News stories for Asad Rizvi - Business Recorder

Asad Rizvi

Opinion

US tariff policy hurting USD

There has been some stability in the markets, as sentiments have improved following the announcement of trade...

Updated 12 May, 2025 07:04am

Opinion

Gold still faces downside risks

Last week, the global financial markets displayed some stability following a reduction in tariff tensions between ...

Updated 05 May, 2025 08:06am

Opinion

Volatility in gold prices likely to persist

The world has become increasingly aware of the economic repercussions caused by tariffs, which have unsettled global...

Updated 28 Apr, 2025 07:57am

Opinion

Gold emerges as clear winner

Last week, market investors primarily concentrated on the ongoing trade conflict between the United States and the...

Updated 21 Apr, 2025 06:17am

Opinion

ECB expected to further reduce its rates

The global financial markets have been quite unstable lately due to recent changes in the US trade policies....

Updated 14 Apr, 2025 06:55am

Opinion

Downward revision of global economic outlook likely

The long-awaited decision regarding reciprocal tariffs has been announced by the US government, with Donald Trump...

Published 07 Apr, 2025 02:49am

Opinion

Yen has weakened due to tariff-related concerns

The activity in the foreign exchange market wrapped up on a lackluster note, failing to establish any clear...

Published 31 Mar, 2025 04:08am

Opinion

Gold volatility has risen

The Federal Reserve’s decision to keep its policy rate steady was the most significant economic development of the...

Published 24 Mar, 2025 06:28am

Opinion

All eyes on the Fed’s interest rate decision

This week, the market will be closely monitoring the Federal Reserve’s interest rate decision, which is set to be...

Published 17 Mar, 2025 06:43am

Opinion

Stabilising economic activity a significant task for SBP

Considering the scale of Pakistan’s external borrowing, obligations related to debt payments, profit repatriation,...

Updated 15 Mar, 2025 07:33am

Opinion

Tariff situation undoubtedly impacting US economy

The US economy added 151,000 jobs, but the unemployment rate rose to 4.1%. This is a key economic indicator for the...

Published 10 Mar, 2025 05:58am

Opinion

US economic indicators: growth and business activity tapering

The sudden change in the US President’s plan to implement tariffs starting March 4 instead of next month has...

Updated 03 Mar, 2025 07:03am

Opinion

Germany election crucial for Eurozone economy

Softer economic data from the US is hindering recovery and negatively impacting consumer sentiment, which relies on...

Published 24 Feb, 2025 07:33am

Opinion

Price stability: a high priority task

A stable Pak Rupee, decreased petrol prices since September 2023, and a substantial fall in inflation are some of ...

Published 19 Feb, 2025 06:21am

Opinion

Trump likely to rework world trading ties with ‘reciprocal’ tariffs

The financial market is shifting as a result of a few major changes in the geopolitical environment and economic...

Published 17 Feb, 2025 03:09am

Opinion

Markets staying rather cautiously optimistic?

Following last week’s turbulent session brought on by tariff concerns, the market is calmer now that the matter ...

Published 10 Feb, 2025 05:35am

Opinion

The Trump trade wars

US President Donald Trump has formally agreed to impose 25 percent tariffs on Canada and Mexico and 10 percent...

Published 03 Feb, 2025 06:41am

Opinion

Facing a double-edged sword

There has been a lot of discussion among analysts and news media about the amount of liquidity in the market and ...

Published 03 Oct, 2024 07:10am

Opinion

SBP to repurchase MTBs: a wise move

SBP (State Bank of Pakistan) has announced its plan to repurchase Market Treasury Bills (MTBs). It has already...

Updated 30 Sep, 2024 08:15am

Opinion

Realistically speaking, the economy has improved

Making comments on financial issues without any expertise in the subject matter or without receiving concurrence ...

