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UK economy

UK’s Truss tries to reassure on economic plan

BIRMINGHAM: British Prime Minister Liz Truss tried to reassure her party and the public on Sunday by saying she...

Published 03 Oct, 2022 07:35am

Business & Finance

Sterling falls to weakest since early 2021 against euro

LONDON: Sterling briefly fell to its lowest level since early 2021 against a robust euro on Monday, while news that...

Published 13 Sep, 2022 06:12am

World

UK’s recession-threatened economy wins respite

LONDON: The UK’s recession-threatened economy rebounded in July after a hefty fall the previous month, official data...

Published 12 Sep, 2022 01:10pm

Opinion

UK slips towards recession, heaping pressure on next PM to help

Britain’s slide towards a recession has gathered momentum after data this week showed inflation jumping above 10%,...

Published 21 Aug, 2022 05:16am

Business & Finance

Pound tumbles to lowest since March 2020

LONDON: Sterling fell on Thursday and briefly hit its weakest since March 2020 below $1.18 as another bout of risk...

Published 15 Jul, 2022 06:20am

Business & Finance

Sterling rallies as dollar sellers emerge

LONDON: The British pound rose on Wednesday, helped by a broadly weaker dollar and after data showed the UK economy...

Published 14 Jul, 2022 05:00am

World

What next for UK economy as Boris Johnson quits?

LONDON: The resignation of Prime Minister Boris Johnson deepens the uncertainty hanging over Britain’s economy,...

Published 07 Jul, 2022 05:21pm

Markets

FTSE 100 posts first quarterly drop since September 2020

LONDON: London’s FTSE 100 fell on Thursday and recorded its first quarterly drop since September 2020, as concerns...

Published 01 Jul, 2022 06:13am

Business & Finance

Pound gains, but focus stays on struggling UK economy

LONDON: The British pound rose against the dollar and euro on Thursday, as investors shrugged off official data...

Published 01 Jul, 2022 06:13am

Markets

British midcaps slide over 2pc

LONDON: London’s FTSE 250 index fell to its lowest level in three months on Monday after data showed Britain’s...

Published 14 Jun, 2022 05:56am

Business & Finance

Britain’s political risks, economic fears keep sterling under pressure

LONDON: Sterling fell on Wednesday, staying close to a near three-week low touched this week against the US dollar,...

Published 09 Jun, 2022 06:18am

Business & Finance

Sterling falls against dollar amid concerns over UK economy

LONDON: Sterling fell against a strengthening dollar on Wednesday, with investors concerned about a deteriorating UK...

Published 02 Jun, 2022 06:19am

Markets

UK announces 25% windfall tax on energy producers’ profits

LONDON: Britain announced a 25% windfall tax on oil and gas producers’ profits on Thursday, alongside a 15 billion...

Published 26 May, 2022 05:45pm

World

London’s long-delayed commuter rail link opens

LONDON: Long delayed and over budget, the Elizabeth line rail link finally opened in London on Tuesday, with hopes...

Published 25 May, 2022 04:40am

World

Britain launches free trade deal talks with Mexico

LONDON: Britain on Friday said it was launching talks over a free trade deal with Mexico, looking to add services to...

Published 20 May, 2022 05:05pm

Markets

Sliding pound supports FTSE 100 after BoE flags recession risk

LONDON: Britain’s blue-chip index closed slightly higher on Thursday, supported by strong earnings from energy...

Published 06 May, 2022 05:03am

Business & Finance

Sterling falls

LONDON: Sterling fell on Monday against the euro and the dollar after data showed the UK economy slowed more sharply...

Published 12 Apr, 2022 05:17am

Markets

FTSE 100 up 0.1pc

LONDON: London’s FTSE 100 ended higher on Thursday, aided by healthcare and consumer staple stocks, although...

Published 25 Mar, 2022 05:47am

Business & Finance

Sterling soars again vs euro, weakens against dollar

LONDON: The British pound roared to another 5-1/2 year high versus the euro but dropped to its weakest since ...

Published 08 Mar, 2022 05:15am

Markets

Sterling soars again vs euro, weakens against dollar

LONDON: The British pound roared to another 5-1/2 year high versus the euro but dropped to its weakest since ...

Published 07 Mar, 2022 03:24pm

Business & Finance

NatWest back in black as economy recovers from Covid

LONDON: Britain’s NatWest bank said Friday that it surged back into annual profit last year as the economy...

Published 21 Feb, 2022 07:25am

Markets

UK bank NatWest returns to profit in 2021

LONDON: NatWest bank returned to profit last year as the economy recovered from the pandemic, the British ...

Published 18 Feb, 2022 01:59pm

Business & Finance

UK economy rebounds by record 7.5% in 2021 from pandemic

LONDON: Britain's economy rebounded by a record 7.5 percent last year on easing Covid curbs, staging a partial...

Updated 11 Feb, 2022 01:45pm

Business & Finance

Sterling mixed after hitting new highs

LONDON: Sterling was mixed on Monday after hitting new highs against the euro and the dollar amid rate rise...

Published 11 Jan, 2022 06:33am

BoE sets out plans to wean UK economy off stimulus

LONDON: The Bank of England said on Thursday it could see a modest reduction ahead in the huge support it has...

Published 06 Aug, 2021 03:58am

Business & Finance

UK economy picks up speed on lockdown exit

LONDON: Britain’s economic recovery is picking up speed in the second quarter as it gradually exits coronavirus...

Updated 23 May, 2021 10:36am

World

UK factories boom but bottlenecks pushing up prices: CBI

The Confederation of British Industry's industrial orders balance - measuring the proportion of firms reporting order volumes above or below normal - rose to +17 from -8 in April.
Overall output growth over the past three months was the highest since December 2018 and represented the first material growth in almost two years, the CBI said.

Updated 20 May, 2021 05:35pm

Business & Finance

UK economy in recovery mode before lockdown easing

LONDON: Britain’s economy began to recover strongly at the end of the first quarter despite only minor easing of...

Published 13 May, 2021 03:10am

Business & Finance

BoE sees stronger UK growth recovery in 2021

LONDON: The Bank of England said Thursday that the UK economy will enjoy a stronger-than-expected recovery this year...

Updated 07 May, 2021 10:01am

Markets

BoE set to hike UK growth forecast on Covid recovery

It has also predicted unemployment to average 6.5 percent this year.

Published 06 May, 2021 11:26am

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

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