Trends - Wall Street - Business Recorder

Wall Street

Wall St opens higher ahead of March business surveys; Intel shines

The Dow Jones Industrial Average rose 47.7 points, or 0.15%, at the open to 32470.88.
The S&P 500 rose 9.4 points, or 0.24%, at the open to 3919.93, while the Nasdaq Composite rose 61.5 points, or 0.47%, to 13289.243 at the opening bell.

Published 24 Mar, 2021 06:51pm

Markets

US stocks mostly down ahead of Powell appearance

The broad-based S&P 500 dipped 0.1 percent to 3,938.66, while the tech-rich Nasdaq Composite Index shed 0.3 percent to 13,338.94.

Published 23 Mar, 2021 09:28pm

Markets

Asian, European markets drop as inflation spectre hangs

Mumbai, Singapore, Manila and Wellington rose.
London, Paris and Frankfurt fell at the open.

Published 23 Mar, 2021 06:15pm

Markets

Bond fears overtake Fed hopes, US stocks fall at open

The broad-based S&P 500 slipped from its record the day before, falling 0.6 percent to 3,948.72, while the tech-rich Nasdaq Composite Index fell 0.2 percent to 15,699.32.

Published 18 Mar, 2021 08:10pm

Markets

Bonds crash stock market rally

Wall Street rallied on the news, with the Dow ending above 33,000 points for the first time, while the S&P 500 also chalked up a record.

Published 18 Mar, 2021 08:08pm

Markets

Wall Street flinches ahead of Fed decision

The benchmark Dow Jones Industrial Average was up 0.3 percent at 32,923.27.

Published 17 Mar, 2021 09:04pm

Markets

Tuesday's early trade: Main indexes move higher

NEW YORK: Wall Street's main indexes opened higher on Tuesday with the Nasdaq rebounding after a steep selloff in ...

Published 10 Mar, 2021 04:59am

Markets

US stocks mostly higher on progress of stimulus package

The broad-based S&P 500 advanced 0.2 percent to 3,850.57, while the tech-rich Nasdaq Composite Index fell 0.3 percent to 12,883.11.

Published 08 Mar, 2021 08:46pm

Markets

New era of volatility begins, but equity inflows continue: BofA

LONDON: Investors poured billions of dollars into high-flying stocks even as the ongoing bond market rout led to...

Published 08 Mar, 2021 05:45am

Hong Kong removed from economic freedom ranking

HONG KONG: Hong Kong has been removed from an annual index of the world's freest economies because the think-tank...

Published 05 Mar, 2021 05:17am

Markets

Wall St set for higher open on J&J vaccine cheer, stimulus optimism

US bond market rout eases.
J&J's COVID-19 vaccine to be available in 1-2 days.
Cyclical energy, banks, materials stocks jump.
Indexes up: Dow 1.63%, S&P 1.49%, Nasdaq 1.47%.

Updated 01 Mar, 2021 08:01pm

Markets

Thursday’s early trade: Main indexes down as tech shares fall, bond yields rise

NEW YORK: Wall Street’s main indexes edged lower on Thursday as heavyweight technology-related stocks remained...

Published 26 Feb, 2021 05:20am

Markets

Slide in growth stocks pummel Nasdaq, Powell testimony underway

Fed's Powell says support for economy needed for "some time".
Growth stocks resume slide.
Tesla falls as bitcoin sell-off weighs.
Home Depot slips on unclear consumer spending outlook.
Indexes fall: Dow 0.58%, S&P 1.05%, Nasdaq 2.43%.

Published 23 Feb, 2021 09:26pm

Business & Finance

Monday’s early trade: Wall Street falls

NEW YORK: US stock indexes fell on Monday as climbing Treasury yields and prospects of rising inflation triggered...

Published 23 Feb, 2021 05:20am

Markets

Facebook shares slip following news blackout move in Australia

The move was in response to a planned Australian law that would require internet companies like Facebook and Google to reach commercial deals with news outlets.
Facebook has underlined to investors in recent years that it faces risks from moderation, copyright and commercial claims around the content users publish on the social network.

