BR100 Decreased By (-0.08%)
BR30 Increased By (0.08%)
KSE100 Decreased By (-0.11%)
KSE30 Decreased By (-0.2%)
AGHA 7.53 Decreased By ▼ -0.10 (-1.31%)
BECO 5.11 Decreased By ▼ -0.46 (-8.26%)
BML 58.30 Decreased By ▼ -1.44 (-2.41%)
BOP 34.58 Increased By ▲ 0.18 (0.52%)
CNERGY 13.68 Increased By ▲ 0.57 (4.35%)
CSIL 6.30 Decreased By ▼ -0.11 (-1.72%)
FCCL 57.55 Decreased By ▼ -0.51 (-0.88%)
FFL 16.50 Increased By ▲ 0.27 (1.66%)
FNEL 1.20 Decreased By ▼ -0.01 (-0.83%)
KEL 7.36 Decreased By ▼ -0.07 (-0.94%)
KOSM 5.98 Decreased By ▼ -0.05 (-0.83%)
LOTCHEM 27.51 Decreased By ▼ -0.16 (-0.58%)
MLCF 101.93 Decreased By ▼ -0.82 (-0.8%)
NBP 203.29 Decreased By ▼ -1.77 (-0.86%)
NCPL 60.47 Increased By ▲ 0.84 (1.41%)
NPL 69.80 Increased By ▲ 1.24 (1.81%)
OGDC 318.48 Decreased By ▼ -0.44 (-0.14%)
PACE 11.12 Increased By ▲ 0.07 (0.63%)
PAEL 42.86 Decreased By ▼ -0.24 (-0.56%)
PIBTL 16.72 Increased By ▲ 0.09 (0.54%)
PPL 230.62 Increased By ▲ 1.17 (0.51%)
PRL 76.73 Increased By ▲ 5.93 (8.38%)
PTC 71.18 Increased By ▲ 0.18 (0.25%)
SSGC 27.10 Decreased By ▼ -0.31 (-1.13%)
TBL 10.28 Decreased By ▼ -0.03 (-0.29%)
TELE 8.56 Increased By ▲ 0.03 (0.35%)
TPL 23.59 Increased By ▲ 0.53 (2.3%)
TPLP 15.45 Decreased By ▼ -0.31 (-1.97%)
TREET 24.51 Decreased By ▼ -0.20 (-0.81%)
TRG 60.09 Decreased By ▼ -0.20 (-0.33%)

London investors will focus next week on interest rate decisions from the Bank of England and European Central Bank as the current earnings season comes to a close. London's FTSE 100 index of top shares finished at 5,911.13 points on Friday, down 0.40 percent from a week earlier.
Next Thursday, the Bank of England (BoE) is widely expected to hold its key interest rate at a record low of 0.50 percent - where it has now stood for three years. The European Central Bank also delivers its latest monetary policy decisions on Thursday.
The British central bank decided last month to prop up Britain's faltering economy with an additional £50 billion (60 billion euros, $80 billion) and maintain ultra-low borrowing costs.
The bank's Monetary Policy Committee voted in favour of increasing its economic stimulus to £325 billion over a three-month period.
The BoE's main lending rate has meanwhile stood at 0.50 percent since March 2009 when the central bank began injecting £200 billion into the economy under a radical policy known as Quantitative Easing.
Under QE, the central bank creates new cash that is used to purchase assets such as government and corporate bonds in the hope of giving a boost to lending and economic activity.
"Having sanctioned a further £50 billion of QE last month ... we expect the bank rate to be held at 0.50 percent and the level of asset purchases sanctioned at £325 billion," said Victoria Cadman, an economist at Investec financial group.
Aside from the Bank of England, investors will also digest official British industrial production and producer prices data next week.
And on the corporate earnings radar, British insurance group Aviva will post its annual results on Thursday.

Copyright Agence France-Presse, 2012

Comments

Comments are closed for this article.