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WallStreet

China shares rise on return from holiday, profit-taking hits other markets

Spot gold edged up 0.14% to $1,778.72 per ounce. US gold futures rose 0.28% to $1,777.60 per ounce.

Published 18 Feb, 2021 12:43pm

Markets

Tokyo stocks open higher on rallies in US Dow

A Honda spokeswoman declined to comment when contacted by AFP.

Published 18 Feb, 2021 10:33am

Markets

Tokyo stocks open lower on profit-taking

Japan logged a trade deficit of 323.9 billion yen ($3 billion) in January, according to finance ministry data released 10 minutes before the opening bell.

Published 17 Feb, 2021 11:00am

Markets

Tuesday’s early trade: Wall Street scales new peak on stimulus, recovery bets

NEW YORK: Wall Street’s main indexes hit all-time highs on Tuesday, with investors piling into economically...

Published 17 Feb, 2021 04:24am

Markets

Wall Street week ahead: Investors eye shares of hotels, cruise lines

NEW YORK: Investors are watching next week’s earnings reports from hotels, cruise lines and other businesses that...

Published 15 Feb, 2021 04:53am

Business & Finance

Wall Street's SPAC craze scales new heights with record filings

The 28 filings for new special purpose acquisition companies (SPACs) underscore their growing appeal on Wall Street. SPACs raised a record $82 billion last year, and the trend has gathered further steam in the early weeks of 2021.

Published 13 Feb, 2021 10:20am

Markets

Wall Street dips at open as energy stocks decline

The Dow Jones Industrial Average fell 9.9 points, or 0.03%, at the open to 31420.8. The S&P 500 fell 4.7 points,

Published 12 Feb, 2021 09:18pm

Markets

Thursday's early trade: Dow hits record high

NEW YORK: The Dow hit a record high on Thursday while the S&P 500 and the Nasdaq hovered near all-time highs as...

Published 12 Feb, 2021 04:54am

Wall Street player BNY Mellon jumps on bitcoin bandwagon

NEW YORK: Bitcoin and other crypto currencies took another leap towards the financial mainstream Thursday when Wall...

Updated 12 Feb, 2021 09:28am

Markets

Australia shares set to open lower as tech stocks likely to drag

Tech industry giants Tesla, Amazon.com, Microsoft and Apple weighed the most on the S&P 500 and Nasdaq indexes during US trade.

Published 11 Feb, 2021 09:46am

Markets

Wednesday’s early trade: Rally runs out of steam ahead of Powell talk

NEW YORK: Wall Street’s main indexes slipped from record levels on Wednesday as investors digested recent gains...

Published 11 Feb, 2021 04:34am

Markets

Shares of Lyft surge as cost-cutting charts path to profitability

Regardless of whether EBITDA profit comes in Q3 or Q4, Lyft should be structurally more profitable coming out of the pandemic and focused on accelerating operating velocity.
Wall Street seems impressed, with 24 brokerages locking in a buy or higher rating on the stock, 12 at hold and two at sell or lower.

Published 10 Feb, 2021 08:19pm

Markets

Asian markets push higher as traders focus on recovery outlook

Bitcoin was also struggling to push past $50,000 after this week's rally that came on the back of news that Elon Musk's electric carmaker Tesla had invested $1.5 billion in the cryptocurrency.

Published 10 Feb, 2021 10:20am

Markets

Futures slip after Wall Street ends at record highs

Futures down: Dow 0.21%, S&P 0.19%, Nasdaq 0.18%
Last week's data showing slower-than-expected growth in the labor market underscored the need for more government aid to blunt the effects of the COVID-19 pandemic.

Published 09 Feb, 2021 05:19pm

Markets

Stocks, oil rise in Asia after US records

Spot gold rose 0.37% to $1,837 an ounce as expectations of a large US economic stimulus package bolstered its appeal as an inflation hedge.

Published 09 Feb, 2021 12:22pm

Markets

Tokyo stocks open higher on hopes for vaccines, stimulus

SoftBank Group was down 0.32 percent at 1,414 yen on profit-taking after it said net profit rocketed to $11.1 billion in the third quarter, as stock rallies and asset sales helped solidify its recovery.