Published 18 Feb, 2021 05:31pm

Markets

Bitcoin blows by $50,000, Wall Street in record territory

Bitcoin surged to $50,547.70 in midday European trading as an increasing number of corporate heavyweights back the world's most popular virtual currency.

Published 16 Feb, 2021 09:18pm

Markets

Wall Street reaches all-time highs

NEW YORK: Wall Street reached all-time closing highs on Monday as investor optimism was stoked by prospects of a...

Published 10 Feb, 2021 04:12am

Business & Finance

Centene misses profit estimates on higher costs

Centene also forecast 2021 adjusted profit between $5 and $5.30 per share, compared with Wall Street estimates of $5.24.
Centene raised its full-year revenue forecast range to $116.1 billion to $118.1 billion, from $114.1 billion to $116.1 billion.

Updated 09 Feb, 2021 11:32pm

Markets

Monday’s early trade: US top indexes scale all-time highs

NEW YORK: Wall Street’s main indexes scaled all-time highs on Monday, as investors bets on hopes that a fiscal...

Published 09 Feb, 2021 04:43am

Markets

Wall Street at record highs on stimulus, vaccine optimism

The Congress on Friday approved a budget plan that would allow a coronavirus relief bill to muscle through in the coming weeks without Republican support.

Published 09 Feb, 2021 12:35am

Markets

Japanese shares rally

TOKYO: Japanese shares ended more than 1% higher on Friday, following Wall Street's rally overnight, driven by ...

Published 06 Feb, 2021 04:06am

Markets

European shares rise, Germany lags

MILAN/FRANKFURT: European stocks rose on Friday, tracking an upbeat sentiment from Wall Street on hopes of a faster...

Published 06 Feb, 2021 04:06am

Markets

Wall St extends recent gains amid upbeat earnings, economic data

Democrats in the U.S. Senate were poised on Thursday to take a first step toward the ultimate passage of President Joe Biden's $1.9 trillion COVID-19 relief proposal.

Published 05 Feb, 2021 12:56am

Markets

Alibaba plans up to $5bn US-dollar bond issuance -term sheet

The latest offering will have various maturities up to 40 years, the term sheet showed, adding it is expected to include a tranche of sustainability notes due in 2041.

Published 03 Feb, 2021 10:39am

World

Lithuania blocks Chinese airport screening equipment

VILNIUS: NATO member Lithuania has banned the use of airport security-screening equipment made by a Chinese company...

Published 30 Jan, 2021 03:55am

US ‘outraged’ at SC verdict

WASHINGTON: The White House said it was "outraged" Thursday after Pakistan's top court upheld the acquittal and...

Published 30 Jan, 2021 03:55am

Markets

South Korea, Indonesia down, set for sharp weekly losses as riskier bets ebb

US futures fell around 1% into Asia's afternoon trading hours.

Published 29 Jan, 2021 10:14am

Markets

Japanese shares climb

TOKYO: Japanese shares suffered their biggest drop in six months on Thursday, tracking Wall Street, weighed by...

Published 29 Jan, 2021 04:55am

Markets

Thursday’s early trade: Main indexes up on big-tech strength

NEW YORK: Wall Street’s main indexes rose on Thursday, as a reversal of declines in mega-cap technology stocks...

Published 29 Jan, 2021 04:55am

Markets

Major Gulf markets weaken; Saudi index gains

DUBAI: Major Gulf markets weakened on Thursday, tracking global shares, as a sudden sell-off on Wall Street and...

Published 29 Jan, 2021 04:55am

Gainers
Losers
Leaders

Stock	Price
Jubilee Spinning / Dec 7 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	7.80 ▲ 1.00 (14.71%)
Bilal Fibres / Dec 7 Bilal Fibres Limited(BILF)	2.97 ▲ 0.37 (14.23%)
K-Electric Ltd. / Dec 7 K-Electric Limited(KEL)	3.92 ▲ 0.40 (11.36%)
Popular Islamic / Dec 7 Popular Islamic Modaraba(PIM)	11.50 ▲ 1.00 (9.52%)
Al-Shaheer Corp / Dec 7 Al Shaheer Corporation Limited(ASC)	11.52 ▲ 1.00 (9.51%)
Agritech Limited / Dec 7 Agritech Limited(AGL)	12.52 ▲ 1.00 (8.68%)
Bank Makramah / Dec 7 Bank Makramah Limited(BML)	2.40 ▲ 0.19 (8.60%)
TPL Corp Ltd / Dec 7 TPL Corp Limited(TPL)	7.35 ▲ 0.57 (8.41%)
TPL Trakker Ltd / Dec 7 TPL Trakker Limited(TPLT)	7.48 ▲ 0.58 (8.41%)
Dawood Equities / Dec 7 Dawood Equities Limited(DEL)	6.80 ▲ 0.50 (7.94%)

