Trends - investors - Business Recorder

investors

Dollar slips in Europe

LONDON: The US dollar fell on Wednesday as investor sentiment improved and government bond yields extended their...

Updated 04 Mar, 2021 09:33am

Markets

KSE-100 Index retreats: BRIndex100 rebounds

KARACHI: Pakistan Stock Exchange Tuesday witnessed a bullish trend and closed on a positive note with healthy gains...

Published 03 Mar, 2021 05:49am

Opinion

Central banks will happily ignore inflation mongers

The world’s biggest central banks will happily live with higher inflation and investors now aggressively betting ...

Published 02 Mar, 2021 05:50am

Technology

Indus Valley Capital raises $17.5M in its debut fund to invest in Pakistani startups

Indus Valley Capital (IVC) raises $17.5 million in its debut fund to invest in early-stage Pakistani startups.
While the target size of the fund was $15 million, it was oversubscribed with over 75 individual investors from all around the globe.

Updated 01 Mar, 2021 12:55pm

Business & Finance

SoftBank reaches deal with WeWork

TOKYO: Internet investor SoftBank Group said Saturday it reached a settlement with WeWork co-founder Adam Neumann ...

Published 28 Feb, 2021 04:55am

World

COVID-19 caused $220 billion of global dividend cuts in 2020: Research

According to research, the coronavirus pandemic led to a sharp decline in global dividends last year, with the amount of investor payouts declining by 12.6% to $1.26 trillion.
As the public health crisis impacted every corner of the globe, prompting lockdowns and inhibiting economic activity, dividend cuts amounted to $220 billion, according to the Global Dividend Index.

Updated 22 Feb, 2021 03:42pm

Business & Finance

Citibank loses bid to recover $500M accidentally wired to Revlon Lenders, Federal Judge Rules

Citibank lost the bid to recall $500 million that it accidentally wired last year to a group of companies that loaned money to beauty company Revlon.

Published 18 Feb, 2021 10:49pm

Markets

NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED (NCCPL)

KARACHI: National Clearing Company declares daily settlement information for local & foreign investors on ...

Published 17 Feb, 2021 04:24am

Markets

European shares hover near one-year highs

MILAN/FRANKFURT: European shares hovered near one-year highs on Tuesday as investors bet a bumper US stimulus ...

Published 17 Feb, 2021 04:24am

Business & Finance

Bitcoin surges past $50,000 for first time

LONDON: Bitcoin soared above $50,000 for the first time Tuesday as corporate heavyweights increasingly back the...

Updated 17 Feb, 2021 09:34am

Canada authorises first exchange-traded bitcoin fund

OTTAWA: Canada's main securities regulator has cleared the launch of the world's first exchange-traded bitcoin fund,...

Published 14 Feb, 2021 03:49am

Editorials

Start-ups gain traction

EDITORIAL: In modern tech world, new businesses are growing in a shape which is vastly different from the...

Published 12 Feb, 2021 04:54am

Technology

Reddit to double its workforce after raising $250M

Reddit to grow its workforce by 100% over the course of this year after raising $250 million in a new funding round.

Updated 09 Feb, 2021 04:58pm

PTI govt has not signed or ratified any BIT as yet

ISLAMABAD: The government of Pakistan Tehreek-e-Insaf (PTI) did not sign or ratify a single Bilateral Investment...

Published 07 Feb, 2021 04:07am

UAE adopts amendments to grant citizenship to investors, other professionals

DUBAI: The United Arab Emirates has adopted amendments that would allow the Gulf state to grant citizenship to...

Published 31 Jan, 2021 03:35am

Business & Finance

Dollar rally fizzles in Europe

LONDON: The dollar’s rally fizzled on Friday and risk-sensitive currencies recovered with an easing of nerves over...

Published 30 Jan, 2021 03:55am

Markets

GameStop shares may be up 350pc, but investors love the 50-cent options

For a stock that has rocketed about 350% in five sessions, why is the most hotly traded options contract at the 50-cent level?
Some traders may now be selling puts at these high prices, hoping to buy them back at a lower price if volatility falls, pocketing the difference, said Henry Schwartz, head of product intelligence at Cboe.