Published 09 Feb, 2021 10:37am

Markets

GameStop shares slump as Reddit rally ebbs

AMC shares dropped 10.54pc at $6.11 after hitting a session low of $5.75, its lowest level since January 26. Koss shares lost 5.66pc to trade at $18.85.

Published 08 Feb, 2021 11:25pm

Markets

Asian markets track Wall St records on stimulus optimism

Observers said the slowing rate of new cases was mostly because of containment measures but that the outlook continued to improve as governments press ahead with their inoculation programmes.

Published 08 Feb, 2021 09:48am

Markets

Wall Street week ahead: GameStop frenzy reveals potential for broader market stress

NEW YORK: As the trading frenzy in GameStop Corp shares and other social media favourites recedes, investors are...

Published 08 Feb, 2021 03:46am

Markets

Wall Street ‘predators’ make allies of political foes

NEW YORK: Recent stock market mayhem has done what appeals to rise above self-interest could not — gotten US...

Published 08 Feb, 2021 03:46am

Business & Finance

GameStop shares halt slide after Robinhood lifts trading curbs

The videogame retailer, the initial trigger for the market slugfest after gaining popularity on social media platform Reddit’s WallStreetBets, closed up 19.20% at $63.77 after hitting a session high of $95, although the wild gyrations seen in the past two weeks appeared to be easing.

Published 06 Feb, 2021 10:27am

Markets

Indonesia shares gain on govt measures to boost recovery; most others fall

Most currencies in the region fell as the dollar traded near its strongest levels in more than two months against the euro and the yen.

Published 04 Feb, 2021 10:44am

Pakistan

Daniel Pearl case: US congressmen urge Pakistan to conduct full review of acquittal

ISLAMABAD: A group of US Congressmen have addressed a letter to Pakistan’s Ambassador in Washington, Ambassador...

Published 04 Feb, 2021 04:13am

Markets

Wall Street jumps as Amazon, Google stocks up

NEW YORK: US stocks finished sharply higher for a second straight day on Tuesday, helped by gains in Amazon.com and...

Published 04 Feb, 2021 04:13am

Markets

Japanese shares surge

TOKYO: Japanese shares ended higher on Wednesday, with transport stocks leading gains, as Wall Street’s ...

Published 04 Feb, 2021 04:13am

Markets

S&P posts biggest gain since Nov 24

NEW YORK: The S&P 500 registered its biggest daily percentage gain since Nov. 24 on Monday after a steep ...

Published 03 Feb, 2021 04:35am

Markets

Wall St jumps ahead of Amazon, Alphabet results; stimulus in focus

Alphabet, which will report the cost and operating profit of its Google Cloud business for the first time, added 1.5pc, while retail behemoth Amazon.com Inc rose 1.4pc.

Published 03 Feb, 2021 12:15am

Business & Finance

Alibaba beats quarterly revenue estimates

Revenue rose 37% to 221.08 billion yuan ($34.24 billion) in the three months ended Dec. 31, above estimates of 214.38 billion yuan, according IBES data from Refinitiv.

Published 02 Feb, 2021 05:04pm

Markets

Stocks rally again as optimism returns to Asia markets

The move has cost several Wall Street giants huge losses and there had been a fear that investors would have to sell other assets to close out positions to protect themselves from suffering steeper losses.

Published 02 Feb, 2021 10:55am

Markets

Monday’s early trade: Wall Street advances as small-time traders turn to silver

NEW YORK: Wall Street’s main indexes climbed on Monday following a steep sell-off last week, as a shift in the...

Published 02 Feb, 2021 04:29am

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	158.33
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 26	5099.96
India Sensex / Apr 26	73730.16
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Hang Seng / Apr 26	17651.15
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01

Item	Value
Crude Oil USD/Barrel / Apr 26	83.85
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Gold Spot USD/Ounce / Apr 26	2337.96
Cotton US¢/pound / Apr 26	80.90
Petrol/Litre / Apr 27	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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