Stock	Price
Unicap Modaraba / Dec 7 Unicap Modaraba(UCAPM)	1.75 ▼ -0.24 (-12.06%)
Saritow Spinning / Dec 7 Saritow Spinning Mills Limited(SSML)	7.20 ▼ -0.80 (-10.00%)
Bawany Air Products / Dec 7 Bawany Air Products Limited(BAPL)	10.53 ▼ -0.97 (-8.43%)
Land Mark Spinning / Dec 7 Landmark Spinning Industries Limited(LMSM)	15.23 ▼ -1.24 (-7.53%)
Crescent Fib. / Dec 7 Crescent Fibres Limited(CFL)	80.02 ▼ -6.49 (-7.50%)
National Silk / Dec 7 The National Silk & Rayon Mills Limited(NSRM)	30.36 ▼ -2.46 (-7.50%)
Otsuka Pakistan / Dec 7 Otsuka Pakistan Limited(OTSU)	149.23 ▼ -12.10 (-7.50%)
Pak Engineering / Dec 7 Pakistan Engineering Company Limited(PECO)	508.75 ▼ -41.25 (-7.50%)
Shezan Inter. / Dec 7 Shezan International Limited(SHEZ)	132.10 ▼ -10.71 (-7.50%)
Frontier Ceram / Dec 7 Frontier Ceramics Limited(FRCL)	17.90 ▼ -1.45 (-7.49%)

Stock	Volume
K-Electric Ltd. / Dec 7 K-Electric Limited(KEL)	235,666,059 ▲ 0.40
Cnergyico PK / Dec 7 Cnergyico PK Limited(CNERGY)	95,356,592 ▲ 0.21
WorldCall Telecom / Dec 7 Worldcall Telecom Limited(WTL)	56,892,842 ▲ 0.05
Hascol Petrol / Dec 7 Hascol Petroleum Limited(HASCOL)	55,720,500 ▲ 0.15
Pak Refinery / Dec 7 Pakistan Refinery Limited(PRL)	42,648,059 ▲ 2.06
P.T.C.L. / Dec 7 Pakistan Telecommunication Company Ltd(PTC)	41,787,000 ▲ 0.62
Hum Network / Dec 7 Hum Network Limited(HUMNL)	39,669,500 ▼ -0.02
TPL Properties / Dec 7 TPL Properties Limited(TPLP)	35,911,319 ▲ 1.02
Pak Elektron / Dec 7 Pak Elektron Limited(PAEL)	35,429,264 ▲ 1.08
Pak Petroleum / Dec 7 Pakistan Petroleum Limited(PPL)	35,324,615 ▼ -0.58

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 7	284.53
USD PKR Interbank Buying / Dec 7	284.03
USD to Japanese Yen / Dec 7	146.80
USD to Swiss Franc / Dec 7	0.88
Pound Sterling to USD / Dec 7	1.25
Euro to USD / Dec 7	1.08
UK LIBOR % / Dec 6	5.47

Stock	Volume
S&P 500 / Dec 6	4549.34
Nasdaq / Dec 6	14146.71
Dow Jones / Dec 6	36054.43
India Sensex / Dec 7	69549.02
Tokyo Nikkei / Dec 7	32831.35
Hang Seng / Dec 7	16268.89
FTSE 100 / Dec 7	7485.25
Germany DAX 30 / Dec 7	16619.17
France CAC40 / Dec 7	7428.09

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 6	17235
Gold 10 Grams PKR / Dec 6	186986
Crude Oil USD/Barrel / Dec 7	69.77
Gold Spot USD/Ounce / Dec 7	2026.24
Cotton US¢/pound / Dec 7	79.89

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