Published 17 Sep, 2024 06:33am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 13	281.73
USD PKR Interbank Buying / May 13	281.53
USD to Japanese Yen / May 13	147.90
USD to Swiss Franc / May 13	0.84
Pound Sterling to USD / May 13	1.32
Euro to USD / May 13	1.11
UK LIBOR % / May 12	4.96

Stock	Volume
S&P 500 / May 12	5,844.19
Nasdaq / May 12	18,708.34
Dow Jones / May 12	42,410.10
India Sensex / May 13	81,726.97
Tokyo Nikkei / May 13	38,305.85
Hang Seng / May 13	23,188.20
FTSE 100 / May 13	8,606.55
Germany DAX 30 / May 13	23,595.02
France CAC40 / May 13	7,859.80

Item	Value
Karachi Cotton PKR/37.32 KG / May 12	16,985
Gold 10 Grams PKR / May 12	291,923
Petrol/Litre / May 13	252.63
Crude Oil USD/Barrel / May 13	61.90
Gold Spot USD/Ounce / May 13	3,253.26
Diesel/Litre / May 13	256.64
Cotton US¢/pound / May 13	66.85

Gainers
Losers
Leaders

Stock	Price
Grays Leasing / May 13 Grays Leasing Limited(GRYL)	4.51 ▲ 0.72 (19%)
TPL Trakker Ltd / May 13 TPL Trakker Limited(TPLT)	6.59 ▲ 1 (17.89%)
Al-Shaheer Corp / May 13 Al Shaheer Corporation Limited(ASC)	6.88 ▲ 1 (17.01%)
B. F. Mod. / May 13 B.F. Modaraba(BFMOD)	8.34 ▲ 1 (13.62%)
Burj Clean Energy Modaraba / May 13 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.11 ▲ 1 (12.33%)
Mahanna Islamic Index / May 13 Mahanna Islamic Index Traded Fund(MIIETF)	15.47 ▲ 1.65 (11.94%)
Haseeb Waqas / May 13 Haseeb Waqas Sugar Mills Limited(HWQS)	9.59 ▲ 1 (11.64%)
Gulshan Sp. / May 13 Gulshan Spinning Mills Limited(GSPM)	3.40 ▲ 0.35 (11.48%)
Ghazi Fabrics / May 13 Ghazi Fabrics International Limited(GFIL)	10.17 ▲ 1 (10.91%)
PIA Holding Co.Ltd / May 13 PIA Holding Company Limited(PIAHCLA)	14.80 ▲ 1.35 (10.04%)

Stock	Price
Power Cem(Pref) / May 13 Power Cement (Pref)(POWERPS)	15.35 ▼ -1.71 (-10.02%)
Bilal Fibres / May 13 Bilal Fibres Limited(BILF)	19.59 ▼ -2.18 (-10.01%)
TPL Life Insur. / May 13 TPL Life Insurance Limited(TPLL)	46.80 ▼ -5.2 (-10%)
Din Tex. / May 13 Din Textile Mills Limited(DINT)	45 ▼ -4.99 (-9.98%)
Mughal Energy / May 13 Mughal Energy Limited(GEM)(GEMMEL)	19.90 ▼ -2.12 (-9.63%)
Suhail Jute / May 13 Suhail Jute Mills Limited(SUHJ)	78.36 ▼ -8.24 (-9.52%)
First Punjab Modaraba / May 13 First Punjab Modaraba(FPJM)	2.77 ▼ -0.28 (-9.18%)
Parmount Sp. / May 13 Paramount Spinning Mills Limited(PASM)	3.36 ▼ -0.31 (-8.45%)
First AL-Noor Mod. / May 13 First Al-Noor Modaraba(FANM)	2.95 ▼ -0.25 (-7.81%)
First IBL Mod. / May 13 First IBL Modaraba(FIBLM)	3 ▼ -0.24 (-7.41%)

Stock	Volume
WorldCall Telecom / May 13 Worldcall Telecom Limited(WTL)	41,734,903 ▼ -0.06
Maple Leaf Cement / May 13 Maple Leaf Cement Factory Limited(MLCF)	41,052,877 ▲ 6.27
Sui South Gas / May 13 Sui Southern Gas Company Limited(SSGC)	35,773,773 ▲ 2.33
Oil & Gas Dev. / May 13 Oil & Gas Development Company Limited(OGDC)	30,912,153 ▲ 15.65
B.O.Punjab / May 13 The Bank of Punjab(BOP)	24,175,098 ▼ -0.16
Cnergyico PK / May 13 Cnergyico PK Limited(CNERGY)	24,174,880 ▼ -0.09
K-Electric Ltd. / May 13 K-Electric Limited(KEL)	23,803,446 ▼ -0.22
At-Tahur Ltd. / May 13 At-Tahur Limited(PREMA)	21,754,749 ▼ -3.25
Fauji Cement / May 13 Fauji Cement Company Limited(FCCL)	20,681,855 ▲ 1.82
D.G.K.Cement / May 13 D.G. Khan Cement Company Limited(DGKC)	19,785,523 ▲ 10.35

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