Published 29 Jan, 2021 09:04pm

Pakistan

Panther Tyres successfully raises Rs2.632bn through book building

KARACHI: Panther Tyres Limited successfully raised Rs 2.632 billion through a two-day book building which saw a ...

Updated 29 Jan, 2021 09:48am

Supplements

Export Processing Zones: Message From M. Shariq Vohra President KCCI

TEXT: It gives me great pleasure to congratulate Daily Business Recorder on taking out a special supplement on ...

Published 28 Jan, 2021 04:40am

Business & Finance

GE tops free cash flow estimates, provides upbeat 2021 outlook

The manufacturing conglomerate's shares rose 4.8% as it reported free cash flow from industrial operations of $4.37 billion, GE said.

Published 26 Jan, 2021 05:08pm

Markets

Italian bond yields drop on talk of new government without election

Italian bond yields fall after Friday sell-off.
Focus on chance of a new government.
EU hires banks for first SURE bond sale of the year.

Published 25 Jan, 2021 09:18pm

Business & Finance

Investors sue Bayer over stock's slump in wake of Roundup litigation

Bayer conducted appropriate due diligence regarding the acquisition process.
This has also been confirmed by the studies of independent experts.

Published 22 Jan, 2021 06:10pm

Technology

Pakistan's B2B Ecommerce Startup Bazaar Raises $6.5m in Seed

Pakistan's B2B ecommerce marketplace, Bazaar, raised $6.5 million in one of the largest seed rounds in the MENA region.
Bazaar becomes one of the best funded startups in Pakistan, as its total raise accumulates to $7.8 million after this round.

Updated 19 Jan, 2021 01:43pm

Business & Finance

China's Evergrande to redeem $2bn of convertible bonds early

Investors have been concerned about cashflow at Evergrande, whose interest-bearing indebtedness is about $110 billion.
The company said in a filing it had arranged internal funds to redeem the convertible bonds that carry a 4.25% coupon.

Published 18 Jan, 2021 04:52pm

Markets

Stimulus helps stocks shrug off impeachment chaos

US yields bounce after report of $2 trillion stimulus plan.
Japan's Nikkei hits fresh three-decade peak.
European shares, US futures edge higher.
China tech giants jump after spared from US blacklist.

Published 14 Jan, 2021 07:18pm

World

Fed minutes may shed light on bond plans, views of vaccine

The minutes of that meeting will be released Wednesday and are likely to detail just what drove that decision and how the Fed is factoring the promise of a coronavirus vaccine into its plans.
The faster we get that under control the more robust this recovery is going to look.

Published 06 Jan, 2021 05:44pm

World

Urge to purge 2020 from memory should be resisted

Governments around the world must figure out how to wind down their massive stimulus packages.

Published 04 Jan, 2021 10:31am

Business & Finance

Pakistan invites Japan to invest in different sectors

Qureshi said Pakistan could prove as an attractive destination for Japanese investors and businessmen owing to immense potential in various fields.

Published 31 Dec, 2020 03:28pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 17	278.30
USD PKR Interbank Buying / May 17	278.10
USD to Japanese Yen / May 17	155.67
USD to Swiss Franc / May 17	0.91
Pound Sterling to USD / May 17	1.27
Euro to USD / May 17	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Tokyo Nikkei / May 17	38787.38
Nasdaq / May 17	16685.97
Hang Seng / May 17	19535.61
FTSE 100 / May 17	8420.26
Dow Jones / May 17	40003.59
Germany DAX 30 / May 17	18704.42

Item	Value
Crude Oil USD/Barrel / May 17	79.59
Karachi Cotton PKR/37.32 KG / May 17	19935
Gold 10 Grams PKR / May 17	210562
Gold Spot USD/Ounce / May 17	2386.18
Cotton US¢/pound / May 17	76.29
Petrol/Litre / May 18	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 18 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 18 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 18 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 18 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 18 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 18 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 18 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 18 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 18 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 18 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 18 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Calculate your monthly liability in FY24

investors

Most Popular