic year with gains

The S&P 500 has climbed almost 70pc from its March low, putting it on course for a more than 15pc yearly gain.

Published 31 Dec, 2020 11:19pm

Markets

Wall St closes higher, dollar drops as remarkable year winds down

Emerging market stocks rose 1.73pc. MSCI's broadest index of Asia-Pacific shares outside Japan closed 1.85pc higher, while Japan's Nikkei lost 0.45pc.

Published 31 Dec, 2020 03:52am

Markets

Wall St advances, dollar declines as remarkable year nears finish line

All three major US stock averages higher.
Dollar sinks to lowest since April 2018.
Stimulus check negotiations continue in Washington.

Published 30 Dec, 2020 09:15pm

Markets

Wall St opens higher on hopes of vaccine-fueled recovery

The Dow Jones Industrial Average rose 79.42 points, or 0.26%, at the open to 30,415.09.
The S&P 500 opened higher by 9.15 points, or 0.25%, at 3,736.19.

Published 30 Dec, 2020 08:59pm

Markets

Australia shares track Wall Street lower, snap 3 days of gains

Gold stocks ended slightly lower despite a rise in spot prices, while financials tracked the broad market sell-off to close down 0.3%.

Published 30 Dec, 2020 12:36pm

Markets

Nikkei pulls back from over 30-year high on profit-taking

Honda Motor led the underperformers among the Topix 30, down 1.79%, followed by Shin-Etsu Chemical, which lost 1.72%.

Published 30 Dec, 2020 10:18am

Markets

Australian shares set to open lower tracking Wall Street dip; NZ inches up

New Zealand's benchmark S&P/NZX 50 index inched up 0.1pc by 2122 GMT, after closing at a record high on Tuesday.

Published 30 Dec, 2020 04:07am

Gainers
Losers
Leaders

Stock	Price
Aisha Steel(ConPS) / Sep 22 Aisha Steel(ConPS)(ASLPS)	10.17 ▲ 1.00 (10.91%)
First Elite Cap.Mod / Sep 22 First Elite Capital Modaraba(FECM)	3.20 ▲ 0.30 (10.34%)
HBL Invest Fund / Sep 22 HBL Investment Fund(HIFA)	1.65 ▲ 0.14 (9.27%)
Power Cem(Pref) / Sep 22 Power Cement (Pref)(POWERPS)	6 ▲ 0.50 (9.09%)
Symmetry Group / Sep 22 Symmetry Group Limited(SYM)	3.87 ▲ 0.29 (8.10%)
Pak Paper Prod / Sep 22 Pakistan Paper Products Limited(PPP)	44.53 ▲ 3.11 (7.51%)
Arpak Int. / Sep 22 Arpak International Investments Ltd.(ARPAK)	64.50 ▲ 4.50 (7.50%)
Pak Hotels / Sep 22 Pakistan Hotels Developers Limited(PHDL)	190.41 ▲ 13.28 (7.50%)
P.N.S.C / Sep 22 Pakistan National Shipping Corporation(PNSC)	159.67 ▲ 11.14 (7.50%)
Premium Textile / Sep 22 Premium Textile Mills Limited(PRET)	406.46 ▲ 28.36 (7.50%)

Stock	Price
The Searle Co. (R) / Sep 22 The Searle Company Limited (R)(SEARLR2)	0.13 ▼ -0.12 (-48.00%)
Trust Mod. / Sep 22 Trust Modaraba(TRSM)	1.25 ▼ -0.18 (-12.59%)
Jubilee Spinning / Sep 22 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	4.70 ▼ -0.60 (-11.32%)
Redco Textile / Sep 22 Redco Textiles Limited(REDCO)	5.65 ▼ -0.62 (-9.89%)
Equity Modaraba / Sep 22 First Equity Modaraba(FEM)	3 ▼ -0.30 (-9.09%)
AKD Hospitality / Sep 22 AKD Hospitality Limited(AKDHL)	126.37 ▼ -10.25 (-7.50%)
Dadex Eternit / Sep 22 Dadex Eternit Limited(DADX)	36.76 ▼ -2.98 (-7.50%)
JS Global Cap. / Sep 22 JS Global Capital Limited(JSGCL)	149.05 ▼ -12.08 (-7.50%)
Gammon Pak / Sep 22 Gammon Pakistan Limited(GAMON)	6.45 ▼ -0.37 (-5.43%)
Unilever Foods / Sep 22 Unilever Pakistan Foods Limited(UPFL)	20100 ▼ -1155.00 (-5.43%)

Stock	Volume
The Searle Co. (R) / Sep 22 The Searle Company Limited (R)(SEARLR2)	24,002,721 ▼ -0.12
Treet Corp / Sep 22 Treet Corporation Limited(TREET)	17,803,918 ▼ -0.08
Maple Leaf Cement / Sep 22 Maple Leaf Cement Factory Limited(MLCF)	15,196,347 ▲ 1.55
WorldCall Telecom / Sep 22 Worldcall Telecom Limited(WTL)	7,596,263 ▲ 0.01
Bankislami Pak. / Sep 22 BankIslami Pakistan Limited(BIPL)	6,775,527 ▲ 0.72
Unity Foods Ltd / Sep 22 Unity Foods Limited(UNITY)	6,691,541 ▲ 1.22
Pak Petroleum / Sep 22 Pakistan Petroleum Limited(PPL)	6,149,595 ▲ 0.90
TRG Pak Ltd / Sep 22 TRG Pakistan Limited(TRG)	5,004,040 ▲ 1.05
Symmetry Group / Sep 22 Symmetry Group Limited(SYM)	4,581,000 ▲ 0.29
TPL Properties / Sep 22 TPL Properties Limited(TPLP)	4,030,395 ▲ 0.10

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 21	292.95
USD PKR Interbank Buying / Sep 21	292.75
USD to Japanese Yen / Sep 21	148.37
USD to Swiss Franc / Sep 21	0.90
Pound Sterling to USD / Sep 21	1.23
Euro to USD / Sep 21	1.06
UK LIBOR % / Sep 20	5.44

Stock	Volume
S&P 500 / Sep 20	4402.20
Nasdaq / Sep 20	13469.13
Dow Jones / Sep 20	34440.88
India Sensex / Sep 21	66272.85
Tokyo Nikkei / Sep 21	32607.84
Hang Seng / Sep 21	17627.95
FTSE 100 / Sep 21	7702.61
Germany DAX 30 / Sep 21	15683.40
France CAC40 / Sep 21	7263.53

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 20	19235
Gold 10 Grams PKR / Sep 20	186820
Crude Oil USD/Barrel / Sep 21	90.28
Gold Spot USD/Ounce / Sep 21	1928.43
Cotton US¢/pound / Sep 21	86.84

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