News stories for Asad Rizvi - Business Recorder

Asad Rizvi

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

Opinion

Policy rate decision ahead of budget presentation

State Bank of Pakistan (SBP) will be making its monetary policy public today. As May inflation has already dropped...

Updated 10 Jun, 2024 08:06am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 9	281.75
USD PKR Interbank Buying / May 9	281.50
USD to Japanese Yen / May 9	145.15
USD to Swiss Franc / May 9	0.83
Pound Sterling to USD / May 9	1.33
Euro to USD / May 9	1.12
UK LIBOR % / May 8	4.96

Stock	Volume
S&P 500 / May 8	5,663.94
Nasdaq / May 8	17,928.14
FTSE 100 / May 8	8,531.61
Dow Jones / May 8	41,368.45
Germany DAX 30 / May 8	23,352.69
France CAC40 / May 8	7,694.44
India Sensex / May 9	79,496.11
Tokyo Nikkei / May 9	37,503.33
Hang Seng / May 9	22,833.68

Item	Value
Karachi Cotton PKR/37.32 KG / May 8	16,985
Gold 10 Grams PKR / May 8	302,383
Petrol/Litre / May 9	252.63
Crude Oil USD/Barrel / May 9	60.39
Gold Spot USD/Ounce / May 9	3,326.57
Diesel/Litre / May 9	256.64
Cotton US¢/pound / May 9	66.46

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd (Pref) / May 9 Chenab Limited (Pref)(CLCPS)	2.24 ▲ 0.42 (23.08%)
Premier Insurance / May 9 Premier Insurance Limited(PINL)	5.19 ▲ 0.76 (17.16%)
Parmount Sp. / May 9 Paramount Spinning Mills Limited(PASM)	3.27 ▲ 0.46 (16.37%)
UDL International / May 9 UDL International Limited(UDLI)	7 ▲ 0.75 (12%)
Abdullah Shah / May 9 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	5.30 ▲ 0.51 (10.65%)
LSE Ventures / May 9 LSE Ventures Limited(LSEVL)	9.75 ▲ 0.93 (10.54%)
Tri-Star Power / May 9 Tri-Star Power Limited(TSPL)	5.70 ▲ 0.53 (10.25%)
Olympia Mills / May 9 Olympia Mills Limited(OML)	46.15 ▲ 4.2 (10.01%)
Khyber Textile / May 9 Khyber Textile Mills Limited(KHYT)	734.88 ▲ 66.81 (10%)
S.S.Oil / May 9 S.S.Oil Mills Limited(SSOM)	570.91 ▲ 51.9 (10%)

Stock	Price
Cyan Limited / May 9 Cyan Limited(CYAN)	26.40 ▼ -5.68 (-17.71%)
F.Credit & Inv / May 9 First Credit and Investment Bank Limited(FCIBL)	6.90 ▼ -0.99 (-12.55%)
Burj Clean Energy Modaraba / May 9 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.11 ▼ -1 (-12.33%)
786 Invest Ltd / May 9 786 Investments Limited(786)	6.70 ▼ -0.9 (-11.84%)
Aruj Industries / May 9 Aruj Industries Limited(ARUJ)	7.09 ▼ -0.89 (-11.15%)
Nimir Resins / May 9 Nimir Resins Limited(NRSL)	29.68 ▼ -3.3 (-10.01%)
Kohinoor Mills / May 9 Kohinoor Mills Limited(KML)	26.46 ▼ -2.94 (-10%)
Bilal Fibres / May 9 Bilal Fibres Limited(BILF)	19.44 ▼ -2.16 (-10%)
Khyber Tobacco / May 9 Khyber Tobacco Company Limited(KHTC)	342.26 ▼ -38.03 (-10%)
At-Tahur Ltd. / May 9 At-Tahur Limited(PREMA)	42.57 ▼ -4.73 (-10%)

Stock	Volume
WorldCall Telecom / May 9 Worldcall Telecom Limited(WTL)	30,880,568 ▲ 0.03
Sui South Gas / May 9 Sui Southern Gas Company Limited(SSGC)	14,539,629 ▼ -2.67
B.O.Punjab / May 9 The Bank of Punjab(BOP)	10,097,719 ▲ 0.09
PIA Holding Co.Ltd / May 9 PIA Holding Company Limited(PIAHCLA)	8,688,576 ▼ -1.34
Kohinoor Spining / May 9 Kohinoor Spinning Mills Limited(KOSM)	8,301,174 ▼ -0.14
Pak Refinery / May 9 Pakistan Refinery Limited(PRL)	7,898,278 ▼ -1.76
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	7,211,738 ▼ -0.08
Sui North Gas / May 9 Sui Northern Gas Pipelines Limited(SNGP)	5,892,050 ▲ 3.91
Maple Leaf Cement / May 9 Maple Leaf Cement Factory Limited(MLCF)	5,775,320 ▼ -0.05
Hascol Petrol / May 9 Hascol Petroleum Limited(HASCOL)	5,768,496 ▲ 0.08

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