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Wall Street

Wall St closes higher as Yellen backs more stimulus

Tesla Inc shares rose after Jefferies raised its earnings estimates ahead of the electric-car maker's fourth-quarter results next week.

Published 20 Jan, 2021 10:15am

Markets

Tokyo stocks open higher ahead of Biden's inauguration

The dollar fetched 103.89 yen in early Asian trade, against 103.90 yen in New York late Tuesday.

Published 20 Jan, 2021 10:10am

Markets

Tuesday’s early trade: US top indexes up

NEW YORK: Wall Street’s main indexes rose on Tuesday after upbeat earnings from big US banks and Halliburton, ...

Published 20 Jan, 2021 04:29am

Markets

Oil prices climb

• IEA cuts 2021 oil demand outlook, but sees upturn in H2 NEW YORK: Oil prices climbed with US stock markets on...

Published 20 Jan, 2021 04:29am

Markets

Wall St opens higher ahead of Yellen speech; spotlight on earnings

Yellen's speech begins at 10 a.m. ET.
Bank of America, Goldman Sachs rise on profit beat.
Halliburton up after higher sequential profit.
Indexes up: Dow 0.74%, S&P 0.79%, Nasdaq 1.03%.

Published 19 Jan, 2021 09:55pm

Markets

Shares climb, dollar dips before Yellen speech; earnings in focus

World shares rise 0.4%, oil up 1%, US dollar falls.
US stock index futures point to strong start.
Yellen to say US must 'act big' on relief package.
Italian bond yields drop ahead of confidence vote.

Published 19 Jan, 2021 07:52pm

Business & Finance

Goldman Sachs profit more than doubles on underwriting, trading boost

Revenue from global markets, which houses the bank's flagship trading business, registered its best annual performance in a decade.
Total revenue climbed 18% to $11.74 billion. The bank's net earnings applicable to common shareholders rose to $4.36 billion.

Published 19 Jan, 2021 07:32pm

World

Blackstone's Schwarzman: New US admin going to take a 'softer tone' towards China

"There is really a very substantial overlap of interest in these countries and the interest of the world," he said. "I expect to see much less tension."
Investors expected more clarity from Biden's administration regarding the rules but were not hopeful for a fundamental change of relationship between the world's two biggest economies.

Published 19 Jan, 2021 07:15pm

Markets

Yellen to tell lawmakers ‘act big’ on coronavirus relief

The plan calls for bold investment to jump-start the economy and accelerate the distribution of vaccines to bring the virus under control.
We think it more likely that Yellen tries to nudge the USD weaker over the medium term

Published 19 Jan, 2021 07:08pm

Business & Finance

Dollar reaches one-month high in Europe

LONDON: The US dollar strengthened for a third consecutive day on Monday, reaching a four-week high, as risk ...

Published 19 Jan, 2021 04:22am

Business & Finance

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

Regional banks, including Zions Bancorp, First Midwest Bancorp and United Community Banks Inc , are expected to report their quarterly results on Tuesday.

Published 17 Jan, 2021 08:52pm

Markets

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 9	278.20
USD PKR Interbank Buying / May 9	278
USD to Japanese Yen / May 9	155.57
USD to Swiss Franc / May 9	0.91
Pound Sterling to USD / May 9	1.25
Euro to USD / May 9	1.07

Stock	Volume
S&P 500 / May 8	5187.67
Nasdaq / May 8	16302.76
Dow Jones / May 8	39056.39
India Sensex / May 9	72965.17
Tokyo Nikkei / May 9	38260.75
Hang Seng / May 9	18532.72
FTSE 100 / May 9	8363.71
Germany DAX 30 / May 9	18547.71

Item	Value
Petrol/Litre / May 9	288.49
Crude Oil USD/Barrel / May 9	79.44
Karachi Cotton PKR/37.32 KG / May 9	19935
Gold 10 Grams PKR / May 9	205075
Gold Spot USD/Ounce / May 9	2318.17
Diesel/Litre / May 9	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 9 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 9 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 9 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 9 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 9 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 9 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 9 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 9 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 9 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 9 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 9 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 9 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 9 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 9 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 9 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 9 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 9 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 9 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 9 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 9 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 9 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 9